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Increase of Spanish holiday rental

SpainHouses.netJuly 1, 2013June 30, 2013Leave a comment

The Spanish property crisis and lack of liquidity has increased the amount of properties on offer related to holiday rental businesses such as rural houses for short lets and hostels, it is claimed. Not only has the number increased but also the variety of profiles and business models.

There has been a 200% increase in the number of these types of properties being offered by Spanish vendors to the UK and other international markets. There are two main reasons for this change.

Firstly is a lack of liquidity in the economy in Spain which has forced Spanish business owners to sell their business.

Spain’s new visa for non-Europeans buying property worth over €500,000 is set to spark huge interest from wealthy overseas buyers, it is claimed.

Secondly there has been an increase in expats seeking to move to Spain to start a new life and looking for a property related business. They are finding that there is the opportunity to buy a property at a reasonable price and start using it to earn an income from day one.
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Splendid villa for sale in Madrid according to Feng Shui principles

SpainHouses.netJune 28, 2013June 28, 2013Leave a comment

5 bedrooms, Area Lot 405m2, Built area 430m2, Brand New

Exclusive luxury villa in Madrid, located in a neighborhood of homes in a quiet area with nice views and close to all amenities. Made with the highest quality, its construction as well as being consistent with the discipline of Feng Shui aims to fusion of nature indoors, using them for large windows.

Distributes 430 meters on four floors housing on magnificent plot of 405 meters nice porch, Argentinian barbecue and linear 15-meter pool with salt water and waterfall for therapeutic use. Housing with charm, good distribution and built to enjoy.

More info in the following link: spainhouses.net

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Cave House in Mallorca by Designer Alexandre de Betak 1

SpainHouses.netJune 26, 2013June 11, 20191 Comment

Nestled in a small coastal village in the Tramuntana region of Majorca (Balearic Islands), with beautiful views of the Mediterranean Sea, is the home of French fashion and furniture designer Alexandre de Betak. Inspired by cave dwellings, the interior takes on an organic form, even shelves appear to push forth from natural rock to cradle the family's possessions. Rustic wooden beams, doors and furniture warm the stone surroundings of this eco-friendly construction, and ceilings are cut away in seemingly random patterns of abat-jours in the hallway. In de Betak's own words:

For 10 years I was dreaming about it, for five years I was looking for a spot for it, for two years working on it, for another two years building it, and finally here it is...

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Novagalicia removes interest-rate floor clauses from home loans 1

SpainHouses.netJune 24, 2013February 20, 20171 Comment

Nationalized lender Novagalicia has joined BBVA and Cajamar in announcing that it is stripping so-called interest-rate floor clauses from outstanding mortgage contracts, effective as of May 9, the day on which the Supreme Court ruled such conditions to be null and void.

Floor clauses limit the extent to which borrowers can benefit from falls in the benchmark used to set variable-interest mortgages, which in the case of Spain is habitually the one-year Euribor rate.

The Supreme Court determined that within the context of a mortgage contract as a whole such causes included in the fine print of documents lacked the transparency required by the law.

Novagalicia’s decision affects 90,000 contracts and mortgage debt totaling 6.6 billion euros. The bank said it has ceased to issue home loan contracts since the start of 2011.In a statement to the National Securities Commission (CNMV), Novagalicia said if interest rates remain at their current level, the impact of the removal of floor clauses on its earnings would be 48 million euros, the equivalent of 6.7 percent of its net interest income last year.
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Splendid Country Style House for Sale in Santanyí, Balearic Islands 1

SpainHouses.netJune 21, 2013March 31, 20201 Comment

3 bedrooms, 2 bathrooms, Area Lot 10,200m2, Built area 180m2, Swimming-pool, Second Hand, Balearic Islands

Tower Stonefinca near Santanyi: This 'little castle' with panoramic views offers 3 bedrooms, 2 bathrooms, guest toilet, floor heating, fireplace, 12 x 6 m pool, porch, solar-energy, satellite TV and private fountain. Potential of upgrading to 4 bedrooms or an added apartment.

See more info about this great house: spainhouses.net

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Architecture in Spain: Modern House in Girona 3

SpainHouses.netJune 19, 2013June 18, 20133 Comments

If you are planning to build a spacious house on a narrow piece of land, you can get inspired by the Step House creation at the Spanish city of Girona. This brilliant architecture emerges from the thoughts of Catalonian Spanish architects who are part of 05 AM Arquitectura.

The house is chic with unconventional styling employed so as to augment the lighting and spaces of the rooms. The home has been made to align with the north or the south elements and brings in abundant natural light. The house has two main entrances at the first floor, ground entrance and the lower, ground garden level that also makes for car porch. A comfortable living room, compact kitchen and terrace are allocated in the main floor. Between the house basement and the main level, a unique space is crammed in as a transitional level that can be best used for leisure and study spaces.

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Pace of house price deflation picks up at start of the year 3

SpainHouses.netJune 17, 2013June 16, 20133 Comments

The ongoing fall in house prices in Spain accelerated in the first quarter of this year as the housing market remained in a five-year-long slump and as banks sought to offload property on their books.

According to figures released last week by the National Statistics Institute (INE), house prices fell an average 14.3 percent in the period January-March from a year earlier after declining 12.8 percent in the fourth quarter of last year.

New home prices fell 12.8 percent, while the average price of existing homes decreased by 15.3 percent. Prices have now fallen by 39 percent from their peaks toward the end of 2007.

Prices fell across the country, with the biggest drops experienced by the regions of La Rioja (18.0 percent) and Madrid (16.8 percent.)
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Great Penthouse apartment for sale in Fuengirola, Málaga 6

SpainHouses.netJune 14, 2013June 13, 20136 Comments

5 bedrooms, 3 bathrooms, Second Hand, Fuengirola, Málaga

This 5 bedroom penthouse in Torreblanca is a real treat! Luxury all the way from location, views, to furniture and caring for the details. With 400 m2 tumble space, two big terraces, 5 bedrooms, 3 bathrooms and 2 private underground parking spaces, you have everything in place for a comfortable lifestyle. Close to everything, yet very quiet and tranquil.

The spacious 5 bedroom penthouse (two levels) located on a hill in lower Torreblanca. The 5 bedroom penthouse features the finest marble floors, fully fitted kitchen, fitted wardrobes in all bedrooms and lots of storage space in general. From both balconies you find yourself enjoying stunning sea views in all directions, in addition to the lovely garden view below.

From the 5 bedroom penthouse you have walking distance to absolutely everything. Both train station (to Malaga/Fuengirola/Airport), supermarkets, restaurants, cafes, bank, kindergarden, tennis & paddle tennis courts, buses and much more are all within a 5 minutes walk. And lets not forget the terrific blue flag beaches that are only 6-7 minutes away by foot. This is the perfect property for those who want to live with style in central environments!.

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Theatre in Xàtiva, Valencia, Spain by Arquitectos Ayala

SpainHouses.netJune 12, 2013April 2, 2020Leave a comment

When the people form Arquitectos Ayala decided to enter the competition to design the new public theatre in Xàtiva (Valencia), Spain, they ascended the nearby Mont Sant near the old fortress to get a better view of the site.

There, they could see how the avenue Alameda divided the old town from the new, and also marked a significant shift in levels and building heights of around 6m. They knew at that moment that the successful scheme would have to negotiate these level differences and integrate both the old and new towns.

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Buying property for half a million euros will give residence rights

SpainHouses.netJune 10, 2013June 8, 2013Leave a comment

The Council of Ministers has just given the go-ahead to a measure which has been anxiously awaited on the Costa del Sol. Foreigners who buy a property for at least half a million euros will be able to apply for a resident’s permit.

The measure is included in the proposed law of ‘Support for Entrepreneurs and their internationalisation’ , in the section which deals with attracting talent and investment through a new regime of visas and residence permits.

The law, which the government hopes will come into force on January 1st next year, will make it easier for residence permits to be granted for reasons of economic interests “through a quick and easy process and involving just one authority” for those who meet the criteria, according to information which was given to the press after the Cabinet meeting had finished.
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