Showing posts with label Costa-Del-Sol. Show all posts
Showing posts with label Costa-Del-Sol. Show all posts

Tuesday, April 22, 2008

Experts recommend property in Malaga

Despite all gloomy predictions about property in Spain and increasing pessimism about Spain’s housing market, Spain’s property market’s performance in the last quarter is not as bad as it was projected. Spain’s real estate is now a buyer’s market, but it is also a intricate situation of local markets performing in different ways. Overseas property buyers could find a number of good investment opportunities in Malaga, experts have stated and Buyers have to adapt to the conditions of local markets.


The house price inflation rate in Malaga when with other areas is favourable for the investors even though at first look it seems bad. Homes Worldwide has reported that house prices in many parts of the Costa del Sol are increasing at a slower rate and Malaga showed increase of only 1.5% in 2007.

Homes Worldwide believes that market conditions will pick up sooner or latter. This is the perfect time overseas investor’s could grab a property for a bargain price before the market picks up again. Sociedad de Tasacion, one of the Spanish appraisal companies expects that Spanish property will continue to deliver higher returns with less risk than the stock market.

Figures from Kyero.com show big variations in changes of regional asking prices in 2007. Property asking prices appear to have increased by 10.7% in Malaga province. Mark Clifton of the International Property Partners in Marbella has said that property prices are back where it was 3 years back.

There are reasons to consider purchase in Malaga. The expansion of Malaga airport and construction of new rail links along the coast would increase the visitors numbers and for Attractive properties in the right areas combined with realistic prices can put Malaga property back in track again. This could be the best time in years to get quality property for reasonable prices in Malaga.

Tuesday, April 8, 2008

Spanish Costas entice property purchasers

Industry analysts revealed that Spanish costas are still trendy location for property purchasers and there is intense demand for property for sale.

Spanish property portal Kyero.com claimed that Costa Blanca itself accounted for more than 25 percent of enquiries in 2007 regarding properties in beachfront.

The beauty and stunning climate of Costa Blanca and affordable property prices are the main reason for its huge popularity among overseas investors. This region is favourite place for holiday makers and overseas retirees. A large number of British expatriates have already homes in this region which speaks out for the fact of its popularity.

Martin Dell, managing director highlighted the appeal of Costas and indicated about the variety of properties it offers to property purchasers. However, he also recommended property purchasers to check the other factors like accessibility, amenities when purchasing the property.

The recent survey by Kyero.com confirmed Spain as a whole is proving to be particularly popular among expats from the British Isles. More than 750,000 of Brits own property in Spain and around 160,000 Brits have settled there permanently.

The website said that the gorgeous beaches, exciting nightlife, British food, English TV channels and harmonious relationship with Britain which makes Spain a popular destination for Brits.

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)