Spain

Pressure Mounts for Strict Regulation of Short-Term Accommodation

In reaction to the rising numbers of property investors buying up several apartments for short-term rental, the hotel sector is putting pressure on governments.....

As highlighted in IPIN’s ‘Emerging Trends in Global Property Markets 2015’ series, American property investors are harnessing the power.....

2014 has seen a resurgence of Britons buying property overseas, seeking to capitalise on a strengthening pound in Eurozone markets, where house prices are still heavily discounted and mortgages are cheap.....

An increase in sales by foreign buyers and institutional investors has led to predictions that unsold homes in Spain will shrink to 563,000 units in 2015....

Spain has released consistently strong economic data over the last eight quarters, leading economists to raise forecasts towards more positive growth through 2015.....

New data shows that the richest investors from the Middle East are set to pour billions into European property......

For the first time since records have been kept, Spain was visited by 9,070,024 tourists in the month of August alone, bringing the annual total......

Spanish property prices have recently reported price growth after six years in the doldrums, suggesting the bottom of the market has been reached.....

Over the past few years there has been an increasing amount of Chinese money pouring into overseas real estate markets. With more than 40,000 new millionaires created.....

An incredible €1.2bn has been spent by Chinese investors on overseas property projects in the first half of 2014, representing an increase of 84%....

In the second quarter of 2014, Spanish house prices recorded an increase for the first time in six years, confirming the nation's return.....

It's well recorded that London's prime property markets have experienced extreme inflation due to heightened interest from some of the world's richest investors....

Speculation about the future of China’s property market has increased as real estate moguls Li Ka-shing and Wang jianlin have gradually withdrawn....

Spanish Property Sales Up 48% in 2014

Spanish real estate valuation and assessment specialists TINSA have released data showing that Spain’s housing market is now recovering, amidst gradually improving....

Spain suffered more than most countries following the financial crisis with rigorous austerity measures, escalating public debt, heavy financial reliance on the Eurozone...

Shanghai Securities News have revealed that when record-high payments become due for China's real estate investment trusts (REITs)...

World leading property consulting and research firm CBRE have revealed that investors from the Middle East are expected to spend €135bn in overseas...

A new report published by trading platform Cofunds shows that net inflows into the Investment Management Association’s (IMA) Property sector...

The General Council of Notaries in Spain published data this week showing that US, Chinese and Russian buyers were among the most active foreign buyers...

Spain has made it back onto the list of Europe's "Top Five" investment destinations for the first time since 2010....

Easter 2014 saw Spain achieving visitor rates at the highest level for more than seven years as tourists flocked to experience the traditional Holy Week processions in one of the country's most popular holidays.

After feeling the ravages of recession more than most other countries in Europe, Spain now appear to be emerging from the wreckage with significant strength, contrary to speculation from economists...

A report issued by international credit ratings agency Fitch shows that although property prices in Spain are 30% below their 2007 peak, prices are still likely to continue falling in 2014, bottoming out in 2015...

For years, British investors in property have been among the most likely to be putting their money into foreign markets, where holiday homes and rental accommodation could promise them an income as well as the future capital gains...

Europe is trailing behind other global commercial property investment markets, according to the latest Global Commercial Property Survey from the Royal Institution of Chartered Surveyors (RICS). It has emerged that Europe has seen falls in its commercial activity, whilst analysts have forecasted further declines in values and rents for the rest of the year.

Twenty twelve wasn't a bad year for international real estate, not as bad as we have seen in recent years anyway, and especially for equities. The MSCI World Index posted a local currency return of 15% and real estate securities came in at 20% across most major markets and indices...

Commercial real estate investment in the CEE region has hit the second highest Q1 level since 2007 and the highest since Q1 2008 according to the latest data from CBRE...

According to new research European commercial property prices are the most attractive for 10 years. The quarterly Fair Value Index by DTZ monitors the relative attractiveness of pricing in commercial property in European markets by giving each a score out of 100 based on its attractiveness...

Set up as a condition of Spain's receiving European rescue funds, SAREB has scooped up £37 billion worth of land, foreclosed homes, half-built developments, and developer loans from four nationalised banks...

The property markets are now more diverse than ever with each sector fighting harder for news coverage and making its case for public investment. We take a look over the past month's activity on IPIN Live and what property investors were reading, and give our opinion as to why...

Trending Property News - Week 5

This weeks property news highlights in brief: Boris Johnson gets a party invite, economists question house price stats, a journalist complains and Vanilla Ice tells us about investing in US real estate...

The eurozone is undoubtedly in crisis but its predicted collapse has yet to materialise. In fact, there have been small signs of recovery - a shock to those such as Nobel-Prize winner Paul Krugman who expected the implosion of the monetary union to occur before 2013...

The Grant Thornton International Business Report 2013 has named Ireland as the 5th most optimistic economy in Europe, with 36 per cent of senior executives hopeful that the country's prospects will improve by 2014.

The Eurozone. As predicted last year – it's still alive, it's still bogged down by indecision and the UK is still doing the hokey-cokey on the side-lines...

European CMBS Becoming a Worry

As the US Mortgage backed securities trade looks set to hit a year-to-date total of $40 billion this week according to Standard and Poors, fledgling reports of a European CMBS revival have hit the wall of cold hard reality...

The summer selling season 2012 is just about to end for Spain, and surprisingly for some it is ending on rather a high note. According to a recent report sales in August were 4% higher than July and 7% higher than the previous year...

Ratings agency Standard and Poors have just downgraded Spanish bonds by two notches to BBB-, which is now just 1 notch above junk-debt ratings – Spanish bonds are hanging over the toilet with one foot in the grave...

Now well over 2 years into the Eurozone financial crisis and its lingering effects are continuing to depress the performance of European property funds...

Banks in Europe have been continuing to dispose of property assets in 2012, with transactions worth a total of EUR 7.5 billion (GBP 5.9 billion) being completed so far this year...

The performance of pan-European property funds has been negatively impacted by the ongoing eurozone crisis and particularly the performance of real estate assets in locations such as France and Germany...

Investment in UK Student Housing Rises

The amount of money ploughed into the UK's student housing sector in the first half of 2012 is more than double the volume recorded in the same period last year...

The value of commercial real estate assets in Europe has fallen by 0.9 per cent overall in the second quarter of this year, compared to the first three months of 2012...

My mother always said, drastic times call for drastic measures, and it was certainly a drastic measure when Spain finally admitted it needed bailing out by the EU, although not this time for government debt but for the survival of its beleaguered banking system...

Should Spain Have a NAMA (Bad Bank)?

Spain and Ireland right now are a near perfect experiment for two different ways of dealing with a burst real estate bubble; both had bubbles of the same magnificent proportions...

How to Solve the Eurozone Crisis

The Euro was originally formed to make trading easier between several countries and unify day to day business. It has failed. How about something gets done to actually achieve that?

There is a widening gap between the best and worst performing European office markets, with polarisation in the sector expected to continue throughout 2012...

As the financial crisis takes another bite out of Spain and threatens to project its fury into ending the world as we know it (well, ending the Euro anyway), we are all looking for safe investments...

For those that don't know, the European debt crisis has taken a turn for the worse again. Fresh fears over the need for a Spanish bailout and/or the possibility that the EU would disband because of its inability to give a bailout the size the Spain would require...

Sentiment among real estate professionals around the world improved in the first quarter of 2012. According to the Global Commercial Property Survey from the Royal Institution of Chartered Surveyors (Rics)...

According to new data from CB Richard Ellis European government's offloaded EUR 2.3 billion worth of publicly owned property in 2011, twice as much as 2010, but not the economies you'd immediately expect...

The volume of investment flowing into European real estate markets in 2012 is expected to be four per cent higher than it was in 2011...

Paris is now the biggest real estate investment destination in Europe, having overtaken London in the second half of last year according to new data released by CB Richard Ellis...

Spain, Ireland, the UK and the US have a pretty similar story to tell when it comes to their path from economic glory to gory. Obviously there are differences in one way and another, but all of them made it too easy to get too much credit, especially mortgage credit...

Prime property investments will continue to be the main focus of those with money to plough into Europe's real estate sectors over the coming year...

Real estate investors stateside are becoming more confident. The UK and the US have held hands so many times during the international financial crisis, showing similar trends at similar times...

Italians and Greeks are pouring millions of Euros into the London property market, which is standing out as one of the few safe-havens within Europe. On the first wave of the financial crisis, investors from Italy and Greece...

The economic difficulties experienced by eurozone nations during 2011 have been well documented, with countries such as Spain, Portugal and Ireland seeing their property markets take a significant hit....

Last year 26,744 more homeowners had properties worth a million quid or more, taking the UK total to 253,118 in December. This amounts to 1 in every 108 homes, which is down slightly compared to the 1 in 97 homes registered in 2007.

The Irish property market has attracted reports of nothing but doom and gloom for almost 2 years, but especially in the last few months. Rightly so I hear you say; the Irish property market has been one of the hardest hit in the world by the financial crisis...

For those that don't know, the combined intellect of the European Union's financial brains has come up with a tax first conceived in a university lecture in the seventies...

Earlier this year, Chinese firm HNA Group announced it will acquire a stake in the European hotel chain NH Hoteles, giving it access to the mid-range hotel market in the continent...

Ever since the UK housing market crashed and the value of the pound plummeted, wealthy buyers from around the world have been seizing the opportunity to buy up prime real estate assets in our prestigious capital...

Prime retail locations in central London have been targeted by international investors over the past five years, with overseas owners now more prevalent than UK funds in areas such as Oxford Street and Bond Street....

Investment In European Hotels Rises

The level of investment in European hotels across five core markets - France, Germany, Spain, the UK and Italy - increased during the first half of this year, new research shows...

A recovery in rents for offices in prime central business district (CBD) locations in Europe has been noted...

Despite being one of Europe's (PIIGs) most heavily indebted countries, and well wrapped up in the whole sovereign debt crises, Italian pooled funds have posted some pretty decent returns in the first half of this year.

The average price being charged for an overnight stay in a hotel in one of Europe's top 20 cities has risen in September compared to August, the trivago Hotel Price Index has shown...

Transaction volumes in the commercial real estate sector continued on their upward course during the first half of the year, beating the first six months of 2010 by around eight per cent...

Global Property Markets 'Weaker'

Overall, housing markets around the world were weaker over the course of the year that ended in the second quarter than in the previous 12 months...

Demand for distressed property rose significantly around the world during the second quarter of the year, the latest research from the Royal Institution of Chartered Surveyors (RICS) shows...

The latest figures published by STR Global have shown that the European hotel industry posted growth during July when compared to the same month last year...

Global Commercial Property 'Robust'

The latest Royal Institution of Chartered Surveyors (RICS) Global Commercial Property Survey has described the majority of markets around the world as "robust"...

EMEA Hotel Investment Volumes Rise

The Europe, Middle East and Africa (EMEA) region has experienced a significant increase in hotel investment volumes during the first half of the year...

Commercial property values in Europe continued their ascent in the first three months of 2011, albeit at a slower pace than previously recorded...

UK buyers are the target for the Malaysian My Second Home (MM2H) programme, it has been revealed. The Malaysian tourism minister, Dr Ng Yen Yen, has claimed that as globalisation makes the world more accessible, more Brits are expected to travel further to expand their property portfolios....

Invested stock increased by four per cent in 2010, indicating that European property markets have finally turned the corner. The growth, as reported in DTZ's flagship Money into Property 2011 report....

A new survey has highlighted a growing trend of potential foreign property owners buying for holidays, rather than as an investment....

Growing demand for retail property has become the primary driver of the European commercial property market, new research has found. CB Richard Ellis (CBRE) has reported that first-quarter commercial property investment was 32 per cent higher in 2011 than at the same point of last year....

Confidence in real estate both in the UK and abroad remains high, with 56 per cent of individuals questioned by the Worldwide Property Group believing that now is a good time to buy overseas...

Demand for overseas property from Russian buyers is set to soar, as many wealthy investors look to diversify their portfolios with homes abroad. Property magazine International Residence recently released new research...

Property investors are increasingly eying up riskier markets as fierce competition for commercial real estate in more stable countries pushes up prices and investment volumes....

Experts are predicting that 2011 will be a strong year for Real Estate Investment Trusts, (REITs) and particularly for those running Exchange Traded Funds (ETFs).

There are major geographical differences in Europe's residential property markets, according to the findings of the new European Housing Review 2011. Published by the Royal Institution of Chartered Surveyors (RICS), it notes that many countries have seen improvements....

Office property continues to make up the largest proportion of inter-regional investment around the world, with 58 per cent of all transactions for that asset class....

Despite positive signs, it will be a while before all Europe's housing markets return to full strength, with large disparities present between countries....

Over the past year, a total of 61 different nationalities have purchased property in London, according to the latest figures from estate agents Knight Frank.The fastest growing nationalities were buyers from Spain and Uzbekistan, the consultancy said....

Better employment prospects, growing business confidence and an expectation for solid economic growth over the course of 2011 have helped to bolster the commercial real estate market in Russia during the fourth quarter of 2010....

Property is considered to be a better investment than gold, shares, currency and savings, the results of a new survey have found. The latest research from the Worldwide Property Group has suggested that investor confidence is starting to return, with 69 per cent of the opinion that now is a good time to purchase real estate abroad....

Property investments in Spain could look more attractive as the country shows that it is not in as bad a deficit as had been thought....

Property Market Possibilities for 2011

As we approach the end of 2010 the industry experts start forecasting their market predictions for the year ahead. We have taken a closer look at five of the property industry reports....

Investors Look to Distressed Assets

An increasing number of real estate investors will be looking to take advantage of the distressed property market during the fourth quarter of this year as banks start to take a tougher line on failing loans....

Following a relaxation of currency exchange controls in South Africa, there has been a sharp rise in the number of wealthy locals looking to invest in overseas markets. In particular, buyers have been looking to take advantage of distressed opportunities in Spain and Florida, NewsTime reports....

Buyers looking to purchase an overseas property for lifestyle reasons are unlikely to base their decision on fluctuations in the currency market it has been claimed. According to Robin Wilson, head of overseas at Righmove, personal circumstances are more important than economic strength....

According to the International Monetary Fund (IMF), the current economic downturn could last anything up to eight years. As such the body has claimed that the prospects for the global property market are looking "dismal"....

An increasing number of real estate investors believe that now is a good time to buy international property, a new survey has found. The Worldwide Property Group has revealed that in its September confidence tracker study 73 per cent of respondents believe that market conditions are favourable....

Recovery Will Be a 'Drawn Out Process'

Despite being in a much improved position compared to two years previously, overseas property market still have a long way to go before they recover fully, Overseas Property Professional has reported. Speaking to the news provider, Robin Wilson, head of overseas at Rightmove, has claimed that buyers are returning to the market....

The challenging economic climate around the world has opened up the door to a new generation of property investment. Falling real estate values in countries worldwide means that the asset class is now more accessible to many individuals, City AM reports....

European Debt Crisis 'Over'

The European debt crisis has passed. The introduction of austerity measures, tax hikes and public sector pay cuts by eurozone governments has helped to successfully quell worries and slash public deficits in the region....

New research has found interest in buying overseas property to be at its highest level since April this year. The study, conducted by UK-based Worldwide Property Group, found that 72 per cent of respondents are of the belief that now is a good time to purchase real estate....