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Up to 50,000 people in Malaga province, and possibly millions across Spain, could be in line for a large refund from lenders on their mortgage payments after a surprise EU ruling. This includes Bank image 300x250 - Millions of home owners in line for payouts over bank loan abusemany foreign owners with mortgages in Spain and analysts said that payouts could reach four billion euros.

The European Court of Justice (ECJ) in Luxembourg ruled that Spanish banks that had loaned money to homebuyers on variable interest rates were breaking European law when they refused to pass on the savings from the dramatic fall in interest rates after 2009 by enforcing the so-called ...continue reading "Millions of home owners in line for payouts over bank loan abuse"

Orihuela Costa (Alicante), brand new, 112 m2, 3 bedrooms, 2 bathrooms, swimming-pool, gardens, €181,000

1. For Sale Brand New Home in Orihuela Costa Alicante - For Sale: Brand New Home in Orihuela Costa, Alicante
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This contemporary three-storey home is located in Barcelona and it was designed in 2015 by Francesc Rifé Studio.

1. House in Barcelona by Francesc Rifé - Contemporary Home in Barcelona by Francesc Rifé Studio
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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"

Marbella (Málaga), Detached, 550 m2, Plot: 1,500 m2, 5 bedrooms, 4 bathrooms

1. Villa for sale in Marbella - For Sale: Outstanding Villa in Marbella, Málaga
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Six months after the introduction of new regulations regarding holiday properties in Andalucía, figures show that in some municipalities such as Nerja, Rincón de la Victoria and Casares, there are 30615971 1789121 foto 132529 300x199 - Holiday rentals represent 30 per cent of tourist accommodation in Málaganowmore places available in rental properties than in hotels.

Self-catering properties now represent 50 per cent of holiday accommodation on the Costa del Sol and 30 per cent of hotel places in the province. The figures refer to rental properties whose owners have complied with the regulations and have registered them with the Tourism Register of Andalucía, and they show that there are currently 26,321 places available in 5,321 holiday rental properties.

However, during the six months since the new regulation came into force, there have been more than 10,000 applications for these types of properties to be registered, and 5,321 of them have completed the whole process, explains the Junta de Andalucía’s Turism and Culture delegate in Malaga, Monsalud Galindo.
...continue reading "Holiday rentals represent 30 per cent of tourist accommodation in Málaga"

Las Rozas de Madrid (Madrid); 1,450 sqm, 6 bedrooms, 7 bathrooms, swimming-pool, security system, garage for 8 cars, energy rating: B

1. House for sale in Las Rozas de Madrid - For Sale: Beautiful House in Las Rozas de Madrid
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This Mexican style house was designed by architect Ricardo Legorreta between 2003 and 2005 in the coastal village of Sotogrande (San Roque), Cádiz.

1. House in Sotogrande Cádiz e1482315505676 - Inspiring Dwelling in Sotogrande, Cádiz
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1. Terraced chalet to rent in Alcaidesa: 500m away from the beach, on golf course, 2 floors, 170 m2, plot: 250 m2, 3 bedrooms, 2 bathrooms, furnished

terraced chalet in Alcaidesa e1482139997751 - Looking forward to living in southern Spain? See these homes rentals in Cádiz
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352 m2, Plot: 110,000 m2, 5 bedrooms, 6 bathrooms, Swimming-pool, Gardens

1 1 - For Sale: Andalusian Estate for sale in Montefrío, Granada

Just 35 minutes from Granada it is this impressive Andalusian farmhouse, in a privileged environment, with good access and magnificent views.
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