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Cañadas Park will enhance the urban districts of Pliego, one of the best places of the seventh largest province in Spain, Murcia, to live in.

pliego 300x225 - Small Town of Pliego, Murcia. A quite Sunny Place to Live InMurcia is the seventh largest province in Spain. In recent years, there has been a great development on Architecture, mostly orientated towards the construction of parks and open spaces. This architectural project we are presenting you today is called Cañadas Park.

The project started with ideas competition developed by Pliego City Council in collaboration with the Ministries of Public Works and Planning and the Ministry of Presidency and Public Administration of the Region of Murcia.

The small town of Pliego is in the northwest of the province of Murcia, 42 kilometers away from the city of Murcia. The village of Pliego has an urban design characteristic of Islamic rural farmhouses. As a result we have an urban sinuous and disorganized, whose logic is based on its own orographic.

The area is in the highest part of Pliego, between the urban districts of the village and the Sierra Espuña National Park. This project tries to link the new growth areas with the Sierra Espuña National Park.

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House of the week: Vacational rental chalet in Alcúdia (Baleares)

alcudia1 150x150 - Vacational resort in Alcudia, Mallorca.This week we're taking you to Alcúdia, a historic town with Roman and Moorish influences located in Mallorca, Balearic Islands. This modern resort is centre of the most buoyant tourism; world-wide known night parties and relaxing, quite days surrounded by a Hippie atmosphere. What we've liked the most of this particular property is its swimming pool with lightning at the bottom of the pool.

4 bedrooms, 2 bathrooms, 160 m2, Swimming-pool, 2nd Row from the Sea, Furnished, Gardens.

If you wish to gather more information in regards to this property, clic here.

Seasons Date Prices
  From To Day Week-end Week Fortnight Month
Abril 01/04 30/04 -- -- 895,00 -- --
Mayo y octubre 01/05 31/05 -- -- 990,00 -- --
Junio y Septiembre 01/06 30/06 -- -- 1. 300,00 -- --
Julio y Agosto 01/07 31/08 -- -- 1. 750,00 -- --
Junio y Septiembre 01/09 30/09 -- -- 1. 300,00 -- --
Mayo y octubre 01/10 31/10 -- -- 990,00 -- --

803957 49494 1 - Vacational resort in Alcudia, Mallorca.
 

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Four things you need to consider when buying a property in Spain

house - Buying a House in SpainBuying a house is no easy task, let aside completing the transaction in an unknown country. Here are some tips to help handle the situation correctly:

1. Expenses: You need to take into account unavoidable extra expenses when buying a house in Spain. These include the services of legal advisors, translators, taxes, possible mortgage expenses and, most importantly, the services of a notary. The notario is the person responsible for drawing up the deeds (escritura), the tax due (registro catastral) and the registration of the names of the new owners in the Spanish property register (registro de la propiedad). and tax register (registro catastral); he charges fees to the vendor and purchaser, according to a fee schedule set by the government.

2. Translators: Contact a local translation company and pay for your own translator.

3. Exchange rate: If you want to avoid having to check exchange rates daily, consider paying for the services of a professional exchange company that can get the best deal for you however you want to pay.

4. Legal advice: Take care and get legal advice before signing any documents. In the case the construction of the property has not been started  at the moment you buy it, you will need to get proof of planning permission and plans of the property itself. 

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 Bilbao is home for one the great architectural works of Santiago Calatrava

calatrava head - Zubizuri Bridge in Bilbao by Santiago CalatravaThis graceful curving glass-decked footbridge, called as "Puente del Campo Volantin" or "Zubizuri", is one of the greatest designs of Santiago Calatrava. A short walk along the river from the Guggenheim Bilbao by Frank Gehry.

"As in many other designs by Santiago Calatrava, an apparent disequilibrium or rather a sense of frozen movement is heightened by the lightness of the structure".- said Philip Jodidio.

Calatrava's early career was largely dedicated to bridges and train stations, with designs that elevated the status of civil engineering projects to new heights. His Montjuic Communications Tower in Barcelona in the heart of the 1992 Olympics site, as well as the Allen Lambert Galleria in Toronto, Canada, were important works and turning points in his career, leading to a wide range of commissions.

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The House of the Week: Vacational rental villa in Alhaurín de la Torre (Málaga)

This week we're taking you to the South of Spain. A wonderful large villa  a few minutes by car from the Sun Coast beaches.

Los Molineros

4 bedrooms, 4 bathrooms, Area Lot 12,000 m2, Built area 330 m2, Swimming-pool, Luxury property, In Rural Area, In a mountain area

Beautiful Finca in quiet and well communicated, with great views and Plot with garden, olive trees, swimming pool and several terraces. 3 bedrooms, 2 bathrooms, toilet, kitchen furnished , A/A, dining lounge of 70 m² with fireplace. Studio with bath and kitchen.

Fully furnished.
Beautiful Finca in quiet and well communicated, with great views and Plot with garden, olive trees, swimming pool and several terraces. 3 bedrooms, 2 bathrooms, toilet, kitchen furnished , A/A, dining lounge of 70 m² with fireplace. Studio with bath and kitchen.

Fully furnished.

799925 46902 1 - Southern Taste in the Sun Coast
 

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Millionaires choose Spain for holiday homes. Top cities: Mallorca, Marbella, Madrid and Barcelona

Pollenca 300x199 - Spain Amongst the Most Attractive Places to Buy a Holiday HomeThe Wealth Report published by Knight Frank and the City Private Bank highlights Spain as one of the most attractive places, amongst the wealthy, to buy a home in which to spend their holidays.

The study distinguishes between the options for investing in second homes among wealthy Americans, Latin Americans, Europeans (including Russians), Africans, Arabs and Asians.

Among the world’s wealthiest, Spain comes out as the fourth preferred country to buy a holiday home in, after the United States, the UK and France. Among Latin America’s richest, Spain is the second favourite, only behind the United States, and the fourth best destination for European millionaires’ holiday investments, after the UK, France and the United States.

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Rehabilitation of Former Prison of Palencia as Cultural Civic​ Center / Exit Architects

palencia5 261x300 - From Prison to Cultural Civic Center. In Palencia, SpainRemodelling this "neomudéjar" style prison must have been a tough enterprise. Its grey walls and shadowy passageways have turned in a widely open building. "The former Palencia Provincial Prison complex was created at the end of the XIX century", writes Victoria King for Arch Daily, "built with brick bearing walls following the “neomudéjar” style, and composed mainly of four two-storey wings and some other with one storey. On this building was planned a comprehensive refurbishment to transform the former use and convert it into a center that promotes the social and cultural activity in this part of the town".

As architects  Ángel Sevillano and José Mª Tabuyo, from Exit Architects, say: "Our proposal intends to convert the former prison into a meeting place, recovering some of the old spaces, and creating at the same time new structures that make possible the new planned activities. It is a project that respects the existing building, which is given a contemporary, lighter appearance, and where the natural light will play a key role".

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Marbella sees an increase in applications for opening licences

marbella - Commercial activity grows in MarbellaAccording to an article published in Sur In English.com, a total of 88 applicantions for opening licences were processed in Marbella between December 2011 and January 2012, 70 per cent were for new premises and the remaninder for businesses which had undergone a change in ownership. This shows that, in spite of the economical crisis, Marbella is still a safe value.

This figure is 50 per cent higher than in the same period of the previous year, the Town Hall’s Commerce department confirmed. “What this reveals is that the small business sector remains active in Marbella. Even though many businesses have been forced to cease trading, almost immediately another one opens up, either in the same premises or somewhere else", says the councillor José Eduardo Díaz.
 

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The House of the Week: Vacational rental apartment in Puerto Banús (Málaga)

Our choice this week is  luxury property in Puerto Banús. Details follow:

2 bedrooms, 2 bathrooms, Swimming-pool, 2nd Row from the Sea, Luxury property, In Urban Area

Fantastic apartment with two bedrooms and two bathrooms. Large terrace with views to the garden and the swimming-pools. The whole apt was refurbished and all is new. Fully equipped, satellite T. V., DVD, washing machine and tumble drier etc. The price is per week for spring and autumn and for July is 1,800 and August 2,000 euros per week.

848 42385 plano1641051 - Vacational rental apartment in Puerto Banús

 

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The Spanish government is trying to put the country mortgage market back on track, and it is forcing takeovers and mergers to accelerate the change.

Banco Sabadell acquired CAM bank for €1 in December 2011 and BBVA acquired Unnim bank for the same price this month, and Catalunya’s CaixaBank has purchased Banca Cívica, becoming the leading financial institution in Spain in terms of assets.

Although Spain did not have official subprime mortgages as the United States, in the late 2000s it did fall into unrealistic mortgages, which consequences nowadays are banks having to repossess a meaningful number of properties, converting them in enormous real estate owners with no buyers.

‘As the property market in Spain boomed, many banks took a naive approach to lending money and they are suffering for it now. Whilst the UK has various checks and balances in place to prevent the recurrence of scandals such as the endowment mortgage mis-selling of the 1980s and 1990s, Spain has yet to get a watertight grip of its financial products although Rajoy is making huge strides,’ explained Marc Elliott, independent mortgage consultant and owner of Fluent Finance Abroad.

Mortgage 300x224 - Changes in the Spanish property lending market

‘Deals such as those seen in the past are either non existent or hard to find but if you have a good income and clean credit history the banks will lend. Certain banks did not fall into the reckless subprime trap and are lending pretty much as they were prior to the credit crunch,’ he pointed out.

‘If you are a first time buyer and you don’t have a large cash deposit then it might be wise to consider a bank property. If you have a sizeable deposit at your fingertips it would probably be better to look at the traditional real estate market as these properties tend to be slightly better value for money,’ said Elliott.

‘At the moment banks are looking to get the best price possible for their properties to try and recoup the original funds that were lent, they do this is by slightly inflating asking prices and offering excellent finance terms such as little or no money down deals,’ he added.

‘Always speak to more than one mortgage consultant to make sure you are satisfied that you are getting the best person to represent your interests. If anyone suggests that obtaining mortgage finance in Spain is easy, they are not being completely truthful,’ said Elliott.

Source: Property Wire

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