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A NEW hotline will allow people in Gibraltar to report ‘empty or abandoned’ governmental rental flats to its housing department. The move is part of what Minister for Housing Pat Orfila called ‘no-nonsense approach to getting the job done of helping people’ in a government statement. Orfila said she was ‘determined’ to solve the problem...

THE Vietnamese investor at the heart of some of the largest construction projects in Gibraltar’s history picked up awards at the 2023 Bank of the Year awards with Gibraltar ministers. TNG Global Foundation founder Tuan Tran insisted on having Chief Minister Fabian Picardo and Financial Services Minister Nigel Feetham at the event. The businessman got...

ALMOST half of Andalucia homeowners looking to sell their properties expect to be able to sell them in less than three months- despite the reality that on average in Spain it takes five months to seal a deal. The 44% regional figure comes from the Tiko property portal- a company founded in 2017 that uses...

AS SPAIN’S real estate sector continues to contract for domestic buyers due to higher interest rates, foreign purchasers are getting a higher percentage share of the property market. According to figures from the Property Registrars for the period between April and June 2023, non-Spanish residents represented 14.94% of all home purchases in the country- one...

HIGH interest rates are continuing to reduce the number of new home mortgages, with a 29.6% annual fall in September. Figures released on Tuesday from the National Institute of Statistics showed 31,054 loans were granted two months ago as interest rates averaged 3.26%. The figures are compared to 2022, which was a boom year, and...

A BRITISH retiree has transformed a rundown farm house in southern Spain into a stunning two-bedroom home. Michelle Garrod, 58, bought the centuries’ old building in Fornes, Granada, for just €45,000. The former Lloyds financial adviser, from Bristol but based on the Isle of Man, spent around the same on construction works over the past...

FOREIGN home property buyers accounted for 21% of Spanish sales in the first half of 2023, according to the College of Registrars. Although the foreign sales fell by 7.5% in the first half of the year to 67,983 transactions, the drop was far higher for Spaniards after higher interest rates. British buyers dominated the foreign...

PROPERTY SALES in Spain fell for the eighth consecutive month in September with a 23.7% drop compared to a year earlier. It’s the biggest reduction since June 2020 when Spain was just coming out of the State of Alarm due to the Covid pandemic. 44,086 home deals were completed in September, the lowest for that...

THE average house price in Benahavís has skyrocketed to over two million euros, making it the most expensive city in the country. It outstrips even the luxury market in Marbella, which holds the third position nationally with an average property value of €1.54 million. Idealista reports that Benahavís now leads its ranking of residential markets...

WITH over  four decades of experience, Armarios de Valencia knows a thing or two about how to store your clobber or clutter. The wardrobe specialist, based on the Costa Blanca, specializes in customizing to your exact needs. Offering wardrobes of literally any kind, they can guarantee you will get the wardrobe you always wanted. Fitting...