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  • Properties for sale in Spain

Information highlighting the ‘stabilising of the property sector’ from the Bank Of Spain has been released, stating that property sales to foreigners are performing especially well, also with recent statistics released by the Ministry of public works showing that prices are beginning to mellow out, with only a 0.5% decrease between the last quarter of 2013 and the first quarter of 2014.

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The Spanish property market is still one of Europe’s cheapest options for purchase, ahead of France & Italy. It would appear the project, ‘Paramount theme park’, is beginning to gather momentum. It was stated last week that Central government had got involved with fundraising for the project and requested 17million euro to get the project underway from the European Foundation for Regional Development.

With the airport at Covera ready and waiting to become operational, it appears that both projects need each other and this request for funding may not have necessarily been made if the two projects were not being looked upon favourably by those that will be involved in the final decision making process.

The start of the project seems to have been on the agenda for years, but if the sound bites are correct it could be a lot closer than in previous years, the projection of attracting 3 million visitors a year and creating circa 23,000 jobs is contributing to the bigger picture that Spain continues to recover in the construction sector faster than any of its European counterparts, the demand is back Any consideration for buying in the Murcia & Costa Blanca regions now, based upon this information, could be a good move!

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We all have that special place.  That place where the stress of everyday life just ebbs away, where you feel perfectly happy and content.  For me, that place is in Spain.  In Murcia to be exact, in a little place called Los Alcazares.

After many years of spending whole summers on the Mar Menor, I completely fell in love with this area.  This little place that I’m talking about is what I call my favourite spot, the place that I would choose as my last view on Earth if I had too.

The beautiful view at sundown in Los Alcazares

The beautiful view at sundown in Los Alcazares

Now, there is nothing particularly glamorous about this place, no big story to it.  It is just a small beach bar, a little table, with a view of the sea, the sound of the waves and the Spanish locals chatting around me.  At this point, I won’t lie, I usually have a Bacardi and coke in hand too…. We are in Spain after all!

Of course, I’ve got many favourite places in Spain.  The list is endless for me, I go from town to town, city to city, Costa to Costa falling in love with a new place every time.  This little place of mine is a million miles away from the busy cities of Murcia and Cartagena, the glamour of Marbella, the beautiful heights of Almeria.  But there is a certain something about this spot in Los Alcazares that has my heart.

Joanne Lynsdale in Los Alcazares

Joanne Lynsdale in Los Alcazares

I know that I’m not alone in feeling this connection with a place.  So many clients that I speak to have the same love of a certain part of Spain.  That special view they want to see every day, a beach they want to call their own.  In fact, my favourite part of helping our clients find their perfect property is hearing about those little details and special memories that make the process of finding and purchasing a property of their own so very important.

This is why we do what we do.  We know what it is like to feel that connection with a place, coming up with the plans to purchase somewhere, to get yourself a little place of your own in that special area that you love.  To have it all come together is the best feeling in the world.  It isn’t impossible, you know what they say, if you can dream it, you can do it.  Let us help.

Your Dream. Our Passion. Talk to us today…

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The Spanish banks are back in the game and are now actively looking for business, just as in the UK the Spanish market needs to have learnt its lesson to ensure no repeat of the banking actions that contributed to the crisis that saw many suffer in 2007.

The information coming out from the respected institutions suggests Spain is on a road to recovery somewhat akin to the media output in the UK about its recovery, partly confirmed to a large extent by the fact that there are in excess of over 50 new developments underway in Costa Blanca alone!

So mortgages are available (subject to criteria) Your Place in Spain have teamed up with a long standing organisation named Mortgages Directa based in Spain, they can offer a variety of products for clients wishing to buy with a mortgage for their Spanish property.

With prices at the current levels it would seem a mortgage is a more than reasonable option to which any possible rentals could contribute to its repayment and should be a consideration for any buyer.

You have the peace of mind knowing also that the Spanish banks have done the necessary checks about the land and the quality to offer their money to mortgage borrowers.

You can access the mortgage calculator at www.yourplaceinspain.com scroll to the bottom of the page, click on the Md logo, once on the site you can establish a monthly payment entering the amount to borrow (usually 75%) the interest rate (currently 2.5% above Euribor which is 0) and how long you want to have the mortgage. The information should give you an estimated figure that will be close to what the actual and correct figure will be.

As with all financial actions, care needs to be taken to ensure all that is in place to support the application is sufficiently stable, therefore maximising the enjoyment of buying your Costa Blanca apartment or Villa in Murcia.

A full range of frequently asked question are listed on the site and a contact option, of course Your Place in Spain will answer any questions they can for you.

If a Spanish mortgage is something that interests you then please talk to us first. It is always wise to receive some estimated figures before taking your interests to the next level; after all you don’t really want to be rushed about having to take an option after agreeing to buy your Marbella apartment do you?

As with all mortgages your property is at risk if you don’t keep up with payments. Please be advised the figures used in this information whilst aim to be accurate, are for guidance and actual costs & figures would be supplied by the relevant experts.

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Demand for Marbella’s prime location properties is outstripping supply, states a recent article in the Daily Telegraph, to those people familiar with this stunning location whether returning holidaymakers or owners it will not come as a surprise.

The international market place that exists aligned with Spain’s new golden visa program and the unwavering commitment from the Mayor of Marbella Angeles Munoz of restoring the locations reputation and profile is creating investor interest, so much so that the article also suggests Marbella is Spain’s fastest growing market place in terms of number of Marbella Villa sales at average costs of circa 4500euro to 6000euro plus per sq metre

The article also suggests that none other than George Clooney is said to have purchased a house in Marbella’s upmarket Sierra Blanca location last year.

At Your Place in Spain we have excellent portfolio of Marbella apartments & Marbella Villas from circa 65,000euro to in excess of 15 million euro  visit us at www.yourplaceinspain.com see if your ideal place in Spain is there, we look forward to talking with you.

http://www.telegraph.co.uk/luxury/property-and-architecture/28282/marbella-rocks.html

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