Beautiful home on three levels renovated and decorated to a very high standard.
Arranged around a light filled patio, the house is laid out as follows: ...continue reading "For sale: 3 bedroom house in Granada city with views over the Alhambra"
Estate for sale in Álora (Málaga province). House: 207 sqm, plot: 6,496 sqm, 5 bedrooms, 2 bathrooms, swimming-pool, gardens
...continue reading "Looking for a tranquil life in the country? Don’t miss these gorgeous Andalusian estates"
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.
...continue reading "British developers lead the revival of Costa del Sol’s property sector despite the Brexit"
The Costa del Sol is still the number one choice in Andalucía by a long way when it comes to attracting foreign property buyers.
Between January and July this year, there were 4,978 registered real estate transactions to non-Spanish purchasers in Malaga province, an increase of 16.9% on the same period in 2015.
According to official Spanish government data, this accounts for 70% of the residential properties sold to foreigners throughout the whole of Andalucía.
On a regional level, the number of properties bought by foreigners in Andalucía increased by 18.9% in the first six months of this year. The 5,973 transactions in the same period in 2015 rose to 7,105 sales in 2016.
...continue reading "Seven out of ten properties sold to foreigners in Andalucía are located in Málaga province"