With the success of the Andalucía Technology Park (Parque Tecnologico de Andalucía) in Malaga, the Junta de Andalucía has declared the establishment of a new Technology Park Marbella.
The head of Innovation, Science and Business for the Junta has said that the new site will cover 197 hectares on land that is currently made up of 300 privately owned estates and is designated as an “area of opportunity” for the Costa del Sol in the POT plan. The idea would be to reach a public-private agreement with the participation of Marbella Town Hall and the landowners along with the regional authority for the development of the project.
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: expansion, jobs, Marbella, marbella property, PTO, real estate, technology
I have just found these ten tips on how to help sell your property, written by Nick Snelling, the author of “How to sell your Spanish property in a Crisis”. I have included links below.
1. Treat the selling of your Spanish property with the same seriousness and commitment that you would a job of work
Keep reading →
Categories: Costa del Sol property
Tagged: economic crisis, property, property for sale, real estate spain, spain
The government of Andalucia, or Junta, announced yesterday a subsidy of 1 billion Euros to help liquidate the region’s property glut estimated at around 70,000 newly-built homes.
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: andalucia property, costa del sol development, costa del sol property for sale, development, junta de andalucia, property for sale, property news
It has recently been announced that the Bank of Spain will be introducing new rules in the next few weeks to double the amount written off by Spanish banks and Cajas (saving banks) when the banks hold repossessed properties for longer than a year.
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: bank, bank repossessions, bank repossessions costa del sol, Costa del Sol, property for sale, repossessed property, repossessions, spanish banks
Euribor (12 months), the interest rate normally used to calculate mortgage payments in Spain, fell 1.4% in October to a record low of 1.243%.
Euribor has now fallen for 13 consecutive months, and is 76% lower than it was a year ago. The graph above illustrates how dramatic the fall in Euribor has been.
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: Costa del Sol, euribor, mortgages, news, property mortgages
‘This development, being built by one of the largest and most distinguished development companies on the Costa del Sol, is just a three-minute walk from Marbella town centre. The apartments in Banana Beach consist of one, two, three and four bedrooms, fitted to the very highest standards possible.”
Sounds great doesn’t it? You’d never guess from this glowing description that the Banana Beach development was built illegally and has been condemned to demolition. Despite this, the properties are being advertised on websites targeting UK buyers.
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: banana beach, Costa del Sol, Costa del Sol blog, developer, Marbella, marbella property, news, observer, PGOU, property for sale, southern spain, spain, spanish property
I recently read an an article in the Sur in English, which talked quite positively about British looking to buy in Spain. They recently attended a property exhibition called “A Place in the Sun” held at the NEC in Birmingham. Although smaller than previous exhibitions in the UK, “A Place in the Sun”, backed by the TV programme of the same name, held a successful show with a large turnout of people looking at overseas properties.
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: buying in spain, Costa del Sol, Costa del Sol blog, costa del sol property for sale, Costa del Sol Real Estate, property for sale, southern spain
October 15, 2009 · 1 Comment
Why Move to Spain?
With the ever increasing costs of living in the United Kingdom and the many negatives that people are facing in their every day lives, it is not surprising that thousands upon thousands of people are emigrating to a country that offers them a better quality of life.
Spain is the top destination for British people looking to emigrate and one of the most popular areas they very often choose is the Costa del Sol.
Keep reading →
Categories: Costa del Sol property · costa del sol information
Tagged: andalucia, businesses for sale in spain, buyers guide, buying a business, buying in spain, Costa del Sol, costa del sol business, freehold, leasehold, spain
September 28, 2009 · 4 Comments
As it is already well known, since 23rd of July the AIFOS Bankruptcy has initiated a new chapter in this creepy story. The situation was foreseeable as the reputation of this company was well known. Aifos commercialized developments at very competitive prices and had very good marketing strategies. They did not have building licenses, sometimes they were not even owners of the land, and in the majority of the occasions they did not grant the bank guarantees ordered by law nor did they deposit the monies received in a special bank account as established by law. How could they keep this behavior for years should be a matter of a deep and serious study. The financial crisis and the sudden end of the property market boom provoked this predictable end.
Keep reading →
Categories: Costa del Sol property · costa del sol information
Tagged: aifos, aifos bankrupt, aifos bankruptcy, aifos financial, andalucia, bankuptcy, developer, legal advice, southern spain, spain, spanish law
September 25, 2009 · 1 Comment
According to Spain’s national institute of Statistics (INE) the collapse in property sales may be coming to an end. Based on the latest figures from July (link below), there were a total of 37,079 property transactions in the month, of which 33,694 were standard sales and 3,345 were social housing (VPO).
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: buying in spain, property market, real estate spain, spanish market, spanish property
September 24, 2009 · 3 Comments
I have recently read an article by Mark Stucklin that I thought gave a fair reflection on the current state of the Spanish property market. Although less specific to the Costa del Sol, it does give a balanced view on the state of the national property market.
Keep reading →
Categories: Costa del Sol property
Tagged: Costa del Sol property, costa del sol property news, developer, property market, property news, spanish property
At the beginning of August I saw an article in Money Week discussing the Spanish property market. Now for those of you that might not be familiar with the site, it looks primarily at investments; property, stocks, etc… Anyway, this respectable site wrote about the Spanish property market, which if you follow my blog, as an estate agent on the Costa del Sol could only be of interest to me.
Keep reading →
Categories: Costa del Sol property
Tagged: Costa del Sol, Costa del Sol blog, costa del sol property for sale, Costa del Sol Real Estate, investment, investment property, news, property, spain
The summer months are traditionally a quiet time in the Real Estates business on the Costa del Sol as many of the people who visit the area are primarily in holiday mode. Beach, sangria and nightlife are the main concerns with little thought given over to property purchases.
Keep reading →
Categories: Costa del Sol property
Tagged: benalmadena costa, benalmadena property, costa del sol businesses, Fuengirola, fuengirola property, Mijas, mijas costa, Mijas Costa property, mijas property, property for sale, property market
Looking at bit away from the Costa del Sol, I thought it would be worth looking at the area of Antequera. Why? Well not for fantastic residential options, or any such thing, but instead to have a look at the commercial/business future that Antequera has to look forward to.
Located at the heart of Andalucia, Antequera is ideally located for many industries that cater to the residents and businesses in Sevilla, Granada, Cordoba and Malaga.
Keep reading →
Categories: Costa del Sol property
Tagged: andalucia, antequera, commercial, Costa del Sol, Costa del Sol blog, industry, southern spain, transport hub
For the many of you that have been to the Costa del Sol recently or are planning to come soon, the constant work being done at the Malaga airport has probably not gone unnoticed. The work as been ongoing now for a few years and looks like completion is coming soon, Easter 2010 according to the powers that be. Not bad timing considering a lot of people talking of many western European economies should be out of recession by then.
Keep reading →
Categories: Costa del Sol News · Costa del Sol property · costa del sol information
Tagged: airport, Costa del Sol, development, expansion, Malaga, news
As a slight change of pace from talking about properties for sale on the Costa del Sol I thought I would talk a bit about the property rental market here in Fuengirola. As can be imagined, as an estate agency based on the Paseo Maritimo (beach promenade) of Fuengirola, we get a fair share of passing trade asking for rentals in the area. I must admit, originally we were not keen on starting a rental department, but due to the amount of people that have approached us, both tenants and landlords, we finally decided that although our main aim was still to help people sell their property, rentals over the last 2 years has proven an additional boon.
Keep reading →
Categories: Costa del Sol property · costa del sol information
Tagged: fuengirola property, holiday rentals, long term rentals, property fuengirola, property mijas costa, property rentals, rentals in fuengirola, rentals in mijas costas
At long last there may be light at the end of the tunnel for Marbella. The long anticipated Marbella PGOU (urban plan) might finally be approved in October. The latest version for Marbella plan, unlike previously announced by the Marbella town hall, was been approved without including illegal properties. It appears that the mayor, Ángeles Muñoz, decided on this course of action after the Junta de Andalucia confirmed that they would no accept any of the proposed modifications to include all existing illegal properties in Marbella within the new plan.
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: illegal build, junta de andalucia, Marbella, marbella property, Marbella property for sale, Marbella town plan, Marbella urban plan
An interesting article has come today in the hard print edition of the Sur in English that will be of interest to anyone looking at long term property investments at the moment. The new western Costa del Sol train link. The article in itself is not property related, but being an estate agent I cannot help but think along those lines (no pun intended).
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: Costa del Sol property, fuengirola property, investment, investment property, marbella property, Mijas Costa property
I have just been sent an interesting article that I thought I would share with you. According to the site, primelocation.com, 70% of the visitors viewing properties for sale in the “international section” (i.e.: non-UK properties) are actively searching for property despite the economic ‘uncertainty’. And with Spain, and specifically the Costa del Sol, being such a popular destination for first and second homes, this can only be good news. Find below the article in questions, regards Andrew
Keep reading →
Categories: Costa del Sol News · Costa del Sol property
Tagged: Costa del Sol, Costa del Sol property, costa del sol property for sale, property abroad, property for sale
RSS - Posts