Press Releases and Media Information for Kyero.com

Kyero.com is the first dedicated Spanish property portal to join the Association of International Property Professionals

The AIPP is a new trade association which has been set up to guide and regulate the international property industry, with the intention of setting standards and protecting consumers.

Kyero.com is the leading web site for connecting buyers and sellers of Spanish property, featuring almost 75,000 properties throughout Spain from over 400 independent agents.

Kyero.com is a privately owned company with offices in southern Spain. Its web site consists of the largest single collection of properties and estate agents in Spain, with over 200,000 unique visitors every month. The company is not affiliated with any promoter, property developer or estate agent and receives no commission on property sales or rentals.

To assist people when researching the Spanish property market, Kyero.com contains current and useful data about Spanish property on their website. Their distinctive position as an impartial resource means that they are uniquely positioned to provide price trend information for different types of Spanish property and to highlight up-and-coming towns throughout Spain.

Joining the AIPP was a logical step for Kyero.com. As Martin Dell, Managing Director commented, “Since its inception in 2003, Kyero.com has differentiated itself by de-mystifying the property market in Spain and presenting factual, useful information to those interested in purchasing or renting there. We joined the AIPP as an additional way of demonstrating our belief in and our commitment to a straightforward and worry-free property market in Spain.”

“Professional standards have to be promoted in this market as the consumer needs to know who can help and who is likely to hinder their property purchase overseas” said Paul Owen, Chief Executive of the AIPP. The Association of International Property Professionals has been set up to help the consumer in choosing where to spend their money safely and to give the professionals in this industry a united voice. We welcome Kyero.com as an Associate Member of the Association and look forward to their valuable input in the improvement of this sector.”

Find out where your dream Spanish home really is with Kyero.com's new mapping feature

If you are looking to buy a property in Spain be it as a holiday home or investment, then you will know that it's all about location, location, location.

When researching a particular property, if you have not visited the local area in person then it can sometimes be difficult to know what it offers; for example how far is the nearest airport, the beach or school, is the property accessible by main roads etc?

A new feature on www.kyero.com, the largest English language Spanish property portal, allows you not only to locate the town or village a property is situate in but also key services in the surrounding area such as airports or schools. In addition to a visual map visitors are given approximate driving distances and even directions.

Martin Dell, MD of www.kyero.com, comments, 'We felt it was important to introduce this new mapping feature, powered by Google Maps, so that potential buyers know exactly where they are buying. Not all buyers may be familiar with a certain region or area and often just go on other people's estimation of the location. Now people can see in detail if the location is right for them before committing to a purchase.'

Every single property listed on www.kyero.com, including those on the Balearic and Canary Islands, is mapped in this way so to find out where your casa really is visit www.kyero.com.

Despite recent fears over a slump in the Spanish stock market and ongoing battles with the Spanish authorities regards 'land grab' legislation, the popular province of Alicante in eastern Spain has seen a 9% rise in property prices since January 2007 according to the largest English language Spanish property portal Kyero.com.

The average price of a property in Alicante province now stands at €250,000 (£170,583), equalling the Spanish national average. Average property prices have been rising steadily since the beginning of the year from €229,000 in Jan 07, to €230,000 in Feb 07, €234,000 in Mar 07, €240,000 in Apr 07 and €250,000 in May 07. Compared with the national average property price increase of 2% in the same period it is clear that demand is and will remain high in Alicante province.

Martin Dell, MD of Kyero.com, comments, '20% of all foreign property sales in Spain were located in Alicante in 2006 and I see no reason why this should reduce in 2007*. Spain is becoming a buyers market again and for many investors and second home buyers Alicante ticks all the right boxes.'

Alicante, in the southern part of the Valencian Community, bordered by the provinces of Murcia on the southwest, Albacete on the west, Valencia on the north and the Mediterranean Sea on the east, has long been a favorite with north European second home owners. Of the 1,732,389 inhabitants, at least 350,000, over 20% are foreign with the British, German, Belgian, Norwegian and French all calling it home.

And it's not hard to see why with 320 days of sunshine per year, over 150 miles of coastline, the rugged inland Alicante mountains, areas of natural interest such as the RAMSAR sites of saline wetlands and marshlands in Santa Pola and Torrevieja or the costal dunes in the Guardamar area, local wine production, an international airport welcoming over 8,893,749 passengers in 2006 with direct budget flights to the UK and Ireland and over 15 18-hole championship and celebrity endorsed golf courses within 2 hours drive of Alicante city.

The most popular properties sought in this province are 3 bedroom villas averaging at €288,400 in price. Despite the provinces' €250,000 average property price there are still areas offering buyers property bargains. Towns such as Algorfa, north west of Torrevieja offer average property prices of €201,600, 19% below province average; Benidorm on the coast north of Alicante town, at €218,500, 13% below province average or Guardamar del Segura on the coast north of Torrevieja at €195,000, 22% below.

1 bedroom properties in Alicante province average at €119,000
2 bedroom properties in Alicante province average at €180,000
3 bedroom properties in Alicante province average at €288,400
4 bedroom properties in Alicante province average at €394,750
5 bedroom properties in Alicante province average at €472,500

Source: Kyero.com Spanish House Price Index May '07