Brits are still ahead of the Eurozone pack when it comes to purchasing a property in Spain, accounting for around 17% of property transactions in 2014, according to latest data from the College of Registrars. The Pound to Euro exchange rate is incredibly strong at the moment, reaching the highest levels seen since 2008. The… Read more »
Monthly Archives:: February 2015
Spanish Mortgage Loans are on the Up as Property Market Recovers
January 2015 has been a bumper month for borrowing money from banks since the start of the economic crash in 2007, says industry experts. Spanish banks are lending again, mortgage rates are the lowest they have been for some time and consumer confidence is returning to the once troubled market; indicating that now really is… Read more »
Spain Sees the Biggest Increase in Construction in EU
Production in the construction sector in Spain increased by 15.9% in November 2014- the largest increase in any EU country, according to the EU Statistical Office, Eurostat. Sweden registered a 12.5% rise and Hungary 8.8%, whilst other countries suffered a steep decline with Portugal down by 5.7% and Italy 7.9%.