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The weakened Russian ruble has led to a decrease in the number of Russian buyers of Spanish property.

Villa for sale in Marbella 300x200 - Russians turning away from Spanish propertyFalling oil prices, the decline in the currency and international sanctions against Russia over the crisis in the Ukraine, have led to Russian buyers turning their backs on Spain.

Ramón Riera, president of FIABCI - a group of 120 property specialists - told to Business Insider that Russians are not buying right now and that they are even getting rid of their Spanish properties.

In 2014, the ruble lost 40 per cent of its value against the euro and the Russian government forecasts that its economy will shrink by 3 per cent ...continue reading "Russians turning away from Spanish property"

4 bedroom, 3 bathroom, Built area 180m2, Swimming-pool, Almuñécar, Granada

Magnificent house located in Almuñécar, a coastal town of Granada province, in Costa Tropical. Situated at the entrance of the urbanization  'Fuentes de Almuñecar ', with two swimming-pools; the main one is less than 100m away from the house, infinity, spectacular; plus large common areas and parking zone. Close to the beach, only 5 minutes far away.

1104 - Terraced chalet for sale in Almuñécar (Granada)
...continue reading "Terraced chalet for sale in Almuñécar (Granada)"

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Eco High-tech home in Castellón de la Plana, Spain, by NOEM

1. Prefabricated house - Prefabricated House in Castellón de la Plana by Noem
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An Estepona-based lawyer, Óscar Calvo, has succeeded in obtaining a legal resolution which improves the situation for off-plan property buyers.

Houses in Benalmadena 300x164 - Legal resolution changes the situation for off-plan property buyersThose who bought homes off-plan customarily signed a deal with developers and the bank which guaranteed the refund of any monies paid upfront if the property was not handed over as promised. However this guarantee was invalidated once the primary occupation licence was issued.

Now the situation has changed with the judicial resolution obtained by Calvo which eliminates this invalidation process because it is unlawful. Buyers who signed up to this bank guarantee after 1999 can request a refund.

According to Calvo, he was able to push for the court resolution because the law has been badly interpreted.
...continue reading "Legal resolution changes the situation for off-plan property buyers"

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3 bedroom, 4 bathroom, Area Lot 1,207m2, Area terrace 100m2, Swimming-pool, In Urban Area, Alhaurín de la Torre, Málaga

1103 - Beautiful Villa for Sale in Alhaurín de la Torre, Málaga
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Spanish architects Nook have renovated a small apartment in Barcelona's gothic quarter, leaving decorative floor tiles in place to reveal the original layout of the flat.

1 ROC3 apartment - Apartment Refurbishment in Barcelona by Nook Architects
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Valencia and Madrid have been named as potential property investment hotspots for 2015 as the country’s property market continues its recovery.

valencia 82146 640 300x225 - Madrid and Valencia: potential property hotspots for 2015Madrid is currently undergoing a revival following a rocky ride during the last seven years and Valencia’s position as a key tourist destination mark them out.

In Madrid official figures show that sales were up 17% in 2014 over 2013 and the city and surrounding region have seen their first property price rises since 2007.

 

It adds that as well as being popular with overseas visitors Valencia is a business and investment hub. Latest figures suggest that the number of property sales in Valencia has increased by as much as 30% compared to 2013 figures.
...continue reading "Madrid and Valencia: potential property hotspots for 2015"

5 bedrooms, 4 bathrooms, Lot area 10,000m2, Built area 500m2, Swimming-pool, In a mountain area, Vallés Oriental, Barcelona province

Spectacular mansion built with high quality materials, very well designed, facing the south and light-filled. Just at 0,8 km from an important town, Caldes de Montbui, with all the services.

1 House for sale - Large Mountain House For Sale in Caldes de Montbui (Barcelona)
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A red brick wall spans the gap between two crumbling facades on a street in the centre of Granollers (Barcelona), hiding a home - House 1014, by H Arquitectes - with two courtyards and a central garden.

1 House 1014 - House 1014 by H Architectes, in Granollers, Barcelona
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While Madrid is the most expensive region to rent a home, at a monthly cost of €10.20 per square metre, followed by the Basque Country (€10 per square metre), Catalonia (€9.20) and then the Balearic Islands (€8.10), Barcelona is by far the most expensive city. There, tenants must shell out an average of €12.50 per square metre apartments in Barcelona 300x200 - Barcelona is the most expensive city to rent a homeevery month, meaning a small, one-bedroom flat of 50 square metres will cost €625 a month.

And after rising 11 per cent last year, Barcelona rents look to be booming.

Murcia saw the biggest drop of 4.4 per cent, and is one of the cheapest regions in which to rent, at an average of €4.70 per square metre per month.

Extremadura (€4.20) and Castilla-La Mancha (€4.40) are the only cheaper regions in Spain for tenants.
...continue reading "Barcelona is the most expensive city to rent a home"