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Spanish Property Magazine: December 2010

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Tuesday, December 14, 2010. December 2010 TINSA index. The December Tinsa Spanish property price index report estimates that prices are falling at an inter annual rate of 3.6%. This is the 36th consecutive month that TINSA have opined that residential property in Spain has fallen in value, with the Balearic Isles and the Mediterranean coast falling by the highest margins. The market analytsts, Fitch, have estimated that the down turn in prices will continue throughout 2011. The TINSA index is based on th...

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Spanish Property Magazine: TINSA July 2011

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Wednesday, October 19, 2011. Some more optimistic commentators have been suggesting since the start of the house price crash, that the end is nigh. The end of the crash that is. These soothsayers of blue horizons perpetually churn out articles proclaiming they have second guessed the market and now is the time to buy. The latest figures compiled by TINSA suggest nothing of the sort. Download the July 2011 TINSA. Subscribe to: Post Comments (Atom). House to rent, Torrevieja. View my complete profile.

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Spanish Property Magazine: November 2010

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Tuesday, November 30, 2010. European Enforcement Order - "Costa Nightmare". The infantile news jocks at the mail on Sunday, ran a piece about Spanish Property predictably entitled, "Costa Nightmare" - yawn. The story about how, Banco de Sabadell, a Spanish bank obtained a European Enforcement Order to recoup monies owed to them. In 2004, an English couple, the Chatterton's signed a contract to purchase an apartment in Duquesa, on the Costa del Sol. Wiltshire MEP Ashley Fox (Conservative) is reported to h...

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Spanish Property Magazine: TINSA November 2011 Spanish Property prices continue to dive, sharply.

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Tuesday, December 13, 2011. TINSA November 2011 Spanish Property prices continue to dive, sharply. The valuation index TINSA fell at an inter-annual rate of 8%. The decline is accelerating and the graph is now starting to look like a classic price crash. During the property crash in Japan in the 1990's property prices fell 90% from peak. That now seems possible in Spain. The underlying reasons for the drop in price continue to force prices down:. Loan availability is in decline. House to rent, Torrevieja.

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Spanish Property Magazine: January 2011

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Thursday, January 27, 2011. Spanish court rules that repossession cancels debt. A court in Pamplona. In the North of Spain ruled that reposession of the a debtor's property cleared the debt owed. Previously a mortage debtor, whose property was reposessed and subsequently sold for less than the debt, continued to owe the remainer. The bank, BBVA, sued the borrower to reclaim 28,129 euros of debt outstanding on a 71,225 Euro mortage after respossessing the property and then selling it for for 42,895 euros.

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Spanish Property Magazine: August 2010

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Monday, August 23, 2010. I am writing this with a runny nose and a bad cough. It's August, middle of Summer, and the gods are heaping their love on Britain in the form of liquid sunshine. My washing is on the line and if it soaks up much more water it might just snap the cord and fall in the mud. Joy! My girlfriend, who lives in Torrevieja. The ever optimistic people of old Britannia assure me that because winter was so cold this year we were in for a scorcher this summer. I remember the soothsayers ...

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Spanish Property Magazine: April 2011

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Tuesday, April 12, 2011. Unsurprisingly the TINSA index. Of the Spanish property market indicates that prices are continuing to fall. Prices have now been falling for continually and consistently for over 3 years and most analysts expect prices to continue to fall throughout 2011. TINSA suggest that prices are falling at an interannual rate of -3.7% overall:. The breakdown is as follows:. Provincial Capitals and large cities -4.6%. Metropolitan areas -5.3%. Mediterranean coast -5.7. Many of the propertie...

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Spanish Property Magazine: October 2011

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Wednesday, October 19, 2011. With Spain posting falling employment figures, and the fear of another recession on Spain's already beleaguered property market is diving fast. They continued advice of this blogger is to rent unless you can find a real bargain. Spanish Property prices are declining at a faster rate than they were ayear ago. The government has announced that they will be launching another Spanish Property Roadshow. Their last effort was dismal and attracted. When will prices stabilize? In an ...