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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October 2021 Property Market Report for Orgiva Property, Lanjaron Property and Lecrin Valley Property Hello and welcome to this month’s property market report for Órgiva, Lanjarón, The Lecrin Valley and the Alpujarra. Last month in Orgiva, there were a total of 103 properties advertised for sale however there are only actually 90 properties available because […]
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Currency exchange rates and news for 25th October The Bank of England has been unusually verbose recently, with both Andrew Bailey and Huw Pill talking openly about their fears over rising inflation’s levels over the winter months. The markets have taken them at the word, and a move upwards in the UK’s Base rate is […]
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Last week was, to borrow a phrase from football, a game of two halves. The first half was dominated by the price movements in the gas and oil markets and the Conservative Party conference, the second half by speculation over the latest US employment data. The volatility in the gas markets has been extraordinary and […]
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Last week was dominated by the strength of the US dollar, which took sterling down to nearly three cents off September’s highest level, with the euro also giving up a similar amount. Flows into the dollar were encouraged by the rise in yields on US treasuries and its safe-haven appeal as equity markets came under […]
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For much of last week, sterling played second fiddle to the dollar as it bobbled in a relatively tight trading range. This was hardly surprising ahead of what promises to be the busiest trading period since summer ended with both the Federal Reserve and the Bank of England meeting. Sterling ended the week on the […]
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A real-life story about how to sell my house in Spain Cortijo Del Camino – Real Life Success Stories – The one that didn’t exist! Statistics Property Enquiries – 49 Virtual viewings – 2 Live viewings – 7 Time from sale to offer – 48 hours What do you do when you own a property […]
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Last week the markets were overshadowed by the events unfolding in Kabul and across Afghanistan. With chaos seemingly engulfing the country, investors turned tail from riskier assets and sought the safe haven of the dollar. This change in sentiment pushed sterling down almost 1.5% whilst the euro to its lowest level for nearly a year. […]
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Why is electricity in Spain more expensive than ever? The recent hike in electricity prices in Spain now make it one of the most expensive in the EU. What is causing the recent increases and how can you save money on your electric bill? How it happened? Over the year or so, electricity prices in […]
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Cortijo Milagro – Success Story – The one without a pool! This week’s success story is about a beautiful property that one agent said would not sell for this price because it “did not have a pool” and did not want to help !! This left the sellers very upset as they had a very […]
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