Spain to invest billions in rail, road projects

In an interesting move, the Spanish government has stated that there will be further investments in Spain’s road and railway infrastructure. The article was posted on the Business Week website(link below). I think this is worth mentioning on a property related blog, as better communicated regions should lead in time to a positive increase in property prices and a general betterment of the Spanish economy.

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Britons return to sun, sea, sand and Spain

They became a symbol of the global housing market crash, unsold, half-built, lining the Mediterranean like skeletal relics of a bygone, more prosperous age.

But villas and apartments on the Spanish Costas are suddenly hot property again as Britain’s second-home buyers rediscover the attractions of life in southern Spain.
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The Spanish property bust is dead, long live the recovery

The bust is dead, the Spanish property market’s recovery has begun! That’s how some leading daily papers like El Pais are interpreting the latest figures from the National Institute of Statistics (INE) showing the market grew ever so slightly in January. Well, I wouldn’t try to claim a vigorous recovery is underway, but there’s no denying the market appears to have found a floor, which is an improvement on the 2 years plus of monthly declines we had before.
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Spanish property market relapse in October

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Vendors who sold between '97 & '06 can claim

I have just read an interesting article by ELS (legal firm based in Fuengirola) discussing how the changes in Spain’s capital gains tax law might allow EU vendors to reclaim part of the 35% they (unjustly) paid to the Spanish government. I wrote about this tax rebate, earlier in the year, but ELS have written a far more detailed and explanatory explanation.
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Spanish property recovery is underway and prices will start to rise by 10pc per year says expert

I recently read an interesting interview with Mikel Echavarren, head of Irea, a Spanish real estate consultancy, talking about the state of the real estate sector in Spain. As an experienced professional in touch with many different companies in the sector it is worth listening to what he has to say. Here is a selection of comments from his Q&A with Idealista News, the news section of the property portal Idealista

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Why Spain is not Florida

We publish this piece knowing full well how incredibly stupid one looks when his off-centre analysis proves erroneous, and how unscathed totally faulty predictions come out of the fracas as long as they are accompanied by many others of their ilk. We don’t care.
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