Spain Real Estate News
NO.MAD architecture studio tried not to disturb the nature's balance while they constructed the Casa Levene en El Escorial in an Lorenzo de El Escorial, (Madrid) Spain. Design for this house is shaped as a lively contemporary manner.
...continue reading "Architecture in Spain: Levene House in El Escorial, Madrid"
The hundreds of thousands of empty homes across Madrid has spawned a black market for cheap housing in which groups illegally break into, and then let, repossessed properties.
Almost all the cases involving the properties, most of which now belong to Spanish banks, are identical, said Vicente Pérez, from a residents group, the Federación Regional de Asociaciones de Vecinos de Madrid.
While prices vary greatly, it generally costs from €1,000 (£830) to €2,000 to "buy" a repossessed property, El País reports. Those who cannot afford the fee can instead choose to rent for a few hundred euros a month. The price often includes electricity, gas and water, and sometimes even heating.
The homes are guaranteed until a judicial process issues an eviction order, said Pérez. That process that could take up to two years.
...continue reading "Empty Homes Spawn Black Housing Market"
3 bedrooms, 3 bathrooms, Built area 230m2, Area useful 180m2, Area terrace 50m2, Swimming-pool, In Urban Area, Malaga province
Great semi-detached house for rent in quiet area of Riviera del Sol, Mijas Costa, in grounds with swimming pool and communal gardens. It consists of 3 bedrooms with 3 bathrooms, fully fitted kitchen, living room with fireplace. It has air conditioning, terrace and private garden. Private parking place. A luxury housing that you can not miss.
The price is 1,200 €/month.
For more information about this property, click on the following link: spainhouses.net
...continue reading "Fantastic Chalet for Rent in Mijas Costa, Malaga"
This Spanish proposal, for a mobile home that is prefabricated and lifted into position, is an elegant exploration of an idea that is well tested, but which has had its ups and downs over the years.
One of the interesting things about this design, known as ÁPH80 and designed by Ábaton Architects, is that the internal spaces do not feel like a caravan. From the exterior the building feels more like a small and abstracted house, than a portable cabin. It looks sculptural and bespoke.
Its relatively abstract design raises the benchmark from an inexpensive way to provide housing, to something more exclusive – say a country weekend retreat, or a writer’s cabin.
...continue reading "Spanish Architecture: Portable House by Ábaton Architects"
House prices in Spain will continue to fall during 2014 and bottom out in 2015 when the demand for housing is likely to improve, according to a new analysis of the nation’s residential real estate market.
The report from Fitch Ratings points out that according to figures from the Housing Department the Spanish house price index (HPI) reached a peak year on year decline of 10% in December 2012 and fell by an additional 2.3% by the third quarter of 2013 which means that overall, the HPI has fallen by almost 30% since the onset of the financial crisis.
Despite the deceleration of house price decline, Fitch predicts that prices will continue to fall during 2014 and bottom out in 2015. It says that the house price decline will be driven by an estimated property overhang of above one million units.
The report also points out that during 2013 banks become increasingly willing to offload retail residential assets at deep discounts. Fitch expects this trend to continue, which, combined with the initiation of the commercial activity by the asset management company SAREB in the middle of 2013, will continue to put significant pressure on house prices.
...continue reading "House Prices Keep Falling in 2014"