1Casa News from Spain - No. 16
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Málaga carnival celebrations will take place in the city over the next 2 weeks.
The semi-finals of the singing competition take place between Sunday 6th and Wednesday 9th February in the Cervantes Theatre. There is a children´s gala on 10th February in the Cervantes Theatre.
There will be a carnival parade on Sunday 13th February from 6pm. Events will then move to the Alameda Principal from Thursday 17th February.
Brits Queue for Spanish Villas
Michael Clarke, This is Money, 3 February 2005
Britons looking for a home in the sun are buying larger properties fuelled by a surge in equity released from their own homes in the UK. The Norwich and Peterborough Building Society said increasing numbers of investors buying in Spain are opting for a detached villa rather than a humble apartment.
The company claimed the proportion of villas purchased rose from 7% to 22% during 2004. Conversely, the proportion of apartments bought dropped 7% to just below half of the total. A large rise in UK house prices, which have doubled to around £160,000 in the past five years according to lender Halifax, has been the catalyst. Brits have been able to release more cash from their homes by selling up and moving abroad or by simply remortgaging.
The image of Spain as a sun-baked retirement home is also disappearing, according to N&P. Only 14% of those who bought a property there were over 61, with a third of properties bought by those in the 41 to 50 age range.
N&P general manager for customer services Stephen Penlington said: 'Buying in Spain is still growing in popularity and this could be a reflection of the rise in UK house prices which has helped many people afford to buy overseas by releasing equity.'
However, the slowdown in UK prices during 2004 appears to have filtered through to Spain. The Royal Institution of Chartered Surveyors found Spanish prices rose by 15% in 2004 against 17% the previous year.
Recent research from Mintel found Spain is still the most popular second home destination and the value of new homes purchased is set to nearly double from £12bn today to £21bn in 2009.
Some 177,000 English households now own a second property abroad according to Rics and it expects that number to rise as people see better investment opportunities abroad and low-cost airlines reduce travel times.
Liam Bailey, head of residential research at estate agent Knight Frank, said: 'Particularly in the sun-belt regions, there is no doubt that foreign purchasers have pushed prices higher in France and Spain.'
POWER to the People!
Have you ever been delayed because of a flight delay? Many of us have, soon, Airlines will have to pay millions of pounds to passengers for flight delays and cancellations under a European regulation coming into force from February 17.
You will be able to demand compensation of up to £416 if a flight of more than 3,500km is cancelled or overbooked. Cancelled flights of up to 1,500km will mean £173 compensation and up to £277 for flights up to 3,500km. You will also be entitled to free meals, drinks and two free phone calls during long delays. Better yet, the airline will have to provide stranded passengers with a hotel room if the delay continues overnight.
Help has to be provided even when the delay is caused by a problem outside the airline’s control, such as severe weather. This new regulation applies to all airlines departing from airports in EU member states. Any airline that fails to comply with the regulation on flights departing from Britain will be liable for fines of up to £5,000 per passenger. Passengers must complain first to the airline and then contact the Air Transport Users Council if their claim is not resolved. If the Council cannot make everyone happy, the Civil Aviation Authority can prosecute the airline.
What you should do if your flight is affected:
First, if your flight is cancelled, overbooked or subject to a long delay, ask any representative of the airline for written details of your rights.
You can also find them here http://europa.eu.int/comm/transport/air/rights/index_en.htm
Complain as quickly as possible to the airline, if it fails to offer you the compensation or assistance specified in the regulation
If the airline continues to deny you your new rights, you can complain to the Air Transport Users Council, either by calling +44 (0) 20 7240 6061 or writing to 45-59 Kingsway, London, WC2B 6TE
The council will negotiate with the airline on your behalf. If the airline still refuses to comply with the regulation, the council can refer the matter to the Civil Aviation Authority.
If you are entitled to compensation, the airline must pay it within seven days. AS is the norm in these situations it may try to offer you vouchers but can only pay compensation in this way with your signed agreement.
Affordable Townhouse just 30 Minutes from Málaga Airport http://www.1casa.com/country_details-print.asp?refno=KPT4068
Málaga C.F. - Zaragoza 1 Málaga 0
Málaga lost by one goal and had 2 men sent off. The team are at home to Mallorca this Sunday; kick-off is at 17.00 hours.
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