Spain Real Estate News
The experience of rising above the world we experience when we peer through the large windows. The interior spaces are embraced by large sliding glass areas, allowing the majestic areas to unite with terraces and pool, also bringing them closer to the exterior natural setting: the top of Toix-Mascarat urbanization, in Alicante (Spain).
...continue reading "Mediterranean Pearl by Architect Carlos Gilardi"
Spanish lenders repossessed 49,694 homes from defaulting borrowers in 2013, a 10% rise from a year earlier, figures released on May 19th by the Bank of Spain show.
Of these, 38,961 were first residences, according to statistics provided by the banks.
The vast majority of properties were empty at the time of repossession.
Meanwhile, the proportion of cases involving dation in payment, in which borrowers in arrears hand over the keys of the property to the lender that approved the mortgage to cancel debt obligations, reached 32.5% of all repossessed homes.
This represents a rise from 2012, reflecting the introduction of new legislation to make this option easier. Borrowers have mostly opted for key return in the case of holiday homes, not primary residences.
...continue reading "Spanish Lenders Took Back Nearly 50,000 Properties in 2013"
4 bedrooms, 3 bathrooms, Area Lot 805m2, Area useful 340m2, Swimming-pool, Seaside Resort, Luxury property, In Urban Area
Minimalist style villa recently built in the coastal town of Altea, Alicante province. It features: 4 bedrooms, 3 bathrooms, high standard kitchen, spacious lounge, dining room, gym, wine cellar and acclimatized glass, 160m2 covered terrace and open terrace of 177m2, air conditioning, barbecue , electric blinds , wardrobes and dressing room. Plus, garden with automatic irrigation and swimming pool. Furniture and equipment included in the price.
The price is 1,100,000 €.
Click on the following link to view more information of this marvelous property: SpainHouses.net
...continue reading "Minimalist Home for Sale in Altea, Alicante"
This rambling 25-bedroom retreat in Cordoba, Andalusia,was designed by the Spanish architect, historian, and essayist Fernando Chueca Goitia (1911–2004) for himself. During the second half of the 20th century, Chueca oversaw the restoration of historic buildings throughout Spain, designed Madrid’s Almudena Cathedral, and wrote The History of Spanish Architecture. He also built himself this hunting lodge in Andalusian palatial style—an estate as grand as the rest of his oeuvre.
...continue reading "A Palatial Mansion in Cordoba, Andalusia"
The demand for cheap holiday homes on the Costa del Sol, especially those destined for the foreign market has revived the interest of Sareb (‘sociedad de gestión de activos procedentes de la reestructuración bancaria’ or bad bank) in completing the stalled building work on such properties.
The company, created in 2012 as part of a condition laid down by the European Union in exchange for aid of a hundred billion euros to Spain’s banking sector, is responsible for dealing with toxic assets and has now turned its attention to two developments in Malaga province, totalling 116 homes.
Of these a hundred are concentrated in a residential estate in Casares, though the company will not yet say where. The homes are in the final phase of construction - 80 per cent built and in some cases lacking only electricity or phone connections or painted walls - and with works to re-start in July are expected to be completed by the end of the year and put on the market.
...continue reading "Bad Bank to Finish 116 Homes on Costa del Sol"
2 or 3 bedrooms, Swimming-pool, Seaside Resort, Gardens, Storeroom, In a mountain area
The residential complex La Zenaida is an exclusive promotion located in one of the Costa del Sol’s most beautiful natural landscapes, in the touristic municipality of Rincón de la Victoria , just 10 minutes from Málaga centre.
Composed of 67 homes of 2 or 3 bedrooms, constructed with the finest materials, spacious common areas for leisure and entertainment and marvelous sea views.
The complex was designed and constructed for special people in search of the peace and tranquility which big cities are unable to offer.
A luxurious lifestyle is at your fingertips.
Prices from 145,000 € to 195,000 €.
For more information click on the following link: Complejo Residencial La Zenaida
...continue reading "Fantastic New Home Development in Rincón de la Victoria, Málaga"
Located on the southernmost edge of Granada (Andalusia), the Health Sciences Faculty immediately stands out due to its monolithic, sculptural form. The 130-m-long podium, which culminates in a 40-m-tall tower is not, however, a product of the architects’ fancy, but dictated by an urban plan.
...continue reading "Architecture: Health Sciences Faculty in Granada"
Despite reports of foreign buyers snapping up bargain properties in Spain, the country’s real estate market will not recovery fully until banks relax their lending rules, it is claimed.
Currently the maximum loan to value for non-residents in Spain is around 60% but a buyer also needs to pay up 15% of the purchase price in taxes and fees so some considerable upfront outlay is still needed to buy a dream home in Spain.
The latest official figures confirm that mortgage numbers in Spain have dropped for the 46th consecutive month up to February 2014. Experts believe that the country is in no danger of a full recovery, let alone a property boom, as average house prices have fallen by 30% since 2008 and mortgage lending dropped from a peak of €173 billion in 2007 to just €26 billion in 2013.
...continue reading "Still Waiting for a Fully Recovery of the Property Market"
6 bedrooms, 9 bathrooms, Area Lot 3,022m2, Built area 1,200m2, Area useful 1,018m2, Swimming-pool, 500m away from the Beach, Brand New, Luxury property, In Urban Area, On golf course, Marbella (Malaga)
Luxury villa built to the highest quality standards and located right next to the prestigious golf course of Guadalmina Baja, Marbella. Just 200 meters from the beach. Located in a privileged position overlooking the gardens, pool and golf course. The villa has a beautiful roundabout in the backyard with access to two double garages and the main entrance of the Villa that leads to a modern and elegant living room with fireplace, high ceilings with wooden beams and large windows. Do not miss the pictures!
The price is 6,450,000 €.
For more information about the property click on the following link: spainhouses.net
...continue reading "Stunning Villa for Sale in Marbella, Costa del Sol"
Modular vacation home, far away from the traditional prefabricated wooden houses, because in this case, concrete is the main element. Located in Guadalajara (Castilla-La Mancha), next to the Entrepeñas reservoir, it is surrounded by trees and water. The house is made up of two cubes joined by a central courtyard. The furnishings are an eclectic mix of contemporary and modern with a little vintage added in.
...continue reading "Modular Home in Guadalajara, Castilla La Mancha"