Murcia: The best place to invest in Spanish property

Spain

Potential property buyers thinking of investing in Spanish property should look no further than the popular province of Murcia in south-eastern Spain according to experts at TheMoveChannel.com.
Data from the market leading independent international property portal reveals that Murcia is one of the most searched for locations for Spanish property with La Manga, Caragena and Mar Menor the destinations in greatest demand.

Dan Johnson, Director of TheMoveChannel.com, comments,

“Spain remains the number one country in terms of enquiry volume to the site (August 2011) but we have seen a rise in searches for property in Murcia province and the Costa Calida in particular. When compared to other well-known coastal destinations such as the Costa Blanca or Costa del Sol, the Costa Calida represents good value for money with ample distressed and bank repossessed stock available to purchase at heavily discounted rates.”

According to the latest Spanish House Price Index from Kyero.com (July 2011), the average asking price for property in Murcia stands at €163,000, some 62% below the national average of €263,000. Prices have steadily fallen over the last 22 months from a high of €185,000 at the end of 2009, as Dan Johnson explains,

“The Costa Calida was one area of Spain where the oversupply of property had a somewhat negative effect on the market in the boom however now there are superb opportunities for investors to purchase repossessed property and distressed developments direct from the bank at bargain prices. This coupled with future growth in tourism to the region and the 50% reduction in IVA (equivalent of English VAT) until the end of the year makes this the ideal time to buy in Murcia.”

And there are plenty of reasons that today’s buyers of property in Murcia can be optimistic about the future with tourism to the region set to receive a welcomed boost from the approved Paramount Theme Park due to open in 2015.

Located just 15 minutes from the beach and resort of Puerto de Mazarron, the 158 hectare leisure site with different movie-inspired theme zones, five star hotels, shopping malls, restaurants, bars and clubs and 3,000 capacity conference centre is expected to attract over 4 million each year.

In addition, it will now be even easier for visitors to reach Murcia due to the upgrade of Corvera international airport opening in 2012 and expected to attract 3 million passengers from neighbouring San Javier and El Altet airports.

So if you are thinking of investing in Spain then visit http://spain.themovechannel.com/to view the widest selection of homes in Murcia.

Notes to Editors

Founded in 1999, TheMoveChannel.com is the leading independent website for international property with more than 400,000 listings in over 100 countries in the world, marketed on behalf of agents, developers and private owners.

The website address is http://www.TheMoveChannel.com and the office address is 45 Lafone Street,, Shad Thames, London, SE1 2LX.

Contact Dan Johnson on 0207 952 4625 for futher information.

 

Sizzling Summer Spanish Salidas – The hottest properties on sale today!

Spain

 

The Spanish Government has certainly provided a great kick start to the traditional end of summer sale season in Spain by slashing the VAT on new build property from 8 to 4%. In real terms this equates to a sizeable saving of €8,000 on a typical €200,000 property.  
 
This bold move has demonstrated the complete commitment to reducing the volume of unsold property in Spain, which should in turn help to stimulate activity in the construction sector once again. As Nick Stuart of Spanish Hot Properties, founded in 2007, comments:
 
“This move by the Spanish government spells only good news for the second home sector. If you tally up this ‘price reduction’ with the very favourable exchange rate of Sterling to Euro then our buyers are really getting a winning hand right now.
 
“We have found that the greatest interest and best bargains are still to be found on the Costa del Sol. Always a true favourite with holiday makers, enjoying the fabulous weather, blue flagged beaches and topped with the glamour of Marbella and Puerto Banus, Costa Del Sol property is still an aspirational purchase for many British investors looking for personal long term enjoyment in addition to a reasonable rental income from their second home.”
 
 
Hot Properties on Sale Today!
 
Spanish Hot Properties bring you the very best deals available today on the Costa del Sol:
 
La Cala Golf Resort – one of Southern Europe´s finest golf and leisure destinations. Just 30 minutes from Malaga International Airport and just a 10 minute drive from the nearby coastal attractions.

La Cala Golf Resort features three 18 hole golf courses, a 5 star hotel, a stunning new health and beauty spa with indoor pool, tennis courts, gymnasium, clubhouse, bars, restaurants. All properties have either a golf mountain or sea view and have been built to highest standards. Luxury 2 bed Townhouses from €255.000, down from an original price of €390,000 a decrease of 36%.
 
Samara – Set into the hills of Marbella, no expense has been spared and this is luxury Marbella living at its finest.
 
All Samara properties are spacious, light and exquisitely finished, providing everything you need for a luxurious stay. Each property benefits from an open-plan living room which has been carefully designed to maximise the spectacular views whilst still delivering complete privacy.
 
The attention to detail is clearly evident in the finishing touches. Kitchen furniture is by leading Italian specialists Snaidero, electrical appliances Bosch, and each property has a pre-installed Bang & Olufsen audio system. Bathrooms come with under-floor heating and every room benefits from cold/warm air conditioning. Two bed apartments are available from €206,500, previously priced at €360,000 – a massive decrease of over 48%.
 
Banus Beach Gardensoffering a tremendous saving of up to 50% discount from the original launch price
 
An exclusive residential complex of 14 penthouses, 23 garden apartments and 23 first floor terrace apartments situated in over 8.000 square meters of private tropical gardens with lake style swimming pool or relax at your private spa, with its own gymnasium, Jacuzzi, Turkish bath, sauna and fantastic indoor heated swimming pool.
 
Two bed, two bathroom apartments have been dropped to just €470,000.  Previously priced at €950,000 – over 50% decrease.
 
Marina de la Alcaidesa is a stunning development close to excellent restaurants & bars, miles of beautiful, uncrowded beaches, championship 18 hole golf course, shopping and bustling nightlife and within easy reach of the airport.
 
Prices for a 2 bed apartment from €240,000 with up to 69% discount as it was previously on the market for €720,000.
 
Cumbre de los Almendros – a very luxurious high-quality development in the La Quinta & Los Arqueros area of Marbella. An exclusive gated development of 33 two and three bed/bath apartments with spacious terraces and delightful sea and golf views.
 
Each apartment has been individually designed with careful attention to detail. All properties benefit from AC, heating (electric under floor in bathrooms), alarm and electric windows blinds in the bedrooms. The development has both golf and swimming pools within. A 2 bedroom / 2 bathrooms costing from just €239,000. Priced previously at €450,000 giving purchasers the benefit of 47% discount.
 
For more information contact Spanish Hot Properties on 0034 952 799 191 or visit www.spanishhotproperties.com.
 
 
Editors Notes:
 
Who Is Spanish Hot Properties?
 
Very simply they are the leading internet based real estate company in Spain. For every search made for Spanish property on the internet Spanish Hot Property will be in the top 3.
 
Spanish Hot Properties is an authority website on the Spanish property market, helping international property buyers in Spain from all over the world. They have a property finder service and a bespoke design and construction service for clients. No other property company in Spain offers the diversity and choice of products and services which is why 70% of their sales comes from word of mouth referrals.
 
Property is available from as little as €80,000 for one bedroom apartment to €20,000,000 for luxury properties at the very top end of the market.
 
 
 

Spain’s Golden Glow – Ranked #1 retirement destination by Brits

Spain

Moving to a new location when retirement approaches is something many of us dream of, aspiring to eventually one day free our minds, spread our wings and fly off, maybe to sunnier skies, or to somewhere where we can pursue our hobbies or to a place that is simply closer to family and friends. But what alluring location you might ask has proven most popular with retirees in particular us British folk this year?

As one of the most popular tourist destinations in the world, attracting the masses time and time again, Spain reigns supreme, ranking as the number one foreign destination British people retire to followed by Australia, USA, France and Ireland according to research conducted by pensions and savings experts Standard Life. The news comes as the Worldwide Property Group reports that 65% of people see now as a good time to buy a property abroad.

But what is the attraction of Spain as a picture-perfect retirement location? Well, it could very well be the appeal of Andalusia’s quaint gleaming white villages bathed in history and tradition or Mallorca’s sublime restaurants and beautiful sunsets. Maybe some go to Spain for the array of leisure activities on water or the golf course or maybe it’s the 320 plus days of sun? For others, it could well be Spain’s laid back lifestyle, the tempting midday fiestas, the soulfully penetrating flamenco, or the fascinating Moorish architecture.

Whatever the reason, one of the biggest attractions is likely to be the relatively low cost of living with a three course meal and bottle of wine costing from as little as €10 allowing even those on fixed pensions to dine out on a regular basis rather than just an occasional treat.

Of course, it will come as no surprise that the majority of retirees flock to Spain’s beach hotspots such as the Costa Blanca and the Costa del Sol where there are big expat communities. However, nowadays the idyllic island of Mallorca is fairing popular with retired individuals searching for a peaceful yet interesting Mediterranean gem swamped in character, class and of course, good weather.

Ignacio Osle, Sales and Marketing Director of leading house builder Taylor Wimpey de España, comments,

“Mallorca to some, is a sleepy, tranquil island and to others, a vivacious and wealthy location where life is in full bloom. Here, you can have the lifestyle you have always dreamed of whether you’re after peace and relaxation in a lesser known traditional village or remain in a city where there is plenty to see and do. There is a general feeling of good health a wellbeing evoked by the island which is enough to encourage anyone looking to retire to make Mallorca their new home.”

One such couple who fell in love with Mallorca, Phil and Pam Redican from Cumbria, UK could certainly vouch for the island as an idyllic retirement location having purchased a house there with the help of leading house builder Taylor Wimpey de España with Mr Redican commenting,

“I am retired and Pam is due to retire soon so we knew we wanted to buy a home abroad in a place with a warmer climate, within walking distance to shops, the beach and restaurants and somewhere within easy reach of our home in the UK. We decided on Mallorca as we had been there 3 times prior to buying and loved it. The property on the Los Altos des Golf resort shown to us by Taylor Wimpey de España was perfect with the opportunity to live on a golf course being a big attraction – neither of us played golf before but we knew we wanted to learn and now we are both playing.”

With this in mind, Taylor Wimpey de España, who are now offering FREE VAT on their stock properties are providing the perfect opportunity for potential buyers to view the luxurious side of Mallorca with their affordable fully furnished ready to move into properties at their show home event until the 31st December 2011 with properties such as El Puerto II, Cala D’Or.

El Puerto II consists of two bedroom apartments located on the south east coast of the island, very close to the stunning Cala D’Or marina costing from just €177,000 with furniture included. With 3 communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.

For more information on retiring to Mallorca please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com.  If you reside outside of the UK you will need to call 00 34 971 706 244.
 

Move over Malia! All eyes are on Mallorca, filming location of hit British comedy The Inbetweeners

Spain

With its opening weekend on the big screen grossing £13.2 million, the biggest of any British-made comedy film, The Inbetweeners movie seems to have taken the UK by storm with holiday experts expecting the film to set the travel trend for 2012.

The movie, an extension of the hit television series, follows four main characters to Malia, Crete where the comically crude lads plan to vacation before going to university. Unsurprisingly, following its release, the UK’s leading youth brand Club 18-30 has seen an increase in searches for clubbing holidays to Malia according to Russell Whitton, the clubs trading manager.

In spite of this, it is becoming publicly known that whilst some parts of the film were shot in Malia the film company decided to shoot most of the movie in Magalluf, Mallorca as well as Soller and Palma where many of the local businesses and workers were used as extras.

Ignacio Osle, Sales and Marketing Director of leading house builder Taylor Wimpey de España, which operates on the island comments,

“Even though Magalluf was not mentioned, it was the unnamed star of the movie and we fully expect Mallorca to feel the new travel trend already taking place in Malia, especially when people find out where the film was actually shot. We are hoping that people will be inspired to visit this beautiful Mediterranean island.

“Magalluf is a cheap and cheerful party haven especially for the younger generation and attracts some of the world’s top DJ’s to the super trendy clubs. It should definitely be experienced at least once. However, Magalluf is not to be confused with the rest of Mallorca which affords regions of complete tranquillity and areas of genuine class and sophistication. It is an island of distinct contrast which offers something for everyone.”

A favourite destination with the King and Queen of Spain who regularly holiday on the island as well as British blue bloods like Prince Harry who was spotted enjoying a meal at the Villa Italia restaurant in Port Andratx last month, Mallorca has also become an exclusive second home location with model Claudia Schiffer owning a £6 million paparazzi-proof lavish hilltop estate in Camp de Mar as well as other glitterati A-listers including Michael Douglas and Catherine Zeta-Jones and Boris Becker owning property on the island.

Indeed Mallorca continues to have broad appeal amongst discerning property buyers around the world with properties in good locations continuing to sell quickly. And, whilst the national average price for property in Spain is in the region of €263,000 Mallorcan property is priced well above at €431,700 (June 2011) reflecting the high demand for property on the Balearic island according to statistics from the Spanish House Price Index provided by Kyero.com, Spain’s largest English language property portal.

With this in mind, Taylor Wimpey de España, who are now offering FREE VAT on their stock properties are providing the perfect opportunity for potential buyers to view the luxurious side of Mallorca with their affordable fully furnished ready to move into properties at their show home event until the 15th September 2011 with properties such as El Puerto II, Cala D’Or.

El Puerto II consists of two bedroom apartments located on the south east coast of the island, very close to the stunning celeb hangout of Cala D’Or marina costing from just €177,000 with furniture included. With 3 communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.

For more information on the Mallorcan property experience please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com.  If you reside outside of the UK you will need to call 00 34 971 706 244.

 

Viva España! With 7.4% more international tourists, Spain remains top summer destination

Spain

Glorious rays of warm sunshine, golden beaches, superb culture and laid back living are ubiquitous features of Spanish tourism and the industry seems to have fared well as figures released by the Frontier Tourist Movement (FRONTUR) reveal that Spain has received 7.4% more international tourists this year compared to the same time in 2010.

 

Around 32.3 million international tourists visited Spain between January and July of this year with July alone welcoming 7.5 million foreign tourists with the main markets up to July being the UK, with 7.4 million passengers (35.8%), Germany with 4.2 million (20%) and Italy with 2.2 million (10.7%), while the highest registered increases to Spanish shores in July were from Sweden (40.8%), France (31.6%), and the Netherlands (28.9%).

Indeed, up to July 2011 Spanish airports received nearly 36.5 million passengers, of which 4.4 million arrived on budget airlines, while 43% (15.7 million) opted for a regular airline, with the busiest budget airlines being Ryanair which experienced a 25% increase in air traffic to Spain in July as well as easyJet and Air Berlin who together with Ryanair transported 54.1% of passengers in the month.

With this in mind, the influx of passenger numbers to Spain has of course impacted on hotel occupancy with rates 3 points higher in July than the same period in 2010 according to research firm Magma Turismo.

The study highlights that in July this year hotel occupancy for the Costa del Sol reached 87% compared to 82% in 2010 while the Balearic Islands stood at 85% compared to only 79% last year. Meanwhile, Canary Island hotels experienced a 4% growth from last year standing at 76% while the Costa Brava also increased slightly to 76%.

Of course, the hotel rates reflect the popularity of one of the more traditionally popular regions of Spain, the golden coastal strip of the Costa del Sol in the Malaga province which lures in the largest number of foreign tourists seeing 6.3 million flock to the glittering shores last year according to figures issued by the Tourism Board.

Nick Stuart, Managing Director of Spain’s first and premier internet estate agency, Spanish Hot Properties founded in 2007, comments,

“Of all the tourists who chose to holiday in the Costa del Sol, around 72% said they were attracted mainly by the prospect of sun and sand which will come as no shock considering the regions exceptional climate, luxurious lifestyle, spectacular scenery, state of the art infrastructure, hi-tech communications, availability of low cost direct flights and top healthcare. It is one of only a small number of places in the world where you can spend a morning skiing on the Sierra Nevada slopes and the afternoon soaking up the sun on a beautiful beach.

"Hailed as the ´California of Europe´, the Costa del Sol is an area where the demand for property is proportional to the quality of life and has a strong and proven property market. We have seen a huge surge in demand for luxury homes in Spain worth up to £20 million with 60% of our high- end properties being sold costing between €1.2 – 2.5 million with a large proportion looking for tasteful properties located away from the centre of holiday towns along the Costa del Sol.”

Operating across Spain, Spanish Hot Properties offer something for everyone with a choice of over 15,000 properties from high quality studio apartments to multi-million pound luxury mansions.

Doncella Beach situated right on the shore-line of the beautiful blue waters of the Costa del Sol consists of 85 exquisite apartments and penthouses in 7 elegant buildings with facilities including a Jacuzzi, Turkish bath, sauna, special aroma-therapy showers, gym, yoga room and solarium deck by the effortlessly chic pool bar priced from €799,000 for a 2 bed, €1.6 million for a 3 bed penthouse and €3.5 million for a 5 bed luxury penthouse, quite simply the most luxurious penthouses in Spain.

For more information on purchasing a piece of Spanish heaven on the forever popular Costa del Sol please contact Spanish Hot Properties on 00 44 207 558 8355 or visit www.spanishhotproperties.com
 

NO VAT on your home in Spain – Exclusively from top developer, Taylor Wimpey de España

Spain

Making it even easier to buy your dream home in Spain, top developer Taylor Wimpey de España, has announced that it will match the Spanish government’s 4% reduction in IVA (the equivalent of VAT) on new properties meaning that NO VAT will be due on new stock properties delivered before the end of 2011.

In an attempt to reduce the volume of stock property in Spain and stimulate the construction sector once again, the Spanish Government has decreed that IVA will be reduced by 50% until the end of the year, making purchasers of both first (mostly Spanish nationals) and second new homes liable for only 4% of the purchase price, a saving of €8,000 on a €200,000 home.

Commenting on the policy change which comes into immediate effect, Ignacio Osle, Sales& Marketing Manager of leading Spanish homebuilder with over 50 years experience, Taylor Wimpey de España, says:

“Whilst this action will not fully solve the problems of oversupply in some areas of the Spanish property market I believe it will stimulate action both with potential buyers who have been cautious to commit and the Spanish construction industry which is extremely keen to get moving once again.

“The Government has seen that price reductions by developers and agents in some cities of Spain such as Marbella and Alicante where there is oversupply has helped to reduce stock levels and it is hoped that by lowering prices through the halving of IVA will reduce excess stock even further.”

With an 86% customer satisfaction rating already, Taylor Wimpey de España is committed to assisting potential buyers further and is delighted to be able to match the reduction in IVA creating a rare time-limited opportunity for investors to purchase their dream home in Spain VAT free.

Fortuitously for second home buyers, the majority of new homes which meet the policy requirements are located in sought-after coastal destinations such as the Costa del Sol, Mallorca and Costa Blanca. Newly completed homes are now often priced equally to used homes yet owners enjoy the advantages of new electrical appliances, white goods and construction guarantees.

Ignacio Osle remarks that second hand homes in Spain are still liable for an 8% transfer of ownership tax. In addition not all the stock properties in the market, many owned by banks, qualify as new homes and are eligible for this VAT reduction as there could have been a prior transaction between the previous owner and the bank.

Ignacio Osle concludes,

“Now is the perfect time to invest in a new home in Spain. The reduction in IVA combined with the favourable Euro – Pound exchange rate mans that British buyers can make hefty savings without compromising on quality”.

Buy today – VAT free!

El Puerto II, Cala D’Or, Mallorca

Two bedroom apartments located on the south east coast of the island very close to the glamorous Marina de Cala D’Or. With 3 communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.

These properties are available fully furnished from €177,000. NO VAT!

Calpesol, Calpe, Costa Blanca

The Calpesol residential complex consists of houses with gardens and communal swimming pools.

The properties have three bedrooms, two bathrooms, cloakroom, garden, roofed sun terrace and private parking and are constructed to a high quality.

These properties are built and available now from €160,000. NO VAT!

La Floresta, Elvira, Costa del Sol

The development also has two large communal swimming pools, landscaped gardens and external private parking.  The 2 bedroom apartments measure 141 square meters and the 3 bedroom penthouses are 239 square meters. The ground floor apartments have a private garden measuring approximately 3 metres.

All units are built to the highest standard with first-class finishes including an Italian designed integrated kitchen with Silestone worktops, thermal and acoustic insulation and air-conditioning. Each block has its own elevator and exterior carpentry finishes in aluminium.

These properties are available now from €199,500. NO VAT!

Contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.

———————ends———————

Notes to Editors:

–    This is a special promotion for only new properties on stock to be delivered before year end (the public deed has to be signed before 31st of December 2011).
–    The special offer is not for properties under construction to be delivered in 2012.
–    Taylor Wimpey has only a limited number of properties in stock. It is just a special offer for no more than 20 units available in different sites in Mallorca, Alicante and Costa del Sol.
–    Taylor Wimpey de España has been selling well during the last years due to price reductions, excellent after sales service, quality of the construction, modern design and extras packages. It is for these reasons that TWE has practically eliminated their stock last year and has started to build new developments across Spain.

Advantage Spain: Marbella Masters 2011 set to serve an ace for tourism this week

Spain

Following on from last year’s success, the Puente Romano Tennis Club in Marbella will once again play host to this year’s Marbella Masters Tennis Tournament from the 25th-27th August with a grand slam line-up of tennis legends including Bjørn Borg and Yevgeny Kafelnikov battling it out on the famous clay courts.

Joining the 11 time Grand Slam Champion, Bjørn Borg who managed the club after it first opened in 1979 and former World Number 1, Yevgeny Kafelnikov, will be Wimbledon Champion Pat Cash and past top 15 players Younes El-Alanoui, Ronald Agenor and Iranian tennis star and entertainer Mansour Bahrami.

As a member of the ATP, the Puente Romano Tennis Club, situated in the heart of the Golden Mile, a residential district between Marbella and Puerto Banus, about a 35-minute drive from Malaga International Airport has hosted some prestigious matches including the Davis Cup and the WTA with some of the biggest stars of the tennis world gracing its courts over its 31-year history.

Indeed, it is likely that this year’s tournament will surpass last year’s 15,000 spectators, with fans flocking to not only view the entertaining sporting action but to bask in Marbella’s perfect setting, one that provides sunny skies, dazzling scenery and rich culture for such an esteemed event.

Angel Mora, City Councillor of Sports in Marbella has this month been encouraging tourists to visit the city to experience all the area has to offer and to enjoy the admired event that is unique in Spain. Of course, with well know events such as the Marbella Masters 2011 coming to town Marbella, already voted the third trendiest and most fashionable city in Spain as well as having the best beaches in the country, will not be short of visitors this August.

 

Ignacio Osle, Sales and Marketing Director of leading house builder Taylor Wimpey de España, explains,

"International events of such magnitude help boost Marbella’s and indeed Spain’s global appeal and of course, it doesn’t hurt that world events such as these are located in parts of Spain where the sun always shines, and where visitors can relax on the many blue flag beaches, and enjoy the numerous gastronomic delights available.

“Of course, while Marbella hosts tournaments for past legends, the Spanish island of Mallorca boasts an impressive history of cultivating championship tennis stars including Carlos Moyá and most famously former World Number 1 Rafael Nadal. And for the next generation of budding tennis stars, we have a fully furnished ready to move in property on Mallorca located just 5 minutes from superb tennis courts, ideal for practicing your serve.”

 

The new Cala Anguila residential development is located on the east coast of Mallorca near Porto Cristo and benefits from being one of the last few plots of land for a home next to a beach in Mallorca with tennis courts found within 800m of the resort.

Cala Anguila, costing from €225,000 consists of 25 two-bedroom apartments designed to reflect the beauty of the surrounding area all equipped with a private outside parking space.

For more information on finding the perfect Spanish property to practice your skills contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  for more information.  If you reside outside of the UK you will need to call 00 34 971 706 244.

Breaking News: 50% Reduction In Property Taxes Provides Boost For New Build Spanish Property

Spain

The Spanish Government has finally acted with decisive action to boost the new build sector of the Spanish property market by slashing IVA (VAT) from 8% to 4% thus saving a property purchaser a sizeable €8,000 on a €200,000 purchase.

 

News of the 50% reduction in VAT applicable until 31st December 2011, was greeted with an ecstatic reaction from real estate professionals especially those on Costa del Sol, a popular area for new build homes.

 

Nick Stuart, Managing Director of Spanish Hot Properties, located in Benahavis on the Costa del Sol, couldn’t hold back his excitement and claimed that this action would stop some agents going out of business,

 

“It has been fairly clear to us that some agents this summer have been very much on the edge and this news will certainly help them ride the storm out. A reduction in VAT will hopefully spark some movement in the market as new build properties become more affordable.”

 

According to Jose Blanco, Minister of Development, the measure aims to “revive the construction sector” and “contribute to creating employment in the sector most affected” by the recession. Surely welcome news for many Spaniards.

 

For more information on this significant change in IVA rates and to find the perfect new build home in Spain contact Spanish Hot Properties today on +44 (0)  207 558 8355 or visit www.spanishhotproperties.com.

 

Brits the biggest buyers of Spanish property accounting for 1 in 4 sales

Spain

It seems Britain’s loyalty to Spain, one of the UK’s most favoured holiday and second home spots abroad still remains strong according to figures from the College of Registrars with British property buyers responsible for one in four properties purchases in Spain by foreigners in 2010.

 

Figures show that British expats and property investors were the biggest buyers of Spanish property buying a total of 4,350 properties last year with the French following behind buying 1,627 homes in comparison.

 

Undeniably, the recent credit crisis led to a subduing of the market and a realignment of prices but thankfully it’s beginning to fight back with a 4.4% rise in property sales to foreigners last year.

 

Although Brits are the biggest players in the market, last year also saw a rise in demand from Northern Europeans, with an impressive 102% increase in Swedish demand and a 58% increase in Norwegian demand for Spanish property.

 

Mark Stucklin, MD of  Spanish property information web site Spanish Property Insight comments,

 

“It is undoubtedly good news that international demand for homes in Spain is getting more diversified. The holiday-home market used to be far too dependent upon British buyers, which was a risk that many promoters and the banks’ lending to them failed to understand. With the process of international diversification sales should slowly start to increase.”

 

In spite of this diversification, the Spanish government remains to make every attempt to appeal to their British devotees; persuading British property buyers to purchase a home in the country by providing more information in English to ensure buyers are accurately informed of any legal issues connected with a property. For instance, costing just £29 for a Land Registry certificate in English, it is hoped that efforts such as this will potentially lead to increasing numbers of British buyers looking to make offshore investments in a new Spanish property.

Ignacio Osle, Sales and Marketing Director of leading house builder Taylor Wimpey de España which has been present in the market for over 20 years and recently attained an overall 86% customer satisfaction rate for 2011 comments,

“We are proud to have a variety of customers from all over the world but plenty are from the UK. Brits are and have always been Spain’s biggest fans attracted to the easy reach location, sunny skies and laid back lifestyle. At Taylor Wimpey de España we focus on all our customers, but we do have a soft spot for our British admirers.

“Indeed, when it comes to location one of our most popular Spanish spots with Brits is the golden island of Mallorca. Even though Mallorcan property prices are on average higher than mainland Spain our developments offer exceptional quality and afford only premium locations.”

With this in mind, Taylor Wimpey de España are providing the perfect opportunity for potential buyers to view their stunning well priced fully furnished ready to move into properties in Mallorca at their show home event until the 15th September 2011 with properties such as El Puerto II, Cala D’Or and Pollentia Mar in Puerto Pollença open to prospective buyers.

El Puerto II consists of two bedroom apartments located on the south east coast of the island, very close to the stunning celeb hangout of Cala D’Or marina costing from just €177,000 with furniture included. With 3 communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.

 

Pollentia Mar located in the seaside town of Puerto Pollença on the north-east coast is within easy reach of the UNESCO listed Serra de Tramuntana mountain range and is priced from just €265,000. As a single block of apartments Pollentia Mar has a communal area, swimming pool and private parking with an abundance of facilities nearby as well as offerings of peace and quiet and beautiful views.

 

If you would like more information on the amazing property opportunities available in Mallorca please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com.  If you reside outside of the UK you will need to call 00 34 971 706 244.
 

Costa de la Luz: Exploring Spain’s best kept secret

Spain

West of Tarifa, facing the Atlantic lies the stunning Costa de la Luz, a region that comprises two main provinces in the Spanish expanse of Andalucía – Huelva and Cadiz – which unlike the more commercial tourist hotspots of the Costa Blanca or Costa del Sol, could be an altogether different country.

Away from the hustle and bustle of mass tourism and with equally good beaches and attractions but with a greater sense of tranquility blended with tradition and wrapped in history, the Costa de la Luz is suited to those who wish to sample the true authenticity of Spain.

Here you will find relatively unspoiled beaches that stretch for miles, welcoming locals, delicious food and fine wines and ample leisure activities. For instance, thanks to its close proximity, you can easily explore nearby Portugal or take a short 35 minute ferry trip over to Tangiers in Morocco.

However, the Costa de la Luz is especially noted for being a nature lover’s paradise with its natural reserves and a number of first-rate natural attractions such as the salt marshes of Barbate and the World Heritage Site of Doñana National Park which holds more than half of Europe´s species of birds including the endangered Spanish Imperial Eagle. Besides these advantages, there are also charming Roman and Moorish influenced Andalucian Mediterranean-style towns, each with their own unique qualities and landscapes.

Although growing in international popularity over the past few years, the Costa de la Luz or ‘Coast of Light’ is typically where you will find vacationing Spaniards and the more discerning, wealthy foreign visitor and is also a destination where property investors have focussed their attentions recently thanks to considerably lower property prices than in other parts of the country.

Nick Stuart, Managing Director of Spain’s first and premier internet estate agency, Spanish Hot Properties founded in 2007, explains,
 

“The Costa de la Luz is like the Caribbean of the Spanish property market and offers a totally different lifestyle for property owners especially for those who want to get back to real Spain. Certainly once you have visited the Costa de la Luz you will know immediately whether it is for you with the charm of the area effortlessly luring you to buy a property. This is the attraction of Costa de la Luz, hence why we are planning on opening a new office in Ayamonte in the Huelva province.

“Indeed, our biggest challenge is to make potential property buyers aware of the great alternatives the Costa de la Luz has to offer but at the same time explaining to potential customers that whilst property overall costs less than that in Costa del Sol, those looking for homes on the Costa de la Luz should not be driven by price but by the totally relaxed Spanish lifestyle on offer.”

With this in mind, Spanish Hot Properties has a beautiful development situated in the up and coming area of Huelva, which has escaped over-development from mass market hotels and low end touristic real estate, costing from just €270,000.

El Rompido, comprising luxurious villas and a low rise apartment blocks with one of the best views in Europe of the Atlantic is set in a very unspoiled location with the nearby golf courses attracting many northern Europeans that come for well-priced golf and beautiful pine tree fairways.

This “bolt hole” development is perfect for weekend and holiday stays and suitable for a very special kind of clientele that wish for a quieter, less intrusive lifestyle. Here you can stroll along the beaches and sit beneath the pines against the water without your privacy being invaded.

The villa is a four bedroom, three bathroom design with a vaulted lounge ceiling with a skylight window. For more information contact Spanish Hot Properties on 00 44 207 558 8355 or visit www.spanishhotproperties.com