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MAYO | MAY 2014
Annual Variation in Marbella By Leonardo Cromstedt Broker (Owner) Tel. (+34) 952 83 12 00 www.LeonardoCromstedt.com
TR ANS AC TIONS 4th Qua rter 2012 4th Qua rter 2013
PR IC E SO LD 4t h Quart er 2012 4t h Quart er 2013
How is the Market? In Marbella during the fourth quarter of 2013, 998 homes were sold, which means an increase of 20.9% over the same period last year. The main reason for this increase is the continuous adjustment of prices in recent years, attracting international buyers.
+20,9 % +0,5 %
Standard and Poor's considers overvalued homes The rating agency believes that homes in Spain are overvalued by between 9% and 18% compared with the level of household income. At the same time, the firm predicts that the value of property in Spain will fall 2% this year.
Increases to 10 years the average time of possession of houses With the arrival of the crisis have changed less citizens home in Spain. If in 2007 the average holding period was 7 years and four months in 2013 has become 9 years and 10 months, that is, a 34.09% increase, according to the Property Register
RE/MAX Eralia in Press: EL PAIS (April 9th) On April 9th, Leonardo Cromstedt participated with the contribution data in the article published by the newspaper EL PAIS "New housing for less than 100,000 euros on the beach." An overview of the opportunity to acquire property in different parts of the Spanish coast for less than 100,000 euros are available.
Did you Know...? The tax you have to pay to buy a new home directly from the developer is the 10% VAT. Subscribe Monthly Newsletter:
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RE/MAX Eralia Office Nº 1 in Andalusia 2013 · 2012 · 2011
Los Patios de Santa María Golf, local 13—14 29604·MARBELLA (Málaga) Spain Telf. (+34) 952 831200 e-mail. eralia@remax.es www.remaxeralia.es