WEEKEND WORLD NEWSPAPER - PROPERTY SUPPLEMENT

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Issue 18 April 28 - May 11, 2016

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WEEKEND WORLD PROPERTY SUPPLEMENT - 1

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2 - WEEKEND WORLD PROPERTY SUPPLEMENT

Issue 18 April 28 - May. 11, 2016

PROPERTY NEWS Why Buy in Spain?

Spain has a great variety of landscapes, from mountains and lakes in the north to sandy beaches, olive groves and vineyards in the south. The drive from Burgos in the northwest to Malaga in the south-east takes you through so many different panoramas; you could be forgiven for thinking you are driving through several different countries. For years the south-eastern Mediterranean coast has been one of Europe’s most popular holiday destinations and is the place of choice for most British second homes. However, in recent years the north-west (Galicia) with its craggy shores on the Atlantic is attracting a large amount of attention amongst buyers looking for more rural retreats away from the tourist hubs of the Costas - at more sensible prices.

Only in the last two or three decades, and since Spain’s entry into the European Union, have things really begun to move ahead and to modernise. For those who live in the countryside however, life remains quite traditional and unchanged, blissfully so to visitors who look back to a more intimate and unspoilt village life that is long past in most countries.

People are also attracted by the relaxed and slower way of life in Spain and the culinary delights like paella and tortillas are legendary... and affordable. Overall, there are loads of reasons that Spain is the number one destination for Britons buying abroad.

Legalities Based on news stories about property buyers in Spain having their property demolished, I think it’s safe to say that buyers now realise that it’s not only imperative to get a solicitor, but it’s absolutely necessary to get a good solicitor.

Another vital factor is that you need to find a solicitor who is independent from the estate agent, developer or company showing you the properties, so that you know the solicitor is working for you and not the property professional. Some solicitors may draw up a contract of sale which is in favour of the estate agent (or end seller), and the reason behind this is quite disingenuous. By safeguarding the agent the solicitors will be assured of retaining their valuable business. Compare your one transaction to the many the solicitor stands to gain from the agent or developer and you will understand the clear conflict of interest here.

Getting Started Buying a property and living in Spain is straightforward if you are a national from another EEC (European Economic Community) country. If however, your nationality falls outside the Euro zone you may be able to buy a property but there might be time restrictions as to how long you can stay in the country. Furthermore, there are certain guidelines as to work

permits for non EEC nationals. You can find out information pertinent to you by accessing the Spanish Embassy website or through a variety of internet websites. There are also specialist emigration organisations that will often do a free consultation letting you know your options.

Finance In Spain purchase costs could be 10%+ over and above the purchase price and when considering the dramatic changes in currency exchange rates, this percentage could climb much higher. So, if your property price is £100,000 it could cost £110,000 (or more) by the time you complete and take possession of the property. It’s important from the start that you clearly understand how much a property will cost you as this will determine what price range you can look at.

While researching the Internet, attending property trade shows and emailing estate agents, start to investigate what

is included in the property price versus what gets added on. In Spain the purchase price includes the estate agency fee (usually 5%, but nowadays maybe 3%). For all property and land, 10% of the purchase price is paid as a transfer tax that goes to the Spanish Treasury. In addition, there are notary fees and a land/property registration fee, which varies according to the purchase price of the property. Also consider solicitors and mortgage fees. Solicitors usually charge 1% of the purchase price + VAT at 21%.

Make sure that you have done your homework and that you are using a reliable and trustworthy solicitor. This may include asking for personal referrals - and these must not include your developer or agent - or using specialised Spanish websites. If the solicitor does not fully comprehend English or you have any reservations at all - move on and find someone else. Your solicitor will review the sale agreement, verify titles, and carry out other checks to ensure that you’re protected.

They, or a notary, may be responsible for paying any taxes and registering the property with the land registry if this is required. Charges vary for legal and notary services but can cost around 1% to 2% of the sale value of the property. In Spain the cost is determined by the government.

You need to bear in mind that the legal system in Spain may not work in your favour if trouble strikes, so it is of paramount importance that you hire qualified people who can ensure that you do not have to take legal action. Don’t put yourself in the position of needing legal redress. You may have the law on your side but the legal system abroad can keep you tied up for years and cost a fortune. Make sure you - and your solicitor - get it right from the start and the purchase will move forward easily, most purchases in Spain do, you only hear about those that don’t.

LUXURY HOUSING in

MADRID and COSTA DEL SOL

M O R E

T H A N

338 m2

4 . 0 0 0

3 bed

E S T A T E S

2 parking

3 bath

Nueva Milla de Oro PENTHOUSE - DUPLEX Spectacular penthouse - duplex situated on sea front. South facing orientation and fabulous views over the swimming pools, tropical gardens and the Mediterranean Sea. With full terrace, barbecue and Jacuzzi area.

1.350.000 €

190 m2

Ref. web: 94557

3 bed

3 bath

1 parking

Milla de Oro

APARTMENT Magnificent refurbished apartment in Ancon Sierra, Milla de Oro. With terrace, 70m2 garden, parking space and storage room. Quiet urbanization with 24hr security and communal swimming pool.

595.000 €

184 m2

Ref. web: 93887

3 bed

3 bath

1 parking

I N

G I L M A R . E S

458 m2

3 bed

3 bath

3 parking

Nueva Andalucía

PENTHOUSE Wonderful penthouse in a luxurious urbanization next to Puerto Banus. Tropical gardens, swimming pools, 24hr security and large terraces. Only a few minutes away from the commercial area, leisure, restaurants, and other amenities.

900.000 €

191 m2

Ref. web: 81685

2 bed

1 parking

3 bath

211 m2

3 bed

3 bath

1 parking

Marbella Center

APARTMENT Large refurbished apartment with excellent qualities and only 100 meters from the sea front. Includes a terrace, garage and storage room. The building has a concierge service and tennis court.

630.000 €

229 m2

Ref. web: 94415

4 bed

1 parking

2 bath

Río Real

Guadalmina Baja

Luxury apartment in Marbella East. 5 minutes from the beach and city. Perfect condition, south facing. Very good quality, with large communal gardens, exterior heated swimming pool and 24hr video surveillance.

Penthouse next to the beach in Guadalmina with views over the sea and gardens. Located only at 100 meters from the Guadalmina beach and its famous golf course and beach club which is open all year.

455.000 €

380.000 €

APARTMENT

106 m2

PENTHOUSE - DUPLEX

Ref. web: 93381

2 bed

2 bath

1 parking

62 m2

Ref. web: 50508

1 bed

1 bath

1 parking

Sotogrande

Estepona Golf

APARTMENT

APARTMENT

Beautiful apartment in Sotogrande Port. Luxurious front line urbanization. Large terrace with fantastic views over the Marina. With parking space and storage room.

Situated in a spectacular Mediterranean setting with a crystal water lagoon ...an aquatic sports paradise. High quality interior design and large exterior terraces within a luxurious environment.

Beautiful apartment with magnificent views over the Santa Maria Golf Club and sea. Located in a closed urbanization with gardens and swimming pools. Perfect condition.

265.000 €

201.000 €

136.400 €

Ref. web: 85743

For more information: Go to Gilmar.es and enter the web reference in the search and you will have detailed information on the estate.

Elviria APARTMENT

Ref. web: 93041

Ref. web: 93540

ESTEPONA

PUERTO BANÚS

MARBELLA

Avda. de España, 190 estepona@gilmar.es

Plz. Antonio Banderas, 6 banus@gilmar.es

Avda. Ricardo Soriano, 56 marbella@gilmar.es

952 80 85 70

952 866 800

952 861 341

While we try to ensure that prices shown here published are accurate at all times, we can not be responsible for typographical errors or any other that may appear on the site. If the published price of a home is incorrect CONSULTING INMOBILIARIO GILMAR is only responsible for the price you have signed with ownership of the property in the corresponding sales order, which we will try to convey at the time of recognition of the error. Prices may be subject to change without notice.

New Aloes Gibraltar

WORLD CLASS LUXURY IN THE MEDITERRANEAN

Stunning Views from Dusk till dawn New Alones is a world class award-winning contemporary home that showcases breath-taking views over the Strait of Gibraltar towards Spain and deep into the Rif Mountains of Africa.

Built on the site of a former Ministry of Defence building of the same name, New Aloes is a substantial 21st century home of 9,526ft² with 4,402ft² of terraces and 6,243ft² of garden.

This bespoke designed mansion has 7 bedrooms, 6 bathrooms, premium quality kitchen and bathrooms, garage park-

info@sunsearchhomesinternational.com

952 880 844

ing for 10 cars, pool spa and a Jacuzzi set amidst verdant landscaped gardens.

Superb Interior Design New Aloes has been designed to maximize the stunning views from all the living areas. The spacious kitchen with vistas towards Spain and Morocco is dominated by the 7 metre all in one Krion preparation-dining island. Clever use of space means that the 1237 square feet living room is divided by a smokeless, odourless bioethanol fire sunk into a black granite hearth.

New Aloes offers luxury, privacy and endless space

The raised dining area has a beautiful English oak floor while the living area is Travertine marble with underfloor heating. A quiet library/study zone is separated from the living area by sliding glass panels.

The seven bedrooms are distributed throughout the house to ensure privacy, while the master suite has panoramic views, a private terrace, a rotating super king bed, walk in wardrobe and an open wet room.

Outside Living With 5381 square feet of landscaped gardens and 4402 square feet of terraces on various levels and with different orienta-

info@sunsearchhomesinternational.com

952 880 844

tions, New Aloes provides an opportunity to enjoy the wonderful climate of Gibraltar from dawn to dusk.

A black river stone waterfall flows through the garden towards a thatched Tahiti style chill out bar. Below is a circular 2 level pool with Jacuzzi effect jets. This pool connects via a shallow stream to the main infinity edge heated swimming pool. A spa terrace on the 2nd floor has a heated spa pool containing sculptured mosaic beds facing perfectly south west for the African sunsets. A stainless steel channel sends a cascade of water tumbling into the pool below.

Price ÂŁ10.9 million (GBP)

SOHER

®

6 - WEEKEND WORLD PROPERTY SUPPLEMENT

Issue 18 April 28 - May. 11, 2016

SOHER

®

“Soher combines the latest decorative trends and luxurious furniture with the most traditional designs, allowing it to reach perfection”

Alexanders’ Collection Spain Luxury Home Opening hours: Monday-Saturday 11:00 - 20:00 Ctra. n-340, Km 176, Edif OASIS Business Center, Local 1, 29600 Marbella, (Malaga), España T. +34 952 82 34 40 | ac.spain@yahoo.es | www.ac-spain.es

savills.com www.js-sotogrande.com savills.com

Alcaidesa townhouse 3 en-suite bedrooms 139m2 built 309 m2plot e269,000

Extremely nice and spacious 3 bedroom semi-detached house in La Villa community in Alcaidesa. The unique location within the community means that the house has possibly the largest total garden/terrace space and is elevated so good views with privacy. The house of 134m2 plus 46 m2 of terraces consists of a large living room, kitchen with utility area, dining room/study or further bedroom and guest cloakroom on the ground floor.

Upstairs there are 2 bedrooms which share a bathroom and master suite. The master suite has a large south facing terrace which gets sun virtually all day. There is a car port and communal pool. Lovely sea views throughout even from garden level.

James Stewart in association with Savills C/ Sierra Bermeja, s/n, Ed. Ayala 1, Pueblo Nuevo de Guadiaro, 11311 - Sotogrande, Cádiz T +34 956 795 300 M +34 617 461 014 info@js-sotogrande.com www.js-sotogrande.com

Country house in Gaucin 4 bedrooms 4 bathrooms 310m2 built 17000 m2 plot e1,250,000

ARCHITECTURAL ESTATE WITH EXPANSIVE CITY AND OCEAN VIEWS angeles, california Less thanlos 1k from the popular white village of Gaucin yet totally private, the house is reached via a security gate and a concrete driveway.arriving at an entrance courtyard with fountain. Entering the house a very large living room,with dining area, fireplace and terraces. Fully equipped kitchen with breakfast bar and covered ARCHITECTURAL ESTATE WITH EXPANSIVE CITY AND OCEAN VIEWS terrace off. Two large bedrooms en-suite, dressing room, office and small gymnasium. Ample service quarters and guest toilet.

13,000angeles, sq ft home  master bedroom suite with his and hers bathrooms  closets on opposite los california Savills International From the main living room stairs lead to the lower level containing two further bedrooms, bathroom and small sitting/ TV room. The lower level opens out to the most

Jelena Cvjetkovic sides and a bar area within one of the closets  oversized floating (Baja elevation) infinity pool with attractivefire pool terrace arearoom/studio with a largeunderground L shaped swimming with small kitchen covered and open spaces. jcvjetkovic@savills.com pit and  hidden guest  motor pool, court BBQ with room for 8 cars plusand 3 car +44 (0)20 7016 Features13,000 of the sq house include wooden beams, central heating, A/C in the two larger bedrooms, double glazing, solar panels, well and mains water plus3754 very high garage  indoor and an outdoor movie theatre  wine tasting room with cellar and a window that ft home  master bedroom suite with his and hers bathrooms  closets on opposite Savills International becomes a rear projection screen at the touch of a button quality finish However aspect isfloating the situation.

Absolutely spectacular and the countryside to, Jelena Cvjetkovic sidesthroughout. and a bar area within the onemost of theoutstanding closets  oversized (Baja elevation) infinity pool withviews to Gaucin on the left, mountains The Agency jcvjetkovic@savills.com on a clear and North Africa. underground  motor court with room for 8 cars plus 3 car fireday, pit Gibraltar hidden guest room/studio Santiago Arana +44 (0)20 7016 3754 garage  indoor and an outdoor movie theatre  wine tasting room with cellar and a window that santiago@theagencyre.com becomes a rearmillion projection screen at the touch of a button Guide US$18 +1 310 926 9808

The Agency Santiago Arana

savills.com www.js-sotogrande.com savills.com

Sotogrande Marina penthouse with pool 3 bedroom 2 bathroom 131m2 built 103m2 terrace e495,000

Very nice 3 bedroom penthouse with large solarium and private plunge pool.

The living area consists of living/dining room, large rectangular kitchen, 2 double bedrooms which share a bathroom and a master suite. The terrace off the living room and master suite has been decked and enclosed with retractable glass curtains to create a conservatory in the winter. Upstairs on the solarium there are 2 entertainment areas with private plunge pool. Both floors enjoy very nice marina views. Price includes one underground parking space and a large storeroom within the building.

James Stewart in association with Savills C/ Sierra Bermeja, s/n, Ed. Ayala 1, Pueblo Nuevo de Guadiaro, 11311 - Sotogrande, Cádiz T +34 956 795 300 M +34 617 461 014 info@js-sotogrande.com www.js-sotogrande.com

Sotogrande Valgrande duplex penthouse 4 en-suite bedrooms 299,57 BUILT 157.77 terraces e995,000

ARCHITECTURAL ESTATE WITH EXPANSIVE CITY AND OCEAN VIEWS losappointed angeles, california An excellently and beautifully presented duplex penthouse with private elevator access in Valgrande I. The property has private elevator access from both the underground parking and main portal entrance. These penthouses in Valgrande which are known for their spacious layout and excellent outdoor spaces consist ARCHITECTURAL ESTATE WITH EXPANSIVE CITY AND OCEAN VIEWS on the main floor of living/dining room, spacious kitchen with utility room, guest cloak room and 2 double bedroom suites. There is a semi covered terrace which 13,000 sqofft the home  master bedroom suite with hisfrom and which hers bathrooms  closets opposite the day. Upstairs there are 2 further los angeles, california Savills International runs to the length apartment offering different areas to enjoy the exterioron throughout bedroom room suites with Jelena Cvjetkovic sides and a bar area within one of the closets  oversized floating (Baja elevation) infinity pool with private terrace. There are 2 parking bays, storeroom and golf buggy parking bay in the underground parking level. Valgrande is a gated community with 24h securijcvjetkovic@savills.com fire pit  hidden guest room/studio underground  motor court with room for 8 cars plus 3 car ty/concierge, exterior pools, indoor spa with pool, putting green and maintenance service. +44 (0)20 7016 3754 garage  indoor and an outdoor movie theatre  wine tasting room with cellar and a window that 13,000 sq ft home  master bedroom suite with his and hers bathrooms  closets on opposite Savills International becomes a rear projection screen at the touch of a button Jelena Cvjetkovic sides and a bar area within one of the closets  oversized floating (Baja elevation) infinity pool with The Agency jcvjetkovic@savills.com fire pit  hidden guest room/studio underground  motor court with room for 8 cars plus 3 car Santiago Arana +44 (0)20 7016 3754 garage  indoor and an outdoor movie theatre  wine tasting room with cellar and a window that santiago@theagencyre.com becomes a rearmillion projection screen at the touch of a button Guide US$18 +1 310 926 9808

The Agency Santiago Arana

Issue 18 April 28 - May 11, 2016

WEEKEND WORLD PROPERTY SUPPLEMENT - 11

9 TIMELESS VILLAS T H E M O S T LU X U R I O U S P RO J E C T O N I B I Z A

For a full brochure visit: www.globalluxuriousproperties.com / www.capblancibiza.com

GLOBAL LUXURIOUS PROPERTIES team of professional estate consultants

T: +31 (0)-15-2630195 info@globalluxuriousproperties.com www.globalluxuriousproperties.com

d e v e l o p m e n t www.capblancibiza.com

T. +31 (0)20 471 57 83 info@minerva.nl www.minerva.nl

Mansion Club

Built 184 m2 | Terrace 48 m2 3 bedrooms | 2 bathrooms Location: Mansion Club (Golden Mile) Price: 890.000 euros Stylish, beautifully furnished apartment situated in the 5-star urbanization with a social club, fully fitted gym, sauna, Jacuzzi, Turkish bath, indoor heated and outdoor communal swimming pools with solarium outside, garage and parking places, lovely bar and restaurant, 24h security REF: 263-00114P

info@drumelia.com | www.drumelia.com | +34 952 766 950

Jamena Construccioness turns your ideas and projects into reality

The quality of our building work, professional ethics, dedication and commitment to the clients and, of course, the enthusiasm that we bring to every new project are the core value of our company.

As a result of the latest technologies, innovative architecture allows us to complete every project with functionality and energy-efficiency, giving our clients the maximum comfort.

Our team is the most valuable asset of the company, consisting of more than 50 full-time professionals and a consolidated group of subcontractors and suppliers that allows to complete all our projects with the guarantee of the highest standards of execution.

Over 30 years of continued business ensure the fulfilment of all the contracts on time and on previously agreed budget.

C/ Guadalmansa, 1. Cancelada. Estepona (Mรกlaga) TEL +34 952 888 445 FAX +34 952 888 446 www.jamena.com

195.000 €

Your EXPERT for NEW DEVELOPMENTS

on The Costa del Sol GENERATING BUSINESS - ADMINISTRATION - AFTER-SALES SERVICE INVESTMENT- PROJECT EVALUATION - PROJECT MANAGEMENT- MARKETING

Issue 18 April 28 - May. 11, 2016

18 - WEEKEND WORLD PROPERTY SUPPLEMENT

COMFORT, DESIGN AND SUSTAINABILITY! A New Concept in Modern Luxury Homes

Y

OU have most likely noticed the stylish new villas being constructed on the Costa del Sol. Though the actual designs, sizes and configurations vary greatly, the emphasis is clearly on contemporary architecture, modern technology and open floor plans.

However, another highly important element in the homes being built today is energy-efficiency and sustainability – a trend that is surely going to gain further importance in the coming years.

THE PASSIVE HOUSE The Passive House concept takes energy efficient architecture to another level, and the German-based Passive House Institute has set the international standard in the field.

It aims to create homes that are so efficient in their natural temperature regulation that they are nearly energy-neutral. Such properties can even become ‘Zero Energy Homes’ if they produce as much energy as they use, combining the Passive House Standard with the effective use of renewable energies.

This is done in two ways. Firstly, by insulating a home by building it to the highest modern standards in terms of insulation, quality and airflow. Secondly, the home achieves net zero energy usage by producing its own hot water, heating and electricity from photovoltaic panels, thermal solar panels and geothermal heating and cooling systems.

The concept is all about achieving more with less energy input, without compromising on style, comfort and amenities in any way.

The Passive House Institute will provide an official certification to properties that conform to its stringent norms in terms of airtightness, optimal air ventilation, thermal

consistency and energy generation from sustainable sources. And being German, they will not only measure the outcome but also thoroughly inspect the home’s energy systems, so you can be sure that a Passive House certificate is a true mark of quality.

THE FIRST CERTIFIED VILLA “Apart from all the environmental benefits and enormous reductions in running costs, the Passive House creates a far healthier living environment with fresh air throughout the day, a balanced temperature throughout the year and no more problems with mould through cold airstreams or too much humidity in room corners or windows. You are therefore less likely to catch colds from sudden blasts of heating or air conditioning,” says Katrin Falck-Szenessy, a qualified Passive House designer who created the first villa that has been certified as a passive house in Southern Spain.

AK - ARCHITECTS Katrin and her associate in AK Architects, Alejandro Ramos Alvelo, care about the environment and creating healthy and comfortable homes. As architects, they are naturally concerned about style, but also aim to achieve a balance between form and function in this regard. “We have so much free solar energy available here that it is self-evident that we should harness it and make homes energy-efficient by building them to the right standards,” says Alejandro. Having designed villas, housing complexes and also retail, office, distribution and industrial facilities in this region he is very familiar with the opportunities in this regard.

For her part, Katrin has many years of experience with Shell Solar consulting designers, manufacturers and builders on how best to integrate solar systems into their projects. “I drew on this background to create a Passive House for my family, and was astounded to find that other than an experimental modular construction in Granada it is the first certified house South of Madrid.”

natural wood, stone and paint instead of synthetic options.

“Not only does it give a home more character, but it marries traditional elements of design with modern technology in a way that is more durable, ensuring that our Passive Houses do not only add comfort, quality and value, but also always feel natural too.”

A NEW CONCEPT ON THE COSTA DEL SOL An opportunity to produce more up to date homes may have been lost in the past decade, but as construction is picking up in a strongly rejuvenated market there is a new chance to add value to homes in this way.

“Depending on the design parameters, a home designed in this way ranges between ten per cent more expensive and the same price as a conventional house, but you benefit from a significant reduction in running costs,” says Alejandro.

Moreover, having the Passive House Certificate can also be a determining factor in selling your property or achieving a higher sales price.

AK Architects design properties in full accordance with the official Passive House norms, and while most homeowners request modern styles these days they can adapt the concept and technical infrastructure required to any architectural type.

“The technical infrastructure is advanced but simple enough to understand and financially accessible to acquire and maintain.” Taking the environmental concept one step further than Passive House, AK Architects also aim to use natural, local materials wherever possible, thus employing specially treated

For more information, please contact: Katrin Falck-Szenessy kf@ak-arquitectos.com Alejandro Ramos Alvelo ara@ak-arquitectos.com www.solyviento.com www.alejandroramos-arquitecto.com

Vivienda Las Palmeras · Arquitecto: Valentín de Madariaga · Installer: Moncada Aluminium · Fotografía: Claudio Curia

An Infinite View Hi-Finity sliding door system from Reynaers Aluminium allows, thanks to its invisible aluminum profiles, truly impressive floor to ceiling glazed surfaces. Perfect harmony between the housing and the environment with a minimalist design that brings light and elegance.

See video

REYNAERS ALUMINIUM Priorat, 8 - Pol. Ind. Can Carner

Pol. Ind. San Roque, p.k. 0.8

08211 Castellar del Vallés (Barcelona)

11369 San Roque (Cádiz)

t +34 93 721 95 59 · f +34 93 721 31 59

t 956 611 111 · f 956 611 110

info.spain@reynaers.com · www.reynaers.es

www.grupomoncada.com

Issue 18 April 28 - May. 11, 2016

20 - WEEKEND WORLD PROPERTY SUPPLEMENT

Haute craftsmanship for those with an appetite for extreme luxury.

LUXURY SAFES HYPER LUXURY

LUXURY SAFE

MILLIONAIRE GOLD W W W. L U X U R Y S A F E S . M E

Issue 18 April 28 - May 11, 2016

WEEKEND WORLD PROPERTY SUPPLEMENT - 21

Ref: 1555

Ground Floor Duplex Casares Costa • 3 BEDROOMS • 3 BATHROOMS • 120m2 BUILT

EL DIAMENTE, CASARES COSTA Fabulous ground floor duplex apartment located on a front line beach urbanisation at Casares, with good access to main coast road and villages of Sabinillas, Estepona and the nearby golf and marina complex at La Duquesa. The property is in excellent condition and reading to move into. This would make a lovely residence or holiday home with huge rental potential. Viewing is highly recommended.

• 180m2 PLOT

235,000€

Ref: 1506

4 Bedroom Villa Casares Costa • 4 BEDROOMS • 4 BATHROOMS

BAHIA DE CASARES, CASARES COSTA A stunning 4-bedroom luxury villa located in an elevated position on the Casares Costa between Estepona and Sabinillas. A short drive to local shops, restaurants, supermarkets and 2 minute walking distance to the blue flag beaches. Close proximity to the prestigious Finca Cortesin Golf course and Dona Julia. This villa was designed in a classic Andalucian style by the renowned local architect Aubrey David and has spectacular elevated sea views.

A truly magnificent home, viewing highly recommended.

• 245m2 BUILT • 2058m2 PLOT

695,000€

For more information contact: natasha@castlesestateagency.com Tel: (+34) 952 891 221 Fax: (+34) 952 892 486 C/ Isaac Peral 4, 29692 Sabinillas, Manilva, Málaga www.castlesestateagency.com

22 - WEEKEND WORLD PROPERTY SUPPLEMENT

Issue 18 April 28 - May. 11, 2016

Ref: 1536

3 Bedroom Townhouse Duquesa • 3 BEDROOMS • 3 BATHROOMS

EL MIRADOR, DUQUESA GOLF Beautifully presented 3 bedroom townhouse located on a small, tranquil urbanisation overlooking La Duquesa Golf and enjoying panoramic views of the course and to the sea. The picturesque port of La Duquesa and traditional fishing village of Sabinillas is a short walk away. Excellent access to Marbella/Puerto Banus and Gibraltar all reached in under 1/2 hour and Malaga Airport in an hour. The house has a small garden to the front and a private parking space. A fine property in a lovely location, in fantastic condition and tastefully furnished. Ideal for holidays or as a permanent residence and viewing is recommended.

• 107m2 BUILT • 205m2 PLOT

225,000€

Ref: 1301

2 Bedroom Penthouse Duquesa • 2 DOUBLE BEDROOMS

DUQUESA FAIRWAYS, DUQUESA GOLF Superb penthouse apartment located on the frontline of Duquesa golf course, enjoying panoramic views from spacious sunny terraces. The apartment is beautifully presented having been tastefully adapted to a more contemporary design including a fabulous loft sitting room, fully fiitted kitchen and dining room and a large top floor sun terrace ideal for entertaining and al fresco living. The property has a private underground parking space and storeroom. This apartment is in immaculate condition with many additional features and makes an ideal permanent or holiday home with rental potential.

• 2 BATHROOMS • 155m2 BUILT • 205m2 PLOT

185,000€

For more information contact: natasha@castlesestateagency.com Tel: (+34) 952 891 221 Fax: (+34) 952 892 486 C/ Isaac Peral 4, 29692 Sabinillas, Manilva, Málaga www.castlesestateagency.com

Issue 18 April 28 - May 11, 2016

WEEKEND WORLD PROPERTY SUPPLEMENT - 23

Ref: 1386

3 Bedroom Apartment Casares Costa • 3 BEDROOMS • 3 BATHROOMS

LA PERLA DE LA BAHIA, CASARES COSTA Magnificent frontline beach top floor duplex apartment located on the prestigious complex of La Perla de la Bahia, Casares. A luxurious urbanization in a Moorish design with substantial tropical gardens, fountains and pools. Built to a high quality the property affords lovely views of the beach and sea. The complex is completely private, with good security, video door entry and direct access to the blue flag beach.

• 170m2 BUILT • 170m2 PLOT

390,000€

Ref: 1352

2 Bedroom Apartment Duquesa • 2 BEDROOMS • 2 BATHROOMS

LAS BUGANVILLAS, LOS HIDALGOS, DUQUESA A superb top floor apartment with a huge roof terrace enjoying panoramic sea views, ideally situated close to the marina and golf of La Duquesa.

Good access to the beach and nearby shops and restaurants the property is bright and spacious, beautifully presented with a high quality finish and includes an underground parking space and storeroom. Viewing recommended.

• 75m2 BUILT • 136m2 PLOT

170,000€

For more information contact: natasha@castlesestateagency.com Tel: (+34) 952 891 221 Fax: (+34) 952 892 486 C/ Isaac Peral 4, 29692 Sabinillas, Manilva, Málaga www.castlesestateagency.com

BLUEPORT ALTEA TIMELESS VILLAS TAILORED TO YOUR WISHES

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Spanish home sales continue their upward trend with prices also showing signs of recovery

Home sales in Spain have recorded their highest figure for three years having increased by 15.8% in the first quarter of the year compared to the same period in 2015.

The data from the National Statistics Institute is further evidence that the housing market recovery remains underway after a stutter in January saw transactions fall 2.9% after 16 months in a row of growth.

It would appear that the recovery is being led by existing homes rather than new builds.

Sales of existing homes increased 21.4% year on year while sales of new homes fell by 0.2%.

The data also shows that in the first two months of 2016, home sales increased by 6% compared to the same period in 2015 and again this growth was led by existing homes which saw a rise of 13.7% compared to new home sales falling 15.5% in this period.

Andalucía saw the largest number of sales followed by Catalonia, Madrid and Valencia.

The lowest number of sales were recorded in La Rioja, Navarre and Cantabria.

In relative terms, all of Spain’s regions registered increases in home sales, except for La Rioja and Castilla y León with falls of 8.6% and 3.9%, respectively. The regions where housing transactions increased most were the Basque Country with growth of 50.3%, Asturias up 40% and Cantabria up 38.9%.

Meanwhile, data from the latest house price index from property portal Fotocasa shows that the price of existing homes increased by 0.5% in the first quarter of the year to an average of €1,627 per square meter.

This seems to confirm that the housing market recovery is now being seen in terms of price growth as it is the first quarterly rise for the first quarter of any year since 2007 when prices increased by 1.6%. On top of this a trend is emerging as the Fotocasa index also recorded quarterly price increases in the second and third quarters of 2015 of 1.1% and 0.7%, respectively.

The data also shows a year on year price rise of 0.6% for existing homes in March, the highest annual increase since October 2007, when prices rose by 1.2%. Again, a trend is emerging. Year on year prices increases were recorded in 2015 in July, October and November at 0.1%, 0.1% and 0.3% respectively.

Since the peak of the Spanish property market in April 2007 when prices averaged €2,952 per square meter, they have fallen by 44.9% so there is some way to go before values catch up but the initial signs of improvement are there.

Quarter on quarter the picture is also positive with eight regions seeing increased prices compared to the last quarter of 2015. This was led by the Canary Islands with growth of 6.3%, the Balearic Islands up 2.2%, Valencia up 1.4%, Andalucía up 1.2%, Madrid up 1%, Catalonia up 0.9%, Navarre up 0.2% and Cantabria up 0.1%.

The most expensive house prices are in the Basque Country at €2,736 per square meter, followed by Madrid at €2,225 and Catalonia at €2,064. The most affordable region is Castilla-La Mancha at €1,050 per square meter, Extremadura at €1,088 and Murcia at €1,143.

Article provided courtesy of Property Wire – The premier global property news service

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