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Lets see today this fantastic country estate in Colmenar

6 Bedrooms, 5 bathrooms, Area Lot 600,000 m2, Built area 855 m2, Area useful 644 m2, Area Terrace 230 m2, Swimming-pool, Resale, in rural area

Ideal for rural hotel or a loving family of the field-historical farmhouse renovated with more than 60 hectares of soil occupied mainly by olive, fig and almond. The house dates back to the 18th century and it is full of history.

It has been carefully restored by its current owners. The distribution is: hall with guest toilet and a large closet. Kitchen with space for breakfast and wood stove. Rustic style kitchen with modern facilities: dishwasher, refrigerator/freezer and clay oven to make home-made bread. Lobby of double internal height and with original wooden beams. An interesting feature is the tank of wine, which dates back to when the estate was producing wine. Room TV with large fireplace and wood stove burner. Separate dining room. Wide living room (with old wine shop), with large windows offering open views. Fitness centre with a large indoor swimming pool with jacuzzi and sauna. Bedrooms on ground floor with access to a terrace, bathrooms in suite and dressing room.

On the 1st floor there is a gallery a 'chill out' sitting room overlooking the main lobby. The main bedroom has a French balcony. Bed with canopy and great dressing room along with a quarter-bathroom with bathtub cast iron, large shower and toilet cabin. There are 3 bedrooms on the same floor with bathrooms and an ideal bedroom for teenager with bathroom en suite, a second bedroom or living room / study next. Outdoor swimming pool and an indoor jacuzzi and gym.

821317 52724 110 - Spectacular Estate for Sale in Colmenar (Málaga)

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House of the Week: Detached villa for sale in Calpe (Alicante)

This week, we've chosen a detached villa in Alicante, Calpe. It's a beautiful detached villa which seems to be located on top of a hill over-viewing the sea.

5 bedrooms, 3 bathrooms, Area Lot 1,500 m2, Built area 355 m2, Area useful 300 m2, Swimming-pool, Seaside Resort, Resale, In Urban Area

Unique villa with amazing sea views, very near the top of the mountain, also includes a second plot to build an extension or a second house. The main house is devided into 3 independent apartments, great privacy, garage and parking place. Central heating.

27625 174707 foto3868186 - Detached Villa with lots of Possibilities

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Closing: How to Make Sure Things Go Smoothly

closing 300x225 - Closing the Deal in SpainWhen you buy a house or an apartment, there are several steps: You decide how much money you can spend; find a property you like; make an offer; negotiate an acceptance; sign a contract; line up your financing, and then close on the property.

So, in some sense closing is what you’re working towards. It’s the point where you sign the papers that make the home legally yours, and it’s usually when you get the keys.

Let’s take a look at key tips when closing:

1. Legal advice: Take care and get legal advice before signing any documents. A lot of property in Spain is sold before building has even started, in which case you will need to get proof of planning permission and plans of the property itself, and often foreign people sign contracts thinking they are expressing a formal interest in building plans whereas in fact they are legally binding themselves to a house sale.

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According to an article reading in El País, the government may inject public funds into the banking system if this is necessary to save the banking system. 

Euro 300x216 - New Push to Uphold Spanish Banks

The government had guaranteed not to give money to the banking industry which is struggling in the wake of a collapsing ten years of housing boom.

"If it was necessary to reactivate credit, to save the Spanish financial system, I wouldn't rule out injecting public funds, like all European countries have done," Mr. Rajoy said in interview with Onda Cero radio stations.

On the other hand, an official at Spain's finance ministry said measures that are expected to be approved by the cabinet on Friday will include guidelines to remove impaired real-estate assets from banks' balance sheets.

The segregation of toxic assets is seen as key to completing the clean up and calming investors.

The Spanish finance ministry official explained that the government and central bank are studying a specific cleanup plan for Bankia SA and Banco Financiero y de Ahorros SA, which could include a total change of their management. Newspaper El País said Monday the government also plans an injection of state funds via convertible bonds with a rate of about 8 per cent.

Sources: El País, Wall Street Journal. 

Seville Parque de la Música. Architecture project by Costa Fierros Arquitectos - Sara Tavares Costa, Pablo Díaz-Fierros

32,487 square metres of a a unique urban renovation linked to Sevilla Underground infrastructure works, initiated in January 2009.

According to Arch Daily, this new Parque de la Música creates a new landscape to enjoy a walk around it or have a rest in the designated areas of the park, and the continuity of the different urban itineraries, making them more convenient and accessible for everybody.There is a dual purpose: a more cohesive city, regenerated and with better internal connections, and providing a more human and better quality outdoor space and therefore better quality of life for their inhabitants.

The park is organized along a North-South promenade that reaches the station level with a gentle slope. Other transversal circulations connect the main promenade with the surrounding streets and plazas.

seville park - Parque de la Música in Seville

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The House of the Week: Basement flat for sale in Ses Salines (Baleares)

The house we have chosen this week fulfills our requirements for a good house: light, open spaces and good views. Colonia Sant Jordi, in Balearics, is a haven from the hectic Balearics night life. It would feel like a dream living here.

Colonia Sant Jordi

3 bedrooms, 2 bathrooms, Built area 147 m2, Resale

The homes of Es Moll des Trenc have been designed by and for you. With an innovative design, they have been made with top-quality materials: Macael white marble floors, installation of air-conditioning by a conduit system, bathrooms tiled in white marble, aluminium carpentry and double glazing with chamber, Mallorcan blinds in aluminium in the bedrooms, interior doors and cupboards lacquered in white, furnished and fully-equipped kitchen.

56785 812375 foto 1 - Ses Salines Tastes to Mojitos at Noon and Terrace Dinner

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The cost of buying property in the Canaries fell by 9.8 per cent while Balearic Islands prices grow up

islas baleares ibiza 300x203 - Balearics Keeps Property Prices UpAccording to recent data, demand for Real Estate in Spain's Balearic Islands is growing strong. Many people who choose to buy a property in Spain's Balearic Islands do so because of the aspirational nature of the archipelago.

Despite the Balearic Islands' appeal to overseas buyers, the value of homes in the archipelago - and on the Canary Islands - has fallen during the economic crisis that has hit Spain and other European nations.

The most recent figures published by Tinsa revealed the cost of buying a property in either the Canaries or Balearics fell by 9.8 per cent between March 2012 and the same month a year earlier. However, this is still below the average national decline of 11.5 per cent during the same period. 

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The House of the Week: Detached house for sale in Sant Josep de sa Talaia (Baleares)

The best houses to buy are those with open spaces and astonishing views. Let us introduce you this fantastic property with mouth dropping views.

Cala Bassa

Very charming house in perfect condition, located in a beautiful area very close to the beaches of Cala Bassa Cala Conta, and 10 minutes to San Jose and to San Antonio, nice seaviews and sunsetview, Mainhouse: 2 bedrooms with 2 bathrooms en suite, spacy livingroom-diningroom with fireplace, totally equipped kitchen.

Individual apartment of ca. 30 m2 1 living-bedroom, equipped kitchen, bathroom, private terrace, spacy veranda, roofterrace, big pool terrace with pool house to chill out with sittingarea, nice well maintained botanical garden, the whole plot of 1200 m2 is fenced with walls, cellar with laundry and a safty.

sant josep - Mouth Dropping Views in Cala Bassa

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Home mortgages fell 47.1 per cent, 22 consecutive months of decline 

Spanish Mortgages 300x199 - Spain Mortgages Biggest Drop Since 2004The number of home mortgages fell 47.1 per cent in February over the same month last year. This is the biggest drop since the statistics published in 2004. With 26,415 credit arrangements, this indicator marks 22 consecutive months of decline year-on-year, according to data released on Tuesday from the National Statistics Institute.

The drop in the number of mortgages granted on residential property was 9.4 per cent compared to January. The average loan amount was 104,868 euros, which is 14.6 per cent less than a year ago and 2.2 per cent less than the previous month. Cancellation of mortgages fell by 16.6 per cent.

The decline in mortgages registered on a property (total loans including rural properties, urban farms and houses) was 42.4 per cent, and the average loan amount came to 112,179, which is 12.5 per cent less than the year before. Changes in mortgage registrations reached 32,588, an increase of 4.8 per cent.

Changes on Interest Rates

24.9 of mortgages changed their interest rates. The percentage of fixed-rate loans fell after the change in conditions (from 9.3 per cent to 4.1 per cent of the total) since most of these loans were referenced to a variable interest rate.

All communities in February showed negative year-on-year variations in the constitution of mortgages, especially La Rioja (-70.8 per cent). Basque Country registered the highest average amount mortgaged, with 169,482 euros, followed by Madrid (153,671 euros).