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Tag: Costa del Sol

Published on Leave a comment on 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.

40808693 1777870 foto 122426 300x225 - Owners of holiday homes rush to comply with new regulationsThe 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.
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Published on Leave a comment on Prince’s former Marbella mansion on sale for €5.25 million

Prince discovered the charms of Marbella in the summer of 1990, during a tour of Spain. Six years later, when he married his first wife, Puerto Rican dancer and singer Mayte García, he bought her a 900-square-meter villa set amid 6,000 square meters of grounds, nestling in the hills overlooking the Mediterranean resort.

1. Prince’s former Marbella mansion 1 - Prince’s former Marbella mansion on sale for €5.25 million
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Published on Leave a comment on The necessity to start building new housing developments on the Costa del Sol

Experts are warning that construction needs to start again in certain towns in Malaga province, especially Marbella, where the stock of new housing for second homes is now down to a minimum level.

Puerto Banús Marbella 1 300x225 - The necessity to start building new housing developments on the Costa del SolThe professionals also say that in other places, such as Malaga city, Benalmádena and Torremolinos, it will be necessary to start building properties again within the next two years, before the stock there runs out.

These are just some of the conclusions in the Tinsa valuation company’s latest report on housing in Spanish coastal areas in 2015, which has just been issued.

The harshest years of the crisis left behind them large pockets of housing in many coastal regions of Spain and these were difficult to sell in such a slow market. In some areas, though, the situation is now very different. In Malaga province, for example, the Tinsa report points out that Marbella and Benahavís are exceptional because they are now in a situation of ‘recovery’.
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Published on Leave a comment on Property sales in Spain reach three year high

Residential property sales in Spain increased in May to their highest level for three years, according to the latest official figures.

Mijas 300x199 - Property sales in Spain reach three year highBut there is an ongoing collapse in new home sales, the data from the National Institute of Statistics (INE) shows.

Overall there were 26,455 homes sale in May, up 5% on last year and 11% on the year before that. But a breakdown of the figures shows that the increase came from the resale market, up 34% over 12 months, whilst new home sales fell 42% to just over 6,000.

The overall picture is one of a recovery in demand for property in all areas where foreigners tend to buy, but with the market hamstring being a lack of attractive new homes for sale.

However this could be about to change. Demand is growing for new homes in Marbella, for example, and developers are building again.
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Published on Leave a comment on Detached Villa for Sale in Mijas Costa (Málaga)

Mijas Costa, Malaga, 4 bedrooms, 3 bathrooms, Lot 800m2, Built area 300m2, useful area 280m2, Swimming-pool, Seaside Resort, Second Hand, Luxury property, garage for 2 cars, laundry and storage room, A/C, double glazing, wifi, light-filled: facing south and west, €560,000

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3. Detached villa for sale in Mijas Costa Málaga - Detached Villa for Sale in Mijas Costa (Málaga)
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Published on Leave a comment on 10 Houses for Sale Under 200,000 € in Málaga, Costa del Sol!

1. Detached villa for sale in Benahavís (Málaga)
2 bedrooms, 2 bathrooms, Built area 150m2, Swimming-pool, Brand New, 190,000 €

2072605 1626472 foto 839337 - 10 Houses for Sale Under 200,000 € in Málaga, Costa del Sol!
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Published on 2 Comments on Fabulous Holiday Rental Villa in Nerja (Málaga)

The Almachares, Nerja (Málaga), 7 bedrooms, 4 bathrooms, Swimming-pool, Seaside Resort, In Rural Area

Located at a short distance from Nerja, in a peaceful place, we find this pretty villa.

1. Holiday rental villa in Nerja - Fabulous Holiday Rental Villa in Nerja (Málaga)

Click on the following link to see more information about this property: SpainHouses.net
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Published on Leave a comment on The surge of interest in land purchasing and development projects

For the first time in years, the Costa del Sol is beginning to see a new wave of development projects. The renewed confidence that investors have in Marbella’s property market is becoming apparent. Not only can it be seen in the appearance of cranes and billboard adverts overhead, but in the growing demand for land, particularly good plots in the best locations with the best views. This is becoming the Costa’s new luxury product.

Marbella copia - The surge of interest in land purchasing and development projects
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Published on Leave a comment on Detached villa for sale in Manilva, Málaga, charms with its stunning views

Manilva (Málaga), 3 bedrooms, 2 bathrooms, useful area 200m2, terrace 100m2, Swimming-pool, Seaside Resort, Second Hand, Luxury property, Residential Zone

This dream home is situated in the Costa del Sol town of Manilva, just 35 minutes far away from Marbella, in a residential area next to the beach, with unbeatable views to the Mediterranean sea. South-facing and, therefore, light-filled, features a modern style decoration, minimalist and very elegant. A real paradise, perfect for golf lovers, a few minutes from Sotogrande and the prestigious golf course 'Valderrama'.

It is up in the market for 450,000 €.

1. Villa for sale in Manilva Málaga - Detached villa for sale in Manilva, Málaga, charms with its stunning views
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Published on Leave a comment on Significant increase of housing purchases by foreigners in Málaga province

Residential tourism on the Costa del Sol is recovering from the crisis which hit after the real estate bubble burst in 2008. The increase in sales of properties to foreign buyers is now a fact. Figures for the first six months of this year show that the number of transactions carried out by non residents has exceeded those in 2007, the year before the property market went 46353 1415193 foto 025915 300x225 - Significant increase of housing purchases by foreigners in Málaga provinceinto depression. The president of the Costa del Sol Tourist Board, Elías Bendodo, and José Prado of the Association of Constructors and Developers of Malaga, report that between January and June 4,739 properties in the province were bought by foreigners. This is considerably higher than the 3,506 in the first half of 2007 and is even 45 per cent higher than in the same period of last year.

One result of the positive news is that the Tourist Board and Constructors’ Association are continuing with their ‘Living Costa del Sol’ project which aims to reduce the stock of unsold housing in the area, as it is believed to have contributed to the positive figures.
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