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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.
Puerto Banús Marbella1 300x225 - Court rulings in Spain create more uncertainty over illegal homesIn 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.
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3 bedroom, 2 bathroom, Area Lot 100m2, Built area 140m2, Swimming-pool, Second Hand, In Urban Area, Ibiza

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Vilamacolum (Girona), 3 bedroom, 4 bathroom, Area Lot 720m2, Area useful 620m2, Seaside Resort, Second Hand, Luxury property, In Rural Area, More details

Estate for sale in Vilamacolum Girona - On the Market: Beautiful Estate For Sale in Vilamacolum, Girona
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3 bedrooms, 3 bathrooms, Built area 105m2, Swimming-pool, 2 terraces, Second Hand, On golf course, €390,000

1. Penthouse duplex for sale in Santa Eulalia del Río - For Sale: Penthouse Duplex in Santa Eulalia del Río, Balearic Islands
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1. Detached house for sale in Santa Eulalia del Río: 2 bedrooms, 1 bathroom, Lot 395m2, Built area 64m2, Second Hand, Urbanization, In a mountain area, €265,000

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Spanish house prices have increased at their fastest rate since the downturn, up 5.12% in the 12 months to the end of June, the latest index report shows.
apartment for sale in Puerto Banús 300x208 - Property registrars in Spain report annual price growth of 5.12%This is up from 2.65% in the previous quarter, according to the data from the Property Registrars which also shows that quarter on quarter price increased by 2.8%.

The latest rise in price growth means that prices are down 29% nationally since the peak of the market, but there are considerable regional variations.

The recovery in the Spanish property market is limited to the most popular areas where houses are in demand such as Madrid, the Balearics, the Canaries, Catalonia, and the Valencian Community and the report points out that this is reflected in prices.

It points out that sellers and buyers are adjusting their expectations accordingly. In more and more areas buyers who have been adopting a wait and see attitude whilst prices fell are now entering the market.
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1. Apartment for sale in Orihuela Costa: 1 bedroom, 1 bathroom, Built area 46m2, Second Hand, €68,800

2162 apartment in Orihuela - For Sale: 5 Properties Under €95,000 in Orihuela Costa, Alicante!

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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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1. Apartment for sale in Sant Lluís
2 bedrooms, 1 bathroom, Built area 50m2, useful area 50m2, Swimming-pool, 1st Row from the Sea, Second Hand, 145,000 €

00882 - 10 Homes for Sale Under 200,000 € in Balearic Islands!

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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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