It is now nearly ten months since new regulations were introduced to ensure that properties which are used as holiday accommodation ...continue reading "More than half of all holiday rental properties in Andalucía are in Malaga province"
Tag: Andalusia
For sale: 3 bedroom house in Granada city with views over the Alhambra
Beautiful home on three levels renovated and decorated to a very high standard.
Arranged around a light filled patio, the house is laid out as follows: ...continue reading "For sale: 3 bedroom house in Granada city with views over the Alhambra"
Looking for a tranquil life in the country? Don’t miss these gorgeous Andalusian estates
Estate for sale in Álora (Málaga province). House: 207 sqm, plot: 6,496 sqm, 5 bedrooms, 2 bathrooms, swimming-pool, gardens
British developers lead the revival of Costa del Sol’s property sector despite the Brexit
The United Kingdom’s decision to leave the European Union in June has not discouraged London-based property developers from investing in Spain. Among the companies looking to establish a presence along the Mediterranean are Round Hill Capital, which has chosen the Costa del Sol as its launch pad into Spain. ...continue reading "British developers lead the revival of Costa del Sol’s property sector despite the Brexit"
Looking forward to living in southern Spain? See these homes rentals in Cádiz
Seven out of ten properties sold to foreigners in Andalucía are located in Málaga province
The Costa del Sol is still the number one choice in Andalucía by a long way when it comes to attracting foreign property buyers.
Between January and July this year, there were 4,978 registered real estate transactions to non-Spanish purchasers in Malaga province, an increase of 16.9% on the same period in 2015.
According to official Spanish government data, this accounts for 70% of the residential properties sold to foreigners throughout the whole of Andalucía.
On a regional level, the number of properties bought by foreigners in Andalucía increased by 18.9% in the first six months of this year. The 5,973 transactions in the same period in 2015 rose to 7,105 sales in 2016.
...continue reading "Seven out of ten properties sold to foreigners in Andalucía are located in Málaga province"
Owners of holiday homes rush to comply with new regulations
Many owners of holiday rental properties are now rushing to register them as tourist accommodation in order to comply with new regulations which come into force on 11 May.
The number of applications to register a property on the ‘Registro de Turismo de Andalucía’ had increased by 705% by the end of April, according to Monsalud Galindo, the regional government’s Tourism delegate in Malaga. Between 1 January and 30 April, there were 1,736 applications to register rental properties, compared with just 246 in the same period of 2015. Next Wednesday is the first day that registration numbers will be assigned, enabling owners to rent their properties legally.
The new decree states that any property in Andalucía must be registered if it is habitually rented out for holidays at a price set by the owner and is marketed through tourism channels such as travel agents or online platforms.
...continue reading "Owners of holiday homes rush to comply with new regulations"
6 Perfect home rentals for your Spanish holidays!
Property sales in Málaga reached in 2015 their highest level since 2008
Figures published by the Spanish Statistics Institute (INE) confirm that market recovery is well under way and that sales activity now lies at levels on a par with those at the start of the crisis.
In Málaga province last year, 24,705 properties were sold, the highest figure since 2008. 2015 saw an increase of 11 per cent in sales and was the third consecutive year of growth. The Málaga property market has been growing since 2013 while national and regional recuperation did not start until 2014.
The rise of 11 per cent for last year in Málaga does, however, mark a slight slow down in recovery when compared to the 14 per cent growth in 2014. But experts point out that this is because high increases are easier when initial figures are very low.
...continue reading "Property sales in Málaga reached in 2015 their highest level since 2008"
Court rulings in Spain create more uncertainty over illegal homes
Three rulings by Spain's Supreme Court have left the owners of more than 16,500 homes built in Marbella since 1986 in legal limbo by declaring planning regulations void.
In a series of decisions, the country's highest court has declared null and void Marbella's urban planning regulations that were passed in 2010 and which legalised thousands of homes constructed since the previous town plans, dating back to 1986, were approved.
In response to appeals against previous Supreme Court of Andalusia rulings, the rulings all arrived at the same conclusions, namely that the Town Council does not have power to retroactively declare legal properties that have been built illegally as that rests with the courts, nor to alter land classifications, nor legal liabilities.
...continue reading "Court rulings in Spain create more uncertainty over illegal homes"