Property Magazine issue 266

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VISITORS: Cruise, Nicholson and Pfeiffer all stayed here

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Introducing our new Mallorca property magazine...

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How to live like a Hollywood legend... you’ll need a few million to start with

CAPTiON

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New 2017 quality homes 11 since 1958

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Malaga market booming with 100 properties sold per day, as Spain sees growth of 27%

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ROPERTY sales in Malaga ince are at their highest provsince 2008. An incredible 2,925 properties were sold in March, which is nearly 100

Hot island per day.

soared at 121% over 2016’s equivalent

The increase of 37% on last year, was only beaten by the number between January and of new builds March, which

last year’s rate, while the properties sold in Spain total amount of rose by 26.9%. A massive 40,461 homes across the country in March, were sold which is the highest amount since February 2011. Malaga’s College of Architects, which approves all new buildings, described the rise as ‘very positive.’ Last year saw more than double the amount of new homes given licences on the previous year in Malaga, which is home to the key markets of Marbella, Benahavis and Mijas.

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New quality home s since 1958

Online from Friday

How to live like a Hollywood legend... oh, you’ll need a few million to start with

period. The Andalucia region has excellent growth with salesalso registered at 28% above

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Are you a winner? In Property Monopoly Page VI

Where Di and Audrey stayed History hotels

pa see ge 3

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ROPERTY sales in Malaga province are at their highest since 2008. An incredible 2,925 properties were sold in March, which is nearly 100 per day. The increase of 37% on last year, was only beaten by the number of new builds between January and March, which soared at 121% over 2016’s equivalent period. The Andalucia region has also registered excellent growth with sales at 28% above

Hot 100

last year’s rate, while the total amount of properties sold in Spain rose by 26.9%. A massive 40,461 homes were sold across the country in March, which is the

highest amount since February 2011. Malaga’s College of Architects, which approves all new buildings, described the rise as ‘very positive.’

Malaga market booming with around 100 homes sold per day, while Spain sees growth of 27% Last year saw more than double the amount of new homes given licences on the previous year in Malaga, which is home to the key markets of Marbella, Benahavis and Mijas.

You can live like a king

Dream estate for sale page x

It’s all on the walls! Spain’s best murals page xIV

PROPERTIES SELLING FAST AT THE SPANISH ESTATE AGENT ! Thinking of selling? Get in touch with The Spanish Estate Agent – the fastest growing agency on the Costa del Sol

Phone us now on +34 951 516 905 Come and meet our motivated and professional consultants at Avenida Espana 250, Estepona 29680. Or visit our website at www.thespanishestateagent.com Email info@thespanishestateagent.com

It’s your move!


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Showboating! HIS team has just come second in the English Premiership for the first time since 1963. So Tottenham Hotspur owner Joe Lewis has every right to be showboating around the Med in his 68-metre superyacht, Aviva. The €126 million stunner has been seen in Gibraltar and Malaga this month and is believed to be en route to the Balearic Islands.

From €50m...

... to €36.5m

Falling Down

Basic Instinct star slashes price of his Spanish mansion to €36.5 million

FOR MORE INFORMATION: www.marisisofia.wordpress.com PHONES: +34 653 919 246 and +49 151 53838122

HIDDEN: Unique estate of Michael Douglas (pictured with Catherine Zeta Jones) in Mallorca Amanda Butler, who is marketing the property. She added: “It is an amazing property in one of the most

beautiful parts of the island. I am sure there will be no problem in selling it now.” Basic Instinct star Douglas

Out of jail card

Zorro Sorrow

ANTONIO Banderas has pulled out of a cultural project he hoped would revolutionise the city centre of Malaga. The 56-year-old Hollywood star has withdrawn from the scheme at the site of the old Astoria and Victoria cinemas. It came after opposition councillors criticised the bidding process, which his team won, leading to allegations of irregularities and fraud on social media. “The chorus of voices against our project, inside and outside local politics, which didn’t just criticise it, but entered into sarcasm and nastiness, made me wonder if it was really worth risking so much,” said Banderas.

Finca crossed by a small brook Trees – Oak, Olive, Fig Fruit and vegetable garden Independent water (well) & Power-supply (fotovoltaic) Pool and big water tanks 350m2 country villa, 2 floors, 8 bedrooms, 2 bathrooms, spacious living room with fire place and hot-air heating

E-MAIL: marisisofia2.0@gmail.com

I

DREAM´S OVER: Banderas

Self-sufficient life in paradise-like nature. West Andalucia 10 hct.

Selling Price: 395.000E

EXCLUSIVE By Joe Duggan

T could probably best be termed a slasher! Michael Douglas’s palatial Mallorca mansion has come back on the market with a third snipped from the price. Originally on the market for €50 million, the mid-19th century villa - where the likes of Tom Cruise, Jack Nicholson and Michelle Pfeiffer have stayed - has now come down to €36.5 million. “The property was originally €50 million, so it’s now a very good price for the uniqueness of the property and position,” said MJC Associates director

FOR SALE

IT was perhaps only a matter of time. Disgraced political fraudster Juan Antonio Roca has been spotted enjoying a break from prison at his two Marbella properties. The convicted Marbella planning boss - who made millions from crooked real estate deals - was given a break from his 20-year sentence due to good behaviour. Neighbours in the Poseidon building, where he owns two apartments, said he was accompanied by his daughter Maria and kept ‘a very discreet profile’. He only left the building by car and went to houses of friends in Marbella. "He does not let himself be seen in the streets of Marbella," an unnamed source said. The former planning svengali - who has been involved in countless fraud cases - has had dozens of properties seized plus millions of euros of cars and other luxury items over recent years. However, prosecutors allowed him to keep the two properties in the Poseidon building (see below) valued at €727,000, for agreeing to plead guilty. Roca effectively ran Marbella town hall from his private offices for more than a decade, paying officials each time they voted to approve permits to build or provide municipal services.

has been a long-term homeowner on the island, snapping up the 247-acre estate for an undisclosed sum in 1989 with ex-wife Diandra Luker. As well as stunning gardens, the stylish pad holds a gymnasium, games room, jacuzzi, library and wine cellar and cinema. Nestled in the Unesco World Heritage-protected Tramuntana mountains, it boasts seven separate buildings, including five individual apartments with 10 bedrooms and two cottages. Its stunning setting, in 247 acres of rolling Valldemossa countryside, offers glorious vistas of the sea and surrounding countryside. Douglas, who scooped an Oscar for 1987 film Wall Street, used to tend to the vineyards on the property, which offers crystal-clear sea views of the Mediterranean. Douglas, who is married to British actress Catherine Zeta Jones, originally put it up for sale in 2015 but took it off the market last year. The property was built in 1867 by the Austrian Archduke Ludwig Salvator after he fell in love with Mallorca. Douglas’ films include Basic Instinct, Falling Down, Disclosure and Wall Street. Email Amanda at amanda. btlr@gmail.com for more information.


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NE of world’s biggest realtors has opened up shop on the Costa del Sol. Barnes International, whose 60 offices spread from London and Paris to the Americas, has opened a new base in exclusive Sotogrande. Director Philippe Pellegrino said: “Wherever we have a presence in the world we choose locations renowned for their exclusivity, elegance and quality. “Sotogrande’s reputation has extended beyond Spain’s borders thanks largely to the expansion of its impressive golf courses.” He also praised the peaceful quality of life which manages to attract expats from across the globe. “It’s a fact which is evident from the number of children attending

Bonjour Barnes May 24th - June 7th 7th 2017 May 24th - June 2017

Huge global agent lands in exclusive Costa del Sol resort of Sotogrande

the international school who represent no less than 35 different nationalities.” Barnes’ strategy for renting your home uses a unique software

PERFECT BASE: Barnes International has chosen Sotogrande

CAREFUL OF THE CLOWNS

Beware of property conman operating in Spain, warns leading analyst Mark Stucklin

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EPUTABLE local agents warn that a fraudster is offering bargain properties in Spain to trick the unsuspecting out of their deposits. The fraudster is offering ridiculously cheap property to trick victims into handing over deposits that will never be seen again. The fraudster is someone who used to work for a local real estate agent, then legged it to Thailand with the client database, and is now hammer-

ing the mailing list with astounding bargains that don’t exist. “So far we have found three clients who have paid him approximately €22,000 in deposits,” I am told. Once he has got his hands on the money, the fraudster no longer responds. An example of how he operates: He is hawking a villa for sale in Las Ramblas on the Costa Blanca – actual price €400,000 – as a bank repo with pool for just €99,995, which can be secured with a €10,000 deposit if you move fast and transfer him the money. Apparently the Police have been informed, and legal action is underway. As reputable local agents point out: ” If something

looks too good to be true, it probably is”. They also offer the following advice: 1. Ensure the agent has an established office 2. Check for AIPP membership 3. Do your research, if a property is at an unbelievable price, why is it still for sale? 4. Do your research on the agent The Spanish property market is plagued with incompetent clowns, cowboys, and crooks. Be careful who you deal with. www.spanishpropertyinsight.com

programme that can tap into 200 million potential candidates and short-term rental clients across the globe. “The main attraction for renters is golf, and Sotogrande is ideally placed to capture that market,” explains Pellegrino, “We only accept top quality properties and we work exclusively on behalf of their owners.” For those selling, the apporach is no less rigorous.

Safe

Following a solid valuation and the creation of a detailed marketing plan, the company will present your property to clients and investors via 80 of their worldwide branches, reaching more than 100,000 potential buyers. “And the majority of our clients are high net worth individuals who choose their destinations on the basis of proximity to the coast, plenty of sunshine and secure and safe locations,” adds Pellegrino. Contact Philippe Pellegrino on: 0034 747860304 or visit the website: w w w. b a r n e s - i n t e r n a t i o n a l . com


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34 9, 00 0€

Tel +34 952 816 250

LOFT- APARTMENT IN AGRUPADAS , NUEVA ANDALUCIA 3 Beds • 2 Baths • 105 Built m2 • Terrace 17m2 • REF 176-01359P

2,

09

5,

00

0€

A fully refurbished apartment with a separate Master suite upstairs. Large living and dining room with an open plan kitchen and direct access to a lovely south east oriented terrace with beautiful garden and pool views. Ideal location close to amenities and town but still quiet and peaceful. Tastefully decorated in a Scandinavian style with 3 bedrooms and 2 bathrooms plus cloakroom.

VILLA ON THE GOLDEN MILE, MARBELLA 5 Beds • 5 Bath • 467 Built m2 • 1.027 Plot t m2 • REF 176-01249P Beautiful villa project now finished on the Golden Mile, with high spec and contemporary design all according to the 1986 PGOU. The villa is within walking distance to the beach and promenade. All materials and fittings are of highest quality creating a luxury feel. Offered fully furnished.

Centro Comercial Plaza 63, 29660 Nueva Andalucia, Marbella Tel +34 952 816 250 • info@andadev.com • www.andadev.com


Roll the dice and Benahavis top the ranks. And while prices may not have advanced to Park Lane and Mayfair prices, Mar€524,000

Fuengirola station

Ronda

€668,000

Cadiz station Casares

€212,900

€220,000

€330,000

Jimena de la Frontera

Sanlucar, Cadiz

€89,500

€190,000

€880,800

Torre del Mar Sabinillas

€911,000

VelezMalaga

€212,000

Duquesa

Malaga station

Marbella

Nerja

€226,000

ion e g ay r e M om ds in thear in he o B buil on-y t in - ar% w n e ye 8.6 by o d for 7.2% d s i le y asee per Sa se b e r c m ro s in sa ce i r P

ing

Benahavis

Cordoba

€351,000

€468,000

Alhaurin el Grande Granada

€225,000

Sevilla station

€340,000

Los Remedios, Sevilla

€314,000

Antequera

od

lev e h a s d w l in and nedel So k Loo t of brCostay 69% ed to ct un he d b p e ye a r mo on t ase x a e e s re his Thement incr s a .5% t e p c o pri y 2 r ty ase b e p e Pr o incr

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Casco Antiguo, Sevilla

€460,000

Cazorla (Jaen)

€377,000

Carmona, Sevilla

Benalmadena Estepona

Our Monopoly board tracks Andalucia’s cheapest and most expensive markets. Unsurprisingly, luxury hotspots Marbella

bella is home to three of the country’s most expensive streets, with properties on Calle Alcala fetching a whopping €38,950 per m2. Benahavis, known as the town hall with no budget, sits at the top - with the average house price at €911,800 - thanks to the likes of Zagaleta, the luxurious urbanisation that is one of the most expensive postcodes in Spain. Sevilla follows and, as the capital

Mijas

See where’s hot and where’s not in Andalucia on our property monopoly board

€410,000

L

IKE the fast-moving family parlour game, Monopoly, Spain’s property market has been full of ups and downs. But a fresh surge in house prices could be its get-out-of-jail free card as the country’s economic recovery continues unabated. While Brexit threatened to put a spanner in the works, the market has been left largely unaffected as Swedes, Germans and even Spanish nationals have picked up the slack. Last year saw property prices increase by an average of 1.8% across the board. There was a 15% rise in purchases on the previous year, while 2016 finished with four consecutive quarters of growth.

of Andalucia, boasts some of the hottest properties in the region. If you’re looking for a bargain, Cadiz offers up plenty of properties under the €200,000 mark in stunning areas like Sanlucar and Jimena de la Frontera. On the Costa del Sol, resorts like Estepona, Benalmadena and Mijas are rising in popularity as Marbella and satellite towns like San Pedro begin to outprice the middle and lower markets. Estepona in particular holds many of the cards, with plenty of spare land to put up houses, while building licenses can be issued in around three to four months from the project submission date, whereas currently in Marbella it can often take more than a year. Roll the dice to discover whether your area is ahead of the game.

€437,000

By Laurence Dollimore

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May 24th - June 7th 7th 2017 May 24th - June 2017

€235,000

Property www.theolivepress.es

€402,000

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The Alfonso XIII, Sevilla This Andalusian institution was opened for the Sevilla Expo of 1929 and nothing much has changed. The noble arches and columns are still here, and the corridors gleaming with iridescent tiles in Moorish tones, the fluted ceiling mouldings and gold-trimmed lifts. And guests still sip fino in the patio, as they always did. The hotel was a favourite with the current king’s mother, Doña Maria de las Mercedes de Borbón y Orleáns, as well as Sevilla’s most glamorous and celebrated visitors including Princess Grace of Monaco, Rita Hayworth (whose father was Sevillano), Orson Welles, Audrey Hepburn (above), Sofia Loren, Jackie Kennedy and Princess Diana, right. Some scenes from the 1962 epic Lawrence of Arabia were filmed here.

Abadia Retuerta LeDomaine, Valladolid This stunning spa hotel is 900 years old. The former abbey in the wine-producing area of Ribera del Duero in Valladolid is one of the most luxurious hotels in the country. One of the former stables is now the Santuario Wellness & Spa, where a dedicated spa sommelier offers guests a glass of wine before advising on suitable vinotherapy treatments, then running a wine bath in your room, so you can gaze across vineyards to the mountains beyond. The abbey is a celebrated Romanesque building founded in 1146 by the Premonstratensian Order - a Roman Catholic monastic sect founded in 1120 by St Norbert (1080-1134), a German bishop. Much of the original structure has been respected - the monks’ former cells are now smart rooms and the abbey’s grand refectory is now an acclaimed restaurant where chef Marc Segarra Saune uses the estate’s produce to inspire his menus.

Parador de Santiago de Compostela, Galicia This Galician luxury hotel is one of the oldest continually running lodgings in the world. The parador was founded by King Ferdinand and Queen Isabella at the end of the 15th century as a refuge for pilgrims. It was designed to allow them to rest their feet after walking across Spain to pay homage to St James, who is buried in the cathedral on Obradoiro square. The most impressive guestrooms overlook the square and feature four-poster beds and antique Castilian furniture. The massive granite building in gothic, Renaissance and baroque styles is set around four cloisters.

Hotels with history Spain has some of the oldest lodgings in the world

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PAIN is littered with postcards from the past. From the Romans to the Vandals, almost every civilisation has set up shop on its shores. And to this day, some of their palaces, castles and magnificent villas remain intact and are available to stay in. For a romantic weekend away or a time travel trip through history, these heavenly hostelries have the coolest of back stories.

La Torre del Visco, Aragon This 15th century former farmhouse is set in 100 hectares of olive and almond trees. It was bought by a British couple - Jemma Markham and Piers Dutton - in 1995 and turned into a stunning luxury retreat. Fashion icon Karl Lagerfeld, right, once nominated it as one of the three most romantic hotels in Spain, and fell under the spell of its wonderful breakfasts of breads, hams, cheeses and homemade quince jam.

Parador de Jaen, Jaen This spectacular restored castle hotel was built as a 12th-century Moorish fortress, connected to the city by hidden tunnels. During Arab rule the castle kept the city at peace, until it was captured by Ferdinand III in 1246. He extended the castle, which held out against the repeated attacks by the Moors over the next two hundred years, until all the Moors were expelled from Spain. Soaring vaulted ceilings, wooden beams and tiled floors add to the majestic splendour but the decadent comforts of its 45 bedrooms are far from medieval.

The 17-room dwelling has a big library stocked with 3,000 books and a gleaming Bechstein piano. Guests, who include the former king and queen, above, of Spain, also have the option of arriving by helicopter.


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an edited collection at

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DREAM: The stunning estate has amazing views, complete privacy and even its own golf course

Live

like a

king

This fairy tale home has a private golf course and huge library

A

ONCE upon a time opportunity has arisen for romantics looking to purchase their own kingdom. The House of the Rising Sun, in the Serrania de Ronda, just 45 minutes from Marbella, has just hit the market. The secluded estate is set on an unbelievable 1,000,000m2 plot and comes complete with a private nine-hole golf course. A private 3km dirt track leads to the princely home from the main road to the stunning white village of Gaucin, which is just 5km away. The property enjoys lush vegetation, mature gardens, a small river and a private chapel. In the main house itself, residents will enjoy three spacious suites, an Andalucian

patio, ample reception rooms, a study and an exhaustive library that would leave My Fair Lady’s Professor Higgins more than impressed. The 4-bedroom, 3-bathroom guest house is set well apart from the main residence, as is the 2-bedroom, 1-bathroom staff house. If none of the above doesn’t seal the deal, how about the added bonus of stables, and the ability to ride unhindered to the polo pitches of Sotogrande? For the dedicated country lover, your own renovation ideas will fulfil your dreams.

Anyone interested should contact Robert Germaux on 639 729 523 or visit www.fincasgermaux. com

Sitting on a gold mine

NOT everyone can claim to own a Roman ruin. But the rural village of O Espino in Galicia is hiding a treasure trove of ancient artefacts, much of which have never officially been recognised. The town holds the national record for the most Roman ruins per household, with practically every inhabitant owning at least one. Homes in the village house stone sculptures of Roman gods and goddesses, stone mills dating back to the first and second centuries and chunks of a Celtic wall. There are also millstones from the third century and Bronze Age carvings on rocks.

HISTORY TOWN: O Espino


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GOLF VALLEY

Ref: OP9720

Villa next to The Westin La Quinta Golf Resort & Spa 5-star hotel

NUEVA ANDALUCÍA

Bright and spacious 5-bedroom family home with beautiful mature garden and pool. Located in La Quinta with all the hotel’s facilities at hand and within a short drive to Puerto Banús. Competitively priced.

GOLDEN MILE

Ref: OP9651

Stylish 3-bedroom townhouse with mountain views, close to amenities and walking distance to Puerto Banús and the beach. Private garage.

GOLDEN MILE

May 24th - June 7th 2017

Built: 80 m² Terrace: 42 m² Price: € 399,000

Bright 2-bedroom ground-floor apartment in a gated complex, beautiful gardens and pool. Only a few minutes’ walk to the beach and amenities!

Ref: OP9806

Rustic-style 3-bedroom, south-facing townhouse in Lomas Pueblo. Walking distance to the beach and the Puente Romano Hotel.

NUEVA ANDALUCÍA

Ref: OP9736 Built: 110 m² Terrace: 15 m² Price: € 280,000

Built: 279 m² Plot: 796 m² Price: € 899,000

Built: 164 m² Plot: 100 m² Price: € 490,000

Ref: OP9830

5-bedroom villa next to Centro Plaza, walking distance to Puerto Banús. Sea views, guest apartment, fireplace, 2-car garage and garden.

Built: 327 m² Plot: 812 m² Price: € 1,250,000

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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High-end gated community gets underway outside Marbella

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Luxury rising

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Loan rangers MORTGAGE volumes have increased by €10 billion in Spain since 2013. It comes as a result of increased property transactions, which have risen from 300,000 in 2013 to just under 460,000 in 2016, according to bank BNP Paribas and UCI. The uplift in activity has led to renewed interest in Spain from abroad, with foreign buyers returning to the market in high numbers. The numbers of overseas buyers has soared from just 6% in 2006 to 17% in 2016, with British buyers the largest group (19% of all foreign buyers). New rules are now in place to help limit lending and make house buying a ‘safer process’ for lenders and buyers.

Love it!

we have the expertise to ensure the project is completed to the level of quality and perfection required by both the client and the project’s surroundings.” Matias Villarroel, Director of Round Hill Capital in Spain added: “We are delighted

to have signed the construction contract with Grupo Avintia. “The group is highly respected in the construction industry, and has expansive experience in national and international projects”.

Work is commencing on phase one and is expected to be completed by the end of 2018. The community’s first residents can move in shortly afterwards. Visit www.paloaltomarbella.com

THIS is the home set to become a hotbed of passion for this year’s series of Love Island. The stunning villa, in Sant Llorenç des Cardassar, Mallorca, with sprawling terrace, outdoor pool and a barbecue area normally rents for €3,500 per month in summer. The reality TV series, presented by Caroline Flack, sees a group of single people installed in a luxury villa in the hope of finding love.

CO

NS ST TR AR UC TE TI D ON

HE foundations have been laid for one of the most exciting luxury projects just around Marbella. Building has begun at the Palo Alto gated community on the way to Ojen. Teams have started work on the 75 apartments at the 50-hectare site, comprising a mix of two to four-bedroom homes and 15 penthouses, with prices ranging from €440,000 to €1 million. A health club and business centre are also to be built and residents will benefit from 24-hour security. The construction of the 75-home project, which has lovely views to the coast and nearby mountains, has been awarded to Grupo Avintia, whose companies include Avintia Construcción, Adh Hoteles and Avora. Founded in 2007, Avintia has become one of the most active companies in Spain’s construction and real estate sectors, much in part to its internal management systems and innovative, cooperative company culture. President of Grupo Avintia, Antonio Martin Jimenez said: “It is a great honour for us to have been selected by a world leader in property investment, Round Hill Capital, to build the project. “The fact that we have been entrusted to carry out their first project in Spain, and in such a privileged area, demonstrates that

May 24th June 7th 7th 20172017 May -24th - June

Naturally Modern Living ”Bask in the light, breathe in the mountain air, enjoy complete peace and tranquillity, at Palo Alto your ideal home awaits” • Contemporary architecture by Villarroel Torrico • Premium quality fittings by Gunni & Trentino • Health Club, kids club, outdoor and indoor pools, concierge, rental management services, business centre

• Easy and secure payment plan • Limited availability • 2 beds from €440,000, 3 beds from €529,000 • 5 minutes from Marbella

TO BOOK A TOUR, CALL FREEPHONE 900 102 322 • REQUEST BROCHURE AT LP.PALOALTOMARBELLA.COM

PaloAltoMarbella.COM


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A massive black moggie stalks across an industrial building in Murcia. Leaves suggesting a concrete jungle adorn the bottom of the building where a normal-sized man can be seen cradling his cat.

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Off the wall Murals are the new metropolitan art brightening up cityscapes, writes Alexander Brown

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ALK through the backstreets of Estepona and count the massive murals adorning its high rise buildings - you could be forgiven for thinking Banksy had paid the town a clandestine visit. Ranging from homages to Miguel de Cervantes to celebrations of the town’s seafaring history, the diverse daubs are a prominent part of one of the Costa Del Sol’s most aesthetic towns.

Prize

2 This stop-you-in-yourtracks mural with its nod to Hieronymus Bosch’s Garden of Earthly Delights can be found in Ordes, Galicia. The work of Italian artist Blue, it features a tribute to vegetarianism with produce praying to a blender.

They are not a traditional feature, only appearing in 2012 as part of a council scheme designed to improve some of the town’s forgotten neighbourhoods. But with the number of murals now standing at almost 40, the town is set to make a big deal of it with its first ever International Art Mural Competition. In July, 70 artists from all over the world are being invited to contribute their perspectives and compete for a prize of €10,000. To mark the event, take our tour of some of the most eye-catching Spanish murals you won’t find in Estepona.

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It’s not always apartment blocks or houses that are illuminated by murals. Here, the Plaza de Armas bus station in Sevilla has a sleeping girl offset by eye-catching vivid colours.

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The Basque capital of Vitoria-Gasteiz is known as the ‘Painted City’ for its murals which are featured on a walking tour. ‘The Thread of Time’ recalls its medieval past when it traded in fine fabrics.

3 Street artists Shepard Fairey and D*Face teamed up for these two murals in Malaga. Located next to the Centre for Contemporary Art (CAC), the pair were created for a street art festival.

Don’t dig yourselves into a hole

Prevention of conflicts in joint ownership situations is worth dealing with early, explains lawyer Diego Echevarria

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NE of the most common property problems is the conflict between joint owners. The most typical case of this is the couple who purchases a house, only to break up later. What happens then? If one owner, who owns 50%, wants to sell against his partner's wishes, what do you do? What happens if just the wife paid for the property, or the husband paid alone for a pool that boosts its value? It is normally a complex situation. First and foremost it is not possible to force a joint owner to purchase your percentage, and in many cases the parties are unable to reach an agreement regarding the price anyway. Consequently, when there is no agreement as to the use of the property and the property cannot be legally divided, any joint owner can force a sale through the court under Spanish law.

When sold like this, both owners receive the sale price in relation to the percentage they own, with whoever paid for improvements entitled to the extra outlay. Despite the ability to legally auction a property in this way, it is not always effective, with the property

Seek proper advice before investing, or shortly after the purchase sometimes selling for less than it was bought for originally. In these unusual cases, both parties have losses, as they would receive less than they paid for the property. Another aspect that causes trouble is the percentage game. Just because a couple share own-

ership 50-50, that does not mean both parties invested equally into the property. One of them may have worked three times harder on its garden, say. Despite this, owners get paid directly in relation to percentage of ownership, so those who did not invest their time or money make a profit regardless. It is always highly advisable then, to seek proper legal advice before investing, or at least shortly after the purchase of the property. Signing agreements that establish appropriate shares should the house be sold, establish a fair distribution of profits will avoid drama later. And both parties will save lots of money in legal fees in the future. It is advisable to speak to someone trained in Spanish law to get the best possible agreement. For more information contact email +34 952 77 11 50 diego@ fairwaylawyers.com


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Ronda Properties is a forward thinking contemporary Estate Agency rooted in traditional values. It offers its clients a personal service and has a proven track record of successful sales.

Cortijo, Guest House, Pools, Stables Cortijo 800m2 with 240,000m2 (60 acres approx} land containing a mature olive grove, plus Guest House 120m2. The main living accommodation comprises 4 spacious bedrooms, 3 bathrooms and in addition 2 further bedrooms and bathroom situated in the Tower that afford fantastic vistas, lovely sitting-room with chimney, kitchen, terrace, patio, swimming-pool, stables and cobbled stone courtyard. The Self-Contained Guest House comprises 2 further bedrooms. A beautiful property which retains many traditional features with incredible views and located in an area of outstanding beauty, the Serrania de Ronda. A former Olive Mill, the Cortijo has been restored with much attention to detail, original tiles, antique doors and superb wooden beamed ceilings that add warmth to the interior. Equestrian facilities include 3 stables with excellent riding terrain on the doorstep. Water, electricity. Central heating. 14 km Ronda. 110km Malaga Airport. 60km Costa del Sol approx. Bedrooms: Bathrooms: Build: Plot:

4 3 800m2 240,000m2

Ref: 81455

€800,000

Townhouse Ronda

Rural Tourism Complex

Historic Quarter. Renovated townhouse located in one of the most sought after areas of Ronda. A light, beautifully presented property comprising entrance hallway with cloakroom, fitted kitchen with direct access to interior patio, sitting-room with fireplace, library and dining area, doors out to interior patio. Bedrooms: 3 Bathrooms: 2 Build: 88m2 Plot: 111m2

Rural Tourism Complex comprising 3 houses with private pools, located in an area of outstanding beauty. The houses have been built to a very high standard, beautifully presented in a rustic style in keeping with the environment, and providing superior holiday accommodation.

Ref: 82241

Ref: 100770

€275,000

Bedrooms: Bathrooms: Build: Plot:

13 11 519m2 2800m2

€500,000

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

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MIJAS – ref: R213365

BARGAIN villa near the village with 5 bedrooms, 2 bathrooms, spacious terraces, pool, private parking and open panoramic views! Build: 200 m2 Plot: 1000 m2

Price: 349.995€ LEGO HEAVEN: The kit houses are set to be produced in Andalucia in European-first

Plastic fantastic

T

HEY are every big kid’s fantasy. But now Lego-style houses are becoming a reality, thanks to savvy Ronda-based estate agent Thorwald Bodensiek who is creating one of Europe’s first recycled plastic brick factories near Malaga. The brainchild of Colombian musician Fernando Llanos, the DIY builds will cost a fraction of normal house prices, with each basic pack costing only €10,000 euros. “They’re just like Lego,” said Bodensiek, 56, who hopes to have the first ones rolling off the production line by August. “I first heard about them last April and I contacted Llanos straight away because it is such a great and exciting idea. Now we have a commercial contract to create his blocks in Spain under the name Ecoplasso.

Palomino Properties – Avda. México, 43 Nuevo Pueblo Mijas, local 4, 29650 MIJAS (Málaga)

Tel: + 34 952 486 296 mijas@palominoproperties.com www.palominoproperties.com

FACILITIES: A shower room in matching style

“The roofs are made of thinner recycled plastic and the bricks come with drilled holes for plumbing and electricity.” The houses are not just eco-friendly in terms of the plastic they save. “Whereas standard builds only have an insulation rate of 25%, our houses have 70%. “They are suitable for any environment, from -20C to African locations.” Bodensiek is currently seeking grants to help fund the factory’s machines, which process the plastic into bricks. “I imagine a day where someone will be able to go to IKEA, pick up a build-your-own-house pack and then build it next to their friends or family,” he said. “But more than that, they will help resolve so many social problems. “We could use them to build houses for refugees, or to house people living in bad conditions. “I think plastic houses are the future.” For more info email info@rondaproperties.com

Homes with wheels AN estate agent is giving its next 50 customers on the Costa del Sol a free Mini Cabriolet car. Anyone who buys a property will get the cool motor for free, no catches! Javier Timoner, CEO of Lifestyle Homes, said: “We’re excited to launch this new promotion to be able to offer our prospective customers even more. “We want to offer them a complete lifestyle when they purchase a home with us, beyond the four walls of their property. And by driving away in a brand new Mini, we hope to make their experi-

WONDERFUL VILLA with FANTASTIC VIEWS! Only 5 min drive from Mijas Pueblo. 4 Beds, 2 Baths + WC. Spacious, bright, airy quality house. Heated pool, A/C, flat gardens, many extras… Build: 247 m2 Plot: 740 m2

Price: 585.000€ REDUCED (from 699.000€)

Havoc

“When you think that plastic takes hundreds of years to break down, creating houses out of plastic waste is such a great way to keep it from wreaking havoc on our environment. “Think about all the waste plastic that comes alone from the huge greenhouses in Almeria and Huelva. “Ours will come from a mixture of private waste removal companies and public authorities from all over Spain.” Bodensiek’s 1,200m2 factory will be able to produce enough bricks for 50, 40m2 bungalows per month. “The layout can be designed according to each buyer’s needs,” said Bonensiek (right), who moved from Cali in Colombia to England, then Spain. “Each pack will have enough bricks to create up to three bedrooms. “Buyers will put them together themselves, which is very easy, as each brick is interconnecting and there are metal connectors for the corners, so there is no need for glue or cement. “They can keep them in the standard greyish colour or paint them whatever colour they like.

MIJAS – ref: R2399684

ence of living or holidaying on the Costa del Sol even more thrilling, whether it’s for getting from A to B, or to explore everything the region has to offer.” The promotion will end on June 30 and applies to properties priced €180,000 and above. The prize consists of a manual drive Mini Cabriolet valued at €19,557. Full Terms and Conditions are available at http://lifestylehomes.uk.com/terms-andconditions-promotion/


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May 24th - June 7th 7th 2017 May 24th - June 2017

Why holiday rental sites aren’t always the best ones to use, explains Helle Heredia from

surance included in all rentals covering minor damage, so the homeowner gets payment for any small damages directly into their account. “We care about our clients, there’s a reason our motto is ‘houses with a heart,’” explains Helle. One of the biggest pitfalls when it comes to private rental, for homeowners at least, is last minute cancellations. They can leave you in a tight spot when you had been relying on that income. Novasol - which has 2,200 properties for rent across Spain - seeks to avoid that headache by guaranteeing you will be paid 28 days before your guests arrive.

T

FREE house presentation in catalogues and on the internet

HE private rental market has seen an astronomical boom thanks to property portals Good performance up to 42 like WEEKS OF Airbnb. RENTAL But with the new technology has FREE INSURANCE for Novasol house owners come opportunities for scam artists to con unsuspecting homeownersContact and NOVASOL holidaymakers. on +34 868 864 800 “Some scam artists will use photos spain@novasol.com of real homes and market them as their own,” explains Helle Heredia from Novasol - Northern Europe’s longest running holiday rental company. “But when the holidaymakers arrive, they knock on the door and find someone else is already there. “The scammer has obviously marketed a property which is not theirs.” Other scams are more complex. “We have even seen people market properties under one identity, then steal people’s credit cards and use them pay for a stay at the same property, pocketing the stolen money, it’s quite clever. “But this underlines the main problem, the lack of a personal service.” Companies like Novasol, which began in a basement in Copenhagen some 50 years ago and now operates across 29 European countries, offer the antidote.

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BOOKINGS through 20,000 travel agencies and main portals

Security

Portal of truth “We meet the homeowners, take the photos, do all the marketing, it’s extremely personal,” she explains. It also creates a budget for every homeowner based on how much they need to earn and how fast. “Anyone can rent out their home successfully in the summer, you can literally walk up to a random

guy on the street and he could do that for you, we actually plan and work to rent out properties all year around.” The company also offers cheap contents and damages insurance and will always have a team nearby who can check on the home if something goes wrong. The company has homeowner in-

“It gives them that extra sense of security which can be impossible to find with a typical portal.” Usually, with Airbnb, cancellations can be made as close as two days to the arrival date, leaving many renters high and dry. And while they have proven popular with scores of holidaymakers, it may also be a reason why many are still preferring to use the tried and tested ways of Novasol. “Portals like Airbnb have actually helped us,” explains Helle, “they have encouraged more people to rent out their homes, which means more and more people come to us for help, so it has been great.” Novasol, which has properties around the entire country, including the Balearics, is going on a huge expansion drive over the next few years. Contact Novasol at www.novasol.com or 0034 868 864 800

FREE house presentation in catalogues and on the internet BOOKINGS through 20,000 travel agencies and main portals Good performance up to 42 WEEKS OF RENTAL FREE INSURANCE for Novasol house owners

EUROPE’S LEADING HOLIDAY RENTAL COMPANY NEEDS for civilised clients from Germany, Benelux and Scandinavia.

Contact NOVASOL on +34 868 864 800 spain@novasol.com


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We reward our loyal customers and new clients too!

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Visit your agent, call 91 342 25 49 or go to www.libertyexpatriates.es Only for new policies issued and in force between 20th March and 26th June 2017 and paid by Direct Debit. Not for renewals or replacements. Comprehensive Car Insurance: policies over 400€. Home Insurance: policies over 200€ in Mainland and Balearics, and over 150€ in Canaries. Life Insurance: policies over 150€. 60€ Cashback for existing Liberty Seguros customers and 40€ Cashback for new clients (1st Liberty Seguros policy) will be refunded directly to your bank account (applies only to bank accounts within the SEPA zone).

Olive Press (Property Mag) – 342mm x 256mm – 24 May


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May 24th - June 7th 2017

VALGRANDE

Unique ground floor 4/5 bedrooms, 350 m2 Built + 100 m2 Terrace 990.000 €

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If you are a professional, working in the Real Estate business, we would be very interested to meet you in order to evaluate your future with us as a Sales or Rental Consultant, Office Manager or Social Media Marketing Officer.. Please feel free to contact Philippe Pellegrino for more information (747 86 03 04). PLEASE, ORDER YOUR COPY

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