Thursday, October 05, 2006

Valencia property market rising

For those of you who like facts and figures then here are some to ponder – according to Aidico (Spain’s construction institute) the second trimester of 2005 saw property price rises of 17% for new builds and 11% for re-sales in Valencia. They go on to say that while Valencia has shown the largest property price increases in Spain it still remains comparatively low regionally.
On 12th September the Ministry of Housing published a report on their plans for state aid up to the year 2008. Anybody who has any kind of physical disability and would benefit from the installation of ramps or hearing aid devices etc. in their home can apply to the ministry of housing for a grant. This also extends to those who are over 65 years of age and have mobility problems. To qualify, the property must be your primary residence, you must also be resident in Spain, and the property must not be put up for rental.

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