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The Cabinet on Friday approved a reform of the Coast Law extending an amnesty for the owners of beachfront properties that would otherwise have to be demolished.

Owners of properties that were in breach of the current legislation, many of them foreigners, were given a 30-year concession of use that was due to expire in 2018.

IMG 1478 300x225 - Green light to Coast Law reform to save seaside homesThe overhaul of the current law, which has been in place since 1988, also creates a special regime for 11 areas, which will be taken out of the public domain. It also established four-year concessions for beach bars and restaurants.

The surface easement limits, or protection areas, for rivers could be reduced from 100 meters to 20 meters.

The text of the draft reform said the current legislation “has tolerated outcomes that are not acceptable in environmental terms,” adding that “time has consolidated certain situations,” and that the law has “prompted mistrust and uncertainty.”

“The aim of the reform is to avoid the risk of homeowners losing their property rights in the short term, and particularly bearing in mind the difficulties this could create for foreigners,” the text also says.
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4 bedroom detached villa, of a modern construction and beautifully decorated for sale in the popular residential town of Callao Salvaje, in Adeje (Tenerife, Canarias)

Entry is gained to this villa through a contemporary look wooden, glass and metal main door. Once inside you find yourself within a large landing/hallway with metal hand banisters leading downstairs to the garage. In the hallway are doors leading to the kitchen on the left, a visitor’s toilet which includes a hand basin, two bedrooms, a family bathroom and the lounge.

46353 925919 foto 1 300x225 - Beautiful Villa for sale in Adeje (Tenerife)The kitchen is beautiful and fully fitted with all of the latest electrical appliances. There is a large table in the centre of the room with chairs a wall mounted TV, a window in front of the sink, which has views to the mountains above Adeje and the kitchen also benefits from having sliding French doors leading out onto the swimming pool terrace. There are plans to add an island to the kitchen, where the table and chairs currently are and also a breakfast bar on the empty wall to the right as you walk into the kitchen. The breakfast bar and island will be made from the same Silestone as the worktops throughout the rest of the kitchen.
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Skatepark, Concert area, broadband Internet, Modding, Tuning, Modeling, Graffiti, Urban Art, Street Theatre, tightrope walking, circus activities, Video Art, Electronic Music, Acrobatics, Performing Arts, Manga, Parkour, Audiovisual Art, Contemporary Dance, Dance Funk and Hip Hop, Ballroom and MACC (contemporary artistic body manifestations) are the activities that compose the Factory, situated in Mérida (Badajoz).

The building is conceived as a large canopy opened to the whole city to gather anyone who may need to shelter there. This canopy is supported by a series of ovoid plant parts holding different elements of the requested functions, which are treated as independent modules able to be used separately with whole autonomy, regulated and controlled by the direction of the Factory movement. The activities taking place below are covered from rain and sun by the big canopy, acting like a big termical one meter thick cushion, so that there will be no need to use air conditioning.

The roof is understood, and extends, like a light cloud, protective, translucent; constructed with a three-dimensional mesh structure 1 meter thick covering different levels. This canopy will rest on steel columns placed in the perimeter of the supporting ovoid elements up to the highest level, where it joins the Climbing Walls structure made with the same three-dimensional mesh. The whole proposal stands on a basement five feet tall so that the sensitive historical Roman base of the city of Mérida remains untouched.

1309980814 factory selgas cano 5298 - Merida Factory Youth Movement
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Around 56% of British people enquiring about the Spanish property market are actively interested in purchasing opportunities according to a study by Spanish real estate agent Inmoaction with 27% of respondents commenting that they would buy a second home in the country.

680121 619762 1 300x200 - British buyers willing to purchase a second home in SpainResults from the survey of more than 1,500 people highlights that the decline in prices in the Spanish property market is increasingly attracting British buyers looking for a well priced dream home.

‘While the data shows that Brits seem to be showing a great deal of interest in Spanish property, we are seeing this interest translate into action,’ said Marc Pritchard sales and marketing manager of Spanish house builder Taylor Wimpey España.

‘While enquiries by Brits have increased by 5.5% in August this year compared to the same time in 2011, last month saw 53% of all our property sales in August made to British clients,  the strongest sales month to British buyers since September 2010,’ he explained.
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3 bedrooms, 2 bathrooms, Built area 129m2, Swimming-pool, Seaside Resort, Brand New, Luxury property, In Urban Area, In a mountain area, Adapted for disabled

This week we will see a beautiful home in Benalmadena, one of the best spots of the Spanish Costa del Sol, very close to Malaga City and its airport. This spacious ground floor apartment is located in a luxurious urbanization near to the beach. Apart from being elegantly furnished, we would like to highlight its many facilities, such as swimming-pool, gym, garden area, tennis court, etc.

2208118 922433 foto16141532 - Wonderful apartment for sale in Benalmadena (Malaga)
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Spanish architects XPIRAL Architecture created this eclectic house design in their home town of Murcia, Spain. The house features a cantilevered concrete volume that extends across an outdoor entertaining area opening onto the indoors. An unusual metal enclosure of rust and adorned with colored tiles, surrounds the main structure of concrete with a mirrored volume – an unusual feature that gives this home a contemporary style. This interior courtyard house plan welcomes you in with an indoor/outdoor area, while interiors are an attention-grabbing blend of polished floors, raw concrete walls and what appear to be particle-board walls.

eclectic house design concrete steel mirror 1 - Modern Concrete House in Murcia
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The ‘bad bank’ could help save a large number of companies that suffer from the effects of the stagnation on the real estate market in Spain.

For this reason, nobody in the sector wants to let go of this opportunity and everyone is taking positions to be involved in the new entity in one way or the other. Certainly, the state-backed bank rescue fund, the FROB, does not pay much, but little is better than nothing, given the state of the market.

banco de espana 300x225 - Real Estate sector and the bad bankThe last ones to have claimed their participation in the new entity are the developers, which are probably among the most affected by the crisis. Their argument is that they are the ones who really know the market and, for that reason, are the best to evaluate the assets that will be transferred to the bad bank.

“The FROB, or whoever will have the mandate over these assets, must increase the management capacity and for that reason, it must take help from the sector,” said José Manuel Galindo, head of the Association for Developers and Constructors in Spain (APCE).

The real estate assesors also want to participate. The main companies in this sector, such as Tinsa, Sociadad de Tasación and Valmesa, aspire to get hired to assess the assets of the nationalized entities –in principle, only these entities- that will be transferred into the new instrument.
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This fantastic villa is located in Marbella, close to Benahavis, in one of the best areas of the Costa del Sol. It is about ten minutes far away from Estepona, 7 minutes from the famous Puerto Banus in Marbella and five minutes from the beach. There are also supermarkets, restaurants etc.

2532178 921267 foto16078477 e1348559267250 - Luxury villa for sale in Marbella

Beautiful villa built in modern and minimalist style. It is distributed on two floors. It has a spacious lobby lounge with a cosy fireplace, dining room and a large covered terrace of 47.50 m2 with garden and swimming pool. On the second floor there are two large bedrooms with en suite bathrooms, the main one with Jacuzzi included.

This amazing home offers many additional facilities: large dressing room, elevator, air conditioning, heating, electric under floor heating in bathrooms, surveillance cameras and alarm system, etc.
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The Endesa Pavilion, in Barcelona, is an experimental project from the Institute for Advanced Architecture of Catalonia which explores how technology can create architectures that are adaptive to particular environments, and particular conditions.

01 elevation endessa1 300x199 - Endesa Pavilion, Smart City Expo, Barcelona, SpainThe building starts with a simple premiss of a timber box with a grid façade on which modular components can be mounted. From an analysis of the building orientation and latitude, maps of insolation density can be created which allows façade components to be generated whose forms respond to the precise conditions expected at that point on the building. Moving across the façade each component will be different as its form is optimised to best meet the parameters to which it must respond. In this case that means providing shade and generating electricity from PV cells.

The complexity and variety of components generated is not an issue in terms of manufacture or assembly. Each component is CNC cut according to the shape sent to it from the CAD file meaning that infinite variety is possible at virtually no additional cost. Assembly issues are also resolved within the software so that when the components come to site they are pre-drilled and slotted and can be assembled like flat pack furniture. On this building it meant the whole thing could be assembled in a month.
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House prices have fallen by 14.4% in the second quarter of 2012 compared to the same period of 2011, according to the House Price Index (HPI) of the National Statistics Institute (INE). This percentage represents the largest decline in this statistic since it was published in 2008.

829427 629541 2 300x199 - Home prices falling more than everThis reduction in the house prices is almost two points higher than the experience in the first quarter of 2012, when prices fell by 12.6%. Thus, there were already 17 consecutive quarters in which house prices have negative annual rates. Actually, since this 'CPI housing' started in the second quarter of 2008 (-0.3%). Since then, the trend has not been reversed.

The price decline has been general in the country. The largest decreased occurred in Catalonia (16.5%), Madrid (16%), Basque Country (15.6%), La Rioja (15.2%), Balearic Islands and Cantabria (15%), Aragón and Navarra (14.5%).

Below the national average, are the declines in the Canary Islands and Asturias (14.3%), Valencia (14.2%) Castilla y Leon (14%), Andalusia (13.1%), Galicia (12.7 %), Castilla-La Mancha (11.6%), Murcia (11.4%) and Extremadura (7.4%), Ceuta (12.3 %) and Melilla (13.6%).

 

Source: elmundo.es