1. Detached villa for sale in Benahavís (Málaga)
2 bedrooms, 2 bathrooms, Built area 150m2, Swimming-pool, Brand New, 190,000 €
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Category: Real Estate
Restoration of a house by MORE Design & Architecture
Can Anita: Complete restoration of an existing house in Mallorca
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10 Houses for Sale Under 100,000 € in Alicante!
1. Bungalow for sale in Torrevieja
1 bedroom, 1 bathroom, Built area 50m2, Swimming-pool, 2nd Row from the Sea, Second Hand, In Urban Area, 59,000 €
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60% of Madrid evictions are from public flats sold to investment funds
Six out of every 10 evictions in the Spanish capital are taking place in public housing units that have been sold over recent years by the Madrid regional government and City 
Hall to investment funds, according to data included in a report from the Treasury Ministry.
According to the data in the ministry report, of the 111 eviction cases registered between February and June of this year, 65 were in houses that had been sold by Madrid administrations.
Between February and June, the report states, there were 50 evictions that took place in properties sold by the Municipal Company for Housing and Land (EMVS) to an investment fund. Another five evictions took place in flats sold by the Madrid Housing Institute (Ivima) to another fund; and 10 more were related to housing from the EMVS and Ivima. In total, 65 of 111.
In terms of evictions carried out by banks, the report registers 17, which works out at 15%, while another 29 evictions were brought about by private landlords. There were also 73 evictions from illegally occupied properties.
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Government to tax consumers who store their own renewable energy
The Spanish government is planning to tax homes that produce their own energy through solar power and store some of it using batteries.
A draft decree prepared by the Industry, Energy and Tourism Ministry establishes a new fee to discourage the use of batteries or other storage systems by people who produce electricity, with solar or photovoltaic panels for instance, and who are connected to the national power grid.
Under the new rules, these self-reliant consumers will not be able to use products such as the Powerwall battery recently launched by American automotive and energy-storage company Tesla, and will additionally be penalized for the storage systems that come included with the latest generation of solar panels.
Only off-grid consumers who have their own, completely independent energy-production systems will be able to use batteries without being penalized for it. Modern storage devices typically have an autonomy of two hours or so, making it difficult to be entirely self-reliant.
The new fee will not affect systems without storage, which work only for instantaneous consumption.
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Banks are selling off repossessed homes with tenants inside
Around 36 percent of homes being sold by Catalan lenders to real estate firms and investment funds have a tenant inside, according to sources from the Catalonia regional 
government.
The properties in question have all been repossessed by banks from borrowers in default, who then cut a deal with the bank: by turning in the keys, the home reverted to the lender, the mortgage was canceled, and the homeowners became tenants instead.
But now, Catalan authorities fear that those families may end up being evicted by the new owners of the properties.
To stop this from happening, the regional government is considering purchasing a portfolio of homes in partnership with the municipalities where the 774 families affected by the problem have their main residence.
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The surge of interest in land purchasing and development projects
For the first time in years, the Costa del Sol is beginning to see a new wave of development projects. The renewed confidence that investors have in Marbella’s property market is becoming apparent. Not only can it be seen in the appearance of cranes and billboard adverts overhead, but in the growing demand for land, particularly good plots in the best locations with the best views. This is becoming the Costa’s new luxury product.
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The number of homes sold in March increased by a 12 per cent
The number of homes sold in March increased by a healthy 12 per cent compared to the same time last year, but house prices slumped by 7.5 per cent in the same period, 
reveal the latest figures from the Spanish Notaries’ Association (Consejo General Del Notariado).
The Notaries witnessed 34,736 homes sales in March, up from 30,950 the same time last year, a rise of 12 per cent.
The increase in sales would have been even bigger were it not for another huge monthly fall (32.6 per cent) in the number of new flats sold, as the supply of attractive new homes dries up.
Rising sales were accompanied by yet another month of falling prices – the biggest in more than a year. The average price of property in Euro per square metre was 1,202 €/sqm, down 7.5 per cent on last year, and 36 per cent since the start of the crisis in 2007.
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Property market in Spain is experiencing an uptick in sales
After seven years of stagnation the property market in Spain is experiencing an uptick in sales and prices have reached bottom.
With the Spanish economy improving, unemployment falling, tax revenue growing and a more stable banking system, lending figures are on the rise.
The typical mortgage lending rate dropped from 4.21% to 3.29% over the course of 2014 and this has fed through to buyer confidence. Andalucía and the Canary Islands have seen some of the strongest surges in mortgage lending, up 25% and 26% respectively month on month, compared to the national average of 14.2%.
This renewed confidence and interest in Spanish real estate is most evident in Madrid and Barcelona where capital flows into both cities’ commercial markets topped €2.7 billion in 2014.
The return of large US investment funds has been notable but not just in Spain’s main cities. Marbella, a popular area with overseas buyers is building on a property market recovery that began in 2013 despite Spanish buyers failing to return in any significant number in 2014 and the Ukraine crisis impacting on the number of Russian buyers.
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More signs of recovery in Spanish property market
The Spanish residential property market is showing further signs of recovery with the latest national figures showing that completed sales in February were higher than 2014 
and 2012.
But the data from the National Institute of Statistics also shows that sales were lower than 2013. However this was when tax breaks for buyers inflated registered sales.
Year on year, the market has increased 14% as a whole, but by 53% in the resale market, a substantial increase by any standards. But sales of new builds are not doing well, down 30% compared to the same month last year.
There is also considerable regional variation. For example, the growth in homes sales in coastal areas that attract foreign buyers has been generally above the national average, as foreign demand is boosting sales in most of those areas.
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