Rents are rising and prices are falling, so yields are improving for landlords. Average rental prices rose by 1% in July compared to last year, show the latest figures from the National Institute of Statistics (INE). This is surprising given the glut of property for sale and rent on the market. Over 6 months annualised [...]

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Flat for sale for 127,000 Euros in Barcelona Gothic Quarter, asking price reduced by 24% (see details at Idealista.com) The supply in Barcelona and Madrid of properties for sale under 200,000 Euros has exploded in the last year as vendors drop their prices, reveals new research from Spanish property portal Idealista.com. Over 12 months to [...]

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In yet another sign of continued weakness in the Spanish property market, the number of property appraisals carried out last year fell 4%, according to a new report from the Bank of Spain. But whilst the number of appraisals fell by just 4%, property values contained in those appraisals fell by an average of 17%. [...]

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The Spanish government is asking as many as 8,000 young adults to return their means-tested housing benefits after they were paid by mistake. The Ministry of Housing has sent a letter to 8,000 recipients of housing benefits for the young (RBE) ordering them to return the money received after the Spanish Treasury discovered they earned [...]

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The town council of Marbella has slashed the fine that developers will have to pay for legalising homes they built in contravention of planning permission, bringing the end of Marbella’s town planning chaos a step closer. So long as the developers responsible for building some 16,500 illegal properties in Marbella compensate the town hall for [...]

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[x80] The United States director is presenting his new film and supporting a tourism campaign for Asturias

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[x80] Albert Vilalta and ROque Pascual have spent 9 months in captivity in Mauritania

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[x80] Two other people suffered slight injuries in the accident at the Cortijo Blanco Hotel in San Pedro Alc

[x80] The two men, who were about to end their tour of duty, were shot by their chauffeur during a class to instruct Afghan police

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[x80] The private ceremony took place in Marbella on Tuesday

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[x80] James Tomkins has been on the run for four years

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[x80] Carme Chac

[x80] The heat wave across Spain caused by a mass of hot air from Africa, has seen record temperatures in many parts of the country.

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[x80] The Briton, who was arrested in Marbella on Wednesday, has accepted extradition to the U.K.

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[x80] The 27 year old Moroccan has been living in the area for seven years and is named as Faical Errai

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