Costa del Sol property & lifestyle, news, views, advice & information

Sort by...

Category: Property (218 articles)

Marbella, Spain's Southern California says The Wall Street Journal

Author:Carolyn Mowlem 15/04/2015 [0] Comments 
VN:F [1.9.7_1111]
Rate this article:
Rating: 5.0/5 (1 vote cast)

Spain’s growing property market begins driving employment

Employment opportunities in Spain's real estate sector are set to rise as the industry grows once more.

As confidence, cash and foreign buyers have all flooded back to the Spanish property sector over the past few months – drawn by stabilising prices, favourable exchange rates and a mature outlook – the industry has also begun to generate more employment opportunities within Spain…

Continue Reading

Author:Ian Clover 10/04/2015 [0] Comments 
VN:F [1.9.7_1111]
Rate this article:
Rating: 5.0/5 (1 vote cast)

Spain and France attract 70% of all Brits hoping to buy abroad

Through good times and bad, Spain's appeal to Brits has been unwavering.

A new poll by foreign exchange specialists HiFX has found that 70 per cent of Brits considering buying property overseas focus their attention solely on Spain and France.

According to the survey, both Spain and France attracted 35 per cent of interest each, with the USA and Switzerland the highest risers. However, Spain’s perennial battle for top-spot with France looks set to continue for some time – the two nations have claimed the top two spots every year since 2007

Continue Reading

Author:Ian Clover 09/04/2015 [0] Comments 
VN:F [1.9.7_1111]
Rate this article:
Rating: 5.0/5 (1 vote cast)

Marbella in driving seat of Spain's property market recovery

Marbella's property market has picked up faster than any other Spanish region.

Data from Spain’s National Statistics Institute (INE) has revealed that the number of property transactions in Marbella increased by 28 per cent in 2014 – a higher rise than any other area of the country.

According to the Ministry of Development, the rate of transactions in Marbella last year was also 12 per cent higher than 2007, and growth in the market has been more rapid than even Madrid, Barcelona or any of the Balearic islands

Continue Reading

Author:Ian Clover 06/04/2015 [0] Comments 
VN:F [1.9.7_1111]
Rate this article:
Rating: 5.0/5 (3 votes cast)

Leading UK newspaper declares Spain’s crisis is over

The steady recovery of Spain's economy is beginning to resonate among the British media.

Following last week’s reports that the Bank of Spain expects Spain’s economy to grow by 2.8 per cent this year, British newspaper The Guardian has waxed lyrical about the country’s recovery, even going so far as to suggest that the crisis is well and truly over

Continue Reading

Author:Ian Clover 02/04/2015 [0] Comments 
VN:F [1.9.7_1111]
Rate this article:
Rating: 5.0/5 (2 votes cast)

Sunday Times ranks Ojén as one of world’s best places to live

The charming town of Ojén, near Marbella, gives a true taste of Andalucía living, with a sprinkling of Costa del Sol thrown in.

A tiny town in the Costa del Sol has been chosen by the Sunday Times newspaper as one of the world’s finest places to live.

Ojén, which sits in the hills behind Marbella, ranked 35th in the Sunday Times’ list of Best Places to Live Overseas, and was joined in the top 50 by the seaside village of Zahara de Los Atunes, which is located a few miles from Tarifa at the southern tip of Andalucía…

Continue Reading

Author:Ian Clover 30/03/2015 [1] Comment 
VN:F [1.9.7_1111]
Rate this article:
Rating: 5.0/5 (2 votes cast)

Exit strategy: will you ever leave Spain once you’ve lived there?

Life's a beach, and then you fly... how long will you live in Spain for?

It’s a question that – while rarely pressing – tends to linger at the back of most expats’ minds during their time living overseas: when is all of this going to come to an end?

The uncertainty can be creeping, persistent, or it can catch you briefly and unawares while you’re out enjoying yourself, tumbling back down into the ether as quickly as it arose.

But it will happen…

Continue Reading

Author:Ian Clover 26/03/2015 [1] Comment 
VN:F [1.9.7_1111]
Rate this article:
Rating: 2.3/5 (3 votes cast)

‘British Warren Buffett’ says now is the time to invest in Spanish property

The strong pound should tempt British buyers, but the 110% mortgages should be avoided.

Multimillionaire investor and entrepreneur Jim Mellon – who made a series of profitable investments in the 1990′s and has recently championed the cause of the growing biotech industry – has urged Britons that now is the time to buy a property in Spain. Mellon told the Daily Telegraph that the current imbalance between the euro and sterling is unlikely to continue for much longer, meaning that now is the time to act for Brits armed with pounds

Continue Reading

Author:Ian Clover 23/03/2015 [0] Comments 
VN:F [1.9.7_1111]
Rate this article:
Rating: 4.7/5 (3 votes cast)

VIVA View: Spain’s compensation ruling is a sign of a maturing property market

Spain's property market is far more mature and transparent these days.

It always felt doubly cruel. Not only were homeowners who had unwittingly purchased illegally built property told that their homes would be demolished, but they also learned that they would, in the process, lose everything.

No compensation. No money. No ‘our hands are tied’ apology. Nothing. Appeals could be lodged, court hearings could be made, but the bottom line remained unwavering: homes built illegally would have to be demolished. No exceptions.

Not only did this scandalous behaviour turn the dreams of thousands into an unending nightmare, but it also served to damage Spain’s property market – and the country’s wider reputation – in the eyes of foreigners…

Continue Reading

Author:Ian Clover 20/03/2015 [0] Comments 
VN:F [1.9.7_1111]
Rate this article:
Rating: 4.0/5 (2 votes cast)

Spain approves compensation law for homeowners faced with property demolition

While the sorry sight of demolished homes will continue, at least homeowners will now be properly compensated.

Thousands of homeowners who bought a property in Spain that has since been declared illegal breathed a huge sigh of relief this week as the laws relating to compensation were amended in their favour.

A change to Spain’s penal code was passed by the ruling Mariano Rajoy-led government that dictates judges must ensure that property owners who purchased an illegally built house in good faith are compensated before any demolition order is passed.

This long overdue legal change could positively impact thousands of homeowners – which includes many Brits – who had previously faced the prospect of losing their home and their investment under the old law…

Continue Reading

Author:Ian Clover 17/03/2015 [0] Comments 
VN:F [1.9.7_1111]
Rate this article:
Rating: 3.0/5 (2 votes cast)