Last week was one of the most volatile weeks in the financial markets in living memory. As the geopolitical news worsened and sanctions increased on Russia, risk sentiment and financial instruments gyrated wildly. Over the week, unsurprisingly, due to it being seen as a safe haven currency, the dollar appreciated against nearly all of its […]
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In the early days of the mortgage, interest rates were pretty high (sometimes up to 15% or 20%), and the loans would often culminate with a “balloon payment,” similar in size to today’s downpayment. This made paying off a mortgage an even more momentous occasion, and homeowners would celebrate by throwing a big party and […]
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Hello everyone and welcome to this month’s market report for the property market in Lecrin Valley Orgiva and Lanjaron, as usual, we’ll have a look at the facts, figures and statistics around the property market in these locations and also look at the wider property news. There have been some quite interesting developments this month […]
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Risk sentiment gradually worsened last week, and as it did, the dollar became more attractive to investors leading it to close broadly higher on Friday. Sterling also had a good week, ignoring the trials and tribulations that Boris Johnson is undergoing instead focusing on the ending of Plan B Covid restrictions. Markets are becoming increasingly […]
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As we approach the end of 2021 we take a quick look back at the top 5 most viewed properties from the last year in Orgiva and Lanjaron. It will probably not come as any surprise that the top 5 are dominated by Cotijos and Fincas this year, with a huge surge in demand for […]
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This weeks currency exchange news Last week contained no less than 30 central bank meetings and certainly ended with some surprises. The largest was probably from the Bank of England as they raised the base rate to .25%, having shunned the opportunity last month The continuing rise in inflation appears to have unsettled central banks, […]
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What has been happening in the property market locally across Orgiva, Lanjaron, The Alpujarra and Lecrin Valley? We will have a look at the facts and figures across the local markets and then we can look at some interesting numbers affecting this. Then we can take a look forward to what the rest of the […]
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🏆🏆The Most Trusted Property Agency in Andalusia. 🏆🏆 A very big thank you to all of our clients who placed their trust in us this year and have contributed to this award. We are so grateful to our amazing team of people who have worked so hard this year under very peculiar and often difficult […]
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Currency Exchange News November 2021. Market sentiment got hit for six last Friday as worries over the Omicron variant of Covid surfaced. As London is a major world travel hub, the UK is particularly vulnerable to this new variant, and traders fear that the economy would also suffer from further disruptions. The UK Government was […]
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Built to fail – How Spain is dealing with built in obsolescence? With Germany becoming the first European country to deal with “built in obsolescence” head on, other European countries are starting to make some progress, Spain has already dipped it’s “toe in the water” What does “built in obsolescence” mean, well basically, it is […]
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