Archive for May, 2008

Buoyant Holiday Market Drives Demand for Lanzarote Property - Homesgofast.com

Sunday, May 25th, 2008

Buoyant Holiday Market Drives Demand for Lanzarote Property - Homesgofast.com

Buoyant Holiday Market Drives Demand for Lanzarote Property
Homesgofast.com, UK - May 7, 2008
These figures certainly provide enjoyable reading for owners of holiday rental property in Lanzarote – as private villas and apartments have been amongst

Spanish Property Buyers Find Friends When They‘Peek at Spain’
(PRWEB) February 23, 2005 — Those buying http://www.peek-at-spain.com [Spanish property] find safe friends in Peek at Spain. Located in Spain, Peek at Spain is a British company that sells…

Parfect Home From Home - Glasgow Sunday Mail

Parfect Home From Home
Glasgow Sunday Mail, UK - May 10, 2008
We really feel like we’ve got a home from home in Spain.” The Whites are selling their fullly-furnished duplex apartment at Ciudad Quesada for £197400.

Designing your own villa in Spain – Where do you start? - Easier (press release)


Easier (press release)
Designing your own villa in Spain – Where do you start?
Easier (press release), UK - May 7, 2008
This is what Spanish property specialist Casas de Lorca is offering to clients. At a time when the market is flooded with compact apartments and houses

Spanish Property “Land Grab” - The Facts

Saturday, May 24th, 2008

Spanish Property “Land Grab” - The Facts
(PRWEB) May 4, 2005 — There has been a great deal of publicity recently regarding the“land grab” issue of Spanish property. It is one of the most common questions from new clients of…

The 2007 SpainREi.com Property Awards Commend Outstanding Spanish Property Sites

Friday, May 23rd, 2008

The 2007 SpainREi.com Property Awards Commend Outstanding Spanish Property Sites

Spain Holiday Rentals and a New Online Guide to the Spanish Costa del Azahar
Peñiscola, Castellon, Spain (PRWEB) August 25, 2006 — The new web site http://www.azaharholidays.com specialises exclusively in the region of the Costa del Azahar in Spain and offers a…

Palazzo Westwood Village by Casden Properties Brings New Vibrancy … - Earthtimes (press release)


Earthtimes (press release)
Palazzo Westwood Village by Casden Properties Brings New Vibrancy
Earthtimes (press release), UK - Apr 29, 2008
The Alhambra, the famous Moorish palace in Granada, Spain, is the inspiration for Palazzo Westwood’s gardens and fountains. Each courtyard has its own

Want to buy a home in Spain?
(PRWEB) February 4, 2005 — Spain the Easy Way have offices in the north of England and southern Spain. They also have agents all over England, and are growing fast. Spanish-Property.ws (the Spain…

Spain enforces coastal-property law - MiamiHerald.com

Spain enforces coastal-property law
MiamiHerald.com, FL - May 12, 2008
People from all over Europe have invested hard-earned savings in coastal villas and apartments. Now a government drive to clean up Spain’s concrete-filled

SpainDirect4U Expand their Costa Blanca Portfolio
(PRWEB) April 22, 2007 — SpainDirect4U have launched the addition of two new developments, located around Guardamar and Elda, to their substantial Spanish property portfolio. SpainDirect4U…

Spain enforces coastal-property law

Thursday, May 22nd, 2008

It’s been the dream of millions — a home by the sea in sunny Spain. People from all over Europe have invested hard-earned savings in coastal villas and apartments.

Now a government drive to clean up Spain’s concrete-filled coastline after decades of abuse may wash away many of those dreams like castles of sand.

Enforcing a much-neglected 1988 law, the Socialist government is getting tough about what constitutes coastal public domain — the strip of land stretching back from the water’s edge — and telling thousands of house and apartment owners their properties do not really belong to them.

”Out of the blue we’ve been told the house we have owned for more than 30 years is no longer ours,” said retired British electronics engineer Clifford Carter, 59, who lives with his Spanish wife in La Casbah, a beachside complex in eastern Spain.

BUILT LEGALLY

”The house was built legally, but now they say we can only live here until we die but can’t sell the house or leave it to our children,” said Carter.

The fears of losing coastal villas come as Spain’s real estate market is turning sour, a situation tied by some to the international banking crisis and its parent, the U.S. subprime mortgage scandal. While the troubles of Spain’s overgrown coast are not directly tied to the banking crisis, both have involved shady business practices that often wind up in the lap of individual homeowners.

Along the Spanish coast, a protest group formed in January says it already represents 20,000 people. It notes that up to half a million others — apartment and villa owners and restaurant and hotel proprietors — could be affected. Most are Spaniards, but many are foreigners.

”This is the single biggest assault on private property we have seen in the recent history of Spain,” said José Ortega, a spokesman for the group and lawyer for many of those affected.

60-YEAR CONCESSIONS

He says that at best, owners are given 60-year concessions to live on the property or operate their businesses. Others, he says, are threatened with demolition.

The government says the claims are exaggerated but insists the coast has to be saved.

”We’re taking the law seriously,” said the Environment Ministry’s coastal department director, José Fernández. “Previous governments didn’t think it was important, while we have made it a priority.”

The government is finishing the process of drawing the line that designates what is state-owned and cannot contain private property along Spain’s 6,200 miles of coast.

It plans to spend some $8 billion to fix the coast. Some of the money will go to homeowners who, under the 1988 law, cannot sell to another private party but can sell to the state.

Many people are suddenly finding they’re on the wrong side of the dividing line. Ortega’s group alleges the government is drawing it selectively, targeting individuals but shying away from tourist resorts.

Tags: spain, property