Many potential buyers know, or are informed by their lawyers, that you need to ask for a certificate to show that there are no debts attached to the property when buying a resale, to avoid getting landed with a bill for a backlog of owed community fees when they move in. This is the common practice on the Costa del Sol. But what about when you buy a brand new property from a developer?
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Properties and unpaid community fees
March 12, 2010 · Leave a Comment
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Tagged: community fees, Costa del Sol, Costa del Sol blog, developers, new build, urbanisation
The UK’s Minister for Europe visits Malaga
March 12, 2010 · Leave a Comment
Last weekend, Chris Bryant, Britain’s Minister for Europe visited Andalucía. Speaking exclusively to SUR in English, Bryant said there were three principal reasons for his trip. “Firstly, I wanted to listen to a range of issues which are affecting British expats in Spain; secondly I came to put some pressure on the Spanish authorities to resolve some long-standing property issues; and thirdly to appoint two additional civil servants to advise Brits on legal matters relating to property and social services,” he said.
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Tagged: albox, andalucia, british mp, Costa del Sol, illegal property, irregular build, junta de andalucia, news
Foreign residents with irregular properties to march in Malaga
March 11, 2010 · Leave a Comment
Foreign property owners in Spain still suffering from irregular planning issues on rustic/rural land will be holding a gathering/march in Malaga on the 17th of March to protest the ongoing issues that are plaguing their properties.
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Tagged: andalucia, Costa del Sol, Costa del Sol blog, illegal build, irregular build
Support for British residents in Andalucia
March 10, 2010 · Leave a Comment
Chris Bryant (Minister of State for Europe and Consular Affairs at the Foreign & Commonwealth Office) has visited Spain this weekend where he discussed a wide range of issues affecting British citizens moving to and living in Spain.
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Tagged: albox, andalucia, Costa del Sol, junta de andalucia, Malaga, spain, UK
700 homes without the Licence of First Occupation are stuck in legal limbo
March 5, 2010 · Leave a Comment
Political battle lines are being drawn in Mijas over the 700 properties in the Calahonda Royale development. Home owners in the urbanisation, which is located near the Mijas Costa/Marbella border, just north of the N340, have been waiting for over a decade to be granted the first occupancy licence, ‘licencia de primera ocupacíon.’
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Tagged: Calahonda Royale, Costa del Sol blog, first occupation licence, junta de andalucia, Marbella, mijas property, PGOU, townhall
Spanish housing review by RICS
March 4, 2010 · Leave a Comment
The housing market downturn continued during 2009. There was some evidence that the decline might be bottoming out towards the end of the year, though the housing market and the wider economy still face substantial problems. So, it is by no means certain that the end of the housing market downturn has actually been reached.
The adverse market conditions have been feeding into official price indices. There is uncertainty and debate about the extent of the price falls that have occurred, especially in new build. As a result, it is worth spending a little more time than usual in the other country chapters to go through the different indices.
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Tagged: Costa del Sol, housing review, property, RICS, spain, spanish property
Foreign tourist arrivals in Spain up 1.1 percent
February 26, 2010 · 1 Comment
Arrivals of foreign tourists in Spain have reversed an 18 month decline with a 1.1 percent increase in January over the same period in 2009 for a total of 2.5 million visitors.
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Tagged: belgium, british, eurostat, french, frontur, german, italian, spain, tourism
Spain’s landlords add to rising state debt
February 16, 2010 · Leave a Comment
More than half of Spain’s landlords are dodging taxes as the rental market expands, depriving the financially strapped government of more revenue each year.
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Tagged: Costa del Sol blog, long term rentals, property, rental law, rental property, spain
Unsold Spanish property paradox
February 3, 2010 · 1 Comment
I recently had a discussion with a buyer who after reading from a variety of sources, which I am happy to say included my blog, thought that property prices along the Costa del Sol would be vastly lower than the reality due to the 1 million unsold newly built properties. Unfortunately all this talk of huge number of unsold properties has hidden certain important realities that few seem to be talking about.
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Tagged: Costa del Sol, Costa del Sol blog, demand, new build, property for sale, spain, spanish property, supply, unsold property
Fighting Developers on the Costa del Sol
February 2, 2010 · Leave a Comment
I just found this article on the Olive Press (link at bottom of article), that just shows that developers can be fought and the courts do not automatically side with them, a common misconception. If your case is strong enough you can win. Anyway without further ado here is the article.
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Tagged: Costa del Sol, courts, developer, green zone, libel, Malaga, ronda
Upward and onwards Marbella
February 1, 2010 · Leave a Comment
For good news, the new PGOU Urban Plan for Marbella was approved on Friday the 29th of January 2010 by COTUA, the Andalucía Territorial Planning Commission. A vast majority of the properties that had previously been left out of the local town plan have not been fully legalised and many owners after years of stress and worry can now breath a sigh of relieve. Congratulations to the owners of the staggering 18,000 properties that have been affected by this whole mess.
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Tagged: illegal build, junta de andalucia, Marbella, marbella property, Marbella property for sale, Marbella town plan, Marbella urban plan
The last TINSA report of 2009
January 22, 2010 · Leave a Comment
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Tagged: Costa del Sol, property blog, property valuation, spanish property, tinsa
MEP presses Zapatero on demolition of coastal houses in Spain
January 21, 2010 · 1 Comment
UKIP MEP Marta Andreasen today held Spanish President Jose Luis Zapatero to account over the scandal of British citizens who found their Spanish holiday homes demolished because of alleged breaches of planning law.
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Tagged: Costa del Sol, demolition, ex-pat, holiday home, property, spain
Ryanair creates a new base on the Costa del Sol
December 21, 2009 · 1 Comment
Flipping through the local newspapers that other day I came upon a small article that just shows that even in a downturn, some businesses are still expanding and benefiting the local economy. In this case it is Ryanairs new base at the Malaga airport.
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Tagged: airport, blog, Costa del Sol, Costa del Sol blog, international flight, Malaga
Arriba Estates on Facebook
December 16, 2009 · Leave a Comment
In an effort to make our articles more accessible to the public Arriba Estates has set up a facebook page where the latest articles will be Publisher as well as any property of interest. If you are already on facebook, all you have to do is go to Arriba Facebook and become a ‘fan’.
Regards
Andrew Belles
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Tagged: blog, networking, news
Andalucia property market
December 16, 2009 · Leave a Comment
After recently posting an article on the level of property transfers in October I thought I would do a bit a research to get a clearer idea of how Andalucía and hopefully the Costa del Sol has faired as general national information is only useful up to an extent.
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Tagged: andalucia property, Costa del Sol, southern spain
Spanish property market relapse in October
December 16, 2009 · 1 Comment
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Tagged: property market, property spain, real estate spain, spanish property
Costa del Sol property shows improvement
December 10, 2009 · Leave a Comment
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Tagged: Costa del Sol, property blog, property valuation, spanish property, tinsa
The Spanish property market adjustment – where are we?
December 5, 2009 · Leave a Comment
Recently there was a good article by José García Montalvo in the Spanish daily El Pais, discussing the present state of the Spanish property market, and asking what will determine the scale of the adjustment underway. Here is a summary of the article by García, a professor and real estate expert at Barcelona’s Pompeu Fabra University.
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Tagged: andalucia, Costa del Sol, Costa del Sol blog, Costa del Sol Real Estate, Fuengirola, property for sale, real estate spain, spanish property
Vendors who sold between ‘97 & ‘06 can claim
December 2, 2009 · 2 Comments
I have just read an interesting article by ELS (legal firm based in Fuengirola) discussing how the changes in Spain’s capital gains tax law might allow EU vendors to reclaim part of the 35% they (unjustly) paid to the Spanish government. I wrote about this tax rebate, earlier in the year, but ELS have written a far more detailed and explanatory explanation.
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Tagged: capital gains, CGT, Costa del Sol, non-resident, property for sale, property spain, spanish tax law, tax rebate
