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YOUNG people could get the opportunity to fix up some of the abandoned homes in the Upper Town and revive Gibraltar’s heritage, a housing activist has said. Henry Pinna of Action for Housing believes ‘neglected’ areas in the old town still have a part to play in the Rock’s future. He is mainly referring to...

ANDALUCIA is bucking the downward trend in the Spanish housing market as property prices continue to soar on Spain’s south coast. The southern region witnessed a 4.6% increase compared to the previous year, with asking prices rising by a searing 8.5%. Notably, the demand in prime locations like Marbella and Sotogrande remained robust, with asking...

WITH the data in hand it looks like the Spanish housing market enjoyed a soft landing in 2023 after a remarkable mini-boom that followed in the wake of the pandemic. There are no obvious reasons to see why the market might lurch up or down in 2024, with it more likely to track sideways at...

EVER fancied living like a king? Now’s your chance as an impressive 19th century castle has just gone up for sale in Spain. The French chateau-style home, located in Girona, Catalunya, is an official Cultural Asset of National Interest and was built in 1894. Available on Idealista, the sweeping €3.49m property boasts 19 bedrooms, 17...

MORTGAGES are set to become less of a burden for millions of families this year, the Bank of Spain has said.  Governor Pablo Hernandez de Cos said on Thursday that the European Central Bank (ECB) is set to reduce interest rates – unless there is an unexpected shock.  This, he said, will have a particularly...

BUYING property can be inaccessible for many, with the financial burden of putting down a deposit too heavy for some would-be-buyers to bear.   However, thanks to a new mortgage scheme enacted by the Spanish government last year, legal residents of Spain – no matter where they are from – will soon be able to apply...

THREE British nationals and three Spaniards went on trial on Monday over a €17.3 million real estate scam involving UK citizens buying property in La Manga de Mar Menor. The case is being heard at the Murcia Provincial Court in Cartagena. The Prosecutor’s Office wants each defendant jailed for five years and to pay a...

A NEW study from Idealista has revealed how suburban towns in Spain are seeing higher rental demand than large cities, indicating a shifting housing market as renters seek cheaper options outside increasingly expensive urban centres.  Idealista – the biggest online property portal in Spain – gauges rental pressure by looking at the number of email...

AS Andalucia’s unique ‘Semana Blanca’ half term holiday looms, schoolchildren across the Costa del Sol will be dusting off their skis and stocking up on warm layers ready for a trip to the slopes. Be it nearby Sierra Nevada or – if they’re really lucky – Baqueira or the Alps, why let the kids have...

GIBRALTAR’S crackdown on empty government flats is already yielding results, its minister for housing has said. Minister Pat Orfila launched a hotline recently that has brought to her attention a total of seven empty public flats around Gibraltar. Two of these flats are now in the final stages of repossession, after the Housing Department said...