Good news for the property market in the Canaries

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Falling interest a boost for mortgage holders

Falling interest rates in Spain were welcome news for many – we hope this will encourage new buyers in the country, and also represents a considerable saving each month for those living in Spanish countries who got a mortgage last year. The Euribor, an index used to calculate interest rates for the majority of mortgages in Spain, finished February with a historical low of 0.25%, translating to an annual saving of around €156 on repayments for people who took out their mortgage a year ago.

Ten Top Tips for Buying Property on Fuerteventura

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If you’ve fallen in love with Fuerteventura and are thinking about buying property on the island, either as a holiday home or permanent residence, it’s so important to do as much research as possible on everything to do with buying property here. The team at SpainBuyingGuide.com has been working with property buyers in the Canaries, on the Spanish mainland and the Balearics to find and secure their dream property for over ten years. Here are our top tips for a successful purchase.

Building regulations on Fuerte

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Are you thinking of buying a plot and building your own dream home on the island of Fuerteventura? What a wonderful project to undertake in the New Year and one that will no doubt bring a lot of happiness to your life! As long as you are aware of the regulations in place and use reputable property professionals, all should go well. To assist you, here are a few things that you will need to bear in mind to ensure a smooth and successful completion.

Spain top of the list for British expats

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A number of conditions have come together to make Spain the ultimate choice for British homebuyers in 2015. Bargain Spanish properties, a renaissance of the Spanish property and construction markets, and a strengthening sterling have helped to grow interest in investment in Spain throughout 2014 and the start of 2015, according to the latest Quarterly Index figures by SpainBuyingGuide.com, which puts Spain firmly in first position as the most popular country in which to buy property with a 27% year-on-year increase in enquiries.