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Spanish House Prices Keep Falling 2

SpainHouses.netDecember 17, 2012December 16, 20122 Comments

Spanish house prices fell by the most in the third quarter of this year since a massive property bubble burst around the start of 2008, according to figures released Friday by the National Statistics Institute (INE).

The INE said prices declined 15.2 percent in the period July-September from a year earlier after declining 14.4 percent in the previous three months. Prices have now fallen for the past 18 quarters, with the pace of the falls accelerating over the past year. Prices in the third quarter of last year were down 7.4 percent, eased 11.2 percent the following quarter and dropped 12.6 percent in the first quarter of this year.

The average price of existing homes declined an annual 16.4 percent, while the price of new homes dropped 13.6 percent. Prices fell in all of the Spanish regions, with the biggest fall experienced by Madrid where they declined 17.9 percent, followed by Asturias where they dropped 17.5 percent.

Home sales have picked up in the past few months in anticipation of an increase in the value-added tax rate on new housing to 10 percent from four percent at the start of next year, when the government will also remove tax breaks for mortgage payments on the main home.

However, demand for housing remains conditioned by an unemployment rate of over 25 percent and by tight credit.

Via: elpais.com

Terraced house for sale in Benalmádena (Málaga)

SpainHouses.netNovember 9, 2012March 31, 2020Leave a comment

4 bedrooms, 3 bathrooms, Area Lot 54m2, Built area 308m2, Area useful 179m2, Seaside Resort, Resale, In Rural Area

Nice new construction townhouse in Benalmádena (Málaga, Spain). Ready to be used, luxury decoration, located in an easy access complex next to all services you need and to the highway. Nice views to the sea. 50 m2 private garden. Communal garden and swimming pool. Next to Sport Club & Spa. Where you can enjoy paddle and tennis court, inside and outside swimming pool, restaurant and snack-bar, gym and wonderful SPA centre where you can relax and enjoy the healthy and beauty treatment.

See all the info about the home clicking here.

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Minimalist Home in Ibiza (Spain) 3

SpainHouses.netNovember 7, 2012November 12, 20123 Comments

Stuning oceanic views from the expansive deck and terrace are not the only appealing traits of the Dupli Dos house located in Ibiza, Spain.

This contemporary home maintains typical modern design features with clean lines, and neutral color tones. A refreshing outdoor pool and multilevel deck create a tranquil atmosphere ideal for enjoying the salty sea breeze.

Inside, a floating bed of spacious white rooms are accented with bold textures and rustic metal and wood. Hints of traditional Spanish roots are found spread throughout this luxury estate and planar overhangs provide shade to retreat from the sun.

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New Rustic Style in this House for sale in Balearic Islands 1

SpainHouses.netOctober 26, 2012March 31, 20201 Comment

Santanyi (Balearic Islands), 3 bedrooms, 2 bathrooms, Area Lot 262m2, Built area 319m2, Resale

URGENT SALE! A newly renovated magnificent stylish town house: A blend of modern and rustic elements, thanks to the composition of noble materials such as stone, wood, iron and ceramics. It offers all the amenities and luxuries you look for. Centrally located in a quiet street it is perfect for lovers of the Mallorcan lifestyle. The sunny courtyard provides a rich vegetation that is reflecting the orange light of the house. It has 3 spacious bedrooms, 2 bathrooms, 2 guest toilets, dressing room, an office with fireplace (could be used as an additional bedroom), large living area with bodega and panorama view overlooking the patio, living room with fireplace, fully equipped luxury kitchen. The house shows its own character!.

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Modern Mediterranean Style: Villa in Sotogrande, Cádiz 3

SpainHouses.netOctober 19, 2012October 24, 20123 Comments

4 bedrooms, 4 bathrooms, Area Lot 884m2, Built area 468m2, Swimming-pool, Resale, Sotogrande, Cádiz

Las Cimas de Almenara is a gated and guarded community with first class communal facilities. Las Cimas II is made up of 18 houses that have all been designed using the same criteria as the first phase, which has become one of Sotogrande's best examples of how to enjoy all the benefits of community living. It boasts unique architecture where colour and textures share the limelight with light and water. Courtyards, terraces and wide open spaces make Las Cimas de Almenara a peaceful haven. All the houses have a garden and private pool, with communal maintenance for both. To maintain the desired level of privacy the only communal areas are for access and service. The community is designed to offer a concierge and security service, to give you the peace of mind you need.

Integrated into its surroundings on a natural vantage point, Las Cimas de Almenara is a truly unique setting in one of the most exclusive and sought-after locations of all the Mediterranean. From this privileged location the views are spectacular. It is a beautiful landscape where the green of the golf courses contrasts with the blue of the sea, bringing out the whiteness of this exclusive development's unique architecture. Enjoying these privileges is reserved for a select few, those looking for the ultimate luxury.
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Controversy around the house of the Moorish King in Ronda (Málaga)

SpainHouses.netOctober 15, 2012March 31, 2020Leave a comment

The 18th century building known as the Casa del Rey Moro (the House of the Moorish King) in Ronda (Malaga), looks set to becoming Ronda’s first luxury hotel, sooner or later. The property is currently in the hands of a German businessman who bought it armed with plans for a top hotel with innovative features.

However so far the project has failed to see the light and the building stands neglected, gradually deteriorating before the uncomprehending eyes of thousands of tourists. Indeed the Casa del Rey Moro is included as one of the star features on the tour of local monuments; but it looks like it could fall down any minute.

Now the building has attracted more investors prepared to buy it, restore it and turn it into a five star hotel. The current and future urban development plans both allow the site to be used for tourist accommodation.

Interest has apparently increased since the Town Hall announced that it would apply for the Junta de Andalucía to list the building as a BIC, a ‘Bien de Interés Cultural’ (an asset of cultural interest), which would guarantee its protection as historical heritage.

The local councillor for Planning, Daniel Harillo, explained that the authority’s aim was to put pressure on the current owner, Jochen Knie, to carry out urgent work on the house, or face a possible compulsory purchase order in the future.

“We want to protect one of our town’s most valuable monuments”, said the councillor who stressed that Knie already faces a 60,000 euros fine for not keeping the building in line with safety regulations.

The German had previously announced an investment of 21 million euros to restore the property, set up a five star hotel and a mini-congress centre, even making part of the Guadalevín river navigable through the Tajo gorge. The scheme would create 50 jobs directly and an estimated 150 posts indirectly. The project has changed, however, and Knie’s latest plans centred around a venue for private functions with accommodation possibilities.

While authorities and business owners endeavour to find a way of bringing the Casa del Rey Moro back to life, the condition of the building is gradually deteriorating. It needs urgent work to make the façade and the structure safe and to prevent the roof leaking.

Source: surinenglish.com

Modern design in a private house in Northern Spain 3

SpainHouses.netOctober 10, 2012April 3, 20203 Comments

OmasC arquitectos designed a functional and bright house, ideal for families, nearby the sea, on the Northern Coast of Spain. Marking the boundaries between public and private, a large wooden gate serves as an entrance. A narrow paved alley meanders through the green courtyard and then it stops. You’re at the entrance. As your steps wriggle on the alley and search for imposing details, the house raises on a small plot of land, luring you to step inside. The architects played with volumes and different angles and eventually completed a residence that houses a kitchen, a living room and a dining room on the ground floor and three bedrooms on the first floor.

The inside is welcoming, as expected. The wide windows adorned with translucent blinds surprise with their omnipresence. Each room is flooded by the natural light, creating through such a simple detail, an optimistic and luminous space.

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Modern Concrete House in Murcia

SpainHouses.netSeptember 26, 2012September 25, 2012Leave a comment

Spanish architects XPIRAL Architecture created this eclectic house design in their home town of Murcia, Spain. The house features a cantilevered concrete volume that extends across an outdoor entertaining area opening onto the indoors. An unusual metal enclosure of rust and adorned with colored tiles, surrounds the main structure of concrete with a mirrored volume – an unusual feature that gives this home a contemporary style. This interior courtyard house plan welcomes you in with an indoor/outdoor area, while interiors are an attention-grabbing blend of polished floors, raw concrete walls and what appear to be particle-board walls.

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Home prices falling more than ever

SpainHouses.netSeptember 17, 2012March 31, 2020Leave a comment

House prices have fallen by 14.4% in the second quarter of 2012 compared to the same period of 2011, according to the House Price Index (HPI) of the National Statistics Institute (INE). This percentage represents the largest decline in this statistic since it was published in 2008.

This reduction in the house prices is almost two points higher than the experience in the first quarter of 2012, when prices fell by 12.6%. Thus, there were already 17 consecutive quarters in which house prices have negative annual rates. Actually, since this 'CPI housing' started in the second quarter of 2008 (-0.3%). Since then, the trend has not been reversed.

The price decline has been general in the country. The largest decreased occurred in Catalonia (16.5%), Madrid (16%), Basque Country (15.6%), La Rioja (15.2%), Balearic Islands and Cantabria (15%), Aragón and Navarra (14.5%).

Below the national average, are the declines in the Canary Islands and Asturias (14.3%), Valencia (14.2%) Castilla y Leon (14%), Andalusia (13.1%), Galicia (12.7 %), Castilla-La Mancha (11.6%), Murcia (11.4%) and Extremadura (7.4%), Ceuta (12.3 %) and Melilla (13.6%).

Source: elmundo.es

Beautiful Terraced chalet for sale in Torremolinos (Málaga)

SpainHouses.netSeptember 7, 2012September 10, 2012Leave a comment

3 bedrooms, 2 bathrooms, Built area 245m2, Area useful 124m2, Swimming-pool, Seaside Resort, Resale, In Urban Area

Fantastic 3 bedroom corner townhouse, southwest facing, and located in the prestigious area of Montemar, Torremolinos, at less than 5 minutes walking to La Carihuela beach and the seaside promenade; 6 minutes driving to the centre of the town and to the Yacht harbour of Benalmadena-Costa; 4 kms. to Malaga Airport; 12 kms. to Malaga, 14 to Fuengirola and 45 to Marbella.

Urbanisation provides community swimming-pool and garden. The property features on ground level, it has a living area of approx. 32 m2, a fully equipped kitchen, hall, a guest toilet and a 100 m2 terrace with garden.
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