This fortress palace, in Málaga city, whose name in Arabic means citadel, is one of the city's historical monuments and is much visited because of its history and beauty.
Tag: malaga
Total luxury: La Zagaleta, in Benahavís, Málaga
On the golden mile that extends along the coastline between Estepona and Marbella there is still room for a 24 carat urban diamond. A place in which the terms ‘luxury’ and ‘exclusive’ do not go far enough, because of the great fortunes that are needed to reside there. In the 900 hectares of La Zagaleta residential development, in the municipality of Benahavís, not just any fortune is acceptable.
The 230 property owners have the right to veto prospective neighbours who might put at risk the anonymity of this happy Arcadia, which sits in the foothills of the Serranía de Ronda and has views of Gibraltar.
Even the simplest home costs ten million euros here and the most expensive costs three times as much. When somebody presents their credentials as a purchaser, the other owners do not ask how many times he or she has featured on the front pages of newspapers - they ask for a guarantee that they are worth ten times the price of the house they are going to buy.
With a philosophy like that, this residential development has become a place of refuge for the truly powerful who hold the reins of a substantial part of the world economy and who appreciate the worth of real privacy. People such as Oswald J. Grübel, for instance, who has exchanged handling the fortunes of UBS and Credit Suisse, Switzerland’s biggest financial institutions, for a much quieter golden retirement as CEO at La Zagaleta.
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Seeking a solution to the problem of illegal homes in La Axarquia
To find solutions for properties built on land not zoned for construction but which has been subject to subdivision and can therefore not be included in Decree 2/2012 which relates to making properties legal, and those properties for which the works licences have been annulled. These are two of the objectives of the 
Save Our Homes Axarquía association – Salvemos Nuestras Casas en la Axarquía (SOHA) in Spanish - which is formed by about 400 foreign residents who own illegal properties, in a series of meetings it has begun with the Junta de Andalucía’s general planning directorate to look for solutions to the problems of illegal houses.
The president of SOHA, Philip Smalley, who is also a Partido Andalucista councillor in La Viñuela, and the association’s secretary and town planning councillor in Alcaucín, Mario Blancke, had a meeting on 19th June with the general director of the planning directorate, Rafael Márquez, to discuss the problem of houses which have been built on land not zoned for construction which had been illegally subdivided. According to article 185.2 of the Law of Urban Planning of Andalucía (LOUA), there is no time limit after which the authorities can no longer demand that the land be returned to its legal state and this means that the owners cannot hope to make their properties legal.
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Bad Bank to Finish 116 Homes on Costa del Sol
The demand for cheap holiday homes on the Costa del Sol, especially those destined for the foreign market has revived the interest of Sareb (‘sociedad de gestión de activos procedentes de la reestructuración bancaria’ or bad bank) in completing the stalled building work on such properties.
The company, created in 2012 as part of a condition laid down by the European Union in exchange for aid of a hundred billion euros to Spain’s banking sector, is responsible for dealing with toxic assets and has now turned its attention to two developments in Malaga province, totalling 116 homes.
Of these a hundred are concentrated in a residential estate in Casares, though the company will not yet say where. The homes are in the final phase of construction - 80 per cent built and in some cases lacking only electricity or phone connections or painted walls - and with works to re-start in July are expected to be completed by the end of the year and put on the market.
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Fantastic New Home Development in Rincón de la Victoria, Málaga
2 or 3 bedrooms, Swimming-pool, Seaside Resort, Gardens, Storeroom, In a mountain area
The residential complex La Zenaida is an exclusive promotion located in one of the Costa del Sol’s most beautiful natural landscapes, in the touristic municipality of Rincón de la Victoria , just 10 minutes from Málaga centre.
Composed of 67 homes of 2 or 3 bedrooms, constructed with the finest materials, spacious common areas for leisure and entertainment and marvelous sea views.
The complex was designed and constructed for special people in search of the peace and tranquility which big cities are unable to offer.
A luxurious lifestyle is at your fingertips.
Prices from 145,000 € to 195,000 €.
For more information click on the following link: Complejo Residencial La Zenaida
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Property sales increased more in Marbella last year than anywhere else in Spain
The property market in Marbella is recovering and the town is now showing signs of being a leader in this sector. This emblematic town on the Costa del Sol ended last year with a total of 3,115 property sales , a figure which is similar to that of 2007, before the bubble burst. In terms of total figures, Marbella is now in a similar position to Malaga city, where the recovery in the property market has failed to take off and the number of sales has fallen for three consecutive years.
The results for property transactions last year, which have just been released by the Ministry of Development, reveal that Marbella is the Spanish town in which the number of sales has increased the most, by 23.6 per cent.
The Ministry’s statistics include all provincial capitals and towns with more than 100,000 inhabitants. Marbella has ranked higher than Parla (17.2%), Móstoles (12.7%), Guadalajara (12.5 %), Ceuta (10.3%) and Madrid (9.3 %).
In total, in the whole of Spain there were 300,349 property transactions last year, which is a drop of 17.4 per cent compared with 2012.
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Amazing Penthouse for Sale in Benalmádena Costa, Málaga
3 bedrooms, 3 bathrooms, Swimming-pool, 1st Row from the Sea, Luxury property, In Urban Area, Benalmádena Costa (Málaga)
Probably the most exclusive beach front penthouse at Costa Del Sol. Furnished and ready to move in! Garage and storage. 310 m2 built and 186 m2 terrace.
The price is 1,750,000 €.
For more information click on the following link: spainhouses.net
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Fantastic Chalet for Rent in Mijas Costa, Malaga
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
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Exclusive Villa for Sale in Benahavis, Costa del Sol
4 bedrooms, 4 bathrooms, Swimming-pool, Benahavis (Malaga)
Located in the much sought-after urbanisation of Monte Halcones, this stunning villa is only a short distance to the beach and all local amenities. South-facing and with stunning panoramic views over the coast, the property features 4 bedrooms, 4 bathrooms with underfloor heating, fully-fitted kitchen with top-of-the-range Bosch appliances, spacious and bright open-plan living/dining room with fireplace, hot/cold AC, gas central heating, a beautiful private pool and garden and alarm system. A magnificent property in Marbella's "Golden Triangle", this is the perfect place to enjoy a luxurious life on the Costa del Sol.
The price is 2,095,000 €.
Click on the following link to view more information about this property: spainhouses.net
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Unfinished Development in Estepona Goes Up for Auction
It is now several years since the property bubble burst and it has taken several other sectors with it, resulting in situations that would have been unthinkable years ago. One of these is the Golf Hills Village development which is only 95 per cent completed, but which has now been put to auction. It is the first time in Spain that this has occurred with an unfinished development, but the situation is not as exceptional as it may seem. Since the year 2000 
BNP Paribas Real Estate, which is handling the transaction, has carried out 148 auctions involving 11,800 properties and a figure of more than 500 million euros. The auction will have a reserve price of 7.3 million euros and those interested will have to make sealed bids for amounts higher than this in front of a notary. The bids will be opened on March 18th and the highest bidder will be able to take over the apartments and sell them on, or make whatever use of them they may wish.
The owner of the development is the Midamarta company, which is part of Caja Castilla la Mancha. This company began to acquire properties from the bank but they were transferred to the Fondo de Garantía de Depósitos de Entidades de Crédito (FGC) after the Bank of Spain intervened in the savings bank, towards the cost of the 1,300 million euros that had been used to save it.
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