Mallorca Property News

Please see below for all our News regarding the Mallorca and Spanish property markets. You may also easily sign up to receive our Mallorca Mortgage Newsletters by registering here.

Mallorca Property Market Blog

David Novi, founding Partner of Novi Property Mallorca, is pleased to announce the launch of the "Mallorca Property Market Blog" - http://mallorcapropertymarket.wordpress.com/ a news, views and opinion forum for everything relating to the Mallorca Property market.

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Spanish Property update - Interest & Exchange Rates

The international financial back drop for the Spanish and Mallorca property markets remained largely unchanged over the last month although the expected long term trends for exchange and interest rates appear to have been established despite ongoing uncertainty across the globe.

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Best Mallorca Re-Mortgage Deal - Nil Cost Mortgage Transfer in Mallorca

The Mallorca Mortgage Business is offering a real crisis breaking re-mortgage deal delivering immediate reductions in monthly repayments, a very low interest rate throughout the term of the loan and all at no cost to the client.

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Mortgages in Mallorca - Bank Repossessions

A recent article in the Spanish daily ‘El Mundo’ highlighted the increasing lengths Spanish mortgage lenders are going to avoid repossessing properties and being left holding a portfolio of assets of diminishing value.

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Mallorca Mortgages - The Euribor Good News Story!

In line with our earlier reports, the Euribor, main reference rate for Mallorca and Spanish mortgages, fell to 2.1% last month from 2.62% in January. This fall puts the Euribor at it's lowest level since June 2005, and almost 50% lower than year ago, when it stood at 4.349%.

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Mallorca Property Values vs Asking Prices

Never has there been such a disparity between property prices and values in Mallorca and, associated with this, such disparity in the asking prices of individual yet similar properties.

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