Stunning House in Andratx, Mallorca, by architect Alberto Rubio

18 January, 2017 by

This impressive villa is located in Andratx, Mallorca (Balearic Islands), and it was designed by the architect Alberto Rubio. The design resembles a seagull when flying and it is part of his project ‘the bird houses’.

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Spain shattered its own tourism record in 2016

16 January, 2017 by

Spain has shattered its own tourism record for the seventh year in a row: 75.3 million foreign visitors made their way to the country in 2016. That’s 7.2 million more than in 2015, for a rise of 9.9%, according to early figures from Spain’s Energy and Tourism Ministry.

Visitors to Spain in 2016 shelled out a total of €77 billion, up 8.3% from 2015 figures, while average per capita spending was €1,023 for a more modest rise of 3.75%. The average daily amount spent by visitors was €138, some 6.5% higher than a year earlier.

The lion’s share of foreign visitors to Spain came from the UK, France, and Germany. A total of 16.9 million Brits made their way to Spain last year, 12.3% more than a year earlier, evidencing that Brexit is not denting visitor numbers at all.

In terms of the most popular regions for tourists, Catalonia took the top spot, receiving 17 million visitors from January to November, or 3.8% more than in 2015. The Balearic Islands welcomed 12.9 million visitors and the Canary Islands came third in the rankings with 12 million visitors.
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For Sale: Terraced house in the heart of Barcelona city

13 January, 2017 by

Gràcia neighbourhood in Barcelona city, 5 floors, 589 m2, plot: 212 m2, 6 bedrooms, 4 bathrooms, swimming-pool

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A Home in Ourense, Galicia, by PLP Atelier

11 January, 2017 by

From the architect. The house is organized according to its vains and to the light it can get. The ‘livable’ rooms in which most activities are carried out are placed towards the exterior, while towards the inner courtyard we have placed the other rooms.

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Millions of home owners in line for payouts over bank loan abuse

9 January, 2017 by

Up to 50,000 people in Malaga province, and possibly millions across Spain, could be in line for a large refund from lenders on their mortgage payments after a surprise EU ruling. This includes many foreign owners with mortgages in Spain and analysts said that payouts could reach four billion euros.

The European Court of Justice (ECJ) in Luxembourg ruled that Spanish banks that had loaned money to homebuyers on variable interest rates were breaking European law when they refused to pass on the savings from the dramatic fall in interest rates after 2009 by enforcing the so-called ‘cláusulas suelo’, (floor clauses), that prevented mortgage rates falling below a fixed percentage amount.

The ECJ judgement means that many banks will have to return the money to mortgage holders for the whole period overpayments were made and not just from May 2013, which was the date the Spanish supreme court originally fixed for the refunds to be made from.
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For Sale: Brand New Home in Orihuela Costa, Alicante

5 January, 2017 by

Orihuela Costa (Alicante), brand new, 112 m2, 3 bedrooms, 2 bathrooms, swimming-pool, gardens, €181,000

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Contemporary Home in Barcelona by Francesc Rifé Studio

4 January, 2017 by

This contemporary three-storey home is located in Barcelona and it was designed in 2015 by Francesc Rifé Studio.

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British developers lead the revival of Costa del Sol’s property sector despite the Brexit

3 January, 2017 by

The United Kingdom’s decision to leave the European Union in June has not discouraged London-based property developers from investing in Spain. Among the companies looking to establish a presence along the Mediterranean are Round Hill Capital, which has chosen the Costa del Sol as its launch pad into Spain.

The group, set up by Michael Bickford, has opened offices in Madrid, where it is also looking to buy property, along with Barcelona and the western part of Malaga’s coastline. It has paid €30 million for a 50-hectare plot of land in Ojén, close to Marbella, from Sareb, the entity set up by the government in 2012 to absorb the toxic assets of the country’s banks. It intends to build 600 luxury apartments there. Palo Alto will be the first major property development in the area since 2008, when the country’s real estate sector crashed.

With a total investment of €250 million, Palo Alto is planned in 10 phases, with work on 75 properties to begin early in the New Year. Ojén’s local council has approved construction and other permits in less than two months.
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For Sale: Outstanding Villa in Marbella, Málaga

30 December, 2016 by

Marbella (Málaga), Detached, 550 m2, Plot: 1,500 m2, 5 bedrooms, 4 bathrooms

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The Best Architecture of the Year

29 December, 2016 by

These are the most captivating projects of the year according to architectural site Archdaily:

January: Gerês House, in Vieira do Minho (Portugal), by Carvalho Araújo

Photo: Hugo Carvalho Araújo
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