Monday, March 31, 2008

Spanish rail links boosts investment opportunities

Overseas investors are still flocking to Spain and are increasingly choosing to look at less traditional Spanish markets.

Nicola Christie of confirmed the shift of focus of overseas investors to less established markets. The Spanish coastal resorts and cities have traditionally been the investor's choice earlier.

She said that the new cross-country high-speed rail links across the country changed the investor's preferences. The historic opening of high-speed train service between Madrid and Barcelona means that towns along the route will open them up for overseas investors.

They could become popular locations for overseas property buyers in the future and news of transport links to Spanish countryside to come over within the next four years and may provide opportunities for investors looking away from traditional locations such as the Costa del Sol and considering less established markets.

It was found that one in four purchases made by British buyers last year was in Spain and Holiday-Rentals revealed that 31 per cent of British-owned holiday homes are in Spain.

Friday, March 28, 2008

Why Spanish properties still remain so popular?

Spain is to receive a £65 million to enhance 17 different wine routes and other things. Principal International says that this financial boost and immense interest Spanish property market is able to generate among overseas investors makes Spanish government looking for ways to retain the top spot. Spain remains the destination of choice for those searching for a home overseas and for property investors alike.

Spain has a long and noble tradition of wine-making. New technology, innovative ideas from gifted winemakers and broad spectrum of quality wines represent excellent value for money. Sarah Heywood, Principal International, says that this in one of the main factors amongst other things which makes Spain a popular choice among investors. There is old Spanish adage "vino, sol y aire, y seras rico como nadie" and that means with wine, sun and fresh air; you'll be the richest man alive. Spain is the third largest producer of wine in the world.

Spain is easily accessible by air and a number of international flights fly to Spain regularly. A flight from London to Malaga, which is on the southern coast of Spain, takes only a couple of hours and is not very expensive. You can either fly by budget airlines or choose to travel on any of the chartered flights. Over and above Spanish government has recently announced a plan to expand transport network in several provinces and it is based on the London Underground system. Principal International says they are confident that the Spanish property market will continue to surge upwards.

Ryanair, one of the World's most successful low-cost airlines have recently announced plans to increase its routes which includes the north of the UK to Alicante and the Bournemouth to San Javier route. Ryanair already flies passengers to 14 Spanish destinations from various airports in Britain, Ireland and other European countries. Aer Lingus also announces new routes from Ireland to parts of Spain

Spain is a very stable property and tourist market adds to which the 'wine and dine' in Spain is an unforgettable experience and that makes Spanish property more desirable for overseas property investors.

Thursday, March 27, 2008

Related Websites

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1. Charleston Homes for Sale and Real Estate Info
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Monday, March 17, 2008

The Sierra Nevada Mountains - Spain Mountains

Designated a national park in 1998, the natural park of the Sierra Nevada in Spain is expending over the provinces of Almeria and Granada counting 171.829 ha. The park was declared a Unesco Biosphere Reserve in 1986, due to its remarkably diverse plant, bird and animal species. The Sierra Nevada is a spectacular, jagged and extensive mountain range, the highest in Europe after the Alps and the most significant section of the Cordillera Penibética. There are 20 mountains of more than 3000m height and the Mulhacen with 3481m is highest amongst those and at the same time the highest all over Spain. Visitors could see those peaks from the coast of Africa on a clear day, and vice versa, they might as well see the Atlas Mountains in Morocco while they are skiing or hiking in the mountains of Sierra Nevada.

The Sierra Nevada is Spain's number one ski destination and it is ideal for all ski holidays as well as the resort cater for everyone from beginners to experts. The mountains are only two hours away from the Costa del Sol and it offers some of the finest pistes and snow tourists can find on the Iberian Peninsula. There are not many places in the world where visitors can go swimming in the sea in the morning and snowboarding or skiing in the afternoon. There are nearly 65 kms of ski slopes in the ski resorts of the Sierra Nevada, and visitors can expect snow for just about 5 months a year.

The Alcazaba is also very popular with hikers and it is one of the highest peaks (3.366m) in the Sierra Nevada. Solynieve, Europe's southernmost ski resort is in the west of the park where the ski season generally runs from November to April. Apart from tourism, the economic mainstay of the Sierra Nevada is agricultural produce, with cereal crops, olives, grapes, almonds, walnuts, apples and cherries cultivated here, mainly in the southern foothills of the Alpujarras.

Sierra Nevada Mountains (Height in meters)
Mulhacen - 3480
Veleta - 3393
Alcazaba - 3371
Cerro los Machos - 3324
Puntal de Siete Lagunas - 3248

Sunday, March 16, 2008

The Pyrenees - Spain Mountains

The Pyrenees Mountains in Spain stretch from the coast of Atlantic Ocean in the west to the shores of the Mediterranean Sea in the east. They act as a natural buffer between France and Spain besides they are the largest stretch of mountains in Northern Spain. The name Pyrenees came from the Greek word “Pyrene” which means fire in the Greek language and there is a great mythological story behind the nomenclature of Pyrenees.

The Pyrenees Mountains are known to holidaymakers primarily for their excellent Ski resorts in Spain. The Spanish Pyrenees represent a huge area with endless possibilities for winter sports as there are more than a dozen different ski resorts in the Pyrenees Mountains varying in size from those that cater to thousands of international visitors ever year, to smaller ski runs with only a few pistes. Other common elements visitors can find in northern Spain are pleasant temperatures, even in winter, and stunning landscapes. December to April is the best time to go skiing in the Pyrenees is during the winter. January and February are the months with the most snowfall in the Pyrenees Mountains. The mountains of the Pyrenees are taken over by walking enthusiasts during the summer months and the pleasant weather conditions in the Pyrenees in combination with the incredibly beautiful mountains and valleys make the Pyrenees a great place for a trekking holiday in summer.

The highest mountain in the Pyrenees is Aneto with an elevation of 3,404 metres which is part of the Maladetta ridge. The Aneto glacier is still the largest in Spain with 163 ha, despite the fact that it is melting fast due to climate change and is predicted to succumb by the mid-late 21st century. The De La Garrotxa National Park in the Pyrenees is famous for its dormant volcanoes and has over 30 such volcanoes. The lava that erupted in this part of the Pyrenees thousands of years ago has made the surrounding soil exceedingly rich and the luxuriant greenery on display at this national park is refreshment to every exhausted eyes.

Saturday, March 15, 2008

The Cantabrian Mountains - Spain Mountains

The Cordillera Cantábrica is a mountain chain extending around 300 km across northern part of Spain, moving nearly parallel to the Bay of Biscay. They run from the western limit of the Pyrenees, to the borders of Galicia, as far as the pass of Leitariegos and restricted by the valley of the river Miño. The Cantabrian Mountains clearly divides the "Green Spain" to the north, and the dry central plateau as the north facing slopes receive heavy cyclonic rainfall from the Bay of Biscay, whereas the southern slopes receive minimal precipitation.

Geologically, the mountain chain can be divided into three sections:

  • Macizo asturiano . (Asturian Mountains)
  • Las Montañas de Cantabria (picos De Europa)
  • Los Montes Vascos. (Basque Mountains)

There are also many local names for the subordinate ranges within the chain, which includes the Picos de Europa. Many peaks are more than 2000m high, but the highest altitudes are attained in the central ridges on the borders of Astuarias, León, Palencia, and Cantabria. Torre de Cerredo (2,648m), Torre de Llambrión (2,642m), Peña Vieja (2,613m) and Peña Santa de Castilla (2,596m) are the highest peaks in the chain. Several parameras, isolated plateaus shut in by lofty mountains or even by precipitous walls of rock are the conspicuous feature of the mountain chain. The Sierra de Ancares forms the boundary between Galicia and Léon; this is an extension, to the south-west, of the Cantabrian Mountains. The peak of Cuinña (1,987 metres) is the highest point of the range.

Monday, March 10, 2008

Costalita - quality apartments close to the beach

This resort is situated in Costa del Sol which is located approximately mid-way between city of marbella and the bustling sea-side resort of Estepona and 7 kms from the jet-set Puerto Banus makes the resort easily accessible. Costalita has been designed in an authentic Andalucian style, enclosed by beautifully landscaped gardens with streams and ponds. Its exclusive beach-front location offers direct access to miles of clean sandy beaches. This complex is situated in perfect surroundings, to unwind and enjoy all year round Spanish sunshine.
The residential developments have been stylishly decorated for space and comfort and comprises of 1, 2 and 3 bedroom, fully equipped kitchen, private terrace, garage, pool and large garden area.

This magnificent complex of apartments is deliberately situated for a taste of the ‘high-life’ and it is in close proximo to the town centers, restaurants and the sports clubs, as well as a splendid Los Flamingos golf course on the New Golden Mile.

Bedrooms: 2 and 3

Prices from 180,715 (EUROS)

Friday, March 7, 2008

Villas and apartments in Los Almendros developments

This development sits within a great natural amphitheatre of gentle olive groves with magnificent sea views and it is 5 km from the White Coast. The beaches of Altea and Benidorm takes only few minutes walk from the site and views of the surrounding countryside and mountains, Los Almendros is a great choice for any holidaymaker. The resort is the height of luxury and has exceptional on-site services, facilities and leisure activities, from restaurants and bars and excellent property management services.

You can reach Alicante, in only 40 kms drive and la marina is just 3 kms away from the development. There are a large number of restaurants to choose from in the surrounding villages offering excellent value for money. For great golf and sophisticated living, you do not have to move far when you are in one of the luxury villas with private pool or apartments. Beaches, bars and restaurants are in walking distance. Modern La marina shopping complex is close by when the only antidote to all that relaxation is serious shopping. The famous theme parks including Terra Mitica, Terra Natura, and Aqualandia Water Park & Wild Life Park are in close proximity to the resort. There are several Golf Courses in the area most within few minutes drive away.

The luxurious property offers substantial accommodation as well as high quality fittings and fitments, and is extremely well presented throughout. The resort is built in Andalusia style in their use of stone and rich finish with ceramic detailing, terraces and pergolas linking pavilions, Arabic tiling patterns and Mediterranean themed renderings. This property when viewed will be appreciated for the workmanship and care in design that has been so apparent in its construction.

The villa is set on a 540 m2 plot each with a private swimming pool, parking, spacious terrace and lovely covered barbeque area. .The plot have exceptional outdoor areas with swimming pool and green areas. All have spacious terraces, fashionable sun porches and solariums which provides panoramic views of the beautiful sea as well as the mountain nearby.

The two and three bedroom townhouses have living areas from 125m2 to 131m2 and beautiful gardens on the front and rear side. Apartments from 2 to 3 bedrooms are available at 106m2 to 123m2. Three communal pools, picturesque gardens and children’s play areas which offer plenty of space for shaded rest and relaxation.

Price (Sale): From € 180,000 (EUR) / £ 137,043 (GBP)

Thursday, March 6, 2008

Terrazas Costa del Sol - Apartments

The main features of the leaseback property are the purchaser buy the freehold of a fully equipped property on outright basis and then lease it back to a management company for renewable periods. Investors receive assured rental return, irrespective of tenancy, at a fixed amount annually, which often offsets the cost of investor's mortgage payments, if any. The rental return is net of all running and maintenance costs as these are covered by the management for an initial fee excluding property tax.

Terrazas Costa del Sol

Investors don't have to worry about day-to-day tasks such as searching for a rental agent, paying insurance and utilities or dealing with maintenance issues.

Meanwhile investors can even use their property for vacation for agreed periods of time any time in the year, an option normally not available with other leaseback developments. This is an excellent opportunity for a long term investment that offers free personal usage as well.

Rental - 4.5% index linked guaranteed annual rent or 5% constant
1 Bed apartment starts from €195.000, 2 starts Bed from €220.000, 3 Beds from €375.000

Construction end date: 3rd quarter 2008, Lease 10 years, and property tax €300 p.a.

The village of Terrazas Costa del Sol offers the security of a leaseback investment and the attractions of a holiday resort. The resort will boast of 328 apartments separated into 16 buildings which include reception, car parking, swimming pool with play area for children, and other leisure areas for families as well as a restaurant and bar for wine buffs.

Walking distance from sandy beaches, proximity to golf courses, polo fields and marinas all make the area perfect holiday destination for tourists from all over Europe.

Apartments boast different architectural styles of typical Andalusia village which mingle with trees and plants producing a rich blend of colours and aromas. It provides a remarkable vantage point for magnificent views across the Mediterranean Sea.

Price (Sale): From € 195,000 (EUR) / £ 147,732 (GBP)

Wednesday, March 5, 2008

Spanish slopes ideal for investment

Spain has an excellent climate and lifestyle and easily accessible from British Isles so it's easy to see why thousands of people buy property in Spain each year. Property in Spain is a safe long term investment which can offer you high capital appreciation and good rental yields for overseas investors. With prices as low as €120k for a 2 bed apt on ski resorts, buying property in Spain is more affordable than one might think. Spanish ski resorts and chalets are now gaining more recognition among property investors, compared to many other European countries.

Baqueira-Beret ski resort
Baqueira-Beret, Spain's largest ski resort founded in 1964, offers plenty of terrain, and a singular cross-cultural experience as it is found in between France and Spain. It's located in the Val d'Arán valley. After Victoria beckham was pictured here it became popular among brits. Spanish royal family also owns a chalet in Baqueira-beret. The property here is cheaper with high rental returns.

 Sierra Nevada ski resort
The Sierra Nevada ski resort is the most attractive to Brits as there are opportunities for year-round rentals. The resort is only 32 kilometers from Granada .The resort is growing in popularity every year; over the last years there is increase in number of British due to the introduction of direct flights to Granada. The guaranteed sunshine, some of the best spring conditions in Europe, a long season and the fact that it is reasonably well priced has gone well with British investors

Resorts in Alpujarras, Lecrin Valley are also in the pipeline. Three-bed apartment for €120 k is a reality in this area and there is a growing expat community in this area. The Use of property throughout the summer for rental returns all round the year increases the influx of investors.

Costa Verde in the north of Spain is also an emerging property hotspot. . It is surrounded by the pristine beaches, sandy coastline and interesting architecture. Next to this you can enjoy the waters of the Cantabrian Sea. Property in Costa Verde can be a great choice, because it's not yet overwhelmed by tourists so investors can get it cheaper. Costa Verde is characterized by mild winters and a temperate climate and has high potential to develop as tourist spot as visitors are increasing every year and an ideal place for year round rentals.

Tuesday, March 4, 2008

Spain GDP annual + 3.5%, fourth quarter + 0.8%

Year ending data from the National Statistics Institute (INE) showed that Spanish economic growth slowed in the fourth quarter of the year. As stats revealed by INE states that the figures on economic growth in 2007 showed a notable increase in GDP at 3.8%.

Eurostat confirmed that The Spanish economy grew more than the economies of other European countries. Spanish GDP grew at 3.8% annual rate and at a 0.7% quarterly rate in the third quarter.

GDP in fourth quarter grew at an annual rate of 3.5% and at a quarterly rate of 0.8 percent .The surprising feature of the data was that on a quarter-on-quarter basis growth accelerated to 0.8 percent in the fourth quarter of the year from 0.7 percent in the third quarter.

The INE said slowdown in the construction sector is the reason for 2.9% in the fourth quarter from 3.8% in the third quarter. Spain's external trade position improved marginally.0.4 percentage point negative contribution from GDP growth in the fourth quarter but when compared with a 0.7 percentage point contribution in the third quarter it is a improvement.

Economists feel that the current cooling of the economy was only temporary and Spain has an economic growth potential of closer to 3.5 percent rather than 3.0 percent.

Monday, March 3, 2008

Investors to benefit from new flights revealed that investors are excited about the Spanish property market as people they are set to benefit from the launch of additional cheap flights to Spain and access to certain regions of Spain which was previously considered remote by investors has been vastly improved by launch of new flights by certain carriers.

Louise Hall, director of said that savvy property investors from UK are keeping a watchful eye on where the main low cost carriers are flying to next. And rightly so; the launch of low cost airlines has opened up previously inaccessible areas of Spain for holiday makers and investors alike.

She said that Barcelona and the Costa Brava region are hot favourites for UK buyers in recent years. In Murcia the provision of airport facilities is further complemented by the improvements to local infrastructure. Property market in Mallorca region is also growing to sublime heights.

British Airways will launch new air routes by the end of March from London city and Heathrow, Gatwick including destinations to Malaga, Alicante and Ibiza.