Property www.theolivepress.es
olive press
www.theolivepress.es
January 2018
Issue 18
Picture13 this
January 31st - February 13th 2018
Spain’s most ‘instagrammable’ property revealed, plus we take a look at the most photofriendly homes up for grabs in Andalucia
SEE PAGE VI >>
Bottoms up!
MALAGA’S Victoria beer factory has been nominated for Building of the Year 2018. The 100-year-old brewery was recently renovated by local architect firm GANA. The awards are handed out every year by Archdaily, the world’s most visited architectural website. The winners in each category will be chosen by Archdaily’s registered users. Winners will be announced in the first week of February.
SOLDIER ON C OURTS in Spain have vowed to speed up mortgage floor clause claims for 2018. It comes after 165,000 suits were submitted last year, but only 3% (5,000) were dealt with in court. The severe delays are the result of a government decision to only allow 54 purposefully built courts to deal with all mortgage floor clause cases, causing a ‘judicial bottleneck’ that leaves
Fight for justice on mortgage floor clauses to get easier this year people waiting years before being repaid what they owed for overpaying their mortgage. But Spain’s General Judicial Council has announced an additional court covering cases in the Canary Islands
and Fuerteventura, as well as increasing the amount of judges to 50 and hiring more civil servants to help process the lawsuits. Lenders are purposefully not helping the cause, having rejected some 650,000 clients who attempted
to claim directly with their banks. Some reports claim they are proposing token funds, or offering to cancel abusive clauses by private agreement and replace them with high-fixed interest rates which are just as bad as the floor clause rate. Spain’s General Council is now calling for the special courts to be scrapped, arguing for a ‘more effective’ plan to avoid the ‘total collapse’ of the Spanish judicial system.
Victory bonanza
ANOTHER five Irish investors have won their deposits back via the Spanish courts. All of them had invested in off-plan developments that never got built. The judgement is one of over 200 won by Reclaim in Spain and the lawyer Martin de la Herran, of Abolex, over the last two years. “Martin is confident of all cases being successful - he will not take a case to court unless he is 99% certain of winning,” victim Ollie Reel told the Olive Press. “The claim is against the banks (not the developer/agent) and people just have to provide the correct evidence to make a successful claim.” In the latest case, each of the claimants got their deposits back plus 29% interest. “We expect many more victories this year,” added Reel, from Armagh, in Northern Ireland.
Buying or selling?
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Property
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HOME SALES IN ANDALUCIA Q3 2017
Foreign buyers dominate home sales in Malaga The latest figures show foreign buyers made up 14% of the market in Andalucia in Q3 of 2017. In Malaga province, the figure was more than double at 30%. Of the 7,638 properties bought in Malaga, some 2,262 were purchased by foreign buyers, the majority being British.
Agencies need more regulation, writes Mark Stucklin
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RIPPLE of alarm is running through Spain’s property sector over the return of cowboy realtors. The reappearance of these opportunists keen to ride the crest of the new buying wave is worrying some of the most established names in the business. They’re concerned that it could have a negative effect on the sector’s reputation which has cost so much to rebuild in an industry that is permanently under the spotlight. You only need to look back a decade or so, when it was fashionable to be a developer or estate agent with no experience, to understand the concern among the companies with more experience. This includes those who have sat out the crisis and the new arrivals who have helped to relaunch the market (for example Aedas Homes). The risk of the arrival of newbie companies pursuing easy money is one of challenges to be met in the new property market cycle. It was precisely the ‘chiringuitos’ (beach bars) – the term used at the time (a decade ago) to describe the amateurs in the property sector – who helped inflate the bubble and damage the industry’s reputa-
January 31st2018 - February 13th 2018 January
Cowboy concerns
tion through malpractice. New en- gain the high profile they had in the trants in property development were past. helped along by easy bank loans for “We aren’t aware of this phenomenon at the moment,” he adds, “but dubious housing schemes. “The economic context allowed peo- we’re not ruling out the occasional ple with no training or experience in incident.” He believes that the sector itself enthe sector to become part of it with sures there aren’t the sole objective of many of these making easy money on Many of the new agents, since it an all-or-nothing basis,” badly affects the says Daniel Cuervo, entrants lack serious and reGeneral Secretary of professionalism sponsible compathe Spanish Property Developer and Conand are chasing nies. “Suppliers and structor Association easy money partners who (APCE). These pseudonurture non-proprofessional operations fessionals will tar were the first to disappear during the property crisis. themselves with the same brush Banks nowadays are more cautious and find it difficult to work with proand don’t give loans to just anyone. fessional companies,” he says. This means the development sector His words are, for the time being, is more protected from opportunists, backed up by the facts. According according to Cuervo. to the national business registry “The loan market requires a signifi- compiled by the Spanish Institute of cant injection of capital, such as hav- Statistics (INE), in 2017 there were ing the land paid for as well as the 67,812 companies involved in sellproject and licence costs. You also ing property, the lowest figure since need to show a track record of abil- the registry started in 2008 with ity, know-how and professionalism,” 106,375 on its books. Since then, he explains, adding that “it would be the number has not stopped falling. very difficult for non-professionals to But if the property development
business is protected from cowboy operations by financing considerations, the estate agency business is not. Anyone can set up as an estate agent in Spain, and the barriers to entry are low, which helps explain why the number of companies in the sector has risen from 149,000 in 2015 to 169,000 today, according to figures from the INE. Industry insiders fear that many of the new entrants lack professionalism, are chasing easy money and could end up damaging the industry’s reputation, just like they did in the past. “It seems that the real estate agency business has no restrictions and anyone can work in it,” one unhappy client told the Olive Press. “In my case I got the impression that they just want to close sales any way they can, and collect their commission, without taking care of the client.” Some industry insiders are calling on the Spanish Government to regulate the business and make it difficult for cowboy operations to take advantage of the recovery and damage the industry’s reputation again.
www.spanishpropertyinsight. com
Property
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Fashion funds
AMANCIO Ortega has injected €100 million into his Spanish real estate business Pontegadea España. It comes after the billionaire created the new subsidiary for Spanish properties in November. The new business will focus on properties in Spain and currently has holdings worth more than €1.6 billion, including Madrid’s Torre Cepsa tower designed by British architect Norman Foster. The Zara founder’s property corporation Pontegadea Inmobiliaria already has separate companies in the US, France, UK and Korea, which are dedicated to managing the property business in each country and has holdings worth €6.7 billion.
January January 31st - February 13th 2018 2018
RICHARD Branson’s long planned eco-hotel has come one step nearer to reality. A Mallorca mayor has publicly backed the scheme, insisting it would bring jobs to the quiet town in the Serra de Tramuntana mountains. The project, first conceived in the early 2000s, aims to be ‘the best eco resort in Europe’. It would see the historic Son Bunyola estate turned into a luxury environmentally-friendly resort. Although many locals were behind the original project and the jobs it would have created, after a lengthy battle the local town hall in Banyalbufar refused the building permits.
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Green light The Virgin boss currently has three properties in Mallorca, all of which have been moderately restored while keeping the historic value intact, winning favour among locals. The Son Bunyola estate was sold after the original project fell through but it was recently re-bought by the billionaire entrepreneur. The property, encompassing three villas, is vast and contains a third of the town’s open land. The Council of Mallorca will have the final say on the project.
Lotta sterling
England ace Raheem Sterling netting a mega bucks purchase on the Costa del Sol
W
ONDER kid Raheem Sterling is investing big bucks into a new home on the Costa del Sol. The Manchester City star is celebrating his stunning form by forking out more than €5 million on a palatial Marbella pad. The holiday hotspot is said to be a favourite for the forward, who signed with City for £49m from Liverpool and earns around £200,000-a-week. The 23-year-old has been repeatedly seen jumping on an EasyJet flight to Malaga during his time off from fighting it out for the Premier League. The youngster and his wife Paige Milian already have a huge £3m mansion in the Cheshire countryside but are keen to add the Spanish pad to their property empire.
SUN IS SHINING: On Spain’s British property market
Sunny forecast
A PLACE in the Sun has forecast a rosey outlook for Spain’s property market this year. It comes after 2017 saw a much betterthan-expected bump in enquirires from Brits looking to buy in Spain, despite the ongoing Brexit fallout. And Spain has continued to be the hot favourite, receiving far more enquiries and with Brits remaining the bigget buyers.
Adventurous
GEM: Raheem’s home
The luxury villa in Marbella is located just 100m from the beach between Puerto Banus and San Pedro de Alcantara. Costing a cool €5 million, the description says it 'represents a unique opportunity to experience the Marbella lifestyle'.
“We British are an adventurous, acquisitive bunch who love property and 2018 will see a sizable number of people move forward with plans to buy their place in the sun”, says Andy Bridge, Managing Director of A Place in the Sun. “Each year throws up issues that impact the number of buyers – the value of the pound, Brexit worries, the wider economy – but inevitably we don’t want to be put off”.
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Property
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January 31st2018 - February 13th 2018 January
Don’t get bitter, get Bitcoin
YOU can now buy property with Bitcoin on the Costa del Sol. It comes after Drumelia Real Estate listed a property which can be bought with the cryptocurrency. The property is worth €2.49 million - around 183 bitcoins - and sits in popular La Alqueria, in Benahavis. Drumelia Real Estate director Sergey Sinichkin said: “Those who accept the payment of a property in bitcoins are investors in cryptocurrencies. “They trust bitcoin will be consolidated and that it’s a safe payment method. “Actually, in practice, it’s like any other currency.”
Five-star frenzy CASH INJECTION: Upgrades for Calle Ancha (above) and Plaza del Santo Cristo (right)
MARBELLA’S count of new luxury hotel openings has risen to FIVE. One group of British and Swiss investors are sinking €15 million into four developments in the historic Old Town. The Rhone Property group has snapped up some of the old quarter’s most picturesque properties to restore as five-star hotels. One will see a 16th Century mansion in Calle Ancha transformed into the Maison Ardois boutique hotel. A four-storey Plaza del Santo Cristo house and the former Dr Maiz Vinals’
Millions being ploughed into luxury Marbella hotels by foreign investors
home in Plaza Puente de Ronda will also receive the hotel upgrade. A fourth project - Hotel Castillo - will be built inside the old castle walls. Together the new hotels will offer 50 rooms to 105 guests, with the Calle Ancha and Plaza de Santo Cristo buildings nearing completion next
month. Meanwhile, the March opening of the five-star Nobu Hotel in Marbella and signature Nobu Restaurant, reported in our last issue, brings the number of new five-star establishments coming online in the town to five. Rhône Property boss Miguel Cerván said: “The investors who come to Marbella are looking for something special. They are aware that tourists’ tastes are changing. They wanted places which would enable clients to discover the real Marbella, the traditional, typical town which few people really know.”
Property
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GOLDEN MILE
Ref: OP9902
Beachside penthouse with sea views in Puente Romano!
NUEVA ANDALUCÍA
Wonderful 4-bedroom, second line beach duplex penthouse in the much sought-after, fully gated complex of Marina Puente Romano. Only a few steps to the sea. It must be viewed to be appreciated!
NUEVA ANDALUCÍA
Ref: OP7261
3-bedroom ground-floor corner apartment with private garden in a gated complex, just a few minutes’ walk to the beach and Puerto Banús.
GOLDEN MILE
January January 31st - February 13th 2018 2018
Built: 137 m² Terraces: 45 m² Price: € 495,000
Charming 4-bedroom villa distributed on two levels. Located in La Carolina, walking distance to the beach and all amenities.
Built: 344 m² Plot: 1,052 m² Price: € 1,295,000
Ref: OP9830
5-bedroom villa next to Centro Plaza, close to all amenities and walking distance to Puerto Banús. Sea views, guest apartment and 2-car garage.
GOLDEN MILE
Ref: OP9735
Built: 217 m² Terraces: 76 m² Price: € 3,450,000
Built: 327 m² Plot: 812 m² Price: € 1,150,000
Ref: OP8122
3-bedroom apartment in La Trinidad. 24-hour security, within a very short distance to the beach and the famous 5-star Hotel Puente Romano.
Built: 198 m² Terrace: 33 m² Price: € 1,345,000
Offices at the Puente Romano Hotel & opposite the Marbella Club Hotel Tel. (+34) 952 863 750 info@panorama.es www.panorama.es An International Associate of Savills
Regulated by RICS
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Property
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January 31st2018 - February 13th 2018 January
Snappy happy
Andalucia’s most ‘instagrammable’ properties
A
SPANISH villa has been labelled one of the ‘most Instagrammable’ luxury pads in the world. Luxury tour operator Abercrombie & Kent Villas announced its Black Collection 2018 this week, a selection of 40 stunning villas chosen by a panel of experts based on location, décor, popularity with guests and ‘Instagrammableness’. The Mallorca villa (left) comes complete with a pebbled beach and is built on a 275-hectare private estate on the northwest coast of the island. The property’s name - Se Terra Rotja - translates as ‘red earth’, with the villa capped with terracotta tiles and constructed with red-tinged stone and mortar. Priced from £2026 (€2305) per person per week, the villa sleeps eight people across its four ensuite bedrooms. Below we have rounded up some of Andalucia’s ‘most instagrammable’ villas.
ANUNCIO OLIVE PRESS ENERO 18 OK.pdf
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3.850.000 €
Looking for Design Inspiration?
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Benahavis beauty
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This stunning four-bed is one to get the camera snapping. Set in the exclusive El Madroñal estate and with views of Africa, this 2,600m2 property comes with a separate apartment ideal for guests or live-in helper. Built to the highest specifications, this ecofriendly property has everything to provide the most comfortable life, including its iridescent mosaic tiled, salt water infinity pool (11 m) with pre-installation for heat pump, landscape gardens and the large terrace area that curves around the back of the house allowing views of the whole property.
The leading home decoration magazine for homeowners with style… Tel. (+34) 951 38 38 97 | info@homeandlifestyle.es | www.homeandlifestyle.es
www.spanishestateagent.com Continues on next page
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January January 31st - February 13th 2018 2018
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Property
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January 31st2018 - February 13th 2018 January
€29,000,000 €6,500,000
Soto mansion
Zagaleta belter From previous page
This unbelievable property is the stuff of Instagram dreams, but you’ll have to get saving to meet its whopping €29,000,000 price tag. Constructed over three levels plus an enormous sub basement area, this superb property offers everything you could possibly wish for. With south facing panoramic views over the enormous 6900m2 completely flat plot, to the Mediterranean sea and beyond. The villa has a large office, library complete with private lounge, and a gym area. The guest accommodation here is an open plan studio style, with a fully fitted kitchen, bedroom, bathrooms and dressing room, and although this area is fully integrated into the overall structure of the house, it is completely independent and is ideal for guests wishing to have their own privacy. Here you also find the staff accommodation comprising of a
shared kitchen, living room, two bedrooms en suite and walk in wardrobes. The entire ground level has been primarily designed for your entertainment, offering a spacious lobby with central bar and is ideal for parties or receptions, a wine cellar, billiard room, home theater, double bowling alley and a golf simulator. Also at this level is a fabulous spa, with a saltwater swimming pool and various saunas - a classic sauna, steam bath, salt bath, coldarium, all with access to a large covered terrace, jacuzzi and a separate bar. A simply stunning property, completely unique to this stunning part of the world. With two gated and fully guarded entrances the estate has 24 hour high level armed security.
This fabulous and impressive project set in a breathtaking, private location, will be built to the highest of standards. Using all natural materials, hand crafted carpentry and large natural stone slabs. With full home automation, under floor heating, air conditioning and integrated security systems this property will be delivered fully furnished as shown, with an indoor swimming pool and spa, gymnasium, cinema room, bodega, 6 car garage, paddle tennis and tennis court and jogging track. It comes complete with drawing room, dinning room, family kitchen, catering kitchen, TV family room, a gentleman’s study, 6 bedroom suites, a 2 bedroom guest/staff apartment and a further staff apartment.
www.holmesotogrande.com Reference HSN2-1146 Price Bedrooms 9 Baths 9
www.propertyoverseasgroup.com Reference: R2630780
€220,000
Malaga chic
This cute apartment is just a stone’s throw away from Museo Thyssen, Plaza de la Constitución and Calle Larios - a wonderful carfree environment full of small shops, restaurants and bars, but yet with complete peace on its own street. The project consists of a restoration of an old magazine headquarters that will turn into a total of 11 apartments in modern, urban, industrial style with 4 metre-high ceilings.
www.maklarringen.se Reference CNON126 From Bedrooms 1-2
Property
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January January 31st - February 13th 2018 2018
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www.laherradurahomes.com
Visit o u SHOW r FLAT on sit e 35 recently finished townhouses with 2, 3 and 4 bedrooms all with big terraces, sea views, garage, storage and community pool within a short walk to the beach and amenities from 265,000â‚Ź
Call our on site sales office on 652 736 253 or email us at costadelsol@maklarringen.se Bought to you exclusively by
Maklarringen is a Swedish real estate agency with 70 offices in Sweden and a long presence in Spain and on the whole Costa del Sol.
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Property of the Week
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Property
January 31st2018 - February 13th 2018 January
castle building
Two historic sites are getting the VIP treatment to help attract more tourists
Teba Castle
Villanueva deRute Algaidas - Málaga CJ408 149.950 € Cordoba, - TH3555 42.500€ Beautiful in large open Amazing 2 bedtownhouse property with stunning counarea where parking is easy. Ground floor tryside views from every angle with great has living dining access to theroom, property androom, only a bedroom, short drive kitchen, large bathroom, patio, with to local amenities. Established gardens and private with fruitfireplace trees. Swimming pook,terrace patio and BBQ great views. On the first floor there private area. Great lovely rural property! are three bedrooms. A must see!
tel: +34 952 74 15 25
tel: +34 952 741 525
Calle de la Villa 14, 29532 Calle de la Villa 14, 29532, Molina, Malaga Mollina, Malaga info@inlandandalucia.com www.inlandandalucia.com info@inlandandalucia.com www.inlandandalucia.com
S
IR Robert the Bruce’s disembodied heart was nearly lost during a battle at this castle in 1329 when the man carrying it in a silver casket was killed. Sir James Douglas, the late King of Scots’ lieutenant, was fulfilling a deathbed promise to take the heart to the Holy Land when the Teba battle cut short his crusade.
Cash
While Douglas and his king’s heart were both returned to Scotland, Teba castle remains a memorial to the monarch 700 years on. And soon the ancient fortress will stand taller after receiving a €2 million cash injection to turn it into a major tourist attraction. The 12th centrury structure has witnessed many a battle between Moors and Christians, down the centuries yet remains practically unaltered, making it one of the best preserved castles in Andalucia. The Junta is now investing millions into converting the 25,000 m2 site into a major tourist draw, in three phases: restoration of the walls to enclose the castle completely; construction of a vistors’ centre in the Torre del Homenaje tower, and a PR campaign to attract them; and a final upgrade with green areas and pathways inside the castle itself.
UPGRADE: For magnificent inland Malaga castle
Torremolinos tower
T SYMBOLIC: Torremolinos tower has seen many battles
HE 14th century watchtower known as Torre Pimentel will be transformed into a cultural space after a six-figure facelift. The 700-year-old ruin backing the church of San Miguel will receive €158,647 from Madrid and a total of €225,000 to stop deterioration of the protected building which is listed for its special cultural interest. Standing 18-metres tall, in its heydey the keepers of the tower were responsible for monitoring the coast and looking out for potential invaders. Now the strategic outpost will see its walls and rooms restored and a lookout platform added. Neighbouring properties will also be spruced up to give a better impression of the area. Signs that currently block the view of the tower will also be taken down. Malaga town hall plans to use the tower to host different culture events once the upgrade is complete.
Property
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January January 31st - February 13th 2018 2018
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Villas & Fincas | Casares Property Agent Ctra. de Casares s/n, 29690 Casares Malaga SPAIN Phone: + 34 952 895 139 Mobile: +34 636 546 796 E-mail: info@villasfincas.com
Villas & Fincas is urgently looking for Quality Properties for clients Country Villas, Beach Villas, Equestrians, Vineyards, Olive Farms, Cortijo´s in the area of Casares, Estepona, inland Sotogrande, Gaucin, Ronda, Jimena, El Cuarton, Tarifa, Vejer de la Frontera, Caños de Meca, Atlanterra, Zahara de los Atunes, or large cortijo´s inland Andalusia
GAUCIN – 1.650.000 € Ref. Nr. 186-2749P COUNTRY VILLA NEAR CASARES AND GAUCIN WITH PANORAMICAL VIEWS, IDEAL FOR HORSES
Ref. Nr. 186-00633P CASARES –595.000 € COUNTRY VILLA IN CASARES WIT STUNNING SEA AND MOUNTAIN VIEWS
Bedrooms: m² Built: Garden: Garage:
Bedrooms: m² Built: Garden: m² Terrace:
5 499m² Private Private
Bathrooms: m² Plot: Pool: m² Terrace:
5 25.000 Private 123
4 246m² Yes 35
Bathrooms: 3 m² Plot: 10.050 Pool: Yes
Ref. Nr. 186-00259P
Ref. Nr. 186-00085P GAUCIN – 1.495.000 € COUNTRY VILLA NEAR GAUCIN WITH VIEWS TO AFRICA Bedrooms: m² Built: Garden: Garage:
5 924m² Private Private
Bathrooms: 6 Plot: 27 Ha Pool: Private
www.villasfincas.com
RONDA – 1.250.000 € LUXURY MODERN COUNTRY HOUSE, CORTIJO FOR SALE, RONDA CASARES Bedrooms: –5 675.000 € Bathrooms: 5 OLD OLIVE 573m² MILL NEARm²CASARES m² Built: Plot: 25.000 Garden: Bedrooms: Garage: m² Built:
Private 4 Carport 325m²
Garden: Garage:
Private Private
Pool: Bathrooms: m² Plot: Pool:
FOLLOW US ON:
Private 2 12.130 Private
Ref. Nr. 186-00234P
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Property www.theolivepress.es
In our new section private individuals get a chance to market their properties direct to over 100,000 readers. Contact us for more details 951 27 35 75
Private house sales
January 31st2018 - February 13th 2018 January
INLAND GEMS
F
INDING the perfect rural retreat requires vision and planning, and you need both to hunt down the best gems out there. While there are plenty of good agents to help in your search, there are also a fair few cowboys… and all the more so when your dream home is deep inland. The Olive Press launched in deepest rural Andalucia a decade ago and still distributes in every village from the mountains of Cadiz to the extreme Orient of Granada. We know the inland areas better than any other publication by miles and to help connect sellers to the huge army of potential buyers out there, we have launched a new section.
Wonderful
Here, we kick off with two wonderful country properties that combine the best bits of living in rural Spain without compromising on space or features. Deep in the soaring Alpujarras mountains, between Almeria and Granada, is Mark Cavell’s sun-baked house in Yegen - with a roof terrace to follow the sun’s path. As a retired Sussex Police counterterrorism officer you know when you buy this property that it has been in safe hands. “We spent quite a bit of money doing it
INCREDIBLE: View from Mark’s terrace and home (right) while (below) Casita Tranquila is a real bargain up,” he tells the Olive Press after buying it in 2012 with his wife of 33-years, Ana. With its four double bedrooms, it makes the perfect retreat for stressed out northern Europeans sizing up retirement or eyeing up a holiday home. “The village is 95% Spanish, so it’s very traditional and away from the hurly burly of other expats,” he said. For something a bit closer to the Costa del Sol and just 30 minutes from Malaga airport you might want to consider your own piece of history with Rosemary and Spencer’s finca, near Pizarra. According to local legend, their tiny hamlet of Gibralgalia was taken over by Franco during the Spanish Civil War in the 1930s to serve his Nationalist soldiers. After the war it inherited the nickname, the ‘Abandoned Village’ when the soldiers and all other locals had long
vanished. “We’ve had our children and grandchildren here over the years,” Rosemary told the Olive Press, who found a pair of green army goggles in her back garden. It’s certainly a stunning spot and is the archetypal Andalucian farmhouse, boasting all its original woodwork, including doors with stained glass windows. With five bedrooms, three bathrooms, as well as a jacuzzi, pool and even pizza oven - all ages are taken care of. “We love the quiet nature of it,” she says and with a name like Casita Tranquila, the finca makes for the perfect retreat with Pizarra and Coin serving all your local shopping needs. See adverts information
CASITA TRANQUILA
QUICK SALE NEEDED JUST 230,000 euros
Beautiful restored finca, just 30 minutes inland from Malaga. 30mins from El Chorro and 90 mins to the ski slopes. Set in an acre of hillside, the property is well-fenced with beautiful far reaching views of mountains and sea. The house retains the original wooden beams, handmade doors with stained glass panels, original style wooden shutters. A bread oven cooks pizzas. It has 5 bedrooms, 3 bathrooms, sitting room, dining room, kitchen and breakfast room, plus a study. The house has a glass curtained conservatory, patio area and pool. Pool and hot water
by solar. Outside is a utility room, barbecue and outside dining area with a jacuzzi. There is a double garage, workshop and kennels, plus a greenhouse and vegetable garden. Mains electricity, well water. Council tax only 300 euros year. All high quality handmade furniture, fixtures and fittings available at a very low price. URGENT NEED TO SELL, SO WILL CONSIDER PART EXCHANGE FOR SMALLER PROPERTY IN SPAIN OR UK, SMALL MOTOR HOME, ETC
VIEWINGS BETWEEN FEBRUARY 1 AND 24. rosemaryandspencer@themitchellfamily.co.uk or call 00447768100374
below
for
more
Amazing opportunity
Stunning country home for sale with amazing views Sold directly from the owner, it comprises two adjoining townhouses interlinked on the edge of the small village of Yegen, in The Alpujarras, south of Granada. 4 double bedrooms including 1 master bedroom with en-suite (full size bath) and walk-in wardrobe. 2 further bathrooms with showers. Large Lounge, Large Dining Room, Large Kitchen fully equipped and a dispensa next to it for storage. Small covered terrace and a large roof terrace with panoramic views. The village of Yegen has a small supermarket, 4 bars and a Hotel/Restaurant. 20 minutes away is the small towns of Cadiar and Ugijar where all provisions can be obtained. Public pool 5 minutes drive (open July & August) and two other hostels/bars nearby with a pool for extended summer period.
Price: 150,000 euros ONO Contact details Mark and Anna Cavell Tel 958957074 Mob 646010049
www.theolivepress.es
January 31st - February 13th 2018
Established in 2006 we specialise in inland property with an extensive portfolio of white village and country homes. Ronda Properties Estate Agent Inland Andalusia, c/San José, 1 29400, Ronda, Malaga, Spain
Tel: (+34) 952 187 313 Mob: (+34) 608 765 990 Email: info@rondaproperties.com www.rondaproperties.com
Country House
Cortijo
Splendid country house with pool. Comprising sitting-room with dining area and feature fireplace, large breakfast kitchen, 3 bedrooms & 2 large bathrooms. Country views.
Magnificent traditional Cortijo former home to Spanish nobility. Long driveway, 7 bedrooms, 5 bathrooms, 2 reception rooms, large breakfast kitchen, pantry, dining area, pool and gardens.
Bedrooms: 3 Bathrooms: 2
Build: 185m2 Plot: 6500m2
Bedrooms: 7 Bathrooms: 5
Build: 911m2 Plot: 35000m2
Ref: 82305
€350,000
Ref: 85345
€595,000
Luxury Villa
FincA/apartments
Recently reduced - a beautiful property with much attention to detail. 5 bedrooms 4 bathrooms, sitting room diner, English style breakfast kitchen, underfloor heating and pool.
Finca with 3 high standard apartments 5 bedrooms, 5 bathrooms, large mezzanine, spacious fitted kitchen, laundry, oak parquet floors, pool and 3239 hectares of land.
Bedrooms: 5 Bathrooms: 4
Build: 238m2 Plot: 44000m2
Bedrooms: 5 Bathrooms: 5
Build: 508m2 Plot: 3239Hm2
Ref: 83848
€499,000
Ref: 84998
€550,000
Inmobiliaria - Real Estate
La Serranía Services
tel: (+34) 952 187 313 movil: (+34) 608 765 990 www.laserraniaservices.com
Welcome to Serrania Services, Ronda Estate Agents, we are inland property specialists in the Serrania de Ronda, Andalusia. We have properties for sale and to rent in Ronda and the famous White Villages, Pueblos Blancos of the Serrania de Ronda.
Restored Village House
Townhouse Furnished
4 Bed Chalet with pool
Located in the village of Arriate, renovated to a good standard, completely re-decorated inside and out and priced to sell. Includes all the furniture. 2 double bedrooms, 2 bathrooms, sitting-room with wood-burning stove. Front terrace with pleasant, open views.
Furnished Townhouse located near to the sought after village of Montejaque. The properties comprise sitting-room diner with wood-burning stove, French windows, large patio with beautiful views. 2 bedrooms, large bathroom and community pool.
Recently built to a high standard and located in a sought after area. 4 large bedrooms and 2 spacious bathrooms, cloakroom, fitted kitchen-diner, 10m2 storage area, parking space and pool. Double glazing, mains gas central heating, air conditioning.
Bedrooms: 2 Bathrooms: 2
Build: 108m2
Bedrooms: 2 Bathrooms: 1
Build: 70m2
Bedrooms: 4 Bathrooms: 2
Build: 150m2 Plot: 344m2
Ref: 99584
€69,000
Ref: 101141
€89,000
Ref: 101042
€257,000
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84.950 €
Villanueva de Algaidas – Málaga TH3658
3 bed, 2 bath charming townhouse. Gated entrance that opens to a pretty patio area. Ideally for a family home in the center of town.
129.950 €
Antequera – Málaga
Castillo de Locubin- Jaén
TH3465
Spacious large 3 bed townhouse surrounded by beautiful countryside with stunning views and close to all local amenities. Patio plus pool. Lovely property well worth viewing!
28.000 €
La Rabita – Jaen
TH3647
129.995 €
64.000 €
Humilladero – Málaga
TH3523
145.000 € Villanueva de Algaidas – Málaga
CJ354
24.995 €
Baena – Córdoba
TH3564
139.995 €
VL825
One bedroon property recently reformed keeping lots of character. It has a good sized patio with BBQ. Near to amenities and public transport. Must be seen!
This charming 3 bed double fronted property is close to all the amenities of this bustling town. 153m2. Must be seen!
This lovely 2 bed Properties is waiting to be lived in. Is perfect for both a holiday home or used permanently as you have all amenities close. Bargain!
VL826
Spacious large 3 bed townhouse surrounded by beautiful countryside with stunning views and close to all local amenities. Patio plus pool. Lovely property well worth viewing!
This large 4 bed country style property has been tastefully reformed and constantly maintained and is sold part furnished. Swimming pool and BBQ.
Zagra-Granada
This fabulous 4 bed villa is surrounded by olive groves with spectacular 360 degree views of the countryside. 3.484m2 plot. Tastefully decorated. Fully fitted English style kitchen.
Malaga Office
Jaen Office
Calle de la Villa 14, 29532 Molina, Malaga
Calle Abad Moya 4b, 23680 Alcala la Real, Jaen
info@inlandandalucia.com
contact@inlandandalucia.com
952 74 15 25
953 58 70 40
Property
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January January 31st - February 13th 2018 2018
XV 27
More and more buyers are looking inland, says agent Richard Woodland, from Property Overseas
CHANGE: In inheritance tax laws
January jackpot FAMILIES have hit the jackpot thanks to a change to Andalucia’s inheritance tax laws. Now anyone inheriting a property in the region worth €1 million or under will pay NO inheritance tax. The good news comes after the Junta officially raised the tax threshold this January 1. Previously, the ceiling for inheritance tax stood at €250,000, meaning practically anyone inheriting property would get a demand from Hacienda. The region of Murcia is another area where the tax on property inheritance has almost been eliminated in 2018. There has been a reduction of 99% of the final tax quote to pay for both inheritance and donation tax.
I
NLAND doesn’t necessarily mean provincial, insists Guadalhorce Valley housing specialist Richard Woodland. Indeed, half the homes his agency Property Overseas Group have on their books are less than 30 minutes from the coast… and of equal distance from Malaga airport.
Idyllic
He told the Olive Press that increasing numbers of European homebuyers have been opting for the idyllic life inland, as opposed to the congestion on the coast. “There’s a big demand for inland property, especially country fincas, as buyers are looking for affordable properties with a different, more Spanish lifestyle away from the coast,” he explains. In particular he has seen a big rush from buyers in the
Making iNroads SUCCESS: For Richard
Netherlands, Belgium and Scandinavia over the last year. And while Brexit uncertainty has meant some Brits have packed up and headed home, most have stayed where they are.
“I expect the market to continue a steady and gradual growth in 2018, and there’s early evidence that it’s gaining momentum at a sustainable rate,” he said. But make sure that you don’t get left behind as many properties are getting picked off the shelf. “Fewer country properties will become available for sale, so now’s a good time to buy,” he warns, adding that he expects prices to rise in 2018. Visit Richard’s office in Coin, opposite La Trocha or contact him at www.propertyoverseasgroup.com or on 952 814 780.
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