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Tag: Spain

Published on Leave a comment on Hacienda is starting inspections in 28 municipalities in Malaga province

Hacienda, the Spanish tax authority, is working hard to identify properties which, irrespective of whether or not they have a works licence, have not been declared by their owners or by the local town halls and registered for tax purposes.

properties in Estepona 300x126 - Hacienda is starting inspections in 28 municipalities in Malaga provinceThe authorities are targeting not only newly-built properties, but also those which have undergone modernisation works and those whose use has changed.

This is part of the Plan for the Adjustment of Rateable Values which came into force in 2013 and will be applied until 2016 to combat tax fraud and at the same time increase the amount of money in the public coffers. Unsurprisingly, a higher rateable value means paying more in municipal taxes such as IBI and capital gains, regional taxes such as inheritance and transfers, and State taxes such as income tax and wealth tax.
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Published on Leave a comment on All I Own House: Multifunctional Space in Madrid Apartment

Moveable library-style shelving units slide from side to side to reveal and hide compartments that serve various functions in this Spanish apartment by Madrid-based PKMN Architectures.

All I Own - All I Own House: Multifunctional Space in Madrid Apartment
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Published on Leave a comment on Good days for the Spanish property market

With property prices in Spain that have fallen significantly since the global financial crisis, many investors are seeing now as the perfect time to put their funds into Spain’s housing market.

House in Barcelona 300x150 - Good days for the Spanish property marketSpanish real estate and construction accounted for around 18 per cent of Spain’s GDP in 2007, with a market capitalisation of more than €30 billion. It is now about a tenth of that, with the result that economists and investors alike are looking at Spain as being one of the last bastions of good value property in Europe.

The National Statistics Institute has confirmed that home sales are rising, up 8.8 per cent in June 2014 compared with a year earlier, while Spain´s society of notaries has reported that foreign buyers favour coastal areas. The breakdown of foreign buyers included 15 per cent Brits, 10 perr cent French, 9 per cent Russians and 7 per cent Belgians, according to the data.
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Published on Leave a comment on Beautiful Villa for Sale in La Manga del Mar Menor (Murcia)

6 bedrooms, 4 bathrooms, Area Lot 3,000m2, Swimming-pool, Seaside Resort, Luxury property, In Urban Area, La Manga del Mar Menor (Murcia)

Breathtaking villa very close to the La Manga Club, in Los Belones, but within a big private plot with no community expenses.

Very exclusive area, quiet and surrounded by nature, 6 bedrooms, 4 bathrooms (2 ensuite), big swimming pool, alarm system with cameras, solar water heater, air conditioning for summer and winter.

This house is up for sale for 1,050,000 €.

Click on the following link to see more information about it: SpainHouses.net

193 - Beautiful Villa for Sale in La Manga del Mar Menor (Murcia)
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Published on 1 Comment on Barcelona Apartment Designed by Miel Arquitectos and Studio P10

This Barcelona apartment renovated by local firms Miel Arquitectos and Studio P10 contains two micro live-work spaces either side of communal kitchen facilities.

The brief given to Miel Arquitectos and Studio P10 was to create two separate units within a 65-square-metre apartment as "an experiment in shared micro living".

Design Barcelona Apartment3 - Barcelona Apartment Designed by Miel Arquitectos and Studio P10
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Published on Leave a comment on Good expectations for Spanish housing market

Improved confidence in the economy, a wide spread belief that property prices have finally hit rock bottom and more readily available financing are all helping encourage sales in Spain, according to experts.

7475962 1467178 foto 669147 300x225 - Good expectations for Spanish housing marketIt has been widely reported that the summer months saw a recovery in the country’s property market with some seeing sales increase by 8.8% in June compared with the same month in 2013.

Lending also increased, up by 19% in June 2014 compared with June 2013 and there was also a slight rise in prices which saw a 1% increase in the second quarter of 2104, the first quarterly rise for six years.

Before the economic crisis 40% of mortgages were taken out by immigrants. This has now fallen to only 3%. The average age of buyers has also gone up. The percentage of buyers younger than 25 has fallen from 16% to 3%. When it comes to investors, the volume of foreign investments is constantly increasing and 2013 saw a 16% increase on 2012. It is not uncommon for 80% of an estate agent's client base to be foreigners.
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Published on Leave a comment on Luxury Wooden House in Padul, Granada

Venta Del Fraile-Cerro San Gregorio, 14 bedrooms, Area Lot 3,000m2, Built area 600m2, Swimming-pool, In Urban Area, In a mountain area, Padul (Granada)

Finnish solid wood luxury home, built in 2010 on a plot of 3,000 m2. It features three big houses for guests and the service. There are in total 14 bedrooms, some of them up to 23 m2 and a wide living room of 45 m2. There is underfloor heating and the windows are shielded. Perfect to enjoy both winter and summer time, with its 4 barbecues, pool, fruit trees and organic garden. Urbanization in country area with excellent communications, only 15 minutes far away from Granada city, but at the same time situated in idyllic natural landscape.

It is up for sale for 1,450,000 €.

Click on the following link to see more information about this property: SpainHouses.net

191 - Luxury Wooden House in Padul, Granada
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Published on Leave a comment on Architect Frank Gehry receive the Prince of Asturias Award for the Arts

Frank Gehry has been bestowed with Spain’s prestigious Prince of Asturias Award for the Arts. The Canadian-American architect was chosen as the award’s 34th laureate “for the relevance and impact of his creations in numerous countries, via which he has defined and furthered architecture in the past half century.”

“His buildings are characterized by a virtuoso play of complex shapes, the use of unusual materials, such as titanium, and their technological innovation, which has also had an impact on other arts,” stated the jury. “An example of this open, playful and organic style of architecture is the Guggenheim Museum in Bilbao, which, in addition to its architectural and aesthetic excellence, has had an enormous economic, social and urban impact on its surroundings as a whole.”

3 MarquedeRiscal e1414573799513 - Architect Frank Gehry receive the Prince of Asturias Award for the Arts
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Published on Leave a comment on Madrid’s commercial market offers a prospect of strong rental growth

There has been good news for the residential market in Spain with sales steadily increasing and now the country’s commercial property market, particularly in Madrid, is striding ahead.
Over the next couple of years, Madrid is forecast to be one of the best performing European office markets, after staging a strong recovery.

offices in Madrid 300x240 - Madrid's commercial market offers a prospect of strong rental growthThis change reflects the much improved economic backdrop, providing occupiers and investors with renewed confidence and optimism. Historically, the Madrid office market has correlated closely with corporate performance and employment levels.

Prime rents reached their floor in 2013 and increased by 14% in the first half of 2014, to currently stand at €28 per square meter per month. Office investment has risen sharply, with volumes amounting to €700 million in the first half of 2014, compared with €400 million for the whole of 2013.

There has been limited development over recent years, which has helped to stabilise the vacancy rate at 11.5%. With limited development in the pipeline, a shortage of good quality stock is expected in the medium term, which is expected to lead to further rental growth.
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Published on Leave a comment on Renovated Apartment in Barcelona by Sergi Pons

Barcelona architect Sergi Pons has exposed stone walls and wooden beams during the renovation of this apartment in the city's Les Corts district.

Renovated apartment in Barcelona by Sergi Pons1 - Renovated Apartment in Barcelona by Sergi Pons
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