Property Supplement CDS 29 Feb – 6 March 2024 Issue 2017

PROPERTY SPECIAL THE

Costa del Sol

IN 2024, purchasing property on the Costa del Sol remains an attractive prospect for many individuals seeking a slice of Mediterranean paradise. The region, situated in the southern part of Spain, continues to be renowned for its stunning beaches, vibrant culture, and excellent climate, making it a desirable destination for both vacationers and those considering permanent residence.

The Costa del Sol property market in 2024 is marked by a diverse range of options, catering to various preferences and budgets. From luxurious beachfront villas to modern apartments in bustling coastal towns, there is something for everyone. Investors and homebuyers can explore areas like Marbella, Estepona, and Malaga, each offering

a unique blend of amenities and charm.

Purchasing property

The real estate market on the Costa del Sol has seen steady growth, driven by both domestic and international demand. With a reputation for excellent infrastructure, healthcare, and educational facilities, the region has become particularly appealing to retirees, expatriates, and investors looking for a stable market.

In terms of pricing, the Costa del Sol’s property market can be diverse. Luxury properties with panoramic sea views and high-end amenities may command a premium, while more affordable options can be found in the inland areas or smaller coastal towns. Additionally, favourable financing options and a competitive mortgage market

enhance the accessibility of property ownership for potential buyers.

Legal considerations are crucial when purchasing property in Spain, and it is advisable to engage the services of a local lawyer to navigate the intricacies of the process. With a well-established and transparent legal framework, the Costa del Sol offers a secure environment for property transactions.

As the region continues to evolve, the Costa del Sol in 2024 presents an enticing opportunity for those looking to invest in a Mediterranean lifestyle, combining modern conveniences with the timeless allure of Spain’s southern coast.

Benahavis top

Three Costa del Sol towns are the most expensive in Spain according to Idealista.

IN the latest assessment of the Spanish property market by real estate portal Idealista for the last quarter of 2023, Andalucia stands out particularly Benahavís, Marbella and Estepona, all of which have significantly high prices compared to the rest of the country.

Benahavis tops the list with an impressive average price of €2.21 million, followed by Marbella with €1.49 million and Estepona with €608,600, with the region standing out for its luxury market, especially on the Costa del Sol. At a national level, the property market shows a trend of high demand in locations on the outskirts of large cities, with Las Rozas de Madrid leading the way with an average price of €590,200.

Valencia, with an average price of €248,250, and the Canary Island capitals of Santa Cruz de Tenerife and Las Palmas de Gran Canaria, with prices of €248,850 and €255,400 respectively, reflect the diversity of the market and demand in different regions of Spain. These figures contrast with the high prices in the Andalucian real estate market.

The comparison reveals a varied Spanish market, where demand is distributed in both peripheral urban areas and luxury coastal areas. Andalucia, with its prominent luxury centres of population, is positioned in a higher segment of the market, attracting buyers and investors interested in exclusive, high-value properties, while other regions show a different dynamic, with a greater concentration of demand in accessible suburban areas and provincial capitals.

Making dreams come true!

IT is true that many people are desperate to become property owners in Spain, not just for the investment potential, but to have a home away from home in the place of their dreams.

But, of course, not everyone’s budget can stretch to a beautiful villa in an exclusive area, or closed community. Investing in an apartment is still a very good option. Buying through a reputable agent and using a good locally based lawyer is still highly recommended. Countless numbers of people have had great experiences through their purchase of an apartment in communities and there are some advantages to this.

Many communities on the Costa del Sol have a high number of foreign residents, some living full time and some part time. Communities can be very friendly places where people can share their knowledge and experiences of the area, help to solve problems, explain what the role of the Community Administrator

is, and provide you with useful contacts and recommendations for builders, plumbers, or equipment suppliers which you may need.

useful

Your neighbours can also give you hints about keeping cool in the summer and warm in the winter, where to go shopping, find Spanish lessons: the list is endless. There are some luxurious apartments available on the Costa in beautifully kept communities, so having budget restrictions doesn’t mean you can’t make your dreams a reality.

Buying in a community with other foreigners around can make a simpler transition to your new home when a lack of Spanish may be a hindrance. English is still the most widely spoken foreign language among the international community regardless of where they come from. Prices of apartments are rising in relation to the overall increase in property prices on the Costa del Sol, so it is still a great investment.

Licensed to rent

ANDALUCIA recently approved legislation which will give local councils the power to restrict the number of short-term holiday rentals in ‘saturated’ areas.

In order to avoid being caught up in this growing regulation of the market, it is essential that property owners who already rent their homes to holidaymakers (or intend to do so), make sure that they are up to date with all the legislation. And that starts with the tourist licence.

The procedure is relatively simple; many property owners use the services of specialist firms who know their way around the legislation while others go it alone. The important thing to remember is that failure to comply with the law can leave property owners exposed to the possibility of hefty fines from €2,000 up to €150,000.

The application for a tourist licence, once successful, culminates with the registration of the property in the tourist register of Andalucia. Whether the property is in Mijas, Marbella or Manilva the steps to take are the same but, before you start this is what you are going to need:

Documents:

• Licence of first occupation

• Title deed

• Latest IBI receipt

Property must have:

• Ventilation

• Adequate furniture

• AC and heating

• First aid kit

• Tourism information

• Complaints forms

• Cleaning on arrival and departure

• Bed linen and kitchenware

• Contact number

• Instructions for appliances

• Energy efficiency certificate

• Civil liability insurance

Once you have your Tourist Licence you need to register your property with the Local Police as you are required to submit ID details of each guest over 16 years of age.

If you plan to rent out your property, secure your tourist licence now and help keep the market transparent and well-regulated.

Developments streamlined

ANDALUCIA has taken a giant step forward in speeding up the processing of urban development projects

the

.

The Junta de Andalucia is taking another step forward in its bid to simplify the enormous administrative procedures faced by numerous urban development projects in the region. A decision which, pending further developments, should have a major impact on the province of Malaga, a major real estate reference point.

Particularly relevant in this context are the changes introduced to lighten environmental authorisations, one of the major bottlenecks facing urban development procedures. The Junta’s move will allow, according to its report, 40 per cent of the environmental authorisations to be resolved in a simplified manner.

Among the most important measures are the updating of the Law on Integrated Environmental Quality Management (GICA), the streamlining of procedures, the adaptation of the entire regulatory framework (including the system of environmental authorisations) and the implementation of a one-stop shop model for environmental procedures.

“With all of this, the processing of metropolitan transport, urban developments and industrial projects will be improved,” a spokesperson for the regional government said, adding that these actions will reduce the time taken to process applications from eight to five months.

million massive construction plans €600

MALAGA is the province with the most housing projects completed at the end of 2023 and has over €600 million of new construction currently underway.

The largest investment for housing completed in 2023 was in Marbella followed by Malaga City. Marbella had new builds completed in 2023 to a

value of €160 million compared to Malaga with €140 million.

In the opinion of the Architects of Malaga in the province, during 2023 there has been a “consolidation” in the pace of construction with a return to the figures of the years prior to the real estate crisis.

Almost every national and

many international developers are involved in construction projects in and around the Marbella area together with many smaller developers with projects of two or three properties.

The location with the most projects currently underway, is Mijas with 76 projects approved and a budget of

almost €140 million over a surface area of over 200,000 square metres. Projects currently being developed in Marbella amount to €290 million, €136 million in Mijas and €85.5 million in Benahavis. In the capital, there are 125 projects already approved with a total budget of €100 million.

However, the Architects’ Association has once again pointed out the scarcity of finished or ongoing subsidised housing, with only one project underway in the capital. In the rest of the province, for the time being, there are no new developments of subsidised housing, nor are they expected.

COSTA del Sol is an area of contrasts, including the real estate market.

€80,000 to €38 million

RESALES ONLINE is the database used by the majority of agents on the Costa del Sol and, as at the beginning of February 2024, there were 12,724 properties listed for sale. Average prices don’t tell the whole story though as there are several extremes.

At one end of the scale, the cheapest property currently for sale is a one-bedroom studio in Benalmadena Costa for €81,500 and, excluding garages and plots of land, there are just 83 properties currently for sale on the Costa del Sol for less than €150,000. Of course, if you are looking for a 30 square metre parking space in Estepona there’s one for you at €55,000.

Contrast that with over 600 properties currently available for sale with an asking price in excess of €5,000,000. And that includes a 2,000 square metre villa on the Mijas beachfront for €38,000,000, the most expensive property on the database.

Often referred to as the most luxurious Villa on the Costa del Sol, the property has 10 bedrooms, 12 bathrooms and 7,000 sqm of beautifully landscaped gardens overlooking the Mediterranean.

Royalty, Presidents, Billionaires, Sheiks and Superstars have graced its beautiful rooms. Even the boy band ‘One Direction’ gave their début performance here in the X Factor ‘judges homes’ episode. We imagine you’ll be getting your cheque book out immediately for that one!

Photo: Facebook / Villa Moana

SVENSK HEMSERVICE

SVENSK HEMSERVICE are a company, located in Fuengirola, that cares about each and every one of their clients. They offer a high level of personal engagement and a value for all customers, whether their requests be small or large. They cater for many nationalities and are accustomed to helping people from all over the world find, and love, their new life in Spain.

Svensk Hemservice are fluent in Swedish, English and Spanish.

However, this Swedish home assistance company can actually do much more than just help you manage the tasks of daily life and to perfect the household, they can also start by finding you your perfect home, right here on the sunny coast of Spain. Johan is the co-owner of the company and an experienced property expert who manages all of the Svensk Hemservice real estate proceedings. He has recently

created his own unique application that can be downloaded onto your smartphone which has been designed especially for buyers and renters that are interested in the Costa del Sol area.

He has many years of practical experience in the real estate industry and is committed to finding the perfect fit for each and every one of his clients. Svensk

Hemservice will assist you throughout the entire process of buying your new home, from finding a property that suits your unique needs, to purchasing, and complete management of local taxes, not forgetting of course the best part, moving in!

They provide their clients with the essential local contacts regarding lawyers and banks with whom they have extremely

good relations and experiences. Svensk Hemservice will ensure that you get settled in your new home in the sun as quickly and smoothly as possible. They take care of all the hard work and hassle, so that you can focus on the important thing: enjoying your new dream life in Spain. They can also help you to find properties to be rented for a short or longer periods, in order to try out living everyday life on the beautiful Costa del Sol before deciding to buy a property here, and moving out permanently. Svensk Hemservice have a wide network of contacts and properties on the coast, alongside a deep and thorough understanding of the current real estate figures and trends in the area. Their committed staff possess the language and personal skills needed to ensure you get the best possible deal on your new home.

To take the first step to a new adventure on the Costa del Sol, or for any more information on the services Svensk Hemservice can offer, contact Johan on +34 622 664 237 and have a chat today about how he can assist you in any of your real estate needs. Alternatively, email Johan at johan@svenskhemservice.com

Meet property expert Johan

EURO WEEKLY NEWS sat down with the man behind the magic of the Svensk Hemservice real estate service. Johan is originally from Sweden and has been living on the Costa del Sol for a number of years working in the real estate business. Johan is not only committed to providing an impeccable property finding experience, but he is also deeply passionate about his work too.

Johan explained to EWN that he has been working in real estate for many years and specialising in the Costa del Sol area since 2019. He stated that: “I am lucky, because I can help people find their dream home, to start a new life. Each time that I succeed at this it means that I not only reached my goal, but also my client’s too. I am grateful that I get the opportunity to meet new people and learn about them, at the same time learning how to help my clients even better. I believe we can always become better

as people and as real estate agents.”

We asked this real estate expert what makes the Costa del Sol area so special in terms of buying a property. Johan explained that: “The market in Costa del Sol is special because it covers a lot of land, and people from all over the world find themselves living or wanting to live here. You can always find your place, either at the beach or in the mountains or in a city, and the properties are from one bedroom apartments to a mansion or a big farm inland.”

Another question that many are surely curious about, is whether or not this is a good time to buy, and what the coast can expect from Costa del Sol’s property market in 2024. He told us, “Yes, during 2024 we can expect the market to point upwards, especially down here on the coast and many people are always looking for a great property in the area.”

Finally, we asked Johan what advice he would give to anyone who wants to buy a home in Spain but does not know where to start. He said his best advice would be: “Think about what you need in terms of size, easy access, views and whether you are looking to be close to the airport or other public transport services.

“You also need to think about if you are looking for a holiday home, investment or to a new start in life. Concentrate on one area, or it will be too much input. Go on holiday and get a feel for different places, and since the market is fluent don’t go looking at a property until you are ready to buy, otherwise it will be gone next time you come here.”

C. José Cubero Yiyo, 3, 29640 Fuengirola, Málaga 622 664 237 johan@svenskhemservice.com svenskhemservice.com

We support you all the way

WITT ESPAÑA ESTATES is a real estate agency with Danish and Austrian roots, consisting of the owner Tobber Witt along with Cemil Kantur. Our passion lies in embracing the Spanish lifestyle, culture, and the incredible sunny weather that graces this region.

As fellow homeowners on the Costa del Sol, we understand the excitement and challenges of finding your dream home. Drawing from our own experiences and expertise in the real estate industry, we are always eager to share valuable insights with you.

As your trusted buyer agents on the Costa del Sol, we prioritise your satisfaction and ensure you are in safe hands. Whether you seek guidance on property purchases or assistance in finding a home on the Costa del Sol, we are fully prepared to guide you throughout the entire process. Our most important task is to guide you and provide the necessary buyer advice throughout. Providing a secure, and seamless experience based on a real and honest relationship.

We will go above and beyond to help you find the exact property you envision, negotiating the best possible price on your behalf. Although what you think is perfect might be different than you first assumed.

Having worked as real estate agents in Costa del Sol for many years, our knowledge of the entire Costa del Sol is unparalleled. Whether you are searching for a holiday retreat, investment opportunity, or a permanent residence, we are dedicated to guiding you in finding a property that aligns with your requirements

and price range. But remember haste is a burden - it will hardly be sold out

As agents living in Costa del Sol, we can be your eyes down here and access a wide range of properties for sale on the Costa del Sol. From distressed sales to luxurious homes, we collaborate closely with local real estate agents and banks along the South Coast. This allows us to present you with Spanish resale properties at reduced prices, as well as new developments designed in a Scandinavian style, with spacious terraces and

breathtaking sea views.

Are you ready to embark on the journey of finding your dream home on the Costa del Sol? We are here to support you every step of the way, ensuring a smooth and enjoyable process. We eagerly anticipate learning more about the type of property you are looking for.

Throughout the years we have built up a large range of network, being able to help with anything from the idea of finding a home/ holiday home/investment all the way to purchase and beyond … Because we’re also there for

you after the signature, if it’s for help with rentals, renovation or whatever questions you may have.

Buying a Townhouse or Apartment on the coast

WHEN considering the purchase of a townhouse or apartment on the Costa del Sol, it’s essential to navigate the real estate market with care and consideration. Start by defining your budget and preferred location, whether it’s the vibrant Marbella, charming Estepona, or any other picturesque coastal town.

Research is key; explore various neighbourhoods, amenities, and nearby attractions. Assess your lifestyle needs and determine whether you prefer a beachfront property, golf course views, or proximity to city centres. Engage with local real estate agents who specialise in the Costa del Sol market; their expertise can guide you through available options and negotiations. Consider property types, such as new developments, resale units, or offplan purchases. Understand the associated costs, including property taxes, community fees, and maintenance expenses. Legalities are crucial, so ensure all paperwork is in order and consult with a local lawyer to navigate Spanish real estate laws.

Visit prospective properties to assess their condition and ambiance. Evaluate the community vibe and facilities, such as pools, gyms, and security measures. Lastly, be patient and vigilant throughout the process, and don’t hesitate to seek professional advice to make an informed decision. With diligence and research, finding the perfect townhouse or apartment on the Costa del Sol can be a rewarding investment in your dream Mediterranean lifestyle.

INTRODUCTION

High quality craftsmanship combined with functionality and a modern look are key factors for the international furniture chain BoConcept.

“BoConcept is a very strong international concept with more than 250 units around the world and with their knowledge of design, service and high quality furniture we are proud to open up a store which will inspire anybody who has a desire for modern furniture,” explains owner, Jan Petersen.

The interest in furniture with roots in the Scandinavian design tradition is increasing and BoConcept with its origin in Denmark in 1952 has a long tradition for producing and designing modern furniture with respect for its strong design heritage.

“We are really looking forward to welcoming all design lovers to our new fantastic BoConcept store,” explains store manager, Susanne Brant.

BOCONCEPT CONCEPT

One of BoConcept’s strong competencies is customisation. “Our customers have different needs and tastes, and a new piece of furniture has to have measurements and functionality that fits with our customer. Therefore, most of the furniture we sell is customised,” explains Jan. The variations are almost endless. When it comes to sofas the choice is between different modules, armrests, legs and of

ADVERTISING FEATURE

course leathers and fabrics. And even wall systems, tables, chairs and beds are based on this intelligent modular design.

INTRODUCTION

Since 2007, PlusStore has been providing the best of Scandinavian and European design to it’s customers on the Costa del Sol. PlusStore is a store within a store located on the top floor of the BoConcept Malaga showroom in Mijas.

“At PlusStore, we strive to give you an exceptional shopping experience - from the moment you walk into our store until the last piece of furniture is delivered and assembled in your home. Your satisfaction is always our priority,” explains Susanne.

PLUSSTORE CONCEPT

Knowing everyone has different needs and budgets, we want to help you find the best solution. For example, you might want a customised interior design solution: we will work with you to tailor our wide range of furniture and accessories to your needs. We will show you what the furniture will look like in your space and provide you with a collage, 3D views and a floor plan. Our interior design service is always free of charge. PlusStore offers a variety of different brands, each special in it’s own way. We urge customers to mix and match, to create a unique, unified look for their home.

Here you can find Carl Hansen, Fritz Hansen, Louis Poulsen, Montana, HAY, Hilding Anders, Cane-line, plenty of styles, views and examples, so the client can have too many different possibilities for interior decoration.

“The idea which represents PlusStore Mijas, Marbella and Puerto Banús is to offer the customer a high quality interior design, durable and guaranteed, offering the best products, from the best brands and with best designs; giving them the opportunity to create, combine and design their own space from the variety of products and brands that we offer.”

Carr. de Mijas, KM. 3, 5, 29650 Mijas, Malaga 951 242 092 | malaga@boconcept.es

Maintenance !

PROPERTY maintenance offers a multitude of benefits that contribute to the longevity, value, and overall well-being of a property. First and foremost, regular maintenance helps prevent costly repairs by addressing minor issues before they escalate into major problems. This proactive approach not only saves money but also ensures the property remains in good condition.

Furthermore, consistent property maintenance enhances the aesthetic appeal of the property. Well-maintained buildings and landscapes create a positive impression, attracting potential buyers or tenants and increasing the property’s market value. Additionally, a properly maintained property provides a safe and secure environment for its occupants, reducing the risk of accidents or injuries.

Property maintenance also plays a crucial role in energy efficiency. Regular checks and upgrades to essential systems, such as heating, ventilation, and air conditioning, contribute to lower utility costs and a smaller environmental footprint. Moreover, well-maintained properties are more resilient to natural disasters and weather-related damage, minimising the risk of extensive and costly repairs.

In summary, property maintenance is an essential investment that pays off in various ways, from cost savings and increased property value to creating a safe and aesthetically pleasing living or working environment. Maintenance of a property typically falls under the responsibilities of property owners or landlords. However, some real estate agents may offer additional services or have connections with professionals in the industry who can help with property maintenance.

If you need assistance with property maintenance, it’s advisable to clarify this with your real estate agent upfront or discuss it with your property management company if you have one. Some real estate agents work closely with property management firms that can handle maintenance tasks on behalf of property owners. Alternatively, your agent might be able to recommend reliable contractors or maintenance services to assist you.

Martinez Echevarria Law Offices

Quality and professional excellence for companies, families and individuals in Spain and Portugal.

MARTÍNEZ-ECHEVARRÍA provides both legal advice as well as litigation services in Spain, Portugal and Turkey for companies, families and individuals.

The firm was founded in 1983, striving for quality and professional excellence. Today, these cornerstones on which the law firm was built remain as strong as ever. Martínez-Echevarría has always been known for our strong commitment to achieving our clients’ objectives and meeting their expectations.

Martínez-Echevarría is currently comprised of just over 250 professionals and can be considered a modern office, fully adapted and prepared to meet the most demanding needs of national and international companies operating in Spain and Portugal. In addition, our private client department does not forget those who, despite not being in the corporate world, require quality legal services adapted to their needs for their family and personal matters.

What we offer

We strive to offer the best legal advice, making it accessible to everyone. Each department is led by coordinating partners who are highly specialised in their area of expertise, who are also Attorneys General, prosecutors, judges, magistrates, professors or lawyers with proven and successful experience at the highest professional level in international legal advice.

Real Estate and Urban Planning

A team of highly specialised lawyers will advise you on the negotiation, drafting or review of all contracts relating to the different areas in the real estate sector, both on the acquisition or transfer of the property, as well as on its

different phases of development.

Our advice covers all types of property, plots (rural and urban), residential (free and subsidised housing), industrial, offices, commercial premises, shopping centres, hotels, residences for students and for the elderly and golf courses. Development and construction

• Acquisition of plots for development

• Real estate, town planning, tax and environmental due diligence

• Professional service agreements with project management, architects and technical architects

• Construction contracts with supply of materials

• Bank financing of the project. Guarantee line. Ten-year insurance policy and OCT

• Deed of new build under construction, horizontal division, division of plots of land

• Contracts for marketing homes with real estate agencies

• Compliance with money laundering regulations

• Reservation and sales contracts

• Work completion deed for the complex and for each

Prices on the rise

THE price of new housing in Malaga Province in 2023 led the growth of prices, not only in the whole Mediterranean coast of the country, but at the level of the whole of Spain, according to a new report prepared by Sociedad de Tasación (ST).

The capital and several municipalities on the Costa del Sol are confirmed for yet another year as areas of very high demand. The shortage of supply is one of the factors keeping prices high despite the fact that the rise in interest rates has cooled the market by reducing the number of sales and purchases, according to ST’s analysis.

The shortage of stock is a particular problem in

individual property

• First Occupation Licence

• Title deeds

• Housing delivery protocol

Purchase and sale of real estate and real estate companies

• Due diligence

• Off-plan buying and selling

• Study of direct and indirect taxation

• Bank and non-bank project finance, refinancing, restructuring of mortgage-backed debt

• Groupings, segregations and divisions

• Rectification of surface areas in the Land Registry

• Town planning, development and management

• Administrative concessions

Leases

• Home rental; holiday rental

• Registration of properties with the tourism Board for holiday rental

• Leasing for uses other than housing, commercial premises, offices, shopping centres, industrial buildings, management of residences (for the elderly and for students), hotel management

Communities of Homeowners

• Creation of Communities of Homeowners with the drafting of by-laws and internal regulations, where appropriate

+34 952 765 000 info@martinezechevarria.com martinezechevarria.com

locations with a strong tourist influence which, of course, includes Malaga and the Costa del Sol.

According to spainhouses.net, the most affordable area to buy property on the Costa del Sol is Manilva which includes the popular location of La Duquesa.

The average price of property in the three most economical locations are: Manilva with an average price of €388,356; Torremolinos at €489,088 and Fuengirola at €614,211.

These are current asking prices so actual

sales prices are likely to be lower.

Looking at secondhand properties, there are currently 42 apartments for sale in Manilva for €200,000 or under. At the other end of the Costa del Sol, nearer to Malaga and the airport, there are just under 100 properties for sale in the €100,000 to €200,000 price bracket in Mijas, Fuengirola, Benalmadena and Torremolinos.

So, although you might have to do a bit of digging (or get your agent to do it for you), there are still affordable homes to be found.

German Quality for Your Kitchen

FOR those seeking a certain and special level of quality in kitchen design, Novo Küchen is your ideal destination. Our commitment lies in offering you the best, from living and experiencing to touching the perfect finishes of our German kitchens, from the prestigious Häcker brand. At Novo Küchen, we understand that your kitchen is the heart of your home, and that’s why we strive to provide winning kitchens where you and your loved ones are the protagonists.

What sets us apart from the rest? The answer lies in our constant pursuit of the latest innovations in the market to ensure that our kitchens are always at the forefront. In addition, our extensive catalogue, endorsed by the German manufacturer Häcker, ensures that you find the personalised and attentive solution for the most important place in your home: the kitchen. At Novo Küchen, we pride ourselves not only on offering high-quality German kitchens, but also on committing to a manufacturing concept that combines stateof-the-art technology, impeccable aesthetics, superior performance, and a values-focused approach in all our customer interactions.

The name Häcker Küchen is synonymous with reliability, modernity, and quality at fair prices. Our strong position in the market is due to the capability of our sales and production units, as well as the development of innovative products that adapt to current times, backed by the excellent quality that characterises our products. If you’re ready to transform your kitchen into a unique space where you can enjoy and share everyday moments, contact us today!

A buyers’ guide to property U

THERE is no doubt that one of the most exciting times in a person’s life is the purchase of a home whether it’s a permanent home in the sun or somewhere to spend holidays. Although it is an exciting moment, it is important not to get carried away by emotions and to be rational when making the purchase.

In order to make the right decision when buying a home, it is important to bear in mind a number of issues. Firstly, the most advisable thing to do is to know the price of the property in order to choose one that best fits the budget.

Thanks to RealAdvisor and its use of Artificial Intelligence you can find out the price of property in Andalucia via the website: realadvisor.es.

Beyond the price, there are other factors to take into account though starting with the location of the property. A better located property is a more expensive property, but it does not have to be especially better for you. Consider whether you really need to be walking distance to the beach as that will push the price up.

As well as the location of the property, you should also consider the size: don’t

buy a property that is bigger than you need, as you will be spending money on something you won’t use.

Before buying a property, make sure you know first-hand the condition of the property especially if it’s second-hand. Bear in mind that renovation costs in Spain are almost certainly lower than you might be used to. Also, if the property is part of a community check the urbanisation; if it looks run-down there might be problems with its funds.

Finally, assess whether there are any related costs associated with the property and there are no debts as these will pass to the new owner. Check the costs related to the purchase: in Andalucia you will pay 7 per cent stamp duty and in total, to include lawyers’ fees and notary costs, you should allow 9-10 per cent for a second-hand home and 13-14 per cent for a new property.

Keeping all these aspects in mind and trying to stick to your budget will allow you to make the right decision when buying your home. That way, you can be sure that you have made a good investment and that you are getting what you paid for.

Photo: Shutterstock /Andrey_Popov

Discover custom comfort with Paul Phillip Custom Sofas

PAUL PHILLIP is a firm dedicated to the bespoke manufacturing of furniture, specialising in the production of sofas, thus meeting the needs of our clients. With the expertise of top professionals in the decoration sector, we provide comprehensive projects. We cover a wide variety of products ranging from living room and dining furniture, through to bedrooms, and outdoor furnishings, without forgetting the needs of professionals in the hospitality sector. We always strive to adapt to all types of budgets and styles. Therefore, our main objective is to assist in fulfilling the wishes of our clients, to have the home of their dreams. It is an honour to be included in their life projects. There are so many stories...

Couples purchasing their first home and needing to furnish it, families requiring a larger sofa as they grow, individuals deciding to take the leap of leaving their childhood home and facing a completely new world, partners opting to start a business and relying on us for that new venture... but all share something in common, hope for the future. And we are pleased to be part of that future. This challenging task is made possible thanks to over 25 years of experience we have in the industry. Our manufacturing process is artisanal, carried out by the finest experts and using the best raw materials: solid woods, stain-resistant fabrics, thickened leather, German motors, highdensity memory foam...

Continuing with the spirit of helping to fulfill dreams, we have decided to launch a promotion subject to limited units, offering up to a 40 per cent discount. The promotion includes the complete customisation of sofas, with measurements, format, choice of fabric and colour, selection of legs, and the addition of extras such as massage, electric relaxation, music system... Ultimately, a unique sofa, designed exclusively to satisfy the desires of each individual.

Marbella remains a symbol of International Prestige

If you want to give your home a makeover come and visit us

C.C. Los Olivos, Unit 1, 29649, Calahonda, Málaga 608 245 517

Email: losolivos.paulphillip@gmail.com

Opening hours:

Monday - Friday Morning: 10:00-14:00. Afternoon: 16:00-19:00.

Saturday10:00-14:00.

The Marbella Luxury Weekend and the Marbella International Film Festival draw high-profile attendees, solidifying the city’s position on the global stage. These gatherings not only celebrate luxury but also contribute to Marbella’s reputation as a destination of choice for the discerning.

MARBELLA, ensconced on the sun-drenched Costa del Sol, retains its stature as an enduring symbol of international prestige. The city’s allure is multifaceted, combining a rich historical tapestry with contemporary opulence, creating a haven for those seeking the epitome of luxury living. The Old Town, with its narrow winding streets, showcases Marbella’s historical charm. Centuries-old architecture, adorned with vibrant bougainvillea, creates a picturesque setting where the past seamlessly intertwines with the present. This historic ambiance is complemented by chic boutiques, art galleries, and Michelin-starred

restaurants, reflecting Marbella’s evolution into a cosmopolitan destination.

The Golden Mile, an iconic stretch of coastline, exemplifies the city’s opulence. Lined with lavish villas, high-end boutiques, and exclusive beachfront properties, this enclave has become synonymous with affluence. It is a playground for the global elite, attracting celebrities, entrepreneurs, and royalty who seek refuge in its luxurious surroundings.

Marbella’s international prestige is further accentuated by its hosting of world-class events.

The allure extends beyond events, encompassing a vibrant nightlife, championship golf courses, and a flourishing cultural scene. Puerto Banus, an internationally renowned marina, stands as a testament to Marbella’s commitment to providing a sophisticated lifestyle. Lined with upscale shops, gourmet restaurants, and super-yachts, Puerto Banus exemplifies the city’s dedication to offering unparalleled experiences.

Marbella’s upscale resorts, such as the Marbella Club Hotel and Puente Romano Beach Resort, contribute to its reputation for excellence in hospitality. These establishments, set against the backdrop of the Mediterranean, cater to the desires of the global elite, providing a luxurious escape that epitomises the city’s commitment to world-class service.

The Property Agent: Your Partner in Real Estate in Sotogrande

CELESTE ALONSO, a seasoned professional with extensive experience in the Real Estate Industry, has embarked on a new venture by launching her own company, aptly named The Property Agent. With years of expertise under her belt, Celeste aims to revolutionise the property market with a personalised and client-centric approach.

For many individuals, purchasing a new home stands as one of life’s most significant decisions, laden with complexities and uncertainties. However, Celeste endeavours to redefine this narrative. Her primary objective as your property agent is to transform the daunting process of acquiring a property into a seamless, stress-free journey. Central to her methodology is the art of listening intently, working tirelessly on behalf of her clients, and ultimately facilitating the discovery of their dream home.

At the heart of Celeste’s ethos lies a commitment to empowering her clients with the knowledge and insight necessary to make informed decisions regarding their investments. Transparency is paramount; there are no hidden clauses, convoluted sales jargon, or obscured fine print. From the initial consultation to navigating the intricacies of property search, financing, legalities, and beyond, Celeste pledges

FINDING the right real estate agent is crucial when navigating the complexities of buying or selling a property. A skilled and compatible agent can make the process smoother and more successful. Here are key steps to help you find the right real estate agent for your needs:

1| Define Your Needs and Preferences: Before beginning your search, outline your specific requirements. Consider factors like the type of property, location, budget, and any unique features you desire. This clarity will guide your agent selection process.

2| Research and Recommendations: Start by seeking recommendations from friends, family, or colleagues who have had positive experiences with real estate transactions. Online reviews and testimonials can also provide insights into an agent’s reputation and track record.

3| Check Credentials: Ensure that the real estate agent is licensed and a member of relevant professional associations. This guarantees a certain level of expertise and adherence to ethical standards. You can

unwavering support and guidance, available round the clock, seven days a week.

Specialising in the sale of both established and offplan new developments, spanning from Sotogrande to Benahavis in the picturesque Costa del Sol region of southern Spain, Celeste offers a diverse portfolio of apartments, townhouses, and villas. These properties boast prime locations near pristine beaches and world-class golf courses, characterised by impeccable quality and craftsmanship. Whether you seek a holiday retreat, an investment opportunity, or a permanent abode, Celeste guarantees a tailored solution to suit every taste and budget.

For those embarking on their property journey or seeking expert guidance in real estate matters, Celeste Alonso and The Property Agent stand as unwavering allies, ready to turn dreams into reality.

Urb. El Casar Floresta 44, Sotogrande, Spain

637 227 986

celeste@thepropertyagent.es

Skype: Celeste Alonso thepropertyagent.es

Finding the right Agent

verify this information through state licensing boards.

4| Experience Matters: Look for an agent with a proven track record in your target market. Experience not only indicates competence but also suggests that the agent has a deeper understanding of local trends, property values, and potential challenges.

5| Interview Multiple Agents: Don’t settle for the first agent you come across. Interview several candidates to assess their communication skills, market knowledge, and overall compatibility with your needs. Ask about their approach to negotiations, marketing strategies, and how they handle potential issues.

6| Communication and Availability: Effective communication is crucial in real estate transactions. Ensure that the agent is responsive, keeps you informed, and is available when needed. Discuss preferred communication methods and expectations upfront.

7| Negotiation Skills: A skilled negotiator can make a significant difference in the outcome of your transaction. Inquire about the agent’s approach to negotiations and their ability to secure favourable deals.

8| Market Knowledge: The right agent should have a deep understanding of the local market. They should be aware of current trends, pricing dynamics, and future developments that may impact your investment.

10| Trust Your Instincts: Lastly, trust your instincts. Choose an agent with whom you feel comfortable and who aligns with your goals. A successful real estate partnership relies on mutual trust and understanding. Taking the time to find the right real estate agent can result in a more positive and successful property transaction. By considering these factors and conducting thorough research, you can identify an agent who meets your specific needs and ensures a smooth real estate experience.

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MAKING an offer on a property is a crucial step in the real estate process that involves several key elements. Firstly, it requires determining the appropriate purchase price based on market analysis, comparable sales, and the property’s condition.

The offer typically includes the proposed purchase amount, earnest money deposit, and the desired closing date. It may also involve contingencies, such as inspections or financing approval, outlining conditions that must be met for the sale to proceed.

In addition to the financial aspects, the offer often comes with a time frame for the seller to respond. This

The offer

negotiation period allows for backand-forth communication between buyer and seller, with potential adjustments to the offer terms. Buyers may also include personal letters or other persuasive elements to strengthen their case.

Once the seller accepts, rejects, or counters the offer, the negotiation process intensifies. A successful offer results in a binding contract, signifying a commitment from both parties to move forward with the sale. It is essential for buyers to approach this process with careful consideration, balancing their interests with market conditions and the seller’s expectations.

Unique Development in La Quinta, Nueva Andalucia

Please contact us for more information

The multinational, multilingual team at Roc Estates are dedicated to finding you your dream home on the coast of Spain, specialising in bargains, bank repossessions and distressed sales in the most sought-after areas including Benalmadena, La Cala de Mijas, Calahonda, Marbella, Puerto Banus and Estepona.

At Roc Estates, their business model is about quality rather than quantity, so you can be sure the team will be with you throughout your journey, providing you with honest and transparent advice.

With unrivalled experience and expertise gained from over 20 years of selling properties on the beautiful Costa del Sol and in Scandinavia, the team at Roc Estates focuses on negotiating the best price for their clients, making the process as enjoyable as possible!

This small and friendly company has access to over 20,000 properties and over 150 agencies across Andalucia, and can provide you with a huge range of contacts such as lawyers, architects, builders, management, rentals and tax through their associates.

Not only do Roc Estates have access to every single property for sale on the Costa del Sol, they can also help you to build your dream home, matched exactly to your taste and lifestyle. Their team of experts in consulting, project management, and reforms work with some of the most recommended architects and designers on the Costa del Sol to enable you to create the perfect property.

Perhaps you have found the property of your dreams but you want renovations? Roc Estates helps their clients to renovate or reform smaller properties and larger jobs such as transforming an Andalucian villa into a modern contemporary style Villa. And, if you are looking for a new build Spanish property on the coast, Roc Estates have over 150 developments of all types including charming townhouses, luxury new build villas and modern apartments.

With Roc Estates´ expertise and professionalism, all of their clients benefit from a personal and honest service, enabling you to make informed decisions. So, whether you are looking for a bargain holiday or retirement home, investment property, or to build your own new home, Roc Estates are committed to finding you the right property at

Website:

https://www.rocestates.com/home

the best price. The team can also provide you with rental and management assistance, their sub constructors to rent or built you the perfect new home, or why not take a look at their incredible renovations and new builds?

Address: Av. Salvador Vicente, 10, 29631 Benalmádena, Málaga

Telephone: +34 650 95 20 84

Email: info@cestates.com

Dive into the world of rest with Hästens Beds

IN today’s bustling world, finding moments of genuine rest and rejuvenation is crucial. Hästens beds, with their legacy of craftsmanship and top-quality natural materials, stand out as an oasis of serenity and unparalleled quality.

Since its inception in 1852 in Sweden, Hästens has been committed to offering the most restorative sleep possible through expert craftsmanship and natural materials. Each bed is a masterpiece of engineering and ergonomic design, intended to elevate rest to a higher level.

Hästens’ Swedish craftsmanship is unrivalled. Each bed is handmade by skilled artisans who have honed their craft over generations. This meticulous dedication is reflected in every detail, from material selection to the construction of the bed itself. Natural materials are the cornerstone of each Hästens bed. From organic cotton to sheep’s wool, each component is carefully chosen for comfort, durability, and sustainability. These materials not only offer luxury but also a healthy, toxinfree sleep environment.

When choosing Golf Property

WHEN selecting a golf property, several crucial factors should guide your decision to ensure it aligns with your preferences and lifestyle. Begin by assessing the property’s location, focusing on accessibility, proximity to amenities, and the overall atmosphere of the area. A desirable location enhances your overall experience.

Evaluate the quality of the golf course itself, considering the maintenance of fairways, greens, and facilities. The reputation of the golf course designer and its standing within the golf community can provide valuable insights into its overall quality.

Explore the additional amenities offered by the community. Golf properties often come with access to clubhouses, fitness centres, swimming pools, and social activities. Ensure these amenities complement your lifestyle.

Consider the size and layout of the property. Some golf properties offer larger lots or unique architectural features. Choose a property that aligns with your space requirements and provides the desired level of privacy.

The ergonomic design of Hästens beds focuses on providing the ideal environment for restorative sleep. From the even distribution of weight to proper spinal support, every aspect is designed to promote quality sleep.

Getting a good night’s sleep is essential for a healthy, balanced life, and Hästens beds make it possible. By sinking into layers of softness and comfort, one enters a world of dreams and renewal every night.

In summary, Hästens beds offer an unparalleled rest experience. With expert craftsmanship, natural materials, and ergonomic design, these beds transform the simple act of sleeping into an art. Discover the luxury of true rest with Hästens and elevate your sleep to new heights of well-being and comfort.

Contact us at bdhome Marbella:

Calle Antonio Herrero 3, Marbella. 952 861 122 info@bdhome.es bdhome.es

the club’s rules and regulations to ensure they align with your preferences.

Assess the features and condition of the home. Look for modern amenities, sufficient bedrooms and bathrooms, and a layout that suits your lifestyle. Consider potential renovations or repairs that may impact your investment.

Understand the golf club’s membership structure and associated fees, including initiation fees, annual dues, and any additional costs. Be aware of

Consider the potential resale value of the property. A golf property in a well-established and sought-after location is likely to hold its value better over time. Investigate any planned developments in the surrounding area, as future developments can impact property values and the overall atmosphere of the community. By carefully considering these factors, you can make an informed decision when choosing a golf property that meets your current needs and aligns with your long-term goals and preferences.