Property for sale in Spain - Costa del Sol & Costa Blanca
This Modern South facing apartment in a stunning urbanisation in the most beautiful tropical gardens is Esteponas best kept secret! This luxury modern apartment has been furnished and decorated to a high standard and is ready to walk into and start living the dream.
Beachfront development, next to the prestigious development Costalita. 2 Bed 2 Bath Andalucian style apartment with steps leading up to front door. The apartment has a large terrace overlooking the well kept gardens and pool area.
Penthouse 2 bedrooms, 2 bathrooms with over 133 m2 of terrace and amazing views of the Coast, Sea, Golf and Mountains. Located in this lovely Dvelopment of Miraflores Hills.
Spacious 2 bedroom apartments with open terrace. It features a private underground parking space.
Spacious 1 bedroom Penthouse apartment with open terrace. Overlooking the sea. Security service with controlled access that guarantees privacy for neighbours.
Rarely does a corner apartment of this quality, in this area, at such a good price come to the market. Sea and golf and mountain views, full 180 degree views huge living space that has been totally renovated with new floors electrics and plastering.
A Wonderful property just a short stroll to this lovely beach. This two bedroomed apartment is large and spacious with an open plan lounge/dining room with a great terrace facing south so you have great views of the pool, garden and the sea with sun all day long.
Luxury townhouses built in an Andalucian style development with two communal swimming pools, a children’s playground, paddle court and a beautiful fountain reminiscent of the famous fountains of the Alhambra in Granada.
REDUCED by up to 45% BEACH SIDE DEVELOPMENT OF 1 bed 2 bed and 3 bed Apartments WITH RENTAL GUARANTEE
A rare opportunity to buy a brand new luxury apartment in the heart of Marbella. This beautiful development of 1, 2 or 3 bedroom apartments is situated at the beach side of the Golden Mile.
We have been thinking about you. For this reason we are now launching LA RESERVA DE LOS NARANJOS, a new development situated in Naranjos de Marbella Estate.
Miraval is a new complex situated in La Cala Resort in Mijas Valley, an exclusive Mijas golf and leisure complex, with three golf courses of 18 holes, hotel and spa 4 star and 24 hour security.
The apartment is raised ground level and overlooks a large pool from a very big terrace.
This two bedroomed apartment is large and spacious with an open plan lounge/dining room with a great terrace facing south so you have great views of the pool,
Stunning Duplex South facing penthouse is just 4 minutes walk to the beach located between Puerto Banus and Estepona.
Nothing is more rewarding than the success of findingDreamlife Property is a recognizable real estate company in Spain with high ambitions to make a real impact in changing the level of professionalism in Spanish real estate and adding quality into all aspects of property services. Our ongoing commitment is to provide the very best real estate service in the full range of products and services we offer, as well as keeping a very high standard of client care and customer service.
the perfect property for the client.
Brits seeking the sun are buying once again
BRITISH property buyers attracted by the warm, sunny climate and bargain deals are returning in numbers to purchase Spanish properties. In 2014, Spain witnessed a 19.3 per cent increase in the number of residential properties sold to foreign buyers – accounting for almost one out of every five houses sold – and British interest in the Spanish market is once again on the rise.
Thanks to a favourable exchange rate and familiarity with the country, Brits purchased 5,014 homes in Spain in 2014, 1,053 more than they bought the previous year.
According to the National Statistics Institute in Spain (INE), home sales rose by 2.2 per cent in 2014, indicating that 2015 could be another good year for the once-beleaguered Spanish property sector following the crash in 2008. Domestic demand is also on the up thanks in part to easier access to financing from the banks for Spanish buyers.
Published in Euro Weekly News, March 2015
COSTA GEARS UP TO BREAK MORE RECORDS
AFTER a record number of visitors last year, Costa del Sol tourism got off to a flying start in 2015, with this year looking even better.
The latest figures from the National Statistics Institute (INE) show the number of hotel visitors in January, with Malaga Province registering a 10 per cent increase compared to the same month in 2014, with a total of 199,246 visits.
Elias Bendodo, head of the Costa del Sol tourism board, said that this was the third highest amount ever registered in January and the increase was higher than in both Andalucia (9.6 per cent) and Spain as a whole (7.5 per cent). Of the total, 25,736 visitors chose to stay in Marbella, the town seeing a huge 30.14 per cent increase on January 2014.
Tourism councilor Jose Luis Hernandez made the announcement that, while 8,624 of the visitors to Marbella was Spanish, 17,112 came from abroad. More hopeful signs ca me from hotel employment figures with a total of 7,322 people working at hotels within the province, 447 more than in January 2014.
Published in Euro Weekly News, March 2015
More mortgage options available in Spain now
More mortgage options available in Spain now
A number of Spanish banks are offering ‘American-style’ mortgages in an effort to convince potential homebuyers to change their habits.
According to property portal kyero.com, some banks in Spain are now offering fixed rate mortgages with repay-ment periods of up to 30 years as a result of the recent signs of recovery and a way of introducing change in a country where 90 per cent of the mortgages in force have variable interest rates.
In January, Banco Sabadell began marketing a mortgage with a 3.95 per cent fixed interest rate over a period of 30 years, while Caixa Bank is offering mortgages with fixed interest rates of 2.5 per cent and 3 per cent over 10 years. According to Banco Sabadell’s director of retail banking, Albert Figueras: “With low interest rates and long-term loans, the expectations are that the Euribor will rise again in the future.” He added that a “fixed rate now benefits both the customer and the bank.”
The website outlines that since 2008, the index of reference for most variable rate Spanish mortgages -the one year Euribor -has fallen from 5 per cent to 0.3 per cent. As a result, banks have lost much of the income obtained from the 13.8 million mortgages that were authorized during the real estate boom. Thirty-year mortgages are common in the US but the majority of Europeans choose variable interest rate loans or shorter fixed rate loans. Some other Spanish banks are reducing their variable mortgage interest rates in order to attract customers.
Published February 2015, Euro Weekly News
Borrowers are back
Year ahead looks good for lending writes mortgage expert Tancrede de Pola in the first of a monthly series in Euro Weekly News.
After seven years in the dark, the property market is finally awakening. Banks are lending again, mortgage rates are down and borrowers can at last see the light at the end of the tunnel. As the old adage goes: The time to act is now!”
This January has – without a doubt – been the best January for borrowing since the economic crisis hit Spain in 2007. Long may that continue. I predict that 2015 will be a much stronger year for both lenders and borrowers.
With a stabilizing property market and mortgage rates as low as 2.1%, the opportunity to borrow in Spain has not looked this good for a long time.
Spain’s mortgage rates are now inline with the UK and France, between 2.1% and 3.5%. Compare that to this time last year when rates were as high as 5.5% – it’s clear to see things are moving in an encouraging direction. And the banks are at last looking to clients that would have previously been considered ‘unsafe’ or ‘risky’ to lend to, such as self-employed investors and non-Europeans.
This is not to say that they are now taking risks. They are taking as little risk as they were last year, or the year before that with conservative loan-to-value mortgages. This is due to a recovering economy and – even more importantly – a more stable property market.
A more stable property market leads to greater mortgage lending which leads to higher house prices, which leads to an even more stable property market, creating a virtuous circle.
So, things are definitely looking up. Roll on the rest of the year!
Published in Olive Press February 2015
Malaga is provincial capital with highest rise in property prices
Property Valuation Company Tinsa has highlighted the rise in Malaga property prices against the continuing fall in other cities in Spain
The latest announcement from Tinsa, based on the 200 000 valuations of old and new properties carried out by the company in 2014 reflects the different speeds with which the property market is moving in Spain.
In spite of the fact that property prices began to stabilize just over a year ago there are still areas with significant rises and others with substantial drops. Malaga city is in the former group while the province of Malaga is in the latter.
Malaga was the provincial capital with the highest rise in property prices, 4.7 per cent – in the last quarter of 2014 as compared with the same period in 2013. It is worth taking into account, however, that prices in Malaga city have fallen 47.7 per cent from their highest levels. Only five other provincial capitals have registered higher property prices – Melilla, Placentia, Palma in Mallorca, Barcelona and Burgos.
Malaga province has not fared so well. Property prices in the area fell by 2.9 per cent, according to Tinsa, though this is lower than the Andalusia and national averages, 5.6 per cent and 4.5 per cent respectively. Seven Spanish provinces had year on year falls in property prices of over 10 per cent.
Published in SUR in English 30-01-15. NURIA TRIGUERO MALAGA.