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British tax residents with second or holiday homes in Spain are being urged by the UK tax authority, HM Revenue & Customs (HMRC), to “come clean” about any unpaid tax or capital gains, despite the deadline to avoid increased penalties for not doing so having passed last Friday.

771505 1065925 foto22206252 300x225 - HMRC’s warning to owners of second homes in SpainHMRC’s Property Sales Campaign is targeting those selling homes in the UK or overseas, where capital gains tax should be paid on any profits made. Property owners had until 9th August to declare any unpaid tax on property sales and have until 6th September to pay the tax owed.

The Revenue is warning those who have sold holiday homes in Spain, and elsewhere, that a failure to report accurately could mean they face tax investigations, plus fines and interest could be added to the pending tax bill.
“It is better to come to us before we come to you. After 6th September, HMRC will use information it holds about property sales, in the UK and abroad, to identify people who have not paid what they owe. Penalties – or even criminal prosecution – could follow,” asserts Marian Wilson, Head of HMRC Campaigns. ...continue reading "HMRC’s warning to owners of second homes in Spain"

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3 bedrooms, 3 bathrooms, Swimming-pool, Seaside Resort, In Rural Area, Sant Josep de sa Talaia, Balearic Islands

Modern renovated villa with sea and sunsetviews close to the beaches of Cala Bassa and Cala Conta, pool, privacy, different terraces, garden, large living-diningroom, open totally equipped kitchen, guests' apartment, electric gate.

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

40587 1141278 foto23900812 - Wonderful villa for sale in Sant Josep de sa Talaia, Balearics
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This combination of art and architecture is located in Las Rozas, one of the wealthiest parts of Madrid (Spain). The dwelling’s plot has a surface of 1 368 m2 with a light slope. It is an ideal place for building without major limitations. The architects created three floors: basement, ground floor and first floor. The house can be entered on the ground floor through two huge living rooms and a dining room.

This main part is on the right side. On the left you can find a bathroom, a cleaning room, a courtyard, a kitchen and a pantry. An interior staircase and an elevator are located in a way so that they can communicate not only with the basement and the first floor but also with the right and the left part of the ground floor. On the first floor are situated children bedrooms with dressing-rooms and bathrooms and the main bedroom with a dressing-room and a bathroom. A terrace cannot be forgotten. The basement includes an inner swimming pool, a Jacuzzi, a sauna, a gym, a small cinema room and a cellar. Both the interior and the exterior are very modern and elegant with the emphasis on material quality.

artchitectural house in Madrid6 - Art-chitectural House in Madrid by A-cero

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Thousands of non-European Union high-net-worth individuals are expected soon to invest in luxury Spanish properties, in return for being granted permanent residency in Spain, according to international real estate experts.

40587 994565 foto19518416 300x200 - Millionaire foreign investors to buy property in exchange for visasIn a bid to revitalise the property sector, and therefore the wider economy, the Spanish government announced last October that those who invest more than 500,000 euros in real estate will be allowed to stay indefinitely in Spain, and therefore the entire Schengen Area, which consists of a group of 26 European countries.

“The law is due to be passed any day, but it is now more likely to come into force in September, after the summer break. We will not know the exact process until the law is enacted but it is expected to be an administrative one involving checking the applicant has all of the necessary documentation.” Explains Alex Vaughan, a partner at an estate agency specialising in high-end properties.
...continue reading "Millionaire foreign investors to buy property in exchange for visas"

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4 bedrooms, 4 bathrooms, Built area 240m2, Swimming-pool

Impressive, newly constructed modern villa with private pool in Calpe (Alicante), with fantastic seaviews and view to Peñón de Ifach, situated in a very quiet area surrounded by forest. This villa is arranged on 2 floors with a living area of approx. 240 m2. It has an enclosed plot of 800 mo aprox. With a parking area for 3-4 cars.

Ground floor: large living-dining room with fantastic view to the sea, Peñón de Ifach and the pool and with access to the terrace and the pool area. 1 guedt toilet. Seperate kitchen, completely equipped. 2 large double bedrooms, both of them with bathroom en suite (one with shower and one with bath).

Upper floor (access by internal stairs) 2 large double bedrooms, each of them with bathroom with shower en suite. Accsess to the solarium with views to the sea, Peñón de Ifach and the pool.
External: nice, enclosed plot with garden, very private, pool of 4,5x5m. The villa has central heating throughout the house.

More information on the following link: spainhouses.net

55757 1138006 foto 5 - Beautiful Villa for Sale in Calpe, Alicante

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Designing and constructing a church has never been an easy task for architects. It is a challenge to create a space not meant for accomodation or further customization, but a space that has its own soul, gives an aura of serenity and conveys intimate spiritual experience. This particular church, completed in 2008 in a town La Laguna on the island of Tenerife, Canary Islands (Spain), is a challenge well done by Fernando Menis of the Menis Arquitectos.

The building consists of four volumes, visually separated by rifts in the walls that align into cross on the front nave. Apart from the obvious symbolic function they allow the daylight into the interior which strengthens the calm meditative atmosphere. The whole structure takes up more than 1000 m² and cost 600,000 euro.

church in la laguna by menis arquitectos 01 - Church in La Laguna, Tenerife, Canary Islands

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Development madness turned Spain into the European country that created the most urban land between 2000 and 2006, according to a recent study by the European Environmental Agency (EEA). A series of satellite images show that over this period, Spain accounted for 24 percent of all newly developed land in the European Union, followed by France with 12 percent and Germany with nine percent.

Spanish Country 300x225 - The bright side of the property crisisThe subsequent economic crisis has served to slow down this trend, benefiting green areas and arable land, as well as some of the animal and plant species that live in them. But the real estate bubble has left behind enough land already classified as available to build on to last the next 35 to 40 years at an average annual pace of around 150,000 new housing units, according to the Public Works Ministry's Urban Information System.

That means there are 709,577 hectares of land that could still be rescued and returned to nature.

It is this great pocket of land that environmentalists want to win back by having it reclassified as green space once more, at least in cases where construction is not imminent. It will not be easy because money, or the promise of it, is at stake.
...continue reading "The bright side of the property crisis"

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6 bedrooms, 6 bathrooms, Area Lot 1,112m2, Built area 545m2, Seaside Resort, Brand New, Luxury property, In Urban Area, On golf course, Marbella (Málaga)

Villa Los Naranjos is an amazing new villa situated in a Golf Resort. With a plot of 1112m2 and a house of 545 m2, the property has a 100 m2 terrace and if offers great views to the sea and the mountains.

The Villa is a built with 6 bedrooms and 6 bathrooms. You can also see a full equipped kitchen, garage and radiant floor, sauna and Jacuzzi.

To contact the real estate agency, click on the following link: spainhouses.net

2426537 934901 foto16559419 - Luxurious Villa for Sale in Marbella (Málaga)
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The twin office towers known as Puerta de Europa I and II located in Madrid, Spain defy the typical conventions of skyscraper construction. Designed by American architects Philip Johnson & John Burgee and commissioned by the Kuwait Investment Office (KIO), these structural expressionistic towers straddle one of Madrid’s most important boulevards – the Paseo de la Castellana.

The location of a subway interchange made the placement of the two towers near the street impossible. Their bold design is in part a response to the need for the footprints of the towers to be set back from the interchange while at the same time bringing the towers together as a single compositional whole. The towers lean towards each other and over the plazas, ensuring their visibility from up and down the Paseo and creating a portal which, being at the Northern end of the business district of Madrid, has been called a metaphorical gateway to Europe. The façade of each tower is a composition of a major grid -clad in stainless steel conforming to their structure-, a minor grid of red mullions, and a third grid comprising the light grey mullions of the curtain wall.

Torres Kio1 - Architecture in Spain: Puerta de Europa, Madrid, by Johnson and Burgee
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The Junta de Andalucía’s new law to protect a 500 metre-wide strip along the region’s coastline that it still undeveloped is to be less severe than expected.

955410 15724 14 300x224 - Regional coastal decree eases restrictions on urban developmentThe decree, drawn up by the PSOE-IU coalition at the helm of the Junta, will affect some construction plans on the Costa del Sol, but not as many as the town halls (most of the governed by the PP) had feared.

The ‘Plan de Protección del Corredor Litoral de Andalucía’ is to be on public display until October 31st to allow affected parties to present their objections.

The decree does affect residential plans for some 204 hectares of land previously designated for construction in several municipalities.

A total of 3,577 homes had been due to be built on this land, while another 193 hectares were the location for development projects (involving 3,893 homes) that will be partially affected. The land in question is in areas that do not have an approved ‘partial’ development plan that allows the construction. Projects on land that do have partial plans will be able to go ahead.
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