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Published on Leave a comment on Rental Market Flexibility Law: Debtors’ Register

Via an amendment to the Rental Market Flexibility Law, the Public Works Ministry plans to set up a register of people who have been sentenced for breaching their obligation to pay rent. The idea behind the proposal is to increase the number of homes on the rental market by reassuring owners who might wish to let their properties but fear the possibility of an encounter with tenants who are conflictive or do not pay their dues.

Rental Register - Rental Market Flexibility Law: Debtors' RegisterThe government has suggested that the data on the register would be cleared after six years and that homeowners would only be able to consult the list when they are in the act of drawing up a rental contract.

A debtors’ register is a risky idea, one that sounds simple enough to set up but which in fact is hard to operate with accuracy. First off, there could be difficulties as regards the Data Protection Law unless the appropriate safeguards are introduced to make sure the information remains private and is not published elsewhere.

But the biggest threat in practical terms is that errors on the register are not corrected swiftly so that blameless individuals suffer the effects of doubts over their reputation when they attempt to rent an apartment or apply for a bank loan.
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Published on 5 Comments on Fantastic Penthouse for Sale in Benahavís (Málaga)

2 bedrooms, Built area 261m2, Area useful 129m2, Area terrace 132m2, Swimming-pool, Seaside Resort, Brand New, Luxury property, In Urban Area, On golf course

This fantastic penthouse is situated in the lovely southern town of Behanavis, in the famous Costa del Sol (Málaga). It is impeccably decorated with high-qualities furniture and facilities. Modern and minimalist style, do not miss it!

984384 619762 1 - Fantastic Penthouse for Sale in Benahavís (Málaga)

984384 619762 2 - Fantastic Penthouse for Sale in Benahavís (Málaga)
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Published on Leave a comment on Architecture: El Mirador de Sanchinarro, Madrid

This 22 level building, called Mirador, is located in Sanchinarro, a residential suburb on the north east edge of Madrid surrounded by highways and with views towards the Guadarrama Mountains. The most impressive element of the building is the incredible gap of it shape, which acts as a frame for the distant landscape. The large communal plaza and lookout at 40 m above the ground is meant to be used by the neighborhood as a meeting area and playground. The Mirador contains a wide variety of compact housing types, in total 156 units. The architects created a distinctive silhouette by grouping nine blocks. The articulation of these blocks is apparent in the exterior palette, equal parts stone, concrete and tile. The strips of red indicate the corridors. The way the nine blocks are stacked and glued together, they make up a new towering impressive 'superblock' (MVRDV). Blanca Lleó asociados from Madrid were responsible for directing the works.

El mirador de Sanchinarro - Architecture: El Mirador de Sanchinarro, Madrid
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Published on Leave a comment on Mortgage market still languishing in the doldrums

The number of home loans granted by banks in November of last year fell for the 31st month in a row, with the pace of the decline accelerating, according to figures released Monday by the National Statistics Institute (INE).

773829 1317272 1 300x225 - Mortgage market still languishing in the doldrumsThe INE said the number of mortgages awarded dropped 31.6 percent in the penultimate month of last year to only 19,115. That was just above the lowest figure ever recorded, which was the previous month when they declined 14.4 percent to 19,105.

The average mortgage granted in November dropped 4 percent from a year earlier to 105,216 euros.

In the first 11 months of the year, the number of home loans awarded by banks fell 33.1 percent from the same period a year earlier, while the total amount of credit granted declined 38.5 percent.

With over a quarter of the population out of work, demand for mortgages has been muted, while credit conditions have tightened significantly. According to Public Works Ministry figures, house prices have fallen by 27.1 percent from their peaks at the start of 2008 when a decade-long property boom started to unravel. However, the falls have been insufficient to run down a huge pile of unsold housing built up during the boom.

Tax incentives to buy the family home have also been removed as a result of the government’s austerity drive.

Via: elpais.com

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Published on 2 Comments on Colorful home with great views to the sea in Estepona (Málaga)

6 bedrooms, 6 bathrooms, Built area 399m2, Swimming-pool, Resale

Originally listed at €925,000 and recently reduced to €830,000 to achieve a quick sale.

This elegant end-of-terrace townhouse is located in Estepona (Málaga), frontline on a small development, directly overlooking the port and marina, and with views across the sea to the Rock of Gibraltar and the coast of North Africa. Particularly spacious, the 4-storey property extends over 400m2 with a separate apartment. Stylishly decorated by Kensington Interiors and featured in Casa Vogue, it is the perfect family home and is ideal for all age groups.

Nearest beach: 2 minutes on foot. Nearest restaurant: 1 minute on foot.

46353 956171 foto 1 - Colorful home with great views to the sea in Estepona (Málaga)

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Published on Leave a comment on La Llotja theatre and conference centre Lleida, Spain

The mountain with its historic cathedral Seu Vella and the Segre River marks the high point and low point of Lleida (Lerida), the second city of Catolonia, following Barcelona. La Llotja theatre and conference center sits on the banks of the Segre, somewhat outside the centre of the city. Mecanoo’s design interprets the landscape of Lleida as the exciting scenery before which the building has been placed, somewhat further from the river. The mise-en-scène is elaborated on three levels of scale. Regarded from the large scale of the region, the building forms a link between the river and the mountain. Viewed from the urban scale, La Llotja and the river form a balanced composition. At street level the cantilevers of La Llotja de Lleida provide protection from sun and rain.

124 - La Llotja theatre and conference centre Lleida, Spain

510 - La Llotja theatre and conference centre Lleida, Spain
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Published on Leave a comment on Ibiza and Mallorca bucking the trend in Spanish property market

The worst appears to be over for the top end of the property market in Spain’s Balearic islands with demand increasing especially from wealthy overseas buyers.

Americans, Russians and Chinese buyers are increasingly attracted to the lifestyle offered on Mallorca and Ibiza.

Ibiza 300x210 - Ibiza and Mallorca bucking the trend in Spanish property marketThroughout the property downturn demand for holiday homes in Mallorca has remained high, largely due to the mix of nationalities involved. The island is two hours flying time from most northern European cities and more than 80% of buyers in Mallorca are not Spanish. Properties on the island are also popular with Germans, Austrians, Swiss and buyers from Scandinavia.

Overseas buyers are attracted by the pretty inland villages, beautiful coves, marinas and beaches, imposing mountain ranges and 24 golf courses. Upmarket design is also helping to attract buyers. The Philippe Starck designed superyacht marina Port Adriano, Nikki Beach and Jumeirah Port Soller Hotel and Spa all opened in 2012.
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Published on 4 Comments on Ideal Duplex for sale in Barcelona City Centre

2 bedrooms, 2 bathrooms, Resale

Amazing duplex with terrace in Plaza Catalunya, Barcelona.
This property is an upscale penthouse with a splendid terrace. Recently refurbished has great detail and excellent finishes. The location is unbeatable. An investment forever. The terrace overlooking Plaza Catalunya is a luxury available to very few.

692757 821032 foto 1 - Ideal Duplex for sale in Barcelona City Centre

692757 821032 foto 2 - Ideal Duplex for sale in Barcelona City Centre
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Published on 1 Comment on Architecture: Tenerife Auditorium, Canary Islands

The Tenerife Auditorium, in Canary Islands, is the creation of architect Santiago Calatrava. This impressive piece of architecture has a huge sculptural impact and it is well known as a unique landmark.

It offers its visitors the opportunity to admire the architecture as well as being able to enjoy the other natural attractions, such as the sea and mountain ranges that form part of the ancient Anaga Mountains.

The auditorium has tiered platforms that overspill onto the stunning curved area of the Symphonic Hall. This is surrounded by an impressive wing, suspended at 50 metres giving the sensation of movement and flexibility as though it were animated.

In addition to being an architectural masterpiece the Tenerife Auditorium also offers a wide variety of programmes that can be viewed on their official website.

The variety of contemporary programmes, such as Tenerife Dance Music, Atlantic Jazz and World Music complement the more classical style of the Tenerife Philharmonic Orchestra, Opera and the Festival of Canarian Music.

The Tenerife Auditorium is finished in stunning white, which gives huge visual impact. The interior is equally impressive with its unusual open spaces and modern curved architecture that attract the eye in particular due to its wealth of silhouettes and complex structures.

1 - Architecture: Tenerife Auditorium, Canary Islands
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Published on Leave a comment on Decree to make properties legal still has no effect in La Axarquía

Decree 2/2012 of the Junta de Andalucía, which aims to regulate buildings which exist on land which is not classified for riogordo axarquia 300x225 - Decree to make properties legal still has no effect in La Axarquíaconstruction, is failing to convince the owners of illegal properties in the countryside of La Axarquía region. In fact, ten months after the new regulations came into force, their effect has been practically non-existent as the majority of owners of illegal houses have not applied for them to be made legal. Nor are the local councils playing their part. Very few of them have drawn up the report on illegal settlements which will help in making the properties legal.

This is a document which is required by the decree, which stipulates that in the absence of an Urban Plan the Town Halls should supply details of their future planning, to identify the places which have a high concentration of buildings on land not zoned for construction. Nor have most of the councils drawn up the regulations about minimum conditions of habitation and sanitation with which all illegal properties will have to comply.
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