developments
Rents rising in Spain amid calls for rental controls
esidential rental prices are rising in most Spanish cities with the growth led by Barcelona, Madrid and Palma de Mallorca but some areas are seeing rents fall. Average rents in Barcelona have now increased from €892 a month in 2012 to €1,478, a rise of 65.7% while in Palma de Mallorca they are up 40% […] The post Rents rising in Spain amid calls for rental controls appeared first on PropertyWire . Continue reading →
Research reveals extent of gazumping in UK property market
Buyers in London are the most ruthless in the UK with new research showing they are three time more likely to indulge in gazumping than the national average. Gazumping, where a buyers puts in a last minute bid for a property once the seller has already accepted another one, is often a feature of a […] The post Research reveals extent of gazumping in UK property market appeared first on PropertyWire . Continue reading →
Stamp duty impacts Hong Kong property market with sales down almost 50%
The decision to raise stamp duty rates to 15% for all but local first time buyers in early November has led to a slowdown in sales in Hong Kong. Residential sales fell by 47.3% month on month in December 2016 across all price ranges as the tax change combined with the holiday season to dampen […] The post Stamp duty impacts Hong Kong property market with sales down almost 50% appeared first on PropertyWire . Continue reading →