This data is part of the Land Registry Statistics and the Centre of Statistical Processes of the Land, Mercantile and Chattel Registrars Association of Spain.

The report issued by the Centre of Statistical Processes infers that this increase was caused by the IRPF (Income Tax) modifications to be enforced in 2011.

This could be the cause behind the high amount of sale transactions before the end of 2010, which was registered during the first months of 2011.

In the Region of Valencia alone, 15,356 transactions were registered: 6,653 took place in Alicante province, 6,625 in Valencia and 2,078 in Castellón. The province of Alicante is, in fact, the third province in Spain with the highest amount of registered transactions, only behind Madrid and Barcelona. All three provinces have increased the amount of transactions during the 1st quarter of 2011.

To read the full report, visit the website of the Registrars Association. Go to “Estadística Registral Inmobiliaria primer trimestre 2011”. The report is in Spanish.

• The work may begin this fall and the hotel, a reality in 2013.
• The Bay Hotel Phoenicia have 200 rooms and all the luxuries.
• A group which manages resorts in 23 countries developing.

We identified a luxury 5-star hotel, but as in the sky, more stars. Seven stars in the hotel, ‘resort’ say its advocates, that is to start building this fall in Almuñécar, Granada. Be the first 7-star hotel in Spain.
The chain based in Singapore, Banyan Tree Holdings is behind the project that will jump-start in late 2011 and can be a reality in just under three years. The intention is that the Bay Phoenicia hotel to open its doors in the fall of 2013 on the coast of Almuñécar.

Banyan Tree Holdings, which manages resorts in 23 countries, has developed a hotel with 200 rooms and all the luxuries. The initial budget is 230 million euros.

After meeting in recent days with officials of the City of Almuñécar, the representative of the group promoting the future 7 star hotel, managed by the operator Banyan Tree, John Horsted, has been very satisfied because “is becoming a spectacular project” .

“There are many technical issues that need to summarize and discuss to ensure that all one hundred percent compliance with the rules,” he explained Horsted. The development project will be approved next week. We are making very good progress and that is very good for All. ”

As field surveys, the promoters claim to be quiet: “We do not have the final report, but according to experts there is no problem because the ground is firm and solid.”

Bahía Almuñécar Phoenicia will create about 600 direct jobs, and more importantly, will the town of Granada on the world map in the map of leisure and relaxation of large fortunes.

The January decline is almost double that recorded in December (-22.8%).

It is the largest decline in the last twelve months.

Production in the construction sector in the euro countries fell 4.5% in January over the same month last year, a decline that was led by Spain, down 43.2%. These are data from the EU statistical office, Eurostat, which indicate that the decline of this sector in the first month of the year (-43.2%) almost double that recorded in December (-22.8%) and is the largest the last twelve months.

After Spain, the largest inter-building collapses were recorded in Slovenia (17.1%) and Bulgaria (12.4%), while the most significant increases occurred in Germany (55.4%), Poland (11, 1%) and Sweden (10.0%), among the thirteen states for which data are available. In the whole EU, the decline in the construction of January in the previous year was 1.2%

Compared with last December, production increased by 1.8% in the partners of the euro and 1.0% in member countries. Eurostat does not publish this month the monthly data for Spain.

The sector contracted, with and without euro

The statistical office building recalls that in the countries of the euro shrank by 2.0% in December the partners in the euro and 3.5% across the EU. In annual terms, that month the decrease was 14.0% and 9.5% respectively.

By sector, the biggest drop was recorded in the year of civil works, which fell by 12.5% in the euro area and 9.8% in the EU, although in per month increased by 8.0% and 4.7%, respectively.

Building construction registered a decrease of 3.1% in the partners of the single currency and an increase of 0.2% in the twenty-seven, while comparing with the previous month, showed increases of 1.1% and 2.6%, respectively.

In January from the previous month, the countries with the sharpest declines were the United Kingdom (9.4%), Romania (6.4%) and Poland (3.1%), while the other end, Germany ( 36.3%), France (7.9%) and Slovenia (3.8%).

The increase was observed in up to 29 provinces in total.
According to the College Registrar in 2010 there were 445,885 operations.
Lower the optimism and remember the influence of tax changes in 2010.

Existing home sales rose 5.9% in 2010 over the previous year, with 491,000 operations, a figure that breaks the downward trend experienced over the past three years, according to a report today by the Ministry of Development.
The sales momentum in 2010 was marked by the increase in VAT (from 7 to 8%) from July and by the disappearance of the tax credit for purchase of residence for income exceeding 24,000 euros at the end year.

Only in the fourth quarter, there were 150,268 property transactions, an increase of 14.2% over the same period last year.

Despite the crisis or because the brick crisis comes to an end, the truth is that home sales rose 5.38% in 2010 over the previous year, up to 445,885 operations. And broke the downward trend started in 2006, when it reached its highest levels. These are data from the latest “Real Estate Registration Statistics’ Schools that make the Registrar.

Also, many of the coastal provinces, particularly affected by the downward cycle, continue to recover the number of purchases, such as Tarragona (18.11%), Baleares (17.77%), Valencia (17.40%) , Guipúzcoa (13.99%) and Gerona (12.24%).
In addition, during the fourth quarter, used home purchases accounted for 51.55% of the total, which surpassed for the first time in ten quarters relative to new housing, with a total of 48.45%, which 42.2 percentage points accounted for private housing.

On the other hand, the average mortgage debt per household in the fourth quarter stood at 118,255 euros, 5.6% less in the previous quarter.

Savings banks retook the lead in market share of new mortgages granted in the last quarter, with 47.1% of the total, ahead of banks (41.6%), which was the group with greater relative in the previous quarter. The group of other financial institutions again exceeded 10%, reaching 11.22%.

The trend was gradual approximation of market shares between the two major groups of financial institutions, banks and, as seen in the inter-annual results, with 46.54% for cases and 43.44% for banks

• The cumulative drop in the last twelve months is 5.2%
• In the main Spanish cities falls above the average of Spain.
• The square meter second-hand housing is at 2,240 euros.

In the main Spanish cities of over 500,000 housing price declines recorded above average in Spain.

Barcelona is the case, where the price of housing in the last month has been devalued by 1.6%, to € 3,990 / m2. In Valencia the monthly fall recorded has been 1.2% and the average price stood at € 2,139 / m2.

For its part, Madrid and Zaragoza have been lowering the price of housing by 1.0% in February, bringing the square meter of housing in € 3,465 / m2 in Madrid and € 2,587 / m2 in Zaragoza.

According to data from February fotocasa.es of the 47 capitals of provinces analyzed in Spain, during the last month has seen a decline in price in 68% (32 stocks), price increases in 26 % (12 funds) and there have been no changes in the remaining 6% (3 cities).

Of the 32 provincial capitals where housing prices dropped in February include Toledo, Ourense and Barcelona, being the most they have done with -3.1%, -2.5% and -1.6% respectively.

In the case of the 12 stocks that have seen growing average house price in February include Guadalajara and Palencia, both with growth of 1.1%. While cities have kept their prices unchanged Santander, Zamora, and Cuenca with € 2,867 / m2, 1,831 € / m2 and € 1,844 / m2, respectively.

Toledo, the province where more price drops In February 64% of the 50 provinces analyzed recorded declines in average house price in its monthly variation. Of the provinces that have seen prices fall highlights Toledo, to be where most down to 1.7%.

In 32% of the provinces the price rises in the last month, among which are Tenerife and Cantabria, with increases of 1.4% and 1.3% respectively. While in the remaining 4%, the price remains unchanged. In particular these are the Balearic and Zamora provinces.

Housing price drop in twelve autonomous regions In the analysis of housing prices by atonomous regions The only autonomous region that keeps the price of housing is stable with a
value Baleares of 2,325 € / m2. The rest registered declines ranging from 0.2% of the Comunitat Valenciana, the Autonomous Community where the price of the home less drops to 1.1% of the Community of Madrid, which recorded the biggest drop.

Sold monthly variation shows that Cantabria, Canarias, La Rioja and Murcia are the only communities in which housing price rises in the last month, specifically a 1.3%, 0.8%, 0.5% and 0.3% respectively.

The average price of second-hand homes for rent in Spain stood at 8.01 euros per square meter per month (€ / m2 per month), representing a decrease of -0.6% on the price of December (8.05 € / m2 per month). Are data for the month of January fotocasa.es property portal. Since registering the maximum value of the rent in Spain (10,12 € / m2 per month in May 2007) prices have fallen by 20.9%.

Despite the price decline nationwide in major Spanish cities over 150,000 inhabitants, rental housing is starting to pick up. This is the case of Madrid, Barcelona, Valencia and Seville.

Specifically, in the capital Madrid the price of rental housing grows 0.3% in January, bringing incomes € 11.83 / m2 per month. In the case of Barcelona city, the price is stable at € 12.66 / m2 per month. The same happens in Seville, where the rental price has stabilized at € 8.59 / m2 per month. In Valencia, housing for rent goes up 0.9% in January and puts the price at € 6.89 / m2 per month.

According to data from January in terms of monthly variation, half of the Spanish provinces are experiencing increases in the price of rental housing after months of steady decline.

Thus, of the 50 provinces studied, the rent goes up or stays in 25 of them (50%) and falls into the other half.

The main increases in the rental price is included in Badajoz (1.6%), Palencia (1.2%) and Soria (1.1%), lie the provinces where the rental price drops more are Las Palmas ( -2.7%), Álava (-1.4%) and Huesca (-1.1%).

Nine communities fall and eight up

In January, in terms of monthly variation, eight regions are growing or keep the price stable compared to the previous month. This is Extremadura (1.3%), Asturias (0.5%), Basque Country (0.4%), Cantabria (0.4%), Galicia (0.1%), Castilla y León (0, 1%), Comunidad Valenciana (0.0%) and Castilla-La Mancha (0.0%).

The remaining nine communities recorded decreases in the average price of housing for rent ranging from -0.1% of the Community of Madrid, the least has fallen to -1.6% collected in the Canary Islands, the community that sees drop the rental price.

The fact that in big cities the price is stabilizing shows that the rent is now a good escape for those who have difficulty obtaining financing for the purchase. ”

Spanish Prime Minister Jose Luis Rodriguez Zapatero’s moves to overhaul banks while changing rules on labor, pension and wages may do more to stem the debt crisis than European plans to reinforce its bailout fund. Zapatero’s cabinet plans to pass new rules for job seekers today, two weeks after approving a draft bill to raise the pension age.

By the end of the month it will pass a decree to bolster lenders’ capital and in March aims to loosen collective- bargaining rules to make it easier for Spanish firms to compete. Spain, emerging from almost two years of recession, is trying to convince investors it can shore up its struggling savings banks without overburdening state finances and having to follow Ireland in seeking a European Union bailout.

The gap between Spanish and German borrowing costs is more than 10 times the average in the first decade of monetary union, even after easing by a third since Ireland’s rescue in November.

“The working assumption of more and more analysts in Europe is that Spain will be able to pull through on its own,” said Gilles Moec, co-chief economist at Deutsche Bank AG in London. “A lot of that has to do with what they’ve been doing; there’s a lot of market talk about Zapatero’s epiphany.”

• It says a report from the Institute of Economic Studies in Alicante.
  
• The ‘stock’ of housing in the province of Alicante reaches 50,000.
  
• At the current pace of activity in 2014 did not meet the need of real estate.

The political and economic situation in countries bordering the Mediterranean, particularly Egypt, Tunisia and Greece, will result in increased demand for homes in the Costa Blanca, according to a report from the Institute of Economic Studies for the Province of Alicante (INECA).

The study notes that the province of Alicante has a stock of 50,000 unsold homes, which has meant that in 2010 only began the construction of 2,900 new homes, when several years ago (before the crisis), this figure reached at 48,000. INECA has considered the report supports the construction sector should return to reprise the role in economic activity because we have to meet the housing needs for demographic reasons. The report notes that housing needs are not only demanded by the domestic population growth but also by foreign demand.

This demand, says INECA, “come diverted by political and economic living our competitor countries, such as Greece, Tunisia and Egypt” and “in fact, are already living in the province’s tourism sector , which has begun to rebound.”

The organization warned that if he keeps pace with current industry activity in 2014 will be unable to meet the needs of property that will be generated for the above reasons demographic and building new homes, an imbalance that could already be felt in mid- 2012.

Arguments to build more

INECA’s study reveals that the accumulated housing needs since 2009 amount to about 125,940 units, while the industry will market, including the “stock” today and since that year, no more than 85,000.

According to the report, now already sold more than double the new homes of that began, “a situation known in underdeveloped countries, but unthinkable in countries like Spain.” La paralización en el inicio de nuevas promociones es casi total ya que en 2010 se iniciaron casi la mitad de las viviendas que en los peores años de la crisis de 1990.

The US giant’s first European theme park is to be built at Alhama de Murcia in Mazarron and is expected to attract up to three million tourists each year when it is completed.

The first phase covering 3.5 million square meters is expected to cost up to €60 million. Later phases will have hotels, services and commercial areas.

It won’t have an immediate impact but in the long term it will boost the region, according to Chris Mercer, director of Murcia based estate agents, Mercers.

‘Our excitement is palpable not only for the global media spotlight but also the employment and affect on the property market. During construction phase, which realistically has to be three years plus, there will not be any momentous shift in house prices, especially as Spain as a whole continues to undergo a tough correction process,’ he said.

‘However I also think it’s fairly safe to say that prices will not fall further in this area and for those waiting on the sidelines, my advice is simply to not wait any longer. Prices will inevitably start to rise as this project gets off the ground and, rather like those fortunate enough to purchase holiday rental property close to Florida’s Disney World,’ he explained.

The area has excellent motorway connections and access to two international airports with Murcia San Javier 45 minutes away and Alicante an hour and 15 minutes away. A third even closer international airport at Corvera is due to open in 2011 and a high speed rail link to Madrid is due to open in 2014. Murcia spent €750 million in the past two years to boost infrastructure and lure visitors.

The park could boost equity and rental potential by at least 25% as house owners living around America’s Disney resorts have discovered.

It is a winning combination for property investors, according to Ben Walker, property manager at brokers Property in Spain. ‘We expect local property prices to recover quicker and more strongly on the back of this added rental potential. Gains of 25% are likely during the construction years and perhaps even more as the theme park opens and expands,’ he said.

Whilst Paramount Pictures will not be taking part as an investor in the project, they will give access to intellectual property from a vast library of films and provide branding, conceptual master planning and design for the project. The Company is responsible for many hundreds of household name films such as Grease, Crocodile Dundee, Wayne’s World, Forrest Gump, Mission Impossible, Star Trek, Lara Croft, Shrek and Transformers.

Mercers is the only multi award-winning and longest established English estate agent in the area and therefore the undisputed expert. The company specialises in low to medium priced properties in Murcia, in particular within the Golf Resort of Camposol, Mazarron, where two bedroom terraced homes are priced from as little as €50,000.

• The biggest drop is on the Mediterranean coast, with a drop of 8.4%.
• In capitals and major cities, prices have fallen by 6.5%.

Falling house prices is more pronounced in the beginning of 2011. The average house price fell 5% in January compared to the same month of 2010. The index says Real Estate Appraisals (Tinsa), which stands at 19.6% cumulative fall in prices from their highs.The appraiser notes that after the removal of tax deductions from last December 31, 2011 starting with an increase in the “reset” price “to accommodate the new rules the market.” According Tinsa, the end of deductions (which only remain in the Basque Country, Navarra, Madrid and to a lesser extent-Valencia) generated a “reactivation atypical” of prices in the latter part of 2010.

8% of the coast to 6% of cities

All areas showed price declines in January. The largest drop year it scored the Mediterranean coast in January showed a decrease of 8.4% from 6.8% the previous month, and prices stood at 2004 values. Following the coast stood capitals and major cities, where prices fell 6.5% annual rate, compared to 5% the previous month.

Below the annual average decline (5%) decreased housing prices in metropolitan areas, with a drop of 4.1%, similar to December, followed by the Balearic and Canary Islands, where prices fell 3.4% (-2.4% in December). The rest of the municipalities not included in previous groups accelerated their decline to 2.7%.

Falls 20% from the highs of 2007

As for the cumulative declines from peak values, the Mediterranean coast reached a new record in January, down 27.2%.
Here stood the metropolitan areas, which recorded declines of 21.2%, followed by the capitals and major cities, with 20.9%. With lower ski runs, closed the Balearic and Canary list, with 17.5% and the other municipalities, with 15.9%.