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Spanish Property Market News Archive

Please see below for our Spanish Property Market News Archive

New Build Prices Continue to Rise in Spain

The price of new build property in Palma rose by 4.6% in 2007, a little below the national average of 5.1%. The value per m2 ended 2007 at 2,478€ compared to a national average (for regional capital cities) of 2,905€.

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Energy Efficiency Grants

Earlier this month Spain's Prime Minister, Jose Luis Rodriguez Zapatero, anounced plans for a 1 billion euro grant regime targetted at encouraging property owners to make their properties more environmentally friendly.

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Seller's Packs - Help Market your Mallorca Property

Could Sellers packs (background information about a property) assist the marketing and sale of a property? In an article from Inversiones Novi SL Director, David Novi, he considers why sellers should get their paperwork in order prior to marketing their property.

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Spanish & Mallorca Mortgage Rates Fall

The October Euribor rate (main interest rate used in Spain to calculate mortgage repayment rates) fell for the first time in over two years following the ECB's decision to keep rates on hold.

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Mallorca Property Affordability

New statistics from the Bank of Spain show that purchasers of property during the first trimester of 2008 allocated on average 37.1% of their gross annual income to make the acquisition, 2.3% more than the same period last year and the highest since 1995.... More »

International Monetary Fund Claims Spanish Property to be 20% Overvalued

A report from the International Monetary Fund (IMF) claims that residential property prices in Spain are between 15 and 20% over valued.... More »

New Build Prices Continue to Rise in Spain

The price of new build property in Palma rose by 4.6% in 2007, a little below the national average of 5.1%. The value per m2 ended 2007 at 2,478€ compared to a national average (for regional capital cities) of 2,905€. ... More »

Energy Efficiency Grants

Earlier this month Spain's Prime Minister, Jose Luis Rodriguez Zapatero, anounced plans for a 1 billion euro grant regime targetted at encouraging property owners to make their properties more environmentally friendly.... More »

Seller's Packs - Help Market your Mallorca Property

Could Sellers packs (background information about a property) assist the marketing and sale of a property? In an article from Inversiones Novi SL Director, David Novi, he considers why sellers should get their paperwork in order prior to marketing their property. ... More »