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Tag: Spain

Published on Leave a comment on House sales fall for third year in a row

The Spanish housing market remained locked in a trough in 2013, six years after a massive property bubble burst.

23671122 1251066 foto 872872 - House sales fall for third year in a rowAccording to figures released by the National Statistics Institute (INE), the number of homes sold last year, excluding public housing schemes, fell 1.2 percent from a year earlier to 276,600 after falling 11.3 percent in 2012 and 18.2 percent in 2011. During the height of the boom over 800,000 houses were exchanged in a year. In December alone sales fell 11.0 from a year earlier to a new monthly record low of 18,619.

The only respite the market has had since boom turned to bust was in 2010 when sales increased 4.8 percent, driven by the purchase of new homes before the introduction of a hike in value-added tax.
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Published on Leave a comment on Pilgrims Hostel in Logroño La Rioja

Spanish architect Sergio Rojo has recently completed the extensive refurbishment of a building which began to deteriorate at the turn of the 20th century. Serving for many years as a vibrant cultural locus in Logroño (La Rioja), a city in northern Spain, this former theatre has seen its share of neglectful tenants, none of whom demonstrated a true appreciation for either its undeniable tectonic qualities or its promising transformative possibilities.

Pilgrims Hostel in Logroño - Pilgrims Hostel in Logroño La Rioja
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Published on 2 Comments on 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 golf hills village - Unfinished Development in Estepona Goes Up for AuctionBNP 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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Published on Leave a comment on Beautiful Residential Complex for Sale in Benidorm, Alicante

9 bedrooms, 10 bathrooms, Swimming-pool, Seaside Resort, Brand New, Luxury property, Residential Zone, Benidorm (Alicante)

First class residential complex, made up of four luxury apartments built to the highest standard. Each apartment includes two bedrooms, each with en-suite bathroom, one separate toilet, fully fitted kitchen, double garage and store room.

20170558 1221148 foto25611236 - Beautiful Residential Complex for Sale in Benidorm, Alicante

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Published on Leave a comment on Spanish Architecture: B House by ch+qs arquitectos, Segovia

Location: Berrocal, Segovia, Spain

From the architect. This is a humanized landscape of meadows, walls, ash, streams, a small-scale landscape, minimal, almost domestic, and where absolutely everything has yellow accents. In spring poke all yellow flowers. In the summer, the cereal, harvest, and the Castilian heat are yellow.

Fall only comes here in yellow ash, millions of tiny leaves that die in a lingering and dry yellow. In winter, yellow insists in glowing flashes of yellow lichen on the gray trunks of ash trees. And here the machines are yellow, the signs are yellow, all is yellow.

We bought a meadow in this landscape 15 years ago, and after 12 years of yellow contemplation, we decided to build a house there, a refuge, a piece of landscape as a frame, a small inhabited threshold with two views, east and west.

To the west, a nearby view of rocks, moss, brambles and ancient ash. And to the east, the distant dawn over the yellow mountains. This double view and the body finished the design of the house.

House in Segovia - Spanish Architecture: B House by ch+qs arquitectos, Segovia
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Published on Leave a comment on Balearics Property Market Grow Thanks to Foreign Buyers

British expats, as well as German and Russian buyers, are helping Spain's property market out of the doldrums, with a lot of interest in luxury developments in Majorca.

3574676 1201682 foto25039528 300x199 - Balearics Property Market Grow Thanks to Foreign BuyersSpain's property market is showing more green shoots of recovery, with the country's House Price Index reporting the smallest decline in prices since the end of 2010, according to the National Institute of Statistics.

House prices still fell overall - but Majorca bucks the trend, reporting property price rises of 4.8 per cent in the third quarter of last year, compared with the same period of 2012, according to the Spanish development ministry.

Three other regions reported prices rises in the House Price Index - Navarra, with growth of 2.8 per cent, Extremadura, up 2.2 per cent and Madrid, up 0.3 per cent. However, these figures fall far short of Majorca's growth, which estate agents say is boosted by foreign buyers, particularly those with a substantial sum to spend.
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Published on Leave a comment on Classic Style Villa for Sale in Malaga City

6 bedrooms, 6 bathrooms, Area Lot 1,422m2, Built area 659m2, Swimming-pool, In Urban Area, Malaga

Large villa reformed in 2006, south-facing and nice views, very quiet area.
Main floor: Hall, kitchen. Living room with fireplace can, separate dining room, living-room with fireplace, bathroom.
First floor: 4 bedrooms (one of them with ensuite bathroom), 2 bathrooms.
Basement: playroom, workplace and spare bedroom, laundry, storage room and warehouse, garage, etc.
Outdoors: garden with great variety of plants and ornamental trees.

The price is 1,650,000 €.

See more information clicking on the following link: SpainHouses.net

1083677 50552 15 - Classic Style Villa for Sale in Malaga City
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Published on Leave a comment on Calatrava’s Opera House in Valencia and its Façade Problem

The performing arts center and opera house of Valencia was designed by the prominent architect Santiago Calatrava, who also created New York's World Trade Center Transportation Hub, scheduled to open in 2015, as well as many other international projects. His work is known for its airy, curved designs Ciutat de les Arts i les Ciències in Valencia Spain1 300x200 - Calatrava's Opera House in Valencia and its Façade Problemthat suggest a symbiosis between architecture and sculpture. It has also proven controversial in recent years because of ballooning budgets and technical glitches.

The Palau, which cost 478 million euros to build, opened eight years ago. A recent analysis by the Construction Technology Institute (Aidico) concluded that there is a "generalized failure of the ceramic covering's adherence" on 60 percent of the surface. The Valencian government commissioned this report after a section of the mosaic fell off on December 26, forcing the opera house to shut down and cancel performances.
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Published on 1 Comment on Andalucía’s Anti-eviction Law Suspended by Court

Spain’s Constitutional Court has suspended - provisionally - the law passed by the Junta de Andalucía in October to prevent families with limited financial resources being evicted from their homes.

46353 1251686 foto 1 300x225 - Andalucía’s Anti-eviction Law Suspended by CourtThe law, described as a measure to ensure the social function of a property, allowed the authority to temporarily expropriate the use of a property repossessed by a bank so that its original owners could still live in it.

The Constitutional Court has admitted the central government appeal against the law designed by the Junta de Andalucía to ease home evictions by temporarily expropriating the use of houses seized by banks and allowing their owners to continue living in them.

The Andalusian law was passed on October 1st and revoked a previous decree on the same matter which had been passed in April and was also the subject of an appeal on grounds of it being unconstitutional.
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Published on 3 Comments on Luxurious Flat for Sale in Ibiza, Balearic Islands

Jean Nouvel´s New Flats, In Las Boas Building, Marina Botafoch, Ibiza, Balearic Islands
2 bedrooms, 2 bathrooms, Swimming-pool, 1st Row from the Sea, Brand New, Luxury property

Las Boas is the most emblematic building of the island of Ibiza, located in the best area of the Marina Botafoch. Designed by architect Jean Nouvel, it offers a unique living experience with panoramic views of the old town of Ibiza, Formentera and the sea. The luxury flats designed and individually finished are unique. The building has the balconies of different colours and that is what makes it so original. Las Boas building has 179 homes from 80 to 300 m2 and 1-5 bedrooms. Beautiful gardens surround the building with a lake-size swimming pool. It also has an underground garage, a spa, a gym and a private club for residents. The flats have air conditioning, domotic and alarm system. It is a gated community with 24 hr. Security. Prices from 347. 000€ up to 1. 113. 000€. This flat, which is in the second floor, has 127 m2 built with 2 bedrooms and 2 bathrooms, a beautiful kitchen, a living room and a spacious terrace of 40 m2.

The price is 400,000 €.

Click on the following link in order to see more information about this property: spainhouses.net

3574676 1237839 foto26296215 - Luxurious Flat for Sale in Ibiza, Balearic Islands
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