Skip to content

Published on Leave a comment on House prices in Spain rise for the first time since the beginning of the crisis

The Spanish real estate market experienced its first good news after a slump lasting over six years in the second quarter of 2014.

spanish apartments 300x300 - House prices in Spain rise for the first time since the beginning of the crisisBetween April and June house prices rose for the first time since early 2008, according to figures released by the National Statistics Institute (INE).

The Housing Price Index grew an average 0.8 percent compared with the same period in 2013, the numbers show.

Broken down by type of housing, the price of new homes rose 1.9 percent while that for existing homes grew 0.2 percent.

The drop in house prices had been slowing for several quarters, suggesting a gradual market recovery. The sharpest decline was registered in the third quarter of 2012, when prices dropped 15.2 percent compared with the same period in 2011.
...continue reading "House prices in Spain rise for the first time since the beginning of the crisis"

Published on Leave a comment on Apartment with unbeatable views for sale in Sant Josep de sa Talaia, Ibiza

2 bedrooms, 2 bathrooms, Swimming-pool, 500m away from the Beach, Luxury property, In Urban Area, Balearic Islands

Modern apartment in Sant Josep de sa Talaia (Ibiza) charms with its beautiful views to the sea and the island of Es Vedra. Features 2 bedrooms, 2 bathrooms, swimming-pool and garage, apart from air conditioning and a fully equipped kitchen. The best of this apartment is the 85 square metres terrace from where one can enjoy the delightful view.

The price is 485,000 €.

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

183 - Apartment with unbeatable views for sale in Sant Josep de sa Talaia, Ibiza
...continue reading "Apartment with unbeatable views for sale in Sant Josep de sa Talaia, Ibiza"

3

Published on 3 Comments on Dream Home in Mallorca, Balearic Islands

This stunning five bedroom, five bath, Port d'Andratx villa, takes full advantage of its enviable location, on the island of Mallorca, by making sweeping views of the port visible in nearly every room. Combined with plenty of comfortable, modern furnishings both indoors and out make this an ideal space to make a home or simply spend a summer.

villa in Mallorca - Dream Home in Mallorca, Balearic Islands
...continue reading "Dream Home in Mallorca, Balearic Islands"

2

Published on 2 Comments on American company to invest 200 million in real estate projects on Marbella

Real Capital Solutions (RCS) is one of the leading American private capital investment companies specialising in property and the re-capitalisation of investment portfolios of developments that are ‘in difficulty’.

Marbella3 300x200 - American company to invest 200 million in real estate projects on MarbellaBased in Colorado, this extremely successful business is now moving in on Marbella as it begins its expansion into Europe.

The plans for the company, now on Malaga soil, are to invest an estimated 200 million euros into property development in the area within the next four years. The firm has already paid out 15 million euros in the purchase of two housing developments that were in the hands of Spanish banks. The new division of the company, RCS Spain, has acquired Cosmo Beach (between San Pedro and Estepona) and Valley Heights (on the outskirts of Benahavís). This area is better known to investors as the ‘Golden Triangle” (Marbella - Estepona - Benahavís).

Taylor Cox, Partner at RCS, reveals how 14.95 million euros will be invested into both projects (consisting of around 100 properties), which includes the maintenance costs and the down payments.
...continue reading "American company to invest 200 million in real estate projects on Marbella"

1

Published on 1 Comment on Large Detached House for Sale in Benalmadena, Costa del Sol

4 bedrooms, 3 bathrooms, Swimming-pool, Seaside Resort, In Urban Area, Benalmadena (Malaga province, Costa del Sol)

182 - Large Detached House for Sale in Benalmadena, Costa del Sol
...continue reading "Large Detached House for Sale in Benalmadena, Costa del Sol"

Published on Leave a comment on Beyond Luxury: Villa Chameleon in Mallorca

Villa Chameleon is located on Majorca (Balearic Islands), high above the Bay of Palma in the hills of Son Vida. After five years of construction, an estate has been created that is in many respects exceptional and sets new standards: its exposed location, its timeless and transparent architecture blending into nature and its state-of-the-art technical realization with a number of groundbreaking highlights (photo credit by Benjamin Antony Monn)

Villa Chameleon 1 e1409127640244 - Beyond Luxury: Villa Chameleon in Mallorca
...continue reading "Beyond Luxury: Villa Chameleon in Mallorca"

Published on Leave a comment on Zara founder Amancio Ortega earned €93.3 million last year in real estate profits

The vast fortune in the hands of Amancio Ortega, founder of Inditex – the parent company of clothing chain Zara – keeps growing.

Picasso Tower 200x300 - Zara founder Amancio Ortega earned €93.3 million last year in real estate profits
Picasso Tower

But the profits are not just coming in from his retail fashion outlets, which also include brands such as Bershka, Massimo Dutti and Oysho.

Ortega’s real estate activities are becoming more profitable every year. Pontegadea Inmobiliaria, the company that he uses to invest in office and retail space, posted net profits of €93.3 million last year, a 32% increase from the previous year, according to the company’s filings with the Spanish Business Register.

The Galician tycoon’s property company specializes in scooping up buildings on the best streets of the world’s major cities. Most of these buildings already have occupants, and Ortega becomes their new landlord. The building housing the Apple Store in Barcelona and the Picasso Tower in Madrid are among the properties in his portfolio.

In 2013, Pontegadea collected €98.5 million in rent, €4.3 million more than in 2012. Of this amount, €75.7 million came from Spanish investments and €22.7 million from foreign tenants.
...continue reading "Zara founder Amancio Ortega earned €93.3 million last year in real estate profits"

4

Published on 4 Comments on Outstanding Penthouse Apartment for Sale in Marbella (Málaga)

3 bedrooms, 3 bathrooms, Swimming-pool, Luxury property, Marbella (Málaga)

These brand new quality apartments are located in an exclusive luxury complex consisting of more than 25. 000 m2 landscaped gardens, breathtaking views, four swimming pools, 24h security and maintenance services. There is a choice of either 2 or 3 bedroomed apartments and penthouses with 3 or 4 bathrooms, spacious terraces with spectacular views, some measuring over 200m2, completely fitted Siemens kitchens, large living rooms with fireplaces and dining area. All apartments come with underfloor heating, air conditioning, two underground parking spaces and a storeroom. Located above the Puente Romano hotel, only 800 metres from the beach and simply 3 minutes from the glamorous Puerto Banus.

For more information about this property click on the following link: Spainhouses.net

180 - Outstanding Penthouse Apartment for Sale in Marbella (Málaga)
...continue reading "Outstanding Penthouse Apartment for Sale in Marbella (Málaga)"

Published on Leave a comment on Casa Bauzá in Mallorca, by Architect Miquel Lacomba

Nestled among the rocky hills of Pollença in Mallorca (Balearic Islands) we find Casa Bauzà, an incredible house created by architect Miquel Lacomba. Everything in the villa in large: the compound, the pool, the rooms and even the kitchen cabinets! Yet you still get a smooth flow between the spaces and nothing is overdone.

casa Bauzá - Casa Bauzá in Mallorca, by Architect Miquel Lacomba
...continue reading "Casa Bauzá in Mallorca, by Architect Miquel Lacomba"

2

Published on 2 Comments on Spain: First Retirement Destination Among Britons

Scores of British expats who were drawn to Spain in the Nineties and early 2000s struggled to cope during the financial crisis and returned to Britain. Nearly 90,000 Britons packed their bags and abandoned the country last year alone.

House in Ibiza 300x199 - Spain: First Retirement Destination Among BritonsSpain’s popularity as a retirement destination also suffered, with a poll last summer revealing the top destinations were the United States, Australia and Canada.

The results of a new study, however, suggest that Spain has regained its appeal among Britons planning to retire overseas.

Of more than 2,000 Britons polled by MGM Advantage, a retirement income specialist, 13pc said they planned to retire in Spain.

France took second place with 9pc of votes, followed by the United States and Australia.

After a six year property slump in Spain, during which prices are thought to have fallen between 40pc and 50pc nationally, recent data suggests the housing market is now recovering.
...continue reading "Spain: First Retirement Destination Among Britons"