Just in case you are contemplating buying a property in Spain and the fabulous climate and outdoors lifestyle hasn’t quite made your mind up, here are five reasons 2018 is a great time to buy property in Spain.
High quality homes
Buying off plan quite often includes financial incentives and reserving a property in the early stages means you often buy at below market price and can personalize certain aspects of the property.
Buyers entering the market now are finding an amazing number of new projects for sale of a substantially higher quality than in the past. A more sophisticated, experienced and caring developer has arrived. Developers with projects underway are enjoying much more interest from buyers and substantial success in sales as a result. Buyers are finally receiving an increasingly broad choice of top end properties with an incredible range of luxury features, prices and locations.
Improved economic climate
When you invest in a country you need to be sure the economy is improving and the outlook in Spain is looking sunny in more ways than one. As of April 2017, Spain has shown 14 consecutive quarters of growth. The economy has recovered well since the government implemented a series of reforms including overhauling the banking system and reforming the labour market. Growth remains much higher than that in the Eurozone overall, thanks to thriving tourism and exports.
Attractive borrowing rates
Increasing government regulation of financial institutions and more effective regulations on banks and lenders has prompted a culture of financial safe practice. Base rates continue to fall in the Eurozone and currently sit at an all-time low and as a consequence mortgage rates in Spain are now cheaper than ever. In addition, lending by the banks increased by 17% in January 2017 against the previous year demonstrating that Spanish lenders are keen to lend to non-residents and overseas investors.
Increasing property prices
Spanish property sales are rising. After 7 years of falling house prices, the market has now returned to pre-recession levels and banks are predicting record property sales in the coming year. With confidence back in the market and demand steadily growing once again it’s inevitable that prices will increase so it is wise to invest right now.
Great rental income potential
If you are considering renting out your property in Spain, the unique micro-climate pretty much assures you of a return on your investment. The Costa del Sol is back in full popularity offering a charming mix of climate, fun, luxury living and affordability. With more than 80 golf courses in the region that alone draws tourists with short breaks and of course families love the and stunning beaches.
Make 2018 the year you buy in Spain. Talk to one of our multilingual team today to see how we can find the home of your dreams.
If you a yearning for a taste of the Spanish lifestyle why not hop over for a long weekend in Marbella and sample the delights the region has to offer.
Whether you fly in to Malaga or Gibraltar (great for tax free shopping) your trip must include a visit to the Old Town. Marbella’s Old Town is the perfect place to unwind in a beautiful restaurant drinking your favourite tipple. Wandering the streets of this part of town is the antidote to a stressful life. Los Naranjos Plaza is the centre point of where lovely architecture meets a chilled vibe. The buildings are all whitewashed and topped with terracotta roofs, and many date back to the Renaissance. Some are wrapped in bougainvillea; in fact the whole area is bright with flowers.
For a completely different feel wandering the luxury marina of Puerto Banus is a stark contrast where designer boutiques, sports cars and super yachts merge to create a place that draws visitors with its French Riviera feel.
No trip to Marbella would be complete without a trip to one of the 20 beaches that line this stretch of coast. Relax in a beach side chiringuito, wander along the beach or if you enjoy a party there are several lively beach clubs here including Nikki Beach.
If golf is your passion you will be spoilt for choice with no less than 32 golf courses in the region. There are clubs to suit every level as well as some elite clubs too. Just along the coast in Sotogrande you can play at the exclusive Valderrama or catch a game of polo. Head down to the marina for a bite to eat or charter a boat and head out for a little sailing.
There is so much to see and do in this area that living here is a real pleasure. Whatever your passions and pleasures living on this stretch of coastline offers an abundance of things to do that contribute to the Spanish lifestyle everyone loves.
If you are looking for property whether it is a holiday home or you are looking to transition to living here then talk to one of our knowledge team who can work with you to find the property and area best suited for you.
This was announced in provincial celebrations in Monda by the president of the Malaga provincial government. The well-known and breathtaking natural attraction in El Chorro near Ardales currently covers seven kilometres, including the “daredevil” gorge side path as well as the surrounding woodland.
The proposed extension estimated to be between 5.5 and seven kilometres long, will turn the walk into a circular route so it starts and finishes at the same point. At the moment, the current route is linear and one-way, so transport is required to get back to the starting point.
This tourist attraction is a real draw into the area with higher visitor numbers each year for those who love thrills and nature. Just one of the many reasons to visit Spain and come a little inland to discover some of the countries real treasures.
The Caminito Del Rey (or “King’s Pathway”) was originally built in 1901 as part of king Alfonso XIII’s ambitious hydroelectric energy project to unify three rivers. It was re-opened after refurbishment in 2015 and the new path is genuinely like few other places on earth. At its highest, it’s the closest you can come to feeling like an action hero.
The provincial authority recently met with the regional minister for the Environment, José Fiscal, and the local councils involved (Álora, Ardales, Valle de Abdalajís, Antequera, Pizarra and Campillos) to get the project off the ground.
It was explained that the new section of the route would include more raised walkways around the mountainside and take visitors through beautiful natural spaces that are not normally accessible to walkers.
There was no fixed timeline given and the project will be carried out as soon as possible, although it was pointed out that the new section would not be as complex as the first one to build.
If this is something you’d like to experience, booking in advance is required as only 600 walkers, all wearing hard hats, are allowed up on any one day.
Compact, rich in history and famous for its flamenco, tapas bars and orange trees, Seville is an ideal short break destination, especially in spring before temperatures rise.
Stay in the city’s old town and explore the cobbled streets of the Santa Cruz quarter and the breathtaking Alcázar Palace. Soak up the atmosphere on the banks of the Guadalquivir, and admire the views from the ancient cathedral tower and recently opened Parasol Metropol.
May is the perfect month to bask in Seville’s balmy spring sunshine and sweet scent of orange blossom. No trip to Seville would be complete without a visit to the famous Alcazar. Originally built as a Moorish fort, it’s a warren of tranquil courtyards, ornately tiled reception rooms and lush gardens. Enjoy the scents of the orange groves and 16th-century Jardin de las Damas with its beautiful fountains and bordered pathways.
Stroll through the cobbled streets and squares of the Santa Cruz area, formerly the Jewish quarter of medieval Seville. Tour the Museum of Flamenco where you will find an eclectic collection of costumes with audio-visual demonstrations of the dramatic movements and postures of this famed Spanish dance. There is an hour-long flamenco show here too.
Stroll through Maria Luisa Park to the vast, semi-circular Plaza de España where tiled alcoves represent each of Spain’s provinces. Take a walk along the banks of the Guadalquivir, past the 13th-century, dodecagonal military watchtower of Torre del Oro and cross the river to the lively Triana district.
For another glimpse into Spain’s past tour the cathedral, originally built as a mosque in the 12th century where you can climb the Giralda bell tower, formerly the minaret that boasts some superb photo opportunities.
Seville is a feast for the senses and May is the perfect time to enjoy the many cultural, historic and natural delights it offers.
Covering a 12 kilometre stretch of coastline, Mijas Costa includes the urbanisations of La Cala, Sitio de Calahonda, Riviera del Sol and Miraflores. Each of these is almost a village in its own right nowadays, each having a full range of amenities. There is a micro climate here that leaves the area bathed in sunshine and it is popular with tourists from all over Europe and therefore a perfect investment opportunity if you are looking to buy a property.
La Cala is just 25 minutes’ drive west from Malaga International Airport. It has a more traditional feel than anywhere else between Marbella and Fuengirola as it was a former fishing village and stretches into the hills behind leading into the golf fairways of La Cala Resort and Mijas Golf.
There are so many golf courses just on your doorstep here including Mijas Golf, El Chaparral and Miraflores and with more than 300 sunny days a year, if golf is your passion then you should play in Spain.
The commercial centre of La Cala village has all the amenities you’d need whether visitor or resident including supermarkets, bars, restaurants and shops. There is a lovely weekly market here that is open in winter and bustling in during the spring and summer months.
Sitio de Calahonda, Riviera del Sol and Miraflores are large urbanisations made up of a full range of properties, including apartments, villas and townhouses. You can easily choose any property type and there will be something to suit your needs in these areas that suit those looking for a more relaxed pace of life than Marbella or Puerto Banus.
Starting at the beachside, where you find most of the areas bars, restaurants, supermarkets and shops – the urbanisations have spread up to the base of the mountain, giving spectacular views to the properties situated up there. Properties are definitely more affordable here, as this is not intended to be an exclusive area. It is excellent for families, retirees, and anyone wishing to get on the property ladder in the sunshine!
Mijas Costa is a great place to invest and buy property, whether you want to get in to the holiday rental business, or for those who would simply like a warmer home away from home. New and off plan developments in these areas are good investments so talk to one of our team today to find out more.
Spain offers culture by the bucket load, from Renaissance palaces to fine art museums, there’s enough here to keep even the most impassioned culture vulture occupied for a lifetime. Whether you’re looking for a pleasant interlude on a beach holiday in Spain or a whistle-stop tour of the Spanish art scene, put these destinations on your wish list in 2018.
The Prado Museum, Madrid: Immerse yourself in the elegance of art’s classical era with the ultimate permanent exhibition of old masters. The gems displayed at the Prado include works by El Greco, Rapheal and Rubens, as well as Goya and Velasquez. This sparkling mix of painting and sculpture are the aesthete’s dream – and if you’re looking for a bumper dose of culture you can buy a discount ticket that also includes entry to the nearby Thyssen-Bornemisza Museum and Reina Sofia Arts Centre.
The Guggenheim Museum, Bilbao:You could spend half an hour admiring this building without even venturing inside it, thanks to the architectural genius of Frank Gehry. The Basque Guggenheim is hard to describe without seeing it for yourself, but think a futuristic collision of spaceport and titanium ocean liner and you won’t be far off. Inside, a series of eclectic galleries displays one of the world’s greatest collections of modern art. There are also plenty of interactive exhibitions, so it’s a great place to take family of all ages.
The Alhambra Palace, Granada: If your taste in architecture trends towards the ancient rather than the modern then Granada’s glorious Moorish palace will give your heart strings a good thrum. It’s one of the most beautiful Arabian palaces in existence, and the design blends the grandeur of a sultan’s residence with the impregnability of a fortress. Time your visit to coincide with the annual International Festival of Music and Dance, which takes place within the palace walls and features some of the world’s top orchestras. It’s also possible to stay within the grounds in the Parador Hotel – although you’ll have to book several months in advance to secure a room.
The City of Arts and Sciences, Valencia: If one museum isn’t enough to sate your interest in art, then how about a whole city packed with museums and galleries? Valencia’s City of Arts and Science is packed with buildings dedicated to art and entertainment, including the Principe Felipe Science Museum and the Palau de les Arts, Valencia’s opera house. There are also plenty of less serious attractions for kids and easier-going culture vultures – check out the beautiful aquarium at L’Oceanografic Park and the Planetarium at L’Hemisferic. As the birthplace of paella too, you need to try one of the beachfront restaurants providing this traditional cuisine,