Archive for March, 2010

Once you have decided on a suitable plot of land in Spain , you need to decide on the best way of developing it. In most cases, this will already have been done in consultation with an architect before committing to the purchase of your plot, as most buyers will seek assurances that the land is suitable for the type of house that they have envisaged. For instance, you will want to receive some guidance on the following matters: ·    anticipated costs for the project, including groundwork costs ·    guidance regarding the type of structure that´s applicable in the locality – remember that certain areas may be very restrictive on the use of more contemporary materials and facades ·    guidance on the best way to work with the land – for instance, if your plot in Spain is very steep, your architect may recommend a particular design of house to maximize your view, but to minimize expenditure on retaining walls ·    advice on build allowances. Some plots in certain areas of Spain are extremely restrictive on the size of dwelling that you can erect, particularly in rural areas and in cases where you intend to knock down an existing building to re-build. Obviously, the design of your own home is very much a personal choice, but you also need to use a lot of common sense. If your dream is to own a Spanish villa with extensive gardens and a large swimming pool extending out in front of the house, then this may be a costly exercise if you are building out on a very steep slope. Perhaps a better option would be to position the pool to the side of the house? Also, consider the orientation of the plot. Try to position the house in an area of the plot that enables you to enjoy the sun at your chosen time of the day. For instance, if you prefer morning sun, you need to be facing east. Your architect will help you with all of these issues, and he/she will liaise with the local Town Hall to obtain all the consents necessary for you to build your dream villa in Spain . Related Posts Looking to build your dream villa in Spain? – now could be the perfect time! Is there a Spanish Dream? Plot for Sale at El Madronal

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Building Your Dream Spanish Home – Choosing a Design

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Although there are many resale villas in Spain for sale , and a tempting choice of so-called distressed Spanish villas on the market, there are still plenty of discerning buyers who are finding that they can only truly get exactly what they really want by building it themselves. The idea of self-build in Spain can at first seem terrifying, but it can be broken down fairly simply into its 3 component parts. 1.    Purchase a plot of land in Spain The first thing you need to do is to buy the land. Stick to the best areas and try to haggle the best deal, although remember that land may be in short supply in particularly attractive areas and developments. For instance, in the Marbella property market, we have noticed that although the aspirational mid-market dominated by the Brits has suffered from a lack of demand due primarily to the crises afflicting the economy, the supply of credit and sterling, the top end of the market has remained stable, as it hasn´t had to rely on volume purchasers and the buyers tend to come from a broader demographic spread. In Marbella, the 5 star areas that also offer a degree of security have remained popular with buyers, and there is always demand for plots in El Madronal , La Zagaleta and Sierra Blanca, the 3 jewels of the Marbella crown. As these areas are so well-established and there is a paucity of new-build villa stock to choose from, land is in short-supply and most buyers would prefer to start from scratch. Although land prices in the Sierra Blanca estate can still extend to a mind-boggling €1,000 per square metre, and the community fees within La Zagaleta can dissuade many prospective purchasers from buying (there are 2 private golf courses to maintain and pay for, after all), the neighbouring estate of El Madronal currently looks like great value. Offering a natural habitat of pine forests and dramatic valleys, and with a minimum plot size of nearly 3,000 square metres, El Madronal appeals to those looking for a lavish, private hideaway amidst a scenic setting. Plots of land at El Madronal currently start from around €70 per square metre, and although the land is often steep and requires additional spending on retaining walls, investors can end up with a spectacular dwelling for a fraction of the market cost of a similar, completed villa….even in the current depressed market. Related Posts Plot for Sale at El Madronal New Urban Plan Agreed for Marbella Looking to build your dream villa in Spain? – now could be the perfect time!

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Building Your Dream Spanish Home - Choosing The Plot

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King Juan Carlos and Queen Sofia officially opened the new Terminal 3 at Malaga Airport on Monday 15th March. The new terminal doubles the capacity of the airport from being able to handle 4,500 passengers to 9,000 passengers per hour. The new terminal has 180 check-in desks, 48 boarding gates, 11,000 m2 of shops, 3,700 parking spaces, and is capable of handling 14,000 suitcases per hour.The opening took place in the presence of 500 local and national dignitaries, including the President of the Junta de Andalucia , Juan Antonio Griñan. The first flight to use the new facilities left Malaga at 06.50 on Tuesday morning, bound for Barcelona . Unfortunately, most visitors from the UK won´t get to use the new terminal, as most of the low-cost carriers will continue to operate from Terminal 2. Related Posts The Ideal House in Spain… Malaga Cruises Booming Travelling by Train in Spain

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King of Spain Opens New Terminal at Malaga Airport

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I was involved in a bizarre situation last week. A client of mine, let´s call her Mrs. Smith, responded to a property advertisement on the internet for a 3 bed property for sale in Marbella , priced at €195,000. Another Costa del Sol property agent had advised me that he was dealing directly (and exclusively) with a local bank that had repossessed the property and that he had been asked by the bank to find a buyer within an agreed timescale of 3 weeks, of which there were 7 days remaining when my client took a look at the property.Of course, my client feel in love with this distressed property in Marbella , and a deal was agreed at the asking price. We faxed through all the necessary paperwork to the bank and advised them that we had taken a reservation deposit……..and heard precisely nothing back from them. We followed up with several phone calls over the next 48 hours, but nobody within the bank with any power to sign off the paperwork was ever available to talk to us or ever returned our calls. After the weekend we then made further efforts to make contact with the bank, and all the while Mrs. Smith was becoming increasingly frustrated and concerned that she may be in danger of losing her bargain property in Spain . But how could she lose it? The agent was operating under an exclusive agreement with the bank, so nobody else could surely arrange viewings or reservations to beat our client to the sale. But the silence continued past the expiry of the period of exclusivity, and we then received a call from one of the administrators within the bank to ensure us that the property had actually been sold. There was no explanation, no apology, no nothing. My client was distraught and very, very angry. We have since discovered exactly what happened. It seems that the details of the distressed property in Marbella were circulated to the staff of the bank as part of a regular newsletter, and at fairly late notice, a bank employee decided that he wanted to take a look at the property for himself. So during the same weekend when my client was panicking about losing the property that she had reserved in good faith, the guy from the bank was inspecting the property and securing the deal. And the reason for the delay? The buyer from the bank had to arrange his flights to Spain and was struggling to get the time off to make the trip. You see, this wasn´t a bank in Spain messing everyone around. No, no – this was a highly reputable British banking institution with an offshore division here on the Iberian peninsula. It seems that bad manners can be found everywhere. Related Posts Repossessions in Spain – worth the fuss?? Repossessions in the Spanish property market Telefonica – What´s the Problem?

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Spanish Property Buyers Lose Out to Bank Staff!

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The Council of Ministers once again focused its attention on those social groups most affected by the economic crisis and those in a more severe situation of social vulnerability. Therefore, approval… [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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The Fight against Poverty – Government Agreements

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Stats 2010

Even with the current economic downturn there are many many readers interested in Andalucia. January and February stats showed more than 43.000 uniques visitors reading a total of 217.000 pages.

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Stats 2010

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