Alicanteos

The prices of flats in Barcelona has increased by 7,5 % during the last year but they now take an average of 19 months to be sold, 5 months more than last year. In spite, of increasing prices promoters try to be generous they offers flexible financing , sometimes the parking is for free or at bargain price in the package for a flat.

The average price of a 94 square meters flat is 652.752 euros, that the double of the price for the same flat compared to the price in 2003.

Source: Lavanguardia

Technorati Tags: barcelona, flats, price

Private residences with swimpools , sport area and green zone, in a 24,000 m2 zone.
Flats with 1, 2 or 3 bedrooms , fully equipped, the building is located near a golf school and Poniente Beach .

Price starts at 162,500 Euros
Superficies for flat starts at 60 m2 (one bedroom)
Availability in January 2008

More info at Grupo Mahersol

The numbers of holiday properties to be sold in the next 5 years is excepted to be around 650,000 claims the real estate investment company Pierre & Vacances, Spain is considered one of the most attractive European country for that type of housing.

Costa Del Sol (Andalucia) is the most demanded area high level of tourist activities, services , golfs and profit make it attractive. Investing in Andalucia is considered safer than in any other area of Spain says expert from Pierre & Vacances, there is also little probability of price drop for Andalucia.

Speculation has stopped being the heart of the Costa Del Sol properties market, speculators have moved to new emerging markets such as Bulgaria, Brazil, Morocco and Dubai. Today, the typical investor for a property in Marbella is someone looking for a stable investment such as from rent revenue.

Technorati Tags: andalucia, property, market, marbella, investment

An average of 103 days is now necessary to sell a property in Barcelona this is 21 days more than last year that’s the result of a survey from Tecnocasa group and UPF (University Pompeu Fabra).
They also find out that price during the first semester of this year only rose 5,45 % that 11 points less than last year at the same period.
The trend of more days to sell a house is common in the entire Spain between January and June the national average to sell a property irose to 112 days.

Barcelona stays at the top of most expensive cities in Spain to buy a property, with average price per square meter of 4,481 euros an increase of 233 euro (+5,24%) compared to last year at the same period.

The financing of property purchases through mortgage has reached the average of 172,147 euros an increase of 7,82% compared to last year at the same period.

Technorati Tags: barcelona, price, mortgage, property

About 19,000 properties built in Marbella with illegal licenses will be legalized under the new Urban Master Plan (P.G.O.U.) of Marbella. From 1991 to 2002, the city of Marbella was in the hand of mayor Jesus Gil, the man was first popular among the citizens he reduced street crimes and started a real estate boom. However, in the recent years, that idyllic image faded away, Juan Antonio Roca was the planning adviser of mayor Jesus Gil, the man pursed a quest to wealth giving the impression that his motto was the ‘the end justify the means’, the council handed out building licences for tens of thousands of homes which higher authorities now deem not legal. In 2002 Jesus Gil was banned over Roca the man behind the curtain was able to use the next major Marisol Yagüe (Today, she faces charges of bribery, perversion of the course of justice, and of altering the prices in municipal deals )

Juan Antonio Roca, 53, is in prison he siphoned the wealth of Marbella for him and his partners in crime.

Technorati Tags: marbella, corruption, housing, legalize, urban master plan