Tuesday 15 June 2010

Continued Improvement in Spanish Home Sales

The National Institute of Statistics in Spain (Instituto Nacional de Estadística) has announced that the sale of Spainish homes increased by 17.6% during the month of April compared to the same month last year, a total of 34,326 operations, of which 49.7% were new-home transactions, and 50.3% on resale properties.

This is the fourth consecutive month that we have seen a rebound in sales transactions, following the 9% increase in March. Following two years of declining homes-sales, the first ascent took place last January, up 2.1%. Of the 34,326 residential sales transactions recorded in April, 89.3% were on free housing and 10.7% of social housing.

The sale of previously owned homes rose in April at 26.6% annual rate, up to 17 263 transactions, and new homes rose 9.8%, with 17 063 operations in the fourth month of the year.

Monday 7 June 2010

Bonalba 5 bed Villa



Only just listed this villa located right in the centre of the Bonalba Golf Resort - this will be priced to sell very quickly so contact me at barry@ultimatehomes-spain.com for more information and viewing.

Alicante Museum of Modern Art - Museo Arte Contemporáneo de Alicante

MACA is the abbreviation given to Alicante´s Museum of Modern Art which was opened last week.

In the centre of the city the seventeenth century La Asegurada Palace has been refurbished and it was here that the opening ceremony took place.

There are almost 5000 square metres of space,distributed across four exhibition halls,a library and 200 people capacity auditorium.

Two of the exhibition halls are displaying work by the Alicante artists Eusebio Sempere and Juana Frances.

The third hall has twentieth century artists and the fourth hall will be home to temporary exhibitions.Artists of the twentieth century include Spanish artists and many other foreign sculptors and painters.They include Picasso,Dali,Chillida,Millares,Joan Miro,Kandinsky,Chagall and Vasarely.

This project has taken 6 years to complete and it has cost 11 million euros.The regional president Francisco camps was present at the opening ceremony plus Alicante´s mayor and the Provincial President.

For an exact location of the museum see it on Google Maps here

Thursday 3 June 2010

Benidorm Sierra Cortina Villa de Provenza I, 4

Super villa priced to sell - 360.000 Euros

Spanish Unemployment - official figures down two months running

Spain’s unemployment figures fell for the second straight month in May according to official figures released Wednesday.

Registered unemployed in Spain was at 4.06 million in Spain at the end of May, 76,223 less than in April, when the unemployment figure fell by 24,188 said the Ministry of Labour.

“There is no doubt that this is positive news, especially bearing in mind the situation that the economy is currently traversing,” said Spain’s General Secretary for Employment, Maravillas Rojo.

May is generally a positive month for employment in Spain, considering the tourist season starts to get going.

The Spanish government has plans to overhaul the labour-market laws by the end of June in an attempt to bring down the number of unemployed. Proposals include cutting severance pay to 33 days per year worked, down from the current 45 years, for people on permanent contracts.

Other changes include boosting permanent contracts, in a country where 25 per cent of workers are on temporary contracts.

Should no agreement be reach, the government plans to impose the new reform by decree, something which could lead to general strike, says UGT trade union confederation leader Candido Mendez.

Tinsa €/m2