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News

03-11-2016
Costa del Sol hotels to make big investments over winter months
Months of record-breaking tourist numbers have encouraged additional investment in the hotel industry on the Costa del Sol, with 27 companies looking to spend a total of €56 million to improve their establishments over the coming winter months.


03-11-2016
Festival of Flamenco raises the temperature in Marbella
FOR tourists and in many cases expatriate residents, the only real knowledge that they have of Flamenco is what they see on TV, presentations in tourist restaurants and performances at Ferias.


16-09-2015
Luxury golf resort to open in Benahavis
The Westin La Quinta Golf & Spa Resort is due to open in March 2016 as part of a collaboration with Starwood Hotels & Resorts Worldwide.





Home Sales Rose by 13.9% in July


The sale of homes in Spain increased by 13.9% in July, over the same month of 2014, and reached a total of 32,714 transactions, the National Statistics Institute reported earlier this week. However, the July year-on-year increase is 3.1% lower than the figure registered in June, when sales grew by 17%. The statistical agency’s data corresponds to sales registered in the Property Registers of transactions carried out in months prior to the period of reference.

With the July increase, home sales accumulated their eleventh consecutive year-on-year increase, due exclusively to the 43.1% increase in sales of second hand housing, which amounted to some 26,319 transactions, since the sale of new homes dropped by 38.1% compared with July 2014, to a total of 6,395 transactions.

In the seven months to the end of July, home sales accumulated an increase of 10.5%, with a 36.6% reduction in the number of transactions on new housing and a 42.9% increase in those on second hand housing, while month-on-month (July over June), home sales rose by 7%, which is 2.9% lower than the previous year.

El Economista reported that some 90.3% of the home sales carried out during the seventh month of the year were for free housing, with a year-on-year increase of 14%, reaching a total of 29,551 transactions, whereas the number of transactions on subsidised housing totalled 3,163, with a rise of 12.2% compared to July 2014.

In July, the highest number of home sales per 100,000 inhabitants was registered in Valencia (125), while in absolute terms, Andalucía remained in the lead for the number of home sales in July, with a total of 6,749 transactions, followed by Catalonia (5,267), Valencia (4,908) and Madrid (4,460).

In relative terms, the regions where home sales increased most year-on-year were the Balearic Islands (+37.4%) and the Basque Country (+25.3%), while the largest declines were registered for Extremadura (-9.8%), Asturias (-7.9%) and Murcia (-7.5%).



Villas in Marbella for sale




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New Properties


Brand new luxury Marbella apartments reduced to a 40%, walking distance to restaurants, schools and sport centers
Brand new luxury Marbella apartments reduced to a 40%, walking distance to restaurants, schools and sport centers
Terrace: 55м2, Bedrooms: 2, Bathrooms: 2
Ref. N: IVR-IC732715
€ 199 000

Lovely modern Villa located in the sought after 'La Quinta' in Marbella
Lovely modern Villa located in the sought after 'La Quinta' in Marbella
Enclosed: 503м2, Terrace: 150м2, Plot: 1000м2, Bedrooms: 6, Bathrooms: 5
Ref. N: IVR-IC727071
€ 1 950 000

Cosy apartment located in New Golden Mile with beautiful garden, close to Cancelada village, shops ,restaurants and college
Cosy apartment located in New Golden Mile with beautiful garden, close to Cancelada village, shops ,restaurants and college
Enclosed: 85м2, Terrace: 10м2, Bedrooms: 2, Bathrooms: 2
Ref. N: IVR-IC732782
€ 328 000


 
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