Many owners of holiday rental properties are now rushing to register them as tourist accommodation in order to comply with new regulations which come into force on 11 May.
The number of applications to register a property on the ‘Registro de Turismo de Andalucía’ had increased by 705% by the end of April, according to Monsalud Galindo, the regional government’s Tourism delegate in Malaga. Between 1 January and 30 April, there were 1,736 applications to register rental properties, compared with just 246 in the same period of 2015. Next Wednesday is the first day that registration numbers will be assigned, enabling owners to rent their properties legally.
The new decree states that any property in Andalucía must be registered if it is habitually rented out for holidays at a price set by the owner and is marketed through tourism channels such as travel agents or online platforms.
...continue reading "Owners of holiday homes rush to comply with new regulations"
Figures published by the Spanish Statistics Institute (INE) confirm that market recovery is well under way and that sales activity now lies at levels on a par with those at the start of the crisis.
In Málaga province last year, 24,705 properties were sold, the highest figure since 2008. 2015 saw an increase of 11 per cent in sales and was the third consecutive year of growth. The Málaga property market has been growing since 2013 while national and regional recuperation did not start until 2014.
The rise of 11 per cent for last year in Málaga does, however, mark a slight slow down in recovery when compared to the 14 per cent growth in 2014. But experts point out that this is because high increases are easier when initial figures are very low.
...continue reading "Property sales in Málaga reached in 2015 their highest level since 2008"
Three rulings by Spain's Supreme Court have left the owners of more than 16,500 homes built in Marbella since 1986 in legal limbo by declaring planning regulations void.
In a series of decisions, the country's highest court has declared null and void Marbella's urban planning regulations that were passed in 2010 and which legalised thousands of homes constructed since the previous town plans, dating back to 1986, were approved.
In response to appeals against previous Supreme Court of Andalusia rulings, the rulings all arrived at the same conclusions, namely that the Town Council does not have power to retroactively declare legal properties that have been built illegally as that rests with the courts, nor to alter land classifications, nor legal liabilities.
...continue reading "Court rulings in Spain create more uncertainty over illegal homes"
The project for a new shopping centre in Torremolinos is beginning to take shape after a decade of being caught up in different bureaucratic processes. The local council wants this major project, which Intu Properties wants to build in the town, to come to fruition as soon as possible. The shopping and leisure centre, which would be the biggest in Andalucía, will include a ski slope and a giant wave pool for surfers, among its other attractions.
This new commercial centre will be on a 195,000 square metre site between the Palacio de Congresos conference centre and the access to the motorway, in the area called Molino del Viento.
For the works to start, the developers are only waiting for Torremolinos council to approve the revision to the Urban Plan, which may be done at this November’s council meeting. If all goes according to plan, the works could begin in the first quarter of 2016 and will be completed in 2018.
...continue reading "Torremolinos eases the way for the biggest shopping and leisure centre in Andalucía"