Spanish Real Estate Sees Capital Increase and High Savings Phase

Posted on February 5th, 2012 in Accommodation in Spain,Costa Calida,Murcia,Spanish property market NEWS by admin

Spanish Real Estate will face a positive turn in the modern times, as luxury villas will be available at amazing discount rates. The developers have given flexible loan arrangements from lenders and have given great quality in the building material.

Many people feel the inclination to invest in Spanish Real Estate, as it is a wonderful holiday destination. Economic turmoil cannot let them shy off from buying properties in Spain. They can get plenty of returns from renting the property in the peak holiday season. Capital gains serve as a bonus feature to the customers. The gains amount will touch 57 millions in 2011 as more and more people are visiting Spain to enjoy the lovely sunny conditions. 5-year rental feature can bring a lot of the money initially invested in the property.

Paramount Studio have come up with a plan to introduce an amazing theme park in Costa Calida in Murcia. This in addition to a high-tech international airport will make this spot a haven for foreigners. Plenty of road links, railway communication system and presence of luxury hotels in the surroundings will make this place a wonderful place for the foreign buyers. Villas having low price range have been sold out enormously.

The highest market price villas are still in the market to lure rich buyers. This is located on top of Mojon Hills overlooking the Bay of Mazarron. It is priced at 299,000 Euros and loads of buyers want a chance to grab the deal.

Another wonderful housing complex is being built about 30 minutes from the Hollywood Theme Park. This place will also fetch high rental income. The Theme Park will be built from the beginning of 2012 and the buyers are expected to pour in seeing the progress.

The developers will build luxury villas in Peraleja Golf Resort surrounding the Seve Ballesteros golf course. The prices of these villas will increase considerably over the times. Highly equipped kitchens with specialized pools and landscaped gardens will be the salient features of these villas. Andalusia inspired water features is incorporated in the villas to lure foreign buyers to spend quality time in Spanish sunny atmosphere.

Hollywood Theme Park will be just 15 minutes drive away from the Peraleja Golf Resort. It is about the same distance from the Blue Flag beaches in Spain. These villas will become highly famous among the foreign tourists. The International brokers are keeping their fingers crossed and hope that these villas will fetch early equity gains. Thousands of International buyers will pour in to invest in Spanish Real Estate with the opening of the theme park in Murcia.

The cost of the property has fallen by 30 percent in Murcia region from 2008. The equity gain will come from 10 to 13 percent as soon as the theme park will be started in the place.

PropertyInSpain.Net have constantly kept an eye of the price of properties from 2008. They confirm that the present discounts are made in accordance to the prevailing Spanish Real Estate conditions. The spokesman from this organization saw the discounted price of a 4-bedroom villa is 320,000 Euros. 2-bed villas with pools are also available to about 6 in number. 80,000 Euros discount is made for these available villas for attracting the foreign buyers.

One can buy these properties with only 20 percent down payment and take the other 80 percent as loan for mortgage. Holiday lettings are encouraging the sale of these properties by advertising them as golfing package.

The interested buyers can visit Costa Calida and Peraleja Golf Resort and see the present state of conditions. They must finalize the deal after getting fully convinced of the situation.

More information and photos can be found at http://www.propertyinspain.com

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Property in Spain Shows No Improvement Despite of Huge Alternative Steps

Posted on December 3rd, 2011 in Accommodation in Spain,Malaga,Murcia,Spanish property market NEWS by admin

October month of 2010 did not bring lot of good news to real estate in Spain. November however, showed some positive features. Though a 20 percent increase has been observed in month to month record, 8.6 percent fall is noticed from the sales of the previous year.

28,732 homes were sold in November 2010. 15,957 homes were brand new and 16,789 homes were resold. Records of property in Spain released the above details.

Mark Stucklin is a property expert keeping complete note of the situations occurring in Spanish real estate market. He remarked that these figures showed the worst conditions of property. This absolute downtrodden situation will mark the coming of prospective season. Spain has experienced the most critical condition in real estate market.

Slight recovery was achieved in the first few months of the present year. The hype cannot be maintained because of VAT increase and continued presence of bad economic condition.

Spain will always remain a hotspot for second home buyers. British people can never show disregard to property in Spain.

Barcelona region always attracts buyers. The Spanish capital fetches 31 percent increase in home sales every year. The badly affected zones are Malaga, Murcia and Almeria.

More information and photos can be found at http://www.aplaceinthesun.com

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British Owners of Illegal Spanish Properties Meet with Consul

Posted on September 20th, 2011 in Alicante,Murcia,Spanish property market NEWS by editor

The debacle in Spain surrounding thousands of properties that were granted building licenses illegally has become legendary. Many of these properties were sold to international buyers, and most of these were British. Some British investors with properties in the northern regions of the Alicante province, Llíber, the Murcia region and in Valle del Sol have finally met with their embassy adviser – Alexandra Brown and the British Consul – Paul Rodwell.

Numbering over 90, the Valle del Sol investors at the meetings expressed their frustration, explaining that they felt ignored and that the illegality of the properties and their potential losses of investments were not being dealt with in a timely and courteous fashion.

Both Brown and Rodwell assured their countrymen that they were working diligently to raise awareness of the investors’ plight, calling on local authorities to discuss with them how best to serve the interests of everyone involved.

Lee Monks, the president of the local association, felt that the meeting was successful. The British Consul shone especially by taking interest in the residents’ individual stories and making them feel that each was heard.

Rodwell met with Mayor José Juan Reus after speaking with the British citizens of Llíber. Furthering his popularity with the British, he invited all British residents to attend the meeting. Reus claimed that everything possible was already being done to resolve the illegal property situation and encouraged the disgruntled homeowners to submit any details regarding their specific situation to the town hall.

Adrian Hobbs, president of Abusos Urbanisticos Lliber–No (AULN), feels that both the Consul and embassy advisor did well in the region, instilling confidence in their ability to act as an effective liaison between disgruntled property owners and unyielding government officials.

According to their website, the AULN is a group dedicated to “provid[ing] a centralised platform of communications for the residents of Lliber whose homes are deemed to be illegal by the authorities” and “resolv[ing] the issues intelligently and as an association of citizens united in the fight for proper ownership of their homes.”

In his statement, British Consul Rodwell said that he understood the frustration of residents of Valencia and Murcia, calling their problems “serious” and admitting that “distress and anxiety” were rampant. He also encouraged British citizens to understand that the Spanish government has the final say in Spanish affairs, and the housing dispute was a Spanish affair, regardless of the number of British citizens involved. That said, he also stated that he would do everything in his power to see that his countrymen were treated fairly and received the best possible outcome.

Three useful web resources for those in this situation include:

The AULN website at http://www.auln.eu/Default.aspx

The British Embassy website at http://ukinspain.fco.gov.uk

The Consulate’s e-mail address Alexandra.Brown@fco.gov.uk

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