Costa del Sol Property Supplement:
IF you’re considering purchasing property in sunny Spain, whether for relocation or a change of scenery, you’ve come to the right place.
Explore a collection of articles that aim to simplify the process of buying real estate in Spain.
From the busy city streets to the tranquil shores of the Costa del Sol, the area offers a diverse range of landscapes and lifestyles to cater to every preferen-
ce. Whether you envision a charming villa situated in the hills or a modern apartment with a view of the Mediterranean, these articles are tailored to provide essential insights and practical guidance.
We cover important topics such as navigating legal requirements, understanding local real estate trends, and discovering hidden treasures that could soon be your new home.
Each article is crafted to empower you, the prospective buyer, with the knowledge needed to make well-informed decisions and confidently embark on your journey to owning property in Spain.
Inside you will find a collection of useful articles and advice from local companies which will help you find your dream property and discover a range of services you may need.
NEW OFFICES
AS part of Bromley Estates Marbella’s 2024 expansion plan, they have recently launched new offices in the hot spots of Elviria (Marbella) and La Cala (Mijas). The expansion into these prime locations has already been well received, reflecting the strategic decision to target high-demand areas. Given the positive reception and the growth potential in Elviria and La Cala, Bromley Estates Marbella are focusing on expanding their customer service teams as well as their sales force, further strengthening their presence in these areas.
In addition, the newly launched rental and property management division, which is in its infancy, is already experiencing tremendous activity levels, indicating a robust demand for rental properties and management services not only in the local areas but across the Costa del Sol. Prioritising the expansion efforts in Elviria and La Cala, along with developing the rental and property management services, aligns with the continued demand from clients globally and positions Bromley Es-
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tates Marbella for continued success. The Costa del Sol (Malaga) is experiencing a peak in global popularity. “Malaga is, much more than sun and beach.” According to Forbes, this Mediterranean city meets several criteria including international schools, a good health system, and proximity to airports, the cost of housing, a low crime rate and a good quality of life.
Bromley Estates Marbella offers properties for sale from private vendors, national developers, and collaborating agents on the Costa del Sol. With their solid reputation built over the years, they have outpaced the overall sales trend on the coast by sourcing only the finest properties and new developments. The luxury property management division has given their customers further peace of mind by offering a service designed to provide an effortless experience by taking care of every aspect of property management from A to Z. Bromley Estates’ goal is to alleviate any worries or work for their clients whilst ensuring a healthy
return on investment through their rental management packages. “We are excited to offer this comprehensive service to our valued customers.”
As Hayley Bromley herself also confirmed; “This commitment helps our clients find their ideal property, whether for holiday homes, permanent residences, or investments. Our extensive experience allows us to identify projects that offer the best value for money, and now manage that property into becoming a lucrative investment.”
This commitment to excellence is also the reason that Bromley Estates Marbella’s Exclusive Development branch has gone from strength to strength, due to the fact that Spain’s most reputable developers put their trust in Bromley Estates to exclusively promote their off plan projects on the Costa del Sol.
Bromley Estates Marbella most certainly offers clients the full spectrum of real estate services and they do it with love!
Urbanización el Rosario, N-340, | km188, 29604 Marbella | 952 939 460 | +44208 068 7606 | info@bromleyestatesmarbella.com | bromleyestatesmarbella.com
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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 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.
Tel: 952 765 000 info@martinezechevarria.com www.martinezechevarria.com
Home office
CREATING the perfect home office involves balancing functionality and inspiration. Start by selecting a quiet, well-lit area to minimise distractions and enhance productivity.
Ergonomics are crucial; invest in a comfortable chair and a desk at the right height to prevent strain.
Adequate storage solutions, such as shelves and organisers, keep the works-
pace tidy and efficient. Personalise the space with decor that motivates you, like artwork, plants, or meaningful objects. Natural light boosts mood and energy, so position your desk near a window if possible. Incorporate task lighting to reduce eye strain.
Ensure your workspace has a reliable internet connection and all necessary technology, such as a high-quality monitor, keyboard, and mouse.
Lastly, establish boundaries between work and personal life by maintaining a clutter-free desk and setting a schedule that includes breaks. This holistic approach to designing your home office fosters both productivity and well-being.
GILMAR: Your trusted ESTATE AGENCY
Smart Homes: with cutting-edge technology
THE Costa del Sol, known for its beauty and exclusivity, is also the place for the biggest and most exclusive innovations in the real estate and residential sector.
Properties along the entire coastline, are adopting Smart Home technology. Luxury villas in particular are being equipped with pioneering systems that allow the remote management of lighting, temperature, music and security, as well as efficient plumbing management systems.
According to cutting edge engineering company Proinsermant, a considerable part of the construc-
GILMAR continues to strive to provide a complete service to its clients, which is why RentMe by GILMAR was born.
This company is dedicated to managing vacation homes in an innovative and technological way. The work of RentMe by GILMAR covers a comprehensive service for the homeowner, as well as for the guest who reserves the properties.
Our way of working allows us to distribute the homes on different websites efficiently, and we also have an automation process for any need that guests or owners may have.
Through machine learning techniques, we can dynamically manage prices and occupancy to maximise the profitability of the properties.
Furthermore, we have the capability to automate homes to achieve maximum efficiency and savings. Whenever our client needs it, our in-
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terior design team and on-demand concierge services are at their disposal, helping us to offer a 360º experience for both tenants and homeowners.
We continue our mission to seek the most personalised and trustworthy attention through our team, which is always available.
Vacation rentals are here to stay, and we have the tools and team necessary to maximise their profitability.
RENTME BY GILMAR not only embodies the heart of GILMAR, but it is also supported by a technological engine that allows us to stand out.
Contact: Gilmar Malaga Cortina del Muelle 13 Telefono: 951 233 333
Rent your Home in Spain with Professional Advisory | Gilmar
tion budget of luxury villas is spent on technical installations, accounting for approximately 30-35 per cent of the total cost.
These intelligent systems guarantee the comfort, safety and efficiency of the villas, with heating and air-conditioning systems that can be remotely programmed or adjusted, also optimise energy use, reducing consumption and operating costs, ensuring that the temperature is always ideal when you get home.
Within this segment, home automation and audio-visual solutions also account for between 10
and 15 per cent of the total budget for a home, with variations depending on the degree of sophistication required. Audio and music systems, movies and other online multimedia content can be made available anywhere in the home.
Through intelligent lighting, lights throughout the home can be controlled to improve privacy. The lighting can be adapted to different times of the day or simulate the presence of people in order to increase security and surveillance cameras, motion sensors and alarms are installed that can be controlled and monitored from anywhere in the world.
Photo:
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“Experience Luxury Like Never Before”
PRESENTING a once-in-a-lifetime opportunity to own a truly exceptional villa in the prestigious El Paraíso Alto. This private sale, not yet on the open market, offers an exclusive chance to witness and own a masterpiece of modern architecture and design. If you have the privilege of seeing it, consider yourself incredibly fortunate.
Unparalleled Panoramic Views
Prepare to be captivated by absolutely stunning panoramic views that will leave you in awe. This villa is a testament to luxury living, built to the highest standards with impeccable qualities and materials. Furnished and designed by the renowned Roche Bobois, every detail of this home exudes sophistication and elegance.
Prime Location
Nestled close to the esteemed El Paraíso Golf Club, this villa offers not just a home, but a lifestyle of leisure and tranquility. Enjoy the convenience of world-class golfing right at your doorstep.
Exquisite Features and Amenities
- Spacious Living: Featuring four en suite bedrooms,
Brits abroad
Discover an astonishing and unique Villa in El Paraíso Alto
each designed for comfort and privacy.
- Convenience: A lift seamlessly connects all four levels of the villa, ensuring easy access.
- Additional Accommodation: Two extra apartments in the basement, perfect for guests or staff.
- Ample Parking: Underground parking for four cars, plus additional space outside to accommodate 10 more vehicles, with the option to cover and close the area.
- Entertainment: Your own private disco and a professional cinema for endless enjoyment.
- Smart Living: A state-of-the-art domotic system throughout the house that controls everything at your fingertips.
- Comfort: Blackout curtains in all rooms for ultimate relaxation.
- Sustainability: Solar panels with 19 kW and a battery capacity of 55 kW, ensuring energy efficiency.
- Innovation: Two exterior platforms for the automatic turning of vehicles, adding a touch of futuristic convenience.
OVER the past year, there has been a notable surge in British interest in property in Spain. Taylor Wimpey España reported a remarkable 120 per cent increase in British reservations in April 2024 compared to the same period in 2023.
Data from Spain’s Colegio Registradores further reveals that Britons surpassed all other foreign nationalities in terms of home purchases in Spain in 2023. They accounted for 9.53 per cent of all foreign buyers throughout the year, contributing
- Security: A professional alarm and CCTV system for peace of mind.
An Unmatched Offering
This villa is not just another property on the market. It is a must-see, a home built with passion and precision, far surpassing the ordinary villas hastily constructed with mediocre materials. This is your chance to own a residence where luxury, comfort, and cutting-edge technology come together in perfect harmony.
Schedule Your Private Viewing Today
Don’t miss out on this unique opportunity. Contact us to arrange a private viewing and experience firsthand the extraordinary lifestyle that awaits you in El Paraíso Alto. This is not just a villa; it’s a statement of elegance and a testament to the art of fine living.
Av. Luis Braille, 31, 29680 Estepona 952 802 912 | 667 337 330 www.melrose-properties.com
to 14.98 per cent of all homes sold in Spain. This positive trend has extended into 2024. New homes are particularly in demand.
February 2024 figures from Spain’s Consejo General Notariado (General Council of Notaries) indicate a 9.7 per cent increase in total sales compared to the previous year, with new home sales surging by 20.83 per cent.
As the appetite for properties in Spain grows, so do prices, which rose by 5 per cent overall in the year leading up to February 2024, with a more
significant increase of 7.5 per cent observed for new homes. “The heightened demand for new homes reflects a growing appreciation for their energy efficiency compared to older properties. This trend benefits both the environment and buyers seeking to reduce their energy consumption.”
“Increasingly, our buyers are actively seeking ‘A’ rated properties, a preference that we accommodate through our fabric-first approach to designing and constructing new homes,” stated the Sales and Marketing Director of Taylor Wimpey España.
Bob Marquess
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DOLCE & GABBANA’S first major residential project in Marbella has already achieved sales of €250 million. The homes already sold have been bought by ‘international VIP clients’ of the fashion brand and loyal buyers of Sierra Blanca Estates.
The first residential operation of the prestigious fashion studio Dolce & Gabbana in Europe, in conjunction with the developer Sierra Blanca Estates, has already closed sales with a figure that highlights the desirability of the Design Hills Dolce & Gabbana project that is being built on Marbella’s Golden Mile.
The project, which was presented to the public in September 2023, includes the construction of five buildings with 92 luxury apartments, some of them with prices ranging from €4 to €20 million. The Marbella developer has not specified the number of properties that have already been sold.
The properties are all surrounded by numerous landscaped gardens and outdoor infinity pools. The homes will be between 280 and 900 square metres in size with up to five bedrooms and will be fully furnished with exclusive creations by
The timetable set for the completion of the complex, which sits on a plot of more than 90,000 square metres, is 2026. In order to achieve this objective, Sierra Blanca Estates aims to start building work in the autumn of 2024.
Completing the development, Design Hills will host its own shopping boulevard that will bring together the best international luxury brands, as well as multiple signature restaurants, cafés and other gastronomic establishments.
Dolce&Gabbana Casa.
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WELCOME to Jensen Store, where we proudly showcase the exquisite Danish premium furniture brand, Bolia. Bolia’s collection of indoor and outdoor furniture, office pieces, sofas, tables, and chairs complements our product range perfectly, embodying the essence of contemporary Scandinavian design.
At Jensen Store, we believe in offering our customers more than just beds. We offer a lifestyle defined by sophistication, elegance, and functionality. Bolia’s collection is designed to inspire and elevate your spaces, creating environments that are not only beautiful but also cohesive and inviting.
One of the hallmarks of Bolia’s furniture is its premium quality. Every piece is crafted using the finest materials, sourced sustainably whenever possible, to ensure both durability and visual appeal. Whether it’s the richness of solid wood, the luxurious feel of leather upholstery, or the sleekness of metal accents, each component is chosen with utmost care to deliver exceptional quality and comfort.
From the moment of creating the design of the furnitures, to the final product, Bolia’s commitment to quality and longevity is evident in every detail. Each design is crafted to withstand the test of time, ensuring that your investment not only enhances your living spaces but also endures for generations. The design is characterised by a timeless appeal, emphasising the natural materials and a calming colour palette that effortlessly blends into any environment.
To further underscore our confidence in Bolia’s craftsmanship, we provide a generous 10-year warranty on all our products. This warranty reflects our commitment to standing behind the quality and durability of Bolia’s furniture.
In addition to our commitment to quality, we understand the importance of convenience. That’s why we offer free home delivery and assembly services across Spain and Portugal. We want to make the experience of furnishing your home or office as seamless and enjoyable as possible.
Step into our world of design at Jensen Store and discover the furnitures of Bolia. Whether you’re looking for a statement sofa, a dining table that anchors your space, or some outdoor furnitures, Bolia’s collection offers a wealth of options to suit your needs and preferences.
Experience the artistry of Scandinavian design firsthand and see how Bolia’s furniture can elevate your lifestyle. At Jensen Store, we’re not just selling furniture - we’re offering you the opportunity to create inspiring and enduring spaces that resonate with beauty and functionality. Join us in celebrating the timeless allure of Bolia’s premium Danish furniture, designed for decades of life and generations to come. For more information on Bolias product range, visit Bolia.com.
Jensen Store Marbella Polígono Nueva Campana 23 29660 Nueva Andalucia, T: +34 952 908 855 marbella@jensenstore.com
Modern Innovative Architectural Design
IN recent years, contemporary architecture has embraced an era of unprecedented innovation, redefining the boundaries of design and functionality. These modern marvels are characterised by their sleek lines, sustainable practices, and integration of advanced technology, creating properties that are not only visually stunning but also highly functional and environmentally conscious.
One hallmark of contemporary architectural design is the use of minimalism. This approach emphasises simplicity and clarity, often featuring open floor plans, large windows, and seamless transitions between indoor and outdoor spaces. The result is a harmonious blend of nature and structure, providing a sense of openness and connection to the environment. For instance, homes with expansive glass walls allow natural light to flood the interiors, reducing the need for artificial lighting and creating an airy, inviting atmosphere.
Sustainability is another crucial aspect of modern architectural designs. Architects are increasingly incorporating eco-friendly materials and energy-efficient systems into their projects. Green roofs, solar panels, and geothermal heating are becoming standard features in contemporary homes, reducing their carbon footprint and promoting a more sustainable lifestyle.
These innovations not only benefit the environment but also enhance the overall quality of life for residents by lowering energy costs and fostering healthier living spaces. The integration of smart technology is a defining feature of today’s architectural innovations.
Smart homes equipped with advanced automation systems allow homeowners to control lighting, heating, security, and entertainment systems remotely via smartphones or voice commands. This seamless integration of technology enhances convenience, security, and energy efficiency, making daily life more comfortable and efficient.
These innovative properties set a new standard for living, emphasising the importance of environmental responsibility, smart technology, and the seamless integration of nature and structure.
40 years of experience in Personalised Interior Design
IN a world saturated with options and fierce competition, finding a company that stands out for its experience and dedication is an invaluable treasure. In the field of interior design, where creativity and attention to detail are paramount, the firm Casasola Decor shines with its own light, accumulating 40 years of experience in creating unique and bespoke spaces worldwide.
Since its foundation, Casasola Decor has been known for its practical approach and customercentric focus. Instead of getting lost among thousands of catalogues and options, the company has opted to simplify the process for its clients, carefully grouping all its products and services into specific rooms.
The result? A seamless and uncomplicated interior design experience, where every element needed to transform a space is within easy reach.
Imagine refurbishing your home and finding everything you need for the living room, kitchen, dining room, or bedroom in its designated place.
This is the promise of Casasola Decor: to make the design and decoration process as enjoyable as the final result.
The key to Casasola Decor’s success lies in its commitment to quality and innovation. Each project is approached with meticulousness and attention to detail, from selecting top-quality materials to creating designs that reflect the personality and style of each client. This dedication to excellence has led the company to work on renowned projects worldwide, solidifying its reputation as a leader in the field of interior design.
Located at KM. 184.5 of the Cadiz-Malaga road in Marbella, Casasola Decor prides itself on offering a personalised service to its clients, backed by a team of passionate and experienced professionals. Whether you are looking to transform your home, office, or commercial space, Casasola Decor is ready to turn your dreams into reality.
Discover the difference that 40 years of experience can make in your next interior design project.
KM. 184,5, Carretera Cadiz-Malaga | 29603 Marbella | 952 772 758 | info@casasoladecor.com | casasoladecor.com
Wall Colour Trends:
A Fresh Palette for Modern Living
IN 2024, homeowners are embracing a vibrant yet harmonious palette for their interiors, reflecting a desire for tranquility, creativity, and connection. This year’s trends in wall colours bring a mix of bold statements and soothing hues, catering to diverse tastes and lifestyles.
Earthy Tones and Nature-Inspired Shades Earthy tones continue to dominate, with shades like terracotta, warm beige, and deep olive green bringing the outdoors in. These colours provide a grounding
effect, creating a serene and comforting environment. Nature-inspired hues, such as soft sage and muted moss, add a touch of tranquility and are perfect for living rooms and bedrooms.
Bold and Vibrant Colours
Warm Neutrals
Warm neutrals such as creamy whites, soft taupes, and gentle greys offer timeless appeal. These colours provide a versatile backdrop that complements various styles, from minimalist to rustic. They’re perfect for creating a cohesive look throughout the home.
For those looking to make a statement, bold colours like rich navy, deep emerald, and vibrant mustard are in vogue. These colours add depth and character to any space, making them ideal for feature walls or accent areas. They can be paired with neutral furnishings to balance the intensity and create a sophisticated look.
Soft Pastels
Soft pastels are also making a comeback, with colours like blush pink, light lavender, and baby blue adding a touch of elegance and calm. These hues are perfect for creating airy and open spaces, making them ideal for smaller rooms or areas lacking natural light.
Metallic Accents
Adding metallic accents in shades of gold, silver, and bronze can elevate wall colours, giving rooms a touch of luxury and sophistication. These accents can be used sparingly to highlight architectural features or create a focal point.
The 2024 wall colour trends offer something for everyone, from the bold and adventurous to the calm and understated. By incorporating these colours, homeowners can refresh their spaces and create environments that reflect their personal style and the latest in interior design.
Grand Vividus: luxury, beauty and comfort in a dream bed
THIS unique bed, the result of the collaboration of Hästens and the interior designer Ferris Rafauli, is built by hand in an artisanal manner and costs just over €500,000. Sleep is a fundamental element for health. Sleep gives the body and brain time to recover from the stress of the day, helps people feel more alert, optimistic, and have a better relationship with others. It also contributes to strengthening the immune system and is an ally in fighting diseases.
That’s why waking up feeling prepared for all the things life has to offer is priceless, is it? If it is Grand Vividus, the Hästens bed considered the most luxurious, beautiful and comfortable, around €500,000. A figure in keeping with its status as a marvel of science behind which there are more than 10 years of research and an authentic work of art. The result of collaboration with interior designer Ferris Rafauli, each bed is entirely handbuilt by Hästens’ most respected artisans in the factory in Köping, Sweden, using traditional techniques passed down from generation to generation to give it a soul and character of its own. Each Grand Vividus contains Hästens’ most luxurious horsehair, wool, cotton, linen, and slowgrowing Swedish pine, giving it an impressive mass of 530 kilograms. Unlike most beds currently
on the market, the Grand Vividus, with its fine leather, polished wood, suede and brass trim, along with its elegant architectural lines, functions as a work of art and a statement piece. A majestic centrepiece for the bedroom.
It is also beautifully upholstered in four colours: Black Shadow, Phantom Charcoal, Natural Shale and Traditional Blue. Each possible colour is combined with polished leather appliquésvegetable tanned, molding reinforced with gold brass rivets and mirror-finished wooden edges.
Likewise, it is available with several types of mattress supports, soft, medium and firm, and, being completely handcrafted, the Grand Vividus can be manufactured in any size. A quality from 170 years of history that is also felt in the rest of the firm’s beds, such as Drēmar, which combines the best materials and six generations of craftsmanship, and which has positioned Hästens as an official supplier to the Royal Court of Sweden.
These brands are available at bdhome, the temple of rest in Marbella, which offers the most exclusive products with professional and personalised advice.
Whenviewing a property
WHEN viewing a property, it’s crucial to carefully assess various aspects to ensure it aligns with your needs and preferences. Start by evaluating its location, considering factors like safety, amenities, and proximity to essential services such as schools and transportation. Pay close attention to the property’s structural integrity, checking for signs of damage or wear and tear. Test the plumbing and electrical systems to ensure they function properly and safely. Assess the HVAC system for efficiency and reliabili-
ty, and inspect insulation and ventilation for comfort and energy efficiency. Take note of the condition of appliances and fixtures, ensuring they are in good working order. Check windows and doors for proper functionality and security.
Evaluate outdoor areas for maintenance needs and usability. If applicable, assess parking availability and
convenience. Ensure the property complies with local regulations and has necessary permits. Consider potential maintenance and renovation needs, factoring them into your decision-making process.
Finally, trust your instincts and assess the overall feel of the property to determine if it’s a place where you can envision yourself living comfortably.
Selling your home is a difficult process. But you are not alone, we are with you on this new journey...
IN the heart of every home lies a story. At S4les Management Real Estate, we understand that behind every property is a unique journey, a collection of memories waiting to be passed on.
Our tale begins with you, the homeowner, and your aspirations for the future.
Imagine standing in the doorway of your beloved home, filled with a lifetime of memories and dreams for the future. Selling a home is not merely a transaction; it’s a deeply personal experience, and we understand the significance of every detail.
With a blend of empathy and expertise, we delve into your world, unravelling the intricacies of your property and crafting a personalised strategy tailored to your needs. With a team of seasoned professionals, our expertise in real estate is unmatched.
Our commercial team brings years of industry experience, ensuring that your property receives the attention and care it deserves. From the initial consultation to the final sale, we are by your side, guiding you through each stage of the process. Begin a journey with us whe-
re every detail of your home is meticulously highlighted. With our complimentary property valuation and a comprehensive suite of marketing tools at your disposal, including prominent listings on top property portals, strategic social media and print advertising and our exclusive real estate magazine, your property will shine in its truest light.
Communication is key, and we prioritise keeping you informed every step of the way. Through clear and open dialogue, we ensure that you are well-informed and confident in every decision made. Whether it’s discussing marketing strategies or negotiating offers, you can trust that we have your best interests at heart.
But our support doesn’t end with the sale. We understand that the post-sale process can be tough, which is why we accompany you every step of the way, assisting with all post-sale paperwork and ensuring a smooth transition for both you and the buyer.
Step into a world of possibilities with S4les Management Real Estate. Let us craft a successful sale, marking a new beginning for you and your family. Make the good choic e.
Foreign buyers choose
CASARES, Nerja and Estepona are the favourite places for foreigners to buy a home.
Burriana beach, the bay of Casares and the area from Guadalobón to Bahía Dorada in Estepona are the favourite destinations for Swedes, Poles and Dutch buyers in Malaga Province, according to idealista.
The district of Burriana, in Nerja, tops the ranking of the favourite places for Swedish citizens, when it comes to buying a home. This area has 66 per cent international demand, followed by other districts in the same municipality.
In the top positions of this ranking is also the bay of Casares, with an international demand of 54 per cent and in which citizens from Poland stand out as the highest number of buyers.
This is followed by the western part of Estepona, including the areas of Guadalobon, Buena s Noches and Bahía Dorada. All these neighbourhoods have an international demand for housing of over 50 per cent, mainly from Dutch nationals.
This is followed by the Puerto Banus area of Marbella with 51 per cent international demand, with buyers from Sweden standing out, according to the idealista ranking.
In 2023, foreigners made 15 per cent of all home purchases in Spain with a total of 88,000 property purchase and sale transactions, according to data from the Property Registrars.
SPAIN has long been a dream destination for British expats, offering sunny weather, beautiful beaches, and rich cultural experiences. Whether you’re searching for a holiday home, retirement spot, or a new start, buying property in Spain can be both exciting and complex.
Here are some top tips on how you can simplify the process and save money. Before you start your property search, setting a realistic budget is crucial. Take into account additional costs like legal fees, taxes, and maintenance. Also consider the exchange rate between the pound and the euro, as this can have a significant impact on your budget.
Think about your long-term plans, whether renting out the property, using it as a holiday home, or living there permanently. Planning your finances effectively can help ensure your Spanish property remains a sound investment. Spend time in your chosen area to understand the local lifestyle and amenities. Speak with other expats and locals for insights into the community and
Top tips for British expats buying property in Spainy
property market.
Opening a Spanish bank account is advised for managing propertyrelated expenses, such as utility bills and taxes. It simplifies transactions and ensures compliance with local banking requirements.
Navigating the legalities of buying property in Spain can be challenging, especially with language barriers and local laws. It’s essential to hire an independent lawyer specialising in Spanish real estate to help you understand the legal aspects and verify property ownership. If you need a mortgage, research options available to expats. Spanish banks offer mortgages to non-residents, but terms and interest rates vary.
Compare different lenders and seek professional advice to find the best deal. Finally, understand the tax implications of owning property in Spain, both locally and in the UK. Consult with a tax advisor to ensure compliance with tax laws in both countries. With careful planning and the right support, buying a property in Spain can be a rewarding and
enjoyable experience, allowing you to enjoy the Spanish sunshine in no time. While this may sound daunting, Currencies Direct is on hand to help you secure a competitive exchange rate and help simplify the purchase process with our revolutionary PropertyPay service.
With PropertyPay there is now a way to streamline the end-to-end payments process, eliminating the need for traditional methods and their associated hassles.
At its core, PropertyPay is a free, secure, and 100 per cent digital service that offers instant* fund transfers and disbursements between buyers and sellers. Unlike conventional methods that can take days to process, PropertyPay ensures that transactions are executed swiftly and efficiently, saving both time and money for all parties involved.
Learn more by contacting Currencies Direct via phone on +34 800 880 895, or email propertypay@ currenciesdirect.com. Alternatively, pop into your local Currencies Direct branch and speak to one of our
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multilingual experts to discover how PropertyPay could help you make significant savings when purchasing a property in Spain.
*The transfer of funds between buyer and seller can be instant if both have an account with Currencies Direct Spain, E.D.E., S.L
Visit us at our Spanish offices in Costa del Sol, Costa Almeria, North Costa Blanca and South Costa Blanca.
Telephone UK +44 (0) 207 847 9400 Spain +34 950 478 914 euroweekly@currenciesdirect.com www.currenciesdirect.com
Announcement: Launch of
Coastal Homes Marbella Real Estate
WE are thrilled to announce the launch of Coastal Homes Marbella Real Estate, a new family-based real estate company with offices in Nueva Andalucia. Founded by Corinna, a longtime Marbella resident with 22 years of experience in the area, Coastal Homes Marbella aims to bring a personalised and dedicated approach to the real estate market. Originally from the UK, Corinna’s professional background includes significant roles at Citibank and the fund management company Gordian Knot. Her passion for property began early, involving herself in buying and renovating projects back in the UK. This passion only grew when she and her husband moved to Spain in 2002 with their four children. Since then, they have continued to invest in off-plan projects and the renovation of beautiful old homes in Marbella.
Corinna’s extensive experience in the real estate market has equipped her with the skills to help clients find their perfect homes. Her commitment to client happiness is at the heart of her business ethos. “For me, it’s about their happiness - if they are happy, that makes me happy,” says Corinna. The Coastal Homes Marbella team is a true family affair. Corinna’s four children, who were all educated in Spain, are now integral parts of the business, bringing their expertise in sales and technology. Her sons, who studied computer science and engineering, provide a valuable technological edge to the company’s operations.
Additionally, to ensure the highest level of service and legal assurance, Coastal Homes Marbella collaborates closely with a reputable local lawyer, Ignacio Zarza, providing clients with professional legal advice and support throughout the property buying process. A special mention goes to Corinna’s daughter, Trinity, who will be a vital part of the business. Trinity will be welcoming new clients and showing them the best properties to suit their needs, ensuring a smooth and enjoyable experience
for every client.
Corinna has been deeply involved in Marbella’s community life. She served as Chair of the PTA at The English International College for many years, where she enjoyed organising events and supporting local charities. Additionally, she is an active member of The Choir Andaluz, a contemporary choir that practices in council spaces and supports events for the town hall.
Coastal Homes Marbella Real Estate promises to combine professional expertise with a personal touch, ensuring each client receives the best possible service in finding their dream home in Marbella. We look forward to welcoming you to our new offices in Nueva Andalucia and assisting you in your real estate journey.
Please visit our website or contact us directly at our Nueva Andalucia office. We are excited to be part of your journey in finding the perfect home in Marbella.
463 Calle Jazmines, Nueva Andalucia, Marbella www.chmarbella.com
634 323 355 corinna@chmarbella.com
Come and experience the difference a family-based approach can make. We look forward to serving you!
Your Englishspeaking agency on the Costa Del Sol
CASA COSTA PROPERTY is based in the centre of Fuengirola, minutes from the train and bus station and Church Square.
Owner, Stefan Mitchell explains “we are a full-service agency, a one-stop shop from start to finish. We guide you through the buying and selling process but we also provide other services including legal advice, tax advice, keyholding, interior decoration, holiday rental services, maintenance and repairs, cleaning and general inspections.
Lisa Burgess, Agent at Casa Costa Property, adds that “it is key to know the right trusted professionals on the coast working as a team to make the process as smooth as possible for our valued clients.” She says “Stefan and I have both lived on
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the Costa del Sol for a considerable time and we now have an excellent team in place to offer a high level of service.”
Casa Costa Property is, in the main, an English-speaking agency but works with diverse nationalities.
Stefan says that “the coast has many international buyers seeking their ideal place in the sun, but our clients can be safe in the knowledge they will be looked after properly and with due diligence.”
Please contact
Stefan Mitchell - 666 448 456 or Lisa Burgess - 634 090 951 info@casacostaproperty.com casacostaproperty.com
Buying or selling
ONE of the peculiarities of the housing market at the moment is the difference between the high percentage of people who wish to buy a home and the small number of Spaniards who are selling.
Within the overall real estate activity in the first six months of 2024, 78 per cent of enquiries are from buyers or aspiring buyers but, on the other hand, there are only 15 per cent of sellers making contact with agents. In addition, another 6 per cent are participating in both markets (selling and buying at the same time).
This is one of the conclusions of the report ‘Radiography of the housing market in the first half of 2024’ prepared by Fotocasa
Research, which aims to analyse the current situation of the real estate market in Spain.
“The abrupt change in monetary policy with the rise in interest rates has been a turning point for the real estate market.
Buyers are approaching the market but the supply does not meet their needs. In this context of mismatch, prices are rising in a situation that com-
plicates accessibility to housing,” commented María Matos, Director of Studies and spokesperson for Fotocasa. The report concludes that the real estate market is in a change of cycle and a process of adaptation after the intense activity generated by the pandemic, at the same time as it is digesting the interest rate rises driven by the European Central Bank.
Profitability of property investment
INVESTING in real estate is good business, if you have savings, buying a property will be more profitable than having it in the bank.
The real estate platform Idealista publishes its profitability index by provincial capitals every quarter. It analyses four products: housing, commercial premises, offices and garages. All generate good rental income, although some more than others.
Commercial premises and offices are the most profitable real estate investments in Malaga Province. The least profitable is buying and then renting a parking space, although it always pays more than a 10-year bond. In the first case, gross profitability in the first quarter of 2024 was over 8 per
cent. Offices are offering a yield of just over 7 per cent, slightly less than in December. There are many companies wanting to set up in the province and there is not enough space for all of them.
One of the solutions that is being developed at breakneck speed is coworking spaces and, despite the growing number of these types of spaces, their occupancy level is high and there are even some that are occupied by a single company.
With regard to housing, real estate also yields a good return, although slightly lower than the other sectors because the purchase price is so high. However, the yield is stable at around 6 per cent without taking resale into account.
WELCOME to Martin Real Estate, where founder Paul Martin and his dedicated team have expanded their services with a new office in Calahonda. Conveniently located on Calle Mérida de Jarales, just down the street from Mercadona, the new office underscores their commitment to serving homeowners in Spain.
With many years of success on the Costa Del Sol, Paul’s background in sales and customer service ensures a trusted experience. Martin Real Estate prioritises professionalism, transparency, and dependability with the team focusing on matching buyer and seller needs for optimal outcomes and fostering long-term client relationships.
Their commitment to quality service, local market expertise, and client satisfaction sets them apart in
Calahonda, Mijas Costa, and beyond. Whether buying or selling, clients can trust Martin Real Estate for a friendly and reliable approach to real estate.
Paul emphasises, “At Martin Real Estate, we pride ourselves on our ability to ensure the best possible outcome for our clients. We strive to exceed expectations and build longterm relationships that last a lifetime.”
From Paul’s dedication to quality service to the team’s unwavering passion for client satisfaction, Martin Real Estate stands out as a trusted name in the real estate industry across the Costa del Sol.
Experience the difference with Martin Real Estate - a company dedicated to exceeding clients’ expectations and delivering exceptional results.
Calle Mérida de Jarales, Calahonda
Where excellence meets expertise
SOTOGRANDE, a gem on the Mediterranean coast, offers a unique blend of luxury, leisure, and lifestyle. In such a competitive real estate market, choosing the right property group can make all the difference. Bristow Property Group stands out as a beacon of professionalism, expertise, and personalised service in Sotogrande’s real estate landscape.
At Bristow Property Group, we understand that purchasing or selling a property is more than just a transaction; it’s a significant life event. Our team is dedicated to providing an unparalleled client experience, grounded in trust, transparency, and attention to detail.
With years of local market knowledge, we are uniquely positioned to offer insightful advice and strategic guidance, ensuring our clients make informed decisions that best serve their interests.
One of the core strengths of Bristow Property Group is our bespoke approach. We recognise that each client has distinct needs and preferences. Our tailored services range from exclusive property lis-
tings to comprehensive market analyses, ensuring that whether you are buying your dream home or selling a cherished property, the process is seamless and stress-free. Our portfolio features an exquisite selection of properties, from luxurious villas and contemporary apartments to charming townhouses.
This diverse range caters to various tastes and requirements, ensuring we have the perfect home for every client. Moreover, our robust network and marketing strategies guarantee that properties listed with us receive maximum visibility and reach the right buyers swiftly.
For new property listings and inquiries, please contact us at info@sotograndesales.com.
Together, we can achieve remarkable results.
We invite property owners to list their properties with Bristow Property Group. By doing so, you will benefit from our extensive market reach, professional marketing, and dedicated client base, ensuring your property is showcased in the best possible light and sold at the optimal price.
Choose Bristow Property Group, Sotogrande, where excellence meets expertise, and let us turn your real estate dreams into reality.
Minimalist living
MINIMALIST living, characterised by simple and elegant interior design, emphasises the beauty of simplicity and the function of space. This design philosophy strips away excess, focusing on the essentials to create environments that are both serene and sophisticated.
Central to minimalist interiors is the concept of ‘less is more’. Spaces are uncluttered, each item chosen for its functionality and aesthetic appeal. Clean lines, neutral colour palettes, and natural light dominate, creating an atmosphere of calm and
openness. Furniture in a minimalist home is often sleek and functional, with a preference for quality over quantity. Pieces are strategically placed to maximise space and flow, avoiding overcrowding and ensuring that each item has a purpose.
Materials play a crucial role in minimalist design. Natural elements such as wood, stone, and metal are favoured, adding texture and warmth
Locales 16/17 Galerías Paniagua 11310 Sotogrande, Cadiz. 609 544 818 | 956 793 200 info@sotograndesales.com www.sotograndesales.com
Opening Hours (Mon – Fri): 09:00 – 14:00 & 16:00 – 18:00
Opening Hours (Sat – Sun): by appointment Only
without overwhelming the senses. The use of these materials in their most natural state enhances the simplicity and elegance of the space. In addition, the minimalist approach often includes smart storage solutions to maintain an organised and clutter-free environment, reinforcing the notion that every item has its place.
The beauty of minimalist living lies in its ability to create spaces that are not only aesthetically pleasing but also promote mental clarity and well-being. By reducing visual noise and emphasising order, minimalist interiors foster a sense of tranquility and focus. This design style encourages mindful living, where the emphasis is on appreciating the quality and craftsmanship of a few well-chosen pieces rather than the accumulation of many.
In essence, minimalist living is about creating harmony and balance through simplicity. It is a celebration of space, light, and form, where elegance is achieved through restraint and thoughtful design choices.
Etherna Homes: Experience
the fusion of Nature and Golf
NEW DEVELOPMENT of New Constuction Homes next to the golf course in Valle Romano, Estepona. Etherna Homes is a residential complex consisting of 135 homes with one, two, and three bedrooms, distributed across six low-rise buildings, carefully designed in a contemporary and attractive style with spectacular views of the golf course and the sea, with the incomparable backdrop of Sierra Bermeja behind them.
The spectacular three-bedroom penthouses with terraces of over 90 m² stand out. All homes feature large terraces, a garage, and a storage room included in the price.
Common Areas to Enjoy All Year Round - At Etherna Homes, you’ll find not just a home, but a lifestyle. The exceptional common areas include a pool with a solarium, gym, putting green, Zen areas, and gardens with native species that convey the serenity and beauty of living in Estepona.
The security and privacy of the residents are guaranteed by a gated area and a security booth. This exclusive residential complex is located next to Valle Romano Golf & Resort and its Clubhouse, where you can enjoy its restaurant and spa.
The excellent location of Etherna Homes offers easy and direct access to the main communication routes, such as the A-7 and AP-7, being just a five-minute drive from the centre of Estepona, the marina, and beaches. This connectivity makes this residential complex an ideal option for those seeking a peaceful life without giving up accessibility and all the amenities offered by the Costa del Sol.
Etherna Homes is much more than just a place to live; it is a commitment to quality and sustainability. Each home has been designed to offer comfort and practicality, with design and materials
LAST year, the Euribor rate exceeded 4 per cent, as the housing prices continued to rise, leading to stagnation in the sector.
that create a warm and welcoming atmosphere. Additionally, Neinor Homes offers the possibility to customise the homes with the most exclusive designs, created by their architects and interior designers.
In short, Etherna Homes offers a modern and functional lifestyle, as well as a connection with nature and the sea, to enjoy the essence of the Costa del Sol in the best possible way.
900 110 022 neinorhomes.com info@neinorhomes.com
Mortgage market
Anna Akopyan
However, 2024, appears improved; iAhorro mortgage director, Simone Colombelli, had previously predicted this year to be the one of “recovery” for Spain’s mortgage market.
This year, Fotocasa revealed that from June, the market will be able to see that “access to housing improves as the conditions for access to mortgage credit are lowered.”
Idealista, for its part, noted that in 2024 “interest rates are beginning to refl ect the drop in the Euribor, as well as the greater competition between banks. This strong mortgage war is being fought fundamentally in fi xed and mixed mortgages, which continue to dominate the market.”
Throughout the past two years, both clients and banks preferred mixed mortgages to a fi xed or variable one, since the rise in the Euribor made variable mortgages more costly.
Mixed mortgages on the other hand, have a fi xed initial period, lasting from three to 15 years and a second variable period until the end of the term, providing a certainty in a remaining fee despite the Euribor rate rise.
Discover Your Dream Home with La Raya Spanish Properties who are here to help you every step of the way.
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Are you overwhelmed by the complexities of buying property in the Costa del Sol?
NAVIGATING the real estate market can be daunting, but it doesn’t have to be. At La Raya Spanish Properties, we understand your concerns and are here to guide you every step of the way.
Common Challenges:
Many prospective buyers face confusion about market trends, legal requirements, and finding the perfect home that meets their needs.
Your Solution:
La Raya Spanish Properties are a small friendly dedicated team which offers personalised, one-on-one service to ensure your unique needs are met. From initial consultation to closing, we provide expert guidance on every aspect of the buying process.
Why Choose Us:
With extensive local knowledge and a passion for excellence, La Raya Spanish Properties makes the homebuying experience enjoyable and stress-
free. We offer tailored market insights, comprehensive property searches. Our goal is to find you a home that fits with your lifestyle.
Your Path to Success:
Imagine confidently investing in a property, assured that each decision is backed by our expertise. We help you envision your future and turn it into reality. Our team speak many languages and can help you regardless of which language you speak.
Don’t let the fear of the unknown hold you back. Contact La Raya Spanish Properties today and take the first step toward finding your dream home. Let us transform your real estate journey into a seamless and rewarding one. Your dream home awaits!
Call us on +34 602 507 312 or visit www.larayaproperties.com to start your journey with La Raya Spanish Properties. Your dream home awaits!
Holiday rentals
WITH Spain’s real estate market being highly reliant on holiday rentals, investing into this type of accommodation can be a more guaranteed source of income; these are some of the benefits.
Payment security
Tourist rental is normally managed on specialised online platforms, which guarantee payment since customers pay the entire cost in advance when booking. Regular rent, on the other hand, may carry the risk of missed or late payments.
Flexibility
Especially demanded during the summer, tourist accommodation may be taken for personal use in the seasons of low tourist income, reducing the costs of
renting another location, in contrast with long-term rentals where the owners lose access to their property entirely.
Maintenance
Being short-term, holiday rentals require consistent attention, ensuring that the accommodation remains in good condition. This is more convenient than facing costly repairs at the end of the lease in long-term rentals, making tourist accommodation more financially stable for the owners.
One thing to be aware of is the updates in tourist accommodation regulations, adhering to the market´s guidelines. With an increase in tourism in recent years, municipalities across Spain have been placing limitations on holiday homes, hence a consistent review of the laws is essential.
Anna Akopyan
Understanding different property valuations is crucial when dealing with property in Spain.
Key Values
TWO key values to consider are cadastral value and market value.
Cadastral value, known as ‘valor catastral’ in Spain, is the administrative value assigned to a property by the property registry.
It determines property taxes and aims to ensure fair taxation.
Factors influencing cadastral value include location, construction qua-
lity, land value, property age, renovations, historical significance, and surrounding changes.
The value is adjusted annually based on government budgets but doesn’t reflect market dynamics.
To prevent it from exceeding 50 per cent of the market value, a market coefficient of 0.5 is typically applied. Market value, on the
other hand, is what a buyer is willing to pay for a property in the current real estate market. It fluctuates based on market conditions, demand, and economic factors, making it a crucial aspect of property transactions.
Understanding these valuations helps in making informed decisions when buying, selling, or owning property in Spain.
A top class real estate service
I STARTED Blue Gecko Estates in August 2023 with one thing in mind: to ensure that our clients got total transparency from us. My focus since then has been to step into our client’s shoes and see it from their point of view, even when the situation does not go our way. This, coupled with a solid understanding of buyer and seller requirements, are our two main ingredients for delivering a top-class real estate service. But it’s not just about the property sale. There are dozens of service providers involved in making the dream come alive for our clients. I love working with the right network to ensure this happens, including the best lawyers, FX partners, mortgage advisors, interior designers, logistics people, architects, insuran-
ce brokers, builders, painters, electricians… well you get the picture! Blue Gecko Estates covers the residential areas of Benalmadena to East Marbella and the hilltop communities of Benalmadena Pueblo, Mijas Pueblo and La Mairena. The Costa del Sol is a strong second home market, and as a result, we work with a diverse range of international clients, alongside the local community, all searching for their piece of paradise.
If you would like to speak about your next real estate search or require a free valuation of your property in preparation for listing, we would be more than happy to arrange a face-to-face meeting or video call to find out more about your journey. We hope to see you out there!
Golf Gardens Miraflores
625 416 523 | Riviera del Sol, Mijas Costa 29649
E: christine@bluegeckoestates.com
