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Stats for July show 2.8% price increase on Spain’s Med coast

Properties on the Costa Blanca in Spain

Tinsa statistics for July have revealed a 2.8% year-on-year increase in prices for July 2015 on the Spanish Mediterranean Coast. The company’s indexed data recorded a rise from 1320 in 2014 to 1356 in 2015 and the increase breaks a run of seven consecutive years of price decreases recorded for July, the most extreme of […]

Important changes made to legislation on bank guarantees for off-plan payments

Oasis Hill Campoamor quads 91 - 92 - 93 - 94_CONTRIMAR_07.04.2015

The Spanish Parliament have changed regulations relating to off-plan payments on properties which have important implications for off-plan buyers. The new bill on Spanish insurance regulations substitutes Law 57/1968 and also modifies parts of Law 38/1999. Law 57/1968 is what has up to now given buyers protection on off-plan payments. at least theoretically. The new […]

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