Skip to content

2

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.

...continue reading "<!--:en-->Spectacular Estate for Sale in Colmenar (Málaga)<!--:-->"

1

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.

...continue reading "<!--:en-->Detached Villa with lots of Possibilities<!--:-->"

Closing: How to Make Sure Things Go Smoothly

When 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.

...continue reading "<!--:en-->Closing the Deal in Spain<!--:-->"

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. 

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. 

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. 

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.