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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Entries categorized as ‘Costa del Sol News’
The UK’s Minister for Europe visits Malaga
March 12, 2010 · Leave a Comment
Categories: Costa del Sol News
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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Categories: Costa del Sol News · Costa del Sol property
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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Categories: Costa del Sol News
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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Categories: Costa del Sol News · Costa del Sol property
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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Categories: Costa del Sol News · Costa del Sol property
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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Categories: Costa del Sol News
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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Categories: Costa del Sol News · Costa del Sol property
Tagged: Costa del Sol blog, long term rentals, property, rental law, rental property, spain
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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Categories: Costa del Sol News · Costa del Sol property
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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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
The last TINSA report of 2009
January 22, 2010 · Leave a Comment
Categories: Costa del Sol News · Costa del Sol property
Tagged: Costa del Sol, property blog, property valuation, spanish property, tinsa
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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Categories: Costa del Sol News · Costa del Sol property
Tagged: airport, blog, Costa del Sol, Costa del Sol blog, international flight, Malaga
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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Categories: Costa del Sol News · Costa del Sol property
Tagged: andalucia property, Costa del Sol, southern spain
Spanish property market relapse in October
December 16, 2009 · 1 Comment
Categories: Costa del Sol News · Costa del Sol property
Tagged: property market, property spain, real estate spain, spanish property
Costa del Sol property shows improvement
December 10, 2009 · Leave a Comment
Categories: Costa del Sol News · Costa del Sol property
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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Categories: Costa del Sol News · Costa del Sol property
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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Categories: Costa del Sol News · Costa del Sol property
Tagged: capital gains, CGT, Costa del Sol, non-resident, property for sale, property spain, spanish tax law, tax rebate
Recovery in the sale of new build property
November 21, 2009 · Leave a Comment
According to Pedro Pérez, the general secretary of the G-14 (association of Spanish developers) the sale of newly built property has started a mild recovery, and this position will be consolidated in the coming months. Backing this up, the latest INE (Spain statistics institute) statistics showed an increase of 7.6% in inter-monthly sales, with over 20,000 sales in September.
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Categories: Costa del Sol News · Costa del Sol property
Tagged: bank, Costa del Sol, Costa del Sol Real Estate, developer, new build, property for sale, property news, real estate spain, spain
Costa del Sol property valuations
November 17, 2009 · 1 Comment
By Tinsa for October are continuing to show a positive trend with year-on-year prices for Spains mediterrenean coast down just 9.9%, the best result since November 2008.
The last positive increase by TINSA was in January 2008 with average valuations along Spain Mediterreanean coast as 2537€/m2. They now stand at 2082€/m2 as of October. That means to date there has been a 17.93% decrease from its height.
As always, please note these figure refer to valuations and not actual sales prices and that these figure refer to the entire mediterranean coast and not specifically for the Costa del Sol.
Regards
Andrew Belles
Categories: Costa del Sol News · Costa del Sol property
Tagged: Costa del Sol, property blog, property valuation, spanish property, tinsa
Andalucía Technology Park expanding to Marbella
November 7, 2009 · Leave a Comment
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.
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Categories: Costa del Sol News · Costa del Sol property
Tagged: expansion, jobs, Marbella, marbella property, PTO, real estate, technology
Andalucia to subsidise home buyers to tune of 1 billion Euros
November 6, 2009 · 1 Comment
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.
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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
