Marbella property and the new PGOU

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.
More..

From illegal to legal on the Costa del Sol

As many of you undoubtedly know, there are a few illegally built properties in Spain. If any of you saw that show recently “Spain, Paradise lost” you will know that some owners face demolition orders and are hoping and/or fighting that there property will be safe.

More..

How the mighty have fallen

According to the Spanish press, Aifos a developer known for such projects as Terrazas de Torreblanca and Las Caballerizas, has been forced into receivership by one of its creditors!

More..

Bank Guarantee

I thought it would be worth writing an article on bank guarantees (aval bancaria) as many people bought off-plan properties during the recent boom in construction here in Spain. So first of all, what is it?
More..

Developers turning unsold properties into VPOs

According to the Junta de Andalucia, of the currently 45.000 unsold properties in the province of Malaga, approximately 20.000 properties are suitable to be converted into VPOs (subsidised housing) and are anxious to do so. To date only around 700 properties have been converted.

More..

Costa del Sol holiday club scam

Yes I’m referring to time share. But before I continue, please note not all time share related companies are scammers; there are a few that do live up to their offers.
The reason for this article is due to the fact that a lot of the Holiday Club scammer operate in Spain, and quite a few can be found on the Costa del Sol.

More..

Marbella Urban Plan (PGOU)

I have just been onto the Marbella Town hall website and have found information relating the Marbella PGOU (Urban Plan). As many property owners and potential buyers know Marbella has suffered from a large swath of illegal properties, around 18.000 apartments, townhouses, villas, etc…

More..

Wow Factor

An X-Factor inspired competition comes to the Costa del Sol, or more specifically ‘Moonlight Bar’ at the Sunset Beach Club Hotel, Benalmádena on the 20th of September and a week later on the 27th of September at the Atalaya Park Hotel in Marbella. This talent contest is being held to raise much-needed funds for the running costs of Costa cancer care NGO Cudeca.

More..

Charity Costa del Sol

Cudeca is NGO (non-governmental organisation) and non-profit making based the province of Malaga on the Costa del Sol. Many of you might have seen some of their charity shops in Fuengirola, Marbella, etc…

The NGO assists patients suffering from terminal cancer and is also there to support the families through the illness and afterwards.

More..

Marbella

Marbella is a city located in the province of Malaga on the Costa del Sol. It is quite a large city, with over 100.000 inhabitants. Marbella is best known as the playground for the rich and famous and has been a favourite destination for many wealthy tourists from Northern Europe.

Like areas such as Fuengirola, there is archaeological evidence that indicates previous Phoenician, Carthaginian and roman settlements. Historically little of significance happened in the area until the 1940s.

More..

Marbella costa del Sol

I read an interesting article in yesterday’s diarioSur about property for sale in Marbella. It appears that prices are up by 1.65% from last year! Now before people start screaming about ‘talking up the market’ and so on, read on.

First, looking at the annual figures only, there has been an increase. Whereas if we look at the quarterly figures, the rise is only a 0.13%, which is not exactly impressive.

More..