One of Spain´s largest property groups, Sacresa, said Monday it has filed for protection from its creditors faced with debts of 1.8 billion euros (2.2 billion dollars).
Spanish media said it was the third largest such filing in the real estate sector, which collapsed in 2008 after a decade-long boom, following those of Martinsa and Habitat.
Sacresa, [...]

Clydesdale and Yorkshire Banks have launched a new addition to their property service for those looking to buy a home in Spain.
The banks have joined with Caja Mediterraneo (CAM Bank) to offer UK buyers the opportunity to rent a property in Spain before buying it, with the added benefit that rent can be discounted from [...]

Scottish actor Sean Connery, 79, and his wife Micheline have been summoned for questioning by a Spanish court in connection with a money-laundering case, judicial sources said Friday.
Connery is one of nearly 30 people indicted in the case involving urban planning in the holiday resort of Marbella.
The judicial sources did not reveal details about the [...]

A group of 10 British property owners is taking legal action against the developer of a golf and country club in Spain over breach of contract.
They are demanding the money back from their investment in the Corvera Golf and Country Club in Murcia as luxury facilities are not being delivered on time. They also claim [...]

Spain´s Housing Ministry reported Monday that increasing numbers of people aged between 22 and 30 years old are leaving their family residences to live on their own.
The Ministry said that 196,989 youngsters received the Basic Emancipation Rent (RBE) in 2009, twice as many as in 2008.
The RBE is a monthly grant of 210 Euros per [...]

Home prices in Britain, Spain, France and Germany rose marginally in the fourth quarter of 2009 compared with the third, the Financial Times reported, citing its own Eurozone index.
In the year as a whole, however, home prices in Britain, France and Spain fell more than 7 percent and those in Germany were down 1.8 percent, [...]

Spanish MEPs have joined counterparts in criticising the treatment of expats who face having homes in Spain bulldozed under coastal protection law.
Rules introduced in 1988 left coastal properties liable to demolition and thousands of British and other European owners stripped of property rights.
MEPs say homeowners have been given no legal redress or compensation. They have [...]

Britons who face seeing their Spanish homes demolished are to be visited by Foreign Office minister Chris Bryant.
Spanish authorities are attempting to reclaim the country´s coastline by bulldozing some of the developments that resulted from tourism´s growth.
To cash in on lucrative immigrants, some councils allegedly granted illegal planning permission, now being revoked.
Mr Bryant will advise [...]