Benefits of buying off-plan property

Benefits of buying off-plan property

Whether you are looking for a villa, holiday home or place to retire to here in Spain, buying off-plan has many benefits. Here on the Costa del Sol, one of southern Spain’s top destinations, we work with tried and trusted developers that know how to choose fabulous locations and top-notch fixtures and fittings.

Firstly, you’ll be buying a brand-new property that benefits from modern design and the latest in energy efficiency, as well as open plan Mediterranean style living. Properties here are built focussing on the outside space and vista. Open plan interiors are now part of the Mediterranean lifestyle.

When you buy off-plan you often get the opportunity to personalise aspects of your new property. Those could range from kitchen worktops, tiles and flooring through to adding a gym, chill out area or cinema room on the higher value villas.

Buying off-plan means staged payments too so you keep your money earning interest for longer. Quite often buying off-plan means below market prices at this stage so you are getting real value for money.

We have a fabulous range of off-plan apartments and off-plan villas to choose from. When choosing an off-plan property all you have to do is opt for the location that suits your lifestyle best and you can be assured of high quality design and in many cases, the additional benefit of excellent on-site facilities.

If you would like to talk to one of our multilingual property specialists today, then please contact us, and we can guide you through the purchasing process. You could be owning your new home in Spain in no time at all.

Forbes list Spain as one of the top ten places to live abroad

Forbes list Spain as one of the top ten places to live abroad

Forbes has compiled its list of the best places to live if 2020 is the year you want to quit your job and move abroad. Spain was in the top ten places to choose and in fact came in at number 8.

Why Spain?
Forbes stated: Spain has the highest living standards—and for a lot less than in the U.S. “There’s no question of having to give up anything in living here. In fact, you’ll gain a lot,” says Marsha Scarbrough, International Living’s Spain correspondent. “Outside the tourist zones, you may need to know a little Spanish to get by, but there are plenty of beach areas with large, English-speaking expat communities. In my experience, Spanish people are friendly, helpful and curious about other cultures.

Cost of living
Spain has one of the lowest costs of living in Western Europe. Even in Madrid, one of the most expensive locations, you can live modestly on $2,000 a month. Rent is cheaper than the U.S., and living in a city you don’t need a car—which is a huge saving. Because of the warm climate, many basic food items are inexpensive in Spain, as well. Choosing the right location means those costs could be even lower – those of us that already live here know that going out and socialising is part of the culture and it costs a fraction of what you would pay in a UK or US city.

On the Costa del Sol, the sun shines an average of 320 days a year making it perfect for outdoor leisure including golf, polo, sailing, water sports, walking and cycling. Hot sunny summers and temperate winters a what draw people here. With Granada right on the doorstep there’s also the opportunity to ski too during the winter months, all just one hour from Malaga.

If you are considering moving to Spain after hearing what Forbes have to say the give us a call on one of the numbers below. Our team of property experts can help you look at areas that will suit your lifestyle.

Happy Christmas from us all

Happy Christmas from us all

We would like to take this opportunity to wish you a very Merry Christmas and whether you are at home or spending Christmas here in Spain, then eat, drink and be merry. Looking back at the last 6 months we have seen that business is booming despite the political situations and Brexit.

Property in Spain is still proving popular with international buyers whether that is as an investment opportunity or as a second home. House prices increased by an average of 3.7% across Spain as a whole last month, in line with the year-to-date increase of 3.8%.

Since the house-price lows registered at the end of the recession, house prices in Spain have gone up by an average of 16.8%, with bigger leaps in the case of the Balearic and Canary Islands (+29.1%), regional capitals and big cities (+26.8%), Mediterranean coast (+15.8%) and metropolitan areas (+13.6%).

Whether you are looking for an apartment on a golf course or a sumptuous villa with a sea view, the quality of the new builds is amazing. With Mediterranean living being one of the healthiest on the planet, the quality of life here is one of the main reasons people choose to relocate.

One of the best ways to grab yourself a great value deal is to buy an off-plan property. Quite often they are competitively priced under market value early in the build stages and may even offer extras like a furniture pack or the option to personalise certain aspects of the build.

As an well-seasoned agency with over ten years of buying and selling homes in Andalucia, our experience is unrivalled and we can advise you on the areas that will suit your lifestyle requirements. We can offer you advice about the buying and selling processes and an after sales service too.

Brexit is set for 31st January 2020 – if you are worried about buying property here then don’t be. Non EU citizens have been buying property in Spain for decades.

The whole team here at Bromley Estates Marbella wish you a fabulous festive period.

Malaga’s stunning Christmas light show

Malaga’s stunning Christmas light show

If you’re planning on visiting the Costa del Sol this Christmas, or indeed live anywhere along the coast you can’t miss coming to visit Málaga City Centre to see the stunning Christmas Light display in the city’s famous Calle Larios.

Málaga’s Christmas lights have quickly become one of the most talked-about and anticipated attractions. The Town Hall spends thousands on Christmas lights – this year’s budget is a staggering €806,000 (€532,830 for Calle Larios alone!) – And the results speak for themselves.

This year’s show is located in Calle Larios and features a ‘Christmas Forest’ light show which will include 342 aluminium and glass leaves illuminated by special LED lighting, more than 100 aluminium suns ranging from 1 to 4 metres in diameter with lighting on both sides, and the impressive structure will also feature angels. The above will be housed in a structure composed on 22 12.8-metre-high aluminium arches and 1000 12-metre-long LED strips of light!

One of the novelties this year is that you’ll also be able to visit the lights during the day as the aluminium used is designed to reflect the sunlight and create a unique daytime light show.

After the success of Málaga’s light show in recent years that has attracted millions of visitors – this year’s festivities will also feature a spectacular light and sound show. Officially opened to the public on Friday the 29th November, there will be three light shows every evening until the 5th January, the first at 6:30pm, the second at 8:00pm and the third at 9:30pm.

There is still plenty of time to come along and see the stunning show and whilst you are in Málaga why not make the most of those fabulous shops and the history and culture fitting in visits to one of the museums or art galleries.

We have some fantastic properties in Málaga including these stunning apartments built in a historic building in the city.

It’s almost ski season at Sierra Nevada

It’s almost ski season at Sierra Nevada

One of the benefits of living in Andalucia and in fact in Spain is that after months on those beautiful beaches, you don’t have to travel far to enjoy the powdery fresh slopes of the Sierra Nevada. Just over an hour from Malaga, this great resort has implemented some changes for the coming season.

The ski and mountain resort of Sierra Nevada has invested 9 million euros in a comprehensive plan for the new season that covers all the services of the station. This was announced on 12th November by the CEO of Cetursa Sierra Nevada, Jesús Ibáñez, during the presentation of the 2019/20 winter season in Madrid. There are some special offers on the website that include passes and hotel stays.

Ski lifts
During this season users will have information screens on almost all lifts to know the condition of tracks and lifts. Service information, safety advice and weather events will follow each other on the screens installed in the lower stations. The Monachil chairlift, meanwhile, will change the entrance door to the ski lift to make skier access easier and more comfortable.

Snow produced
There are 33 new snow cannons on the track of El Rio. The new canyons are all fixed except two that are mobile and produce the same amount of snow in half the time as the old ones.

Snowpark
The Sulayr snowpark will premiere a larger freestyle mat that is connected to the Skiline recording system, so you can replay your awesome moves once your trip is over.

Restaurants
The après ski is just as important as the actual skiing itself. The resort has a new Domino’s Pizza restaurant in the lower station of Ts Monachil. The Winery, in Pradollano, has a renovated outdoor terrace and inside has introduced the concept of Tap Station, San Miguel, for tasting draft beers inspired by the most emblematic beers in the world. In Borreguiles, the Chill Out terrace has undergone remodelling. A new point ‘food track’ will be installed next to DreamLand.

Competitions
The slopes of Sierra Nevada will house about thirty official competitions of all disciplines and for all ages. Four Spanish championships stand out: Snowrunning (snow mountain race), Potholes (freestyle), School (alpine skiing) and Veterans (alpine skiing). However, the highlight of the season will be the return of the World Cup with a Snowboard Cross event, which will be held on March 6 and 7, 2020 with the participation of the best riders in the world of discipline, including the Spanish Lucas Eguibar and Regino Hernández.
If all this has you dreaming about dusting off your snowboard or traversing a tantalising slope then Sierra Nevada is literally on your doorstep.

Where are buyers looking for property in Spain?

Where are buyers looking for property in Spain?

During Q2 of 2019 there were 16,209 homes purchased across Spain by foreign buyers according to data from Spanish Association of Land Registrars. The market with the highest proportion of property buyers from abroad was Alicante province in the Valencia Region, home to the Costa Blanca, where 41.81% of home sales in Q2 involved a foreign buyer.

Next came Tenerife province in the Canary Islands (28.91%), followed by Malaga / Costa del Sol (27.9%), the Balearics (27.49%), and Girona / Costa Brava in Catalonia (26.04%).

Generally speaking the activity is from predominantly British buyers who aren’t being put off by Brexit ups and downs. And we can see why, as whether buyers are looking to come and live here in Spain or buy a holiday home, the property prices are still very reasonable and Spanish mortgages are available for non-residents.

The table* indicates the popularity of Andalucia and with the fabulous climate, top notch golf courses and great outdoor lifestyle you can see why. This area is only a few hours flight from the UK.

 

With a General Election looming and the cold weather closing in around the UK, what better time is there to start planning for your new life in the sun. Here at Bromley Estates we have a great selection of properties for all lifestyles and budgets and a multilingual team who know the areas of Andalucia very well.

If you would like to understand the Buying Process here we have a great document to help you, although speaking to one of the members of our team is just as easy. Call us on (Spain) 0034 952 939 460 or (UK) 0044 208 068 7606 or drop us an email on info@bromleyestatesmarbella.com.

We have some superb value exclusive developments at the moment.

*Spanish Property Insight

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