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Published on Leave a comment on Marbella doubles the number of licences granted for new housing projects

The construction sector in Spain in general may still appear to be in a coma, but in Marbella there are further signs of activity in the property market. At least, that appears to be the case according to information from the Town Planning Department, where the number of new building licences granted in the first six months of this year was double that in the same period in 2012. Until June, 123 licences were issued, whereas last year the figure was 64.

Apartments in Marbella - Marbella doubles the number of licences granted for new housing projectsThe councillor for Town Planning, Pablo Moro, is convinced that this data reflects the fact that the construction sector in the town is beginning to reactivate. “This shows that there is more activity in terms of new building in Marbella and the town continues to be a focus of attention for many investors who now have confidence in it again”, he says.

Although the figures are light years away from those registered before the bursting of the property bubble, the rhythm of growth in applications for new projects does invite optimism and, for some people, it is beginning to dispel doubts about whether the town would, after all, be one of the first in Andalucía to show signs of economic recovery.
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Published on Leave a comment on Brand New Penthouse flat for sale in Mijas Costa (Málaga)

Calahonda Urbanization, Mijas Costa, Málaga,  3 bedrooms, 2 bathrooms, Swimming-pool, Seaside Resort, Brand New, Luxury property, In Urban Area, In a mountain area

Luxury Penthouse located in private and quiet residential area just a few minutes drive to all amenities and beach. It features 3 large bedrooms and 2 full bathrooms, one en suite, large terrace 70m2 lounge level, magnificent sea views, garage, A / C, marble, double glazed, 4 swimming pools and gardens. REDUCED FROM 450,000€ TO € 250,000€.

More information about this great house: spainhouses.net

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Published on Leave a comment on Architecture in Spain: New building in Gran Vía, Madrid

Madrid’s Gran Vía has once again been made whole. The capital’s main thoroughfare was left with a huge vacant lot in 2011, when the headquarters of the Banco Atlántico, at number 48 by Callao plaza, was demolished. For the first time since 1932, work began on a new building on the iconic street.

new building in Gran Vía - Architecture in Spain: New building in Gran Vía, Madrid

Fashion store C&A has occupied the first three floors of the 13-story, 45-meter-high building since May, and in October, the remainder of the building — comprising 97 luxury apartments — officially opens.
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Published on 1 Comment on Forecasts for the commercial real estate market in Spain improve

Although Spain continues to be affected by the uncertainty that has impacted the country over the past five years, an economic recovery does now appear to be closer and forecasts for the real estate market have improved.

4 Torres Madrid 300x191 - Forecasts for the commercial real estate market in Spain improveIt is expected that the Spanish economy will continue to contract over the coming months, and the fall in GDP in 2013 is projected to be similar to that of 2012, with the economy shrinking by around 1.6% and domestic demand is expected to remain weak but this will be partially offset by a more positive contribution from external demand, the report says.

GDP forecasts for 2014 indicate that growth will be close to 0.5%, boosted by an expected improvement in the global economy. The outlook will also be aided by the measures taken by the European Central Bank (ECB) to stabilise and ensure the survival of the Euro. ...continue reading "Forecasts for the commercial real estate market in Spain improve"

Published on Leave a comment on Lovely Holiday rental villa in Sotogrande (Cádiz)

6 bedrooms, 5 bathrooms, Swimming-pool, 500m away from the Beach, In Urban Area, Sotogrande, Cádiz

Charming villa in Sotogrande coast (Cádiz) at only 50 meter from real golf club, and only a shorter distance away form beach club, tennis, padel and beaches. The house has tiled floor, wooden windows, double glazed windows, air conditioning, reinforced door and electronic phone entry system between other features.

More information on the following link: spainhouses.net

771505 1060586 foto21926556 - Lovely Holiday rental villa in Sotogrande (Cádiz)

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Published on Leave a comment on Architecture: Creative Contemporary Home in Galicia, Spain

Creating a modern residence that offers gorgeous views and maintains the delicate balance of the surrounding natural setting is indeed a hard task. Architect Quico Jorreto has successfully managed to accomplish this by conjuring up and bringing to life this amazing house overlooking Miño River in Galicia, Spain. Surrounded by a beautiful green landscape, the home utilizes the available landscape to perfection as it offers those inside with unabated views of the river terrain while providing a comfortable retreat.

The innovative structure basically consists of three distinctively separate sections which combine seamlessly with one another. A carport that doubles up as an external patio area is the first to greet you, with a large glass enclosure that is right next to it providing for a relaxing lounge area. The glass box has been designed to provide unobstructed views of the flowing river as you also enjoy a 360 degree view of the world outside.

Miño river house in Galicia - Architecture: Creative Contemporary Home in Galicia, Spain

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Published on Leave a comment on HMRC’s warning to owners of second homes in Spain

British tax residents with second or holiday homes in Spain are being urged by the UK tax authority, HM Revenue & Customs (HMRC), to “come clean” about any unpaid tax or capital gains, despite the deadline to avoid increased penalties for not doing so having passed last Friday.

771505 1065925 foto22206252 300x225 - HMRC’s warning to owners of second homes in SpainHMRC’s Property Sales Campaign is targeting those selling homes in the UK or overseas, where capital gains tax should be paid on any profits made. Property owners had until 9th August to declare any unpaid tax on property sales and have until 6th September to pay the tax owed.

The Revenue is warning those who have sold holiday homes in Spain, and elsewhere, that a failure to report accurately could mean they face tax investigations, plus fines and interest could be added to the pending tax bill.
“It is better to come to us before we come to you. After 6th September, HMRC will use information it holds about property sales, in the UK and abroad, to identify people who have not paid what they owe. Penalties – or even criminal prosecution – could follow,” asserts Marian Wilson, Head of HMRC Campaigns. ...continue reading "HMRC’s warning to owners of second homes in Spain"

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Published on 2 Comments on Wonderful villa for sale in Sant Josep de sa Talaia, Balearics

3 bedrooms, 3 bathrooms, Swimming-pool, Seaside Resort, In Rural Area, Sant Josep de sa Talaia, Balearic Islands

Modern renovated villa with sea and sunsetviews close to the beaches of Cala Bassa and Cala Conta, pool, privacy, different terraces, garden, large living-diningroom, open totally equipped kitchen, guests' apartment, electric gate.

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

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Published on 1 Comment on Art-chitectural House in Madrid by A-cero

This combination of art and architecture is located in Las Rozas, one of the wealthiest parts of Madrid (Spain). The dwelling’s plot has a surface of 1 368 m2 with a light slope. It is an ideal place for building without major limitations. The architects created three floors: basement, ground floor and first floor. The house can be entered on the ground floor through two huge living rooms and a dining room.

This main part is on the right side. On the left you can find a bathroom, a cleaning room, a courtyard, a kitchen and a pantry. An interior staircase and an elevator are located in a way so that they can communicate not only with the basement and the first floor but also with the right and the left part of the ground floor. On the first floor are situated children bedrooms with dressing-rooms and bathrooms and the main bedroom with a dressing-room and a bathroom. A terrace cannot be forgotten. The basement includes an inner swimming pool, a Jacuzzi, a sauna, a gym, a small cinema room and a cellar. Both the interior and the exterior are very modern and elegant with the emphasis on material quality.

artchitectural house in Madrid6 - Art-chitectural House in Madrid by A-cero

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Published on 1 Comment on Millionaire foreign investors to buy property in exchange for visas

Thousands of non-European Union high-net-worth individuals are expected soon to invest in luxury Spanish properties, in return for being granted permanent residency in Spain, according to international real estate experts.

40587 994565 foto19518416 300x200 - Millionaire foreign investors to buy property in exchange for visasIn a bid to revitalise the property sector, and therefore the wider economy, the Spanish government announced last October that those who invest more than 500,000 euros in real estate will be allowed to stay indefinitely in Spain, and therefore the entire Schengen Area, which consists of a group of 26 European countries.

“The law is due to be passed any day, but it is now more likely to come into force in September, after the summer break. We will not know the exact process until the law is enacted but it is expected to be an administrative one involving checking the applicant has all of the necessary documentation.” Explains Alex Vaughan, a partner at an estate agency specialising in high-end properties.
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