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Good expectations for Spanish housing market

SpainHouses.netNovember 3, 2014April 2, 2020Leave a comment

Improved confidence in the economy, a wide spread belief that property prices have finally hit rock bottom and more readily available financing are all helping encourage sales in Spain, according to experts.

It has been widely reported that the summer months saw a recovery in the country’s property market with some seeing sales increase by 8.8% in June compared with the same month in 2013.

Lending also increased, up by 19% in June 2014 compared with June 2013 and there was also a slight rise in prices which saw a 1% increase in the second quarter of 2104, the first quarterly rise for six years.

Before the economic crisis 40% of mortgages were taken out by immigrants. This has now fallen to only 3%. The average age of buyers has also gone up. The percentage of buyers younger than 25 has fallen from 16% to 3%. When it comes to investors, the volume of foreign investments is constantly increasing and 2013 saw a 16% increase on 2012. It is not uncommon for 80% of an estate agent's client base to be foreigners.
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Luxury Wooden House in Padul, Granada

SpainHouses.netOctober 31, 2014March 31, 2020Leave a comment

Venta Del Fraile-Cerro San Gregorio, 14 bedrooms, Area Lot 3,000m2, Built area 600m2, Swimming-pool, In Urban Area, In a mountain area, Padul (Granada)

Finnish solid wood luxury home, built in 2010 on a plot of 3,000 m2. It features three big houses for guests and the service. There are in total 14 bedrooms, some of them up to 23 m2 and a wide living room of 45 m2. There is underfloor heating and the windows are shielded. Perfect to enjoy both winter and summer time, with its 4 barbecues, pool, fruit trees and organic garden. Urbanization in country area with excellent communications, only 15 minutes far away from Granada city, but at the same time situated in idyllic natural landscape.

It is up for sale for 1,450,000 €.

Click on the following link to see more information about this property: SpainHouses.net

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Architect Frank Gehry receive the Prince of Asturias Award for the Arts

SpainHouses.netOctober 29, 2014October 29, 2014Leave a comment

Frank Gehry has been bestowed with Spain’s prestigious Prince of Asturias Award for the Arts. The Canadian-American architect was chosen as the award’s 34th laureate “for the relevance and impact of his creations in numerous countries, via which he has defined and furthered architecture in the past half century.”

“His buildings are characterized by a virtuoso play of complex shapes, the use of unusual materials, such as titanium, and their technological innovation, which has also had an impact on other arts,” stated the jury. “An example of this open, playful and organic style of architecture is the Guggenheim Museum in Bilbao, which, in addition to its architectural and aesthetic excellence, has had an enormous economic, social and urban impact on its surroundings as a whole.”

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Madrid’s commercial market offers a prospect of strong rental growth

SpainHouses.netOctober 27, 2014April 2, 2020Leave a comment

There has been good news for the residential market in Spain with sales steadily increasing and now the country’s commercial property market, particularly in Madrid, is striding ahead.
Over the next couple of years, Madrid is forecast to be one of the best performing European office markets, after staging a strong recovery.

This change reflects the much improved economic backdrop, providing occupiers and investors with renewed confidence and optimism. Historically, the Madrid office market has correlated closely with corporate performance and employment levels.

Prime rents reached their floor in 2013 and increased by 14% in the first half of 2014, to currently stand at €28 per square meter per month. Office investment has risen sharply, with volumes amounting to €700 million in the first half of 2014, compared with €400 million for the whole of 2013.

There has been limited development over recent years, which has helped to stabilise the vacancy rate at 11.5%. With limited development in the pipeline, a shortage of good quality stock is expected in the medium term, which is expected to lead to further rental growth.
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Fantastic Duplex for Sale in Palma de Mallorca, Balearic Islands

SpainHouses.netOctober 24, 2014October 23, 2014Leave a comment

3 bedrooms, 2 bathrooms, In Urban Area, Palma de Mallorca (Balearic Islands)

Beautiful and completely renovated duplex, distributed in three double bedrooms and two bathrooms. It is ideally located in a quiet area within walking distance to all type of services. The decor style is modern and with high quality materials and finishes. It also has air conditioning and heating, garage and a fully equipped kitchen.

The listing price is 450,000 €.

Click on the following link to see more information about this property: SpainHouses.net

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Renovated Apartment in Barcelona by Sergi Pons

SpainHouses.netOctober 22, 2014March 31, 2020Leave a comment

Barcelona architect Sergi Pons has exposed stone walls and wooden beams during the renovation of this apartment in the city's Les Corts district.

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Marbella and its luxury property market leading the crisis recovery

SpainHouses.netOctober 20, 2014October 20, 2014Leave a comment

A privileged area, surrounded by greenery, nothing to block the view, very few neighbours, top quality and an innovative design. These are the characteristics demanded by the new property market which is being reborn on the Costa del Sol. The macro-developments, all looking the same, which mushroomed along the coast during the boom years, have been left behind.

Following the crisis the sector is starting to reactivate, thanks to projects which are based on luxury: residential complexes with a very few, very exclusive properties which are, logically, designed for those with ample budgets.

In Marbella, several of these are to be found now. Avenida Príncipe Hohenlohe, otherwise known as the Golden Mile, and Sierra Blanca are the main attractions for investors, many of whom bought land some time ago but were reluctant to build on it because of the plunging property market. Now, signs for show houses are reappearing and off-plan sales are becoming a reality once again.
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Modern Villa for Sale in Orihuela Costa, Alicante

SpainHouses.netOctober 17, 2014March 31, 2020Leave a comment

3 bedrooms, 3 bathrooms, Swimming-pool, Under Construction, Cabo Roig in Orihuela Costa (Alicante)

Modern detached villas located in Lomas de Cabo Roig, one of the best residential areas of Orihuela Costa, surrounded by services with activity all year and 5 minutes drive from the beach.

A set of 12 single-family houses built on plots between 300 and 500 m2. All 3 bedrooms, 3 bathrooms, a guest toilet, porch, terrace and a fabulous sun terrace with sea views.

As an introductory offer, the price of the houses includes underfloor heating in bathrooms and private swimming pool.

The price is 245,000 €.

Click on the following link to see more information about this property: SpainHouses.net

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Hub Flat by CH QS Arquitectos

SpainHouses.netOctober 15, 2014October 20, 2014Leave a comment

From CH+QS Arquitectos: Sometimes one can die of success, and this is what was happening to Hub Madrid. Its main function, to be a coworking space for social entrepreneurs began to be seriously compromised by the success of the space for events. So, combining both worlds increasingly became more difficult. Thus it was decided to expand to an available floor on the same building, just above the Hub, and so appears HUBflat, a complement, a support, a bubble of concentration to defend and maintain the essence of the entrepreneurial community. And as in the original Hub, the floor was found intact from the 1950s.

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Property market is becoming stable in Spain

SpainHouses.netOctober 13, 2014October 13, 2014Leave a comment

Year on year property sales in Spain have increased for five months in a row, signalling that the residential real estate market is becoming more stable.

The latest figures from Spain’s National Institute of Statistics (INE) shows that sales increased by 10% in July on an annual basis and by 9% on a quarterly basis.

The INE doesn’t break down monthly sales figures by nationality, but real estate experts point out that foreign buyers are driving the sales increase. This suggests that there is plenty of scope for further increases when local demand picks up with falling unemployment and easier mortgage lending.
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