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Understanding what is happening with international exchange rates is an essential part of buying or selling a property in Spain. With many international buyers it is vital to know how these movements can affect the process, let’s take a quick look at what has been happening this week in the markets The British Pound has …
Nestled amidst the breathtaking landscapes of Andalusia, the province of Granada is a treasure trove of history, culture, and natural beauty. Its magnetic charm has not only captivated tourists but has also drawn the attention of property seekers looking to invest in the diverse real estate market of the entire province. In this blog post, …
The Current State of the Housing Market in Granada Province, Spain Read More »
GBP: The British Pound saw a volatile week of trade and opens this morning’s session relatively flat as chaos amongst US and European banks led to readjustments of bets on further monetary tightening from all central banks. In fact, UK stock futures point to a weaker opening than other European markets as investors and traders see …
Andalucía Day: Celebrating the Cultural and Historical Richness of Southern Spain Andalucía Day, also known as Día de Andalucía, is an important holiday celebrated in the southern region of Spain every year on February 28th. The day marks the anniversary of the approval of the Andalucían Statute of Autonomy in 1980, which granted the region …
This week’s Currency news – Let’s take a quick look at what is happening in the international markets this week and how that might affect the local property market. GBP: Sterling was a middling performer among major currencies last week as recent economic data suggests that the Bank of England may become slightly less aggressive when …
Rental prices in Spain are due to to increase by over 6% in 2023 In recent years, Spain has witnessed a significant increase in rental prices. However, the situation is about to get worse, as landlords are leaving the rental market. This trend is mainly due to concerns about okupas (unauthorised occupiers) and the new …
Rental prices in Spain are set to see huge increases. Read More »
There have certainly been some ups and down in the currency exchange world at the start of 2023. These fluctuations can have a big impact if you are buying or selling a property here in Spain. here we take a little more in-depth look at what is affecting the most common currencies for buyers and …
The property industry has also been impacted by the large rise in inflation that was experienced in 2022. Rental prices, especially in large cities in particular have seen significantly increased rental prices, often substantially above the CPI. In reality, until recently, the CPI served as the foundation for price updates. However, new restrictions were applied …
The world’s top central banks are set to wrap up 2022 with hefty rate hikes as their battle against inflation continues. With expectations for a half-point hike from the Federal Reserve at Wednesday’s meeting already baked in, investors will instead be focusing on indications of how high rates may ultimately rise. Meanwhile, the Bank of …
This week’s Currency Exchange News 12th December 2022 Read More »
Hola and welcome to this month’s market report for the Property Market in your local area As normal we will have a quick look at the facts the figures the latest news affecting the market, and what’s the sentiment in the market for the rest of the year. Let’s start off with the figures for …