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olive press
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October 2017
Issue 16
That’s gorgeous George
September 27th - October 10th 2017
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What could Clooney be buying inland?
SEE PAGE 10
Spain has some of the most Game of Thrones-style castles in the world, and they are just waiting for their new rulers to move in SEE PAGE 20
Top of the props Two Costa hotspots are the most popular places for Brits buying second homes
TWO out of three of Spain’s top destinations for Brits buying a second home are in Andalucia. Marbella and Mijas are in the top three, only beaten by Torrevieja, in Alicante, according to leading homebuilder Taylor Wimpey. While, Torrevieja topped the charts thanks to its beaches and affordable homes, Marbella and Mijas were very close behind. Marbella has ‘superb flight connections year round’ and new routes are being added every year, according to the report.
Meanwhile, Mijas was unique in attracting holidaymakers and avid golfers. “Many holidaymakers fall in love with this holiday hotspot as they are never
far from the sea or a golf course.” “It has the perfect setting for capturing the international growing demand for second homes with amenities on
Second homes surge
HOLIDAY home demand is back in business… among Spaniards as well. New research reveals that 13% of homes sold to local buyers are intended as holiday homes, according to Fotocasa. Some 59% of buyers have no intention of renting out their second home, whilst 34% plan to offer holiday rentals. “The holiday rental market is one of the reasons why rental prices are rising so fast,” explains Beatriz Toribio, head of research at Fotocasa. Another report reveals that more than six million Spanish households own a second home in Spain, of which 3.6 million are located in coastal areas.
hand.” Calvia in Mallorca came in a close fourth in the poll of British buyers purchasing in Spain over the summer months this year. Meanwhile, Spanish tourism continues to break records this year with over 10.5 million tourists arriving in July– 10% more than last year’s figures. British visitors were the largest group, accounting for over 2.3 million arrivals during the month. The homebuilder has a number of projects currently underway in Mijas and Marbella, as well as in Mallorca and Torrevieja.
Buying or selling?
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Five-star living
PARADISE: And privacy at Real de La Quinta
Winning team
SHE is one half of Mallorca’s most famous tennis love match. But Xisca Perelló, Rafa Nadal’s girlfriend, has been serving up her own aces in the Balearic property market. Perello, Nadal’s 28-year-old childhood sweetheart, is the heir to Inmobiliaria Jaime III 2016, which she runs alongside brother Juan Miguel. Based in Palma, the company deals with both sales and rentals as well as property development on the island and was founded in 1964. Xisca, who also goes by the name Mary, has been dating Nadal since 2005, but prefers to remain out of the limelight. “It’s not a world I want to be part of, nor do I think Rafa would have chosen to be with a woman who looked for that in life,” she said.
A NEW home builder has confirmed a huge €450 million investment on the Costa del Sol. The 202 hectare resort, Real de la Quinta, is being built in Benahavis, just ten minutes drive from Puerto Banus and Marbella. As well as a boutique hotel and spa there will be around 150 family homes, as well as 1,450 apartments built on the huge plot near La Quinta golf course. A huge lake will offer watersports and there will be a riding stables. According to a spokesman the development has been designed to be ‘perfectly integrated into the natural environment.’ and has achieved a BREEAM certificate for renewable energy as well as its low impact on the environment. Each entry point to the urbanization will have its own access control and security, one of them being from La Quinta Golf and the rest from Nueva Andalucia. Borja Pascual, CEO of La Quinta Grupo Inmobiliario, said: “We’re offering much more than spectacular homes in a top location. We set ourselves apart by
Up and away
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PANISH property sales increased in value by 55% in the first half of 2017. An increase in domestic buyers also helped the number of purchases boom by
47%. And according to the report by Lucas Fox, the amount of British buyers as a portion of all sales dropped only slightly to 10%, the same proportion of US and Canadian buyers. “Spain’s economy is the fastest growing in the Eurozone, bringing greater confidence back to the property market,” said co-founder Alexander Vaughan. “We have seen growing interest from property investors, who now regard Spanish real estate as offering excellent potential for capital gains and profitability through short and long term rent-
Sales and values of properties soar in first half of 2017 als. We expect that the price recovery now taking place in the cities will extend to the suburbs and other parts of the country in the forthcoming months.” The Marbella office of Lucas Fox saw an increase of 150% with sales to Scandinavian buyers accounting for 80%, while in the Costa Brava half of sales were to national buyers. Barcelona saw the biggest increases. The number of sales in the popular Sitges resort increased by 175% with 18% of buyers from Spain and 27% from the UK.
Valuable valley - but a plot for what? AN enormous plot of prime rural land is attracting interest from developers in Marbella. The €7.5 million euro estate near the border with Calahonda is described as a ‘great opportunity’ with ‘magnificent views’ on a billboard beside it. Known as ‘El Lagar del Carbon’, the 511,000 m2 plot stretches down to the AP-7, near Cabopino, and has two deep V-shaped valleys either side of the pass. The issue is exactly what can be built on the plot. When the Olive Press contacted a number on the poster, an agent
who gave his name as Samuel insisted that ‘up to 25 villas’ could be built, ‘or a sports centre’. The plot, owned by a Norwegian for the last 50 years, has ‘amazing sunsets’, he said. “We actually had someone who was going to buy it for a project,” he said. “They wanted to build an adventure park but there was too much elevation difference. “They did a calculation and it would be too much work for them.” It has now come back on the market, although what exactly can go on there will be an interesting to see.
being a very high-quality resort that features environmental sustainability, one that is fully integrated into its natural surroundings. “It is an authentic oasis, an environment where nature, innovation, tranquillity, privacy, security, and the pleasure of living can all coexist. In the end, our intention has been to create a paradise where we can enjoy the quality of life we have always dreamed of”.
Property of the Week
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SaveD Historic home will become epicentre of new pedestrianised Torremolinos ...
September 27th2017 - October 10th 2017 October
ScrapPed ... while petrol station to replace other protected Costa del Sol site
ORNATE: The home will be restored to its former glory
T
ORREMOLINOS town hall has vowed to fork out more than €1 million to protect its landmark Maria Barrabino house. It comes as part of a project by the town to pedestrianise its historic centre. The house, built in the 19th century, reflects the tastes of the then Malaga bourgeoisie, and still retains much of its original design and structure. The town hall will pay €1.1 million to the heirs of Barrabino, who was a key figure in the area, and whose family still own important property there. PSOE Mayor Jose Ortiz described the purchase as a ‘great milestone’ for the city as ‘the first symbolic stone of the great pedestrian boulevard’, which has been designed by the architect Salvador Moreno Peralta in the center of Torremolinos. He added that the building ‘treasures unforgettable memories of the municipality in different times and is one of the forgotten buildings with the most architectural value on the Costa del Sol.’ The bad state of the house has led to acts of vandalism that have damaged the hand-decorated kitchen tiles and vintage stair handrails, which are topped with carved wooden lions. Although the remodeling work is said to be complicated, the town hall remains convinced of the necessity of integrating the property into the urban strategy of the town centre. This strategy includes the pedestrianization of the Costa del Sol square, an enclave intimately linked to the
VESTIGE OF THE PAST: Cortijo de Los Limones and its cobbled form
A
inside
PROTECTED Costa del Sol property is to be knocked down to make way for a petrol station. The 100-year-old farmhouse in Mijas is to lose its listed status to allow developers to move onto the prime land beside the A7 motorway. The controversial move has angered locals and environmentalists, who had hoped to maintain the historic Cortijo de los Limones building.
Rural
story of María Barrabino, who inherited the home from her aunt, Maria Melgar,as well as the hacienda San Miguel. Architect Moreno Peralta added that the house allows us to discover ‘the origin of Torremolinos’. Once opened to the public, the museum will tell the story of María, who donated land to the poor, assisted with the creation of several soup kitchens and helped to eradicate tuberculosis in Torremolinos. "She was a great benefactor," added the architect.
WELL RESPECTED: The Barrabino family gave land away and opened soup kitchens
The former lemon and orange plantation, on the Camino de Coin, in Las Lagunas, is one of very few reminders of the area’s rural past. “Why are we losing this valuable historic building to make way for a gas station?,” asked former mayor Angel Nozal, of Mijas PP party. “There are already two petrol stations on the same stretch so it makes no sense.” He added: “It is a miserable decision as it has been an important cultural reminder of the former lives of the people who were alive in the fifties.” The decision to remove the building’s status came after the town hall, run by Ciudadanos, decided that the building had no integral architectural value nor historical
interest. Town planning boss Andrés Ruiz has now started the process to modify its status. Ruiz said: “After asking the owners as well as our town planners, both parties agree that the farmhouse does not have any special feature that deserves such protection.” The PP party had previously planned to see it renovated and turned into some sort of museum. The petrol station will only take up 10% of the land, with the rest likely to be used for further development. Nozal pointed to the success of similar restorations of the Doña Ermita building and the old winery Don Elías. What is your view? Contact newsdesk@theolivepress.es
LANDMARK: It stands on key location on A7
www.theolivepress.es Property Great things happen when Winkworth gets involved September 27th2017 - October 10th 2017 October
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REF: WW839
Offered for sale at a truly unbeatable price, this impressive, generously spacious family villa is located in a pleasant urbanization only minutes from Casares Beach. Private pool / Jacuzzi / Steam room /Master suite / Gaggenau kitchen appliances / Home automation system / landscaped garden / panoramic sea views Bed 6 | Bath 6 | Built 478 m2 | Plot 982 m2 *Price conversion correct at time of going to press
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Sales in July of this year increased by a whopping 20%, writes Mark Stucklin
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PANISH home sales inscribed in the Land Registry increased by 19% in July 2017, according to the latest figures from the National Institute of Statistics (INE). There were 35,124 home sales in July (excluding subsidised home sales), and 38,841 if you include homes subsidised by the Government, known as VPO. Home sales have risen by double digits almost every month this year, in keeping with a recovery trend that started in March 2014 when the market turned the corner after seven years of declines. The INE’s figures are based on sales inscribed, not actual sales that took place in the month. As such they lag the market by about two or three months.
Sales by Region – July 2017 I’ve prepared the following graphs to illustrate how sales changed by selected region – those regions of most interest to foreign buyers, owners, vendors, and investors. The first chart shows the year-on-year percentage change in sales in July, and the second one shows the same, but for the year to date (first seven months) compared to the same period last year. If increasing home sales are a positive sign, it’s clearly turning out to be a good year for Catalunya, with some of the biggest home sale increases in Tarragona (Costa Dorada), Girona (Costa Brava), and Barcelona City. So it seems property buyers local and foreign are unfazed by the whole question of unilaterally declared independence from Spain being pursued by the Catalan regional government. Just a storm in a teacup, like some of my Spanish relatives claim? I’m not so sure. Time will tell.
Summer sizzle
September 27th2017 - October 10th 2017 October
New and resale transactions There were 32,049 resales recorded in the period, and 6,792 new home sales (not including off-plan sales, which won’t show up in the figures for months, but which are bound to be growing fast). Both new and resales were up, by 13% and 18% respectively. The chart (above) shows how large and repetitive declines in new home sales are now a thing of the past, as I’ve been forecasting for some time. The steady improvement in new home sales is a clear sign that the market is recovering, though new home sales are nowhere near the absurd heights they reached in the boom years. Visit www.spanishpropertyinsight.com
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TOWNHOUSE IN ALOHA , NUEVA ANDALUCIA 4 Beds • 4 Baths • 425 Built m2 • Terrace 116m2 • REF 176-01407P
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Large corner town house in immaculate condition and situated in the popular complex of Last Green. The kitchen was recently finished using only the finest of materials creating a wonderful focal point in the house. The split level living and dining room has a luxurious feel where the living area leads you straight out onto one of the terraces and the garden area. All 4 bedrooms have bathrooms en- suite. There are incredible sea and mountain views from the large solarium. The property comes with a private garage, big enough for 3-4 cars.
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
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70 % SO L
September 27th - October 10th 2017
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Visit our full size show flat on site 60 spacious off plan apartments with uniterrupted sea views in an established urbanisation within walking distance to the picturesque Benalmadena Pueblo. 15 minutes to Malaga airport • Walking distance to amenities 5 minutes to closest golf course • Modern Scandinavian style High quality specifications • Gym and playground • Beautiful pool area
Call us on +34 951 083 119 or email us at costadelsol@maklarringen.se brought to you exclusively by
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Coast with the most T
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CHEAP: Costa Dorada
Which of Spain’s coastlines fetches the most for its property? HE Costa del Sol is the most expensive coastal location, it has been revealed. It comes after a new study showed the average property price along the British favourite is €350,000. It’s in stark contrast to the Costa Blanca and Costa Brava, which have average prices of €200,000 and €205,000 respectively. Costa Dorada, in Tarragona, has the second-cheapest average price at €160,000, beaten only by Murcia, which has an average price of just €150,000. Authors of the report, at Donpiso website, add that Spain’s property market has un-
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dergone a radical transformation helped by a growing economy and improved jobs outlook. “Higher employment, rising disposable incomes and an upturn in consumer confidence are underpinning housing demand with mortgage lending up by 20% in March 2017 compared to the previous year,” it said. The report reveals that more than six million Spanish households own a second home in Spain, with well over half being on one of the country’s coastlines. This trend, according to the report, has been encouraged by the strong tourism market, as more locals are buying homes to rent to holidaymakers.
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COMPETITIVE: The Costa Blanca
PRICEY: Puerto Banus on the Costa del Sol
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PALS: Clooney and Rande on the road
George Clooney is on a bike tour through inland Andalucia what gems might he find, asks Liz Rowlinson
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EST buds, tequila business partners and holiday home neighbours George Clooney and Rande Gerber – husbands of Amal Clooney and Cindy Crawford – take an annual boys’ trip on their motorbikes. They’ve done Corsica, America and Italy’s Dolomites, and this year planned to try south Spain. “We thought we would check out Andalucia because of the mountain roads and passes,” Gerber said ahead of their Málaga start. “The day usually ends in a bar, drinking with the locals.” Clearly, inhabitants of the remote villages of the Montes de Málaga Natural Park are in for a treat – but it’s not beyond the realm of reason that the A-list duo might stumble upon a beautiful cortijo along the way and consider buying another holiday home. It certainly would offer the Clooneys and their two young twins more privacy than their paparazzi-magnet villa on Lake Como. So what might they spot along the way? Along with Valencia, Andalucia is the most popular Spanish region for British home hunt-
Complete privacy with eagles soaring overhead and wild boars snuffling about ers, yet the bulk of them head to the coast for the heavily developed Costa del Sol between Málaga and Gibraltar. But there’s still an appetite for the coarser world of remote valleys, peasant farmers and olive groves chronicled in Chris Stewart’s 1999 bestselling book Driving Over Lemons. It’s a niche market that shrank after the Spanish property crash – when house prices fell between 40 and 60 per cent – yet is slowly returning, according to Barbara Wood of the Spanish buying agent The Property Finders. “For those who seek complete privacy in beautiful countryside, with eagles soaring overhead and wild boars snuffling around the roads, then there are some wonderful properties,” she says. “I recently sold an eight-bedroom home near Gaucin for €1.7 million (£1.57 million) to a British couple who had been driving around Andalusia looking for the right opportunity for 15 years.” Andalucia is a vast and widely divergent region. When Clooney and Gerber head up the A7000 towards Casabermeja – perfect biking territory with endless switchbacks and views back towards the Med – turning east is completely different from going west. High-end buyers look west, towards Ronda and Gaucin, says Wood. “This is an area of bull-breeding farms and equestrian properties towards Cádiz and Jerez where there have always been some important homes.” Unusually south-facing for a mountain village, the medieval Gaucin has attracted overseas buyers for 40 years. “There’s nothing there worth looking at below €750,000 and you’ll have much more choice with double that budget,” says Wood. There’s a contemporary home two miles out-
IDEAL HOME: A seven bedroom palace that once used to belong to a duke in Madrid, is on sale for €3.5million through Olvera Properties
Buonds tour
STUNNING: This amazing Granada retreat is for sale at €795,000 direct from the owners side the village, with spectacular views towards Gibraltar and Morocco, for €2.25 million via agent Aylesford International. Around the historic town of Ronda – in an equally breathtaking position slightly further inland – you also need €1 million-plus for a country property with five to 10 acres. Savills has
one for €1.4 million: with tranquil seclusion, five bedrooms and space for a helipad, it might suit the Gerber-Clooneys. When Clooney and Gerber head up the A7000 towards Casabermeja – perfect biking territory with endless switchbacks and views back towards the Med – turning east is completely
AMAZING: This four bedroom mountain side villa near the village of Gaucin, is €2.25million through Aylesford international different from going west. High-end buyers look west, towards Ronda and Gaucin The former home of a duke of Madrid, a stunning palacio between Ronda and Sevilla that sits grandly at the end of its own oleander-lined avenue in a patchwork of olive groves, might be an even better fit. The 19th-century palace has been refurbished to a high standard and would make an ideal boutique hotel. It is priced at €3.5 million through Olvera Properties. Several of the seven suites cover a sumptuous 1,000 sq ft and there is a Moroccan-inspired pool. Its agent, Zoë Males, says most of her clients spend €100,000 on a two- to three-bedroom property. “Olvera is wonderfully central – between Ronda, Málaga and Granada – and people come all year round for biking, riding, paragliding or walking,” she says. “Recently we have seen an increase in young couples escaping UK city life. The market is picking up but still below its 2006 peak.” It’s been 14 years since couple Zoe Cawthorn
It’s sometimes 27 degrees at Christmas and we can see snow on the hills nearby and Nigel Szczygiel Segal did just that, swapping Manchester for a six-bedroom cortijo east of Málaga. They spent three years refurbishing a wreck into a beautiful Moorish-style property, which has amazing light and space. It is in the foothills of the Sierra Nevada, near Órgiva, and attracts guests from all over the world. “It’s half an hour from the coast, yet has views of whitewashed Berber villages clinging to the mountains, so it’s ideally located,” says Zoe. “It’s sometimes 27 degrees at Christmas, so we check the snow line of the distant peaks before heading off skiing.” The couple, who have hosted yoga holidays there, are winding down to move to a smaller home nearby and have put the house on the market for €795,000 (www.forsale.southofgranada.com or call 639234114 or 633400701). For the most part, the Granada region is very affordable, with Spanish property portal kyero. com reporting “big price falls” in the past year. Interest is picking up, however, with more than 4,000 people per month looking at properties in Alhama de Granada. This small, traditional village, and nearby Colmenar, sits in prime biking territory, yet a pretty country house with three bedrooms high in the hills costs only €199,000. Plus, you might just catch a glimpse of George roaring by. You can’t put a price on that. Visit www.andaluciaolveraproperties.com or call 686131908 or 00447969450206 Visit www.forsale.southofgranada.com or call 639234114 or 633400701). This article first appeared in the Daily Telegraph
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With more megayachts than ever before dropping anchor in Mallorca, Marbella and Gibraltar this year, Laurence Dollimore takes a look around some of the flashiest floating homes
The Lady Haya, Price tag: €45 million If you see this luxury yacht docked in a glitzy port, it only means one thing; the king is in town. Owned by Saudi Arabia’s King Abdullah bin Abdulaziz, the ship measures 212 feet in length and has a top speed of 18 knots. A permanent feature in Marbella and Banus this summer, she was designed by Terence Disdale and manufactured by Mitsubishi Heavy Industries in 1981, and has received many upgrades over the years.
Pushing the boat out €408 million
Sailing Yacht A The staggering Sailing Yacht A is a 468ftlong vessel featuring three, 300ft masts that are taller than London’s Big Ben. The mammoth megayacht was tested rigorously in Gibraltar before being handed over to its new Russian billionaire owner, Andrey Melnichenko, earlier this year. Since then, the imposing vessel has been seen in Marbella - just last weekend - Mallorca and Monaco. It boasts eight floors - with a helicopter pad on one of the decks - and an underwater observation room. Powered by a hybrid diesel-electric package with controllable pitch propellers, she can accommodate 20 guests and a crew of 54.
FAM, Price tag: N/A Spotted in Mallorca, Banus and Gibraltar in the last few weeks, this 190ft giant was built by the Australian Yacht Builders at their Brisbane shipyard. She was delivered to her owner in 1991 and refitted just last year. Previously named The Other Woman, her luxurious interior was designed by Paola D. Smith & Associates. She can accommodate 10 guests and 11 crew, and comes complete with an outdoor bar, jacuzzi and large sun deck area. Other features include a gym, swimming pool, barbeque, wheelchair access, swimming platform and an exterior bar.
Mogambo
€175,000/week
Tatyana, Price tag: N/A This 41-metre custom yacht was built in 1995 by Lurssen and was last refitted in 2005. Previously named Blind Date, her luxurious interior was designed by Patrick Knowles and her exterior styling is by Jorg Biederbeck. She can sleep eight guests in four rooms, including a master suite, a VIP stateroom and two double cabins. There is also room for six crew.
The 74-metre Mogambo was launched by Germany-based shipyard Nobiskrug in 2012. Designed by Reymond Langton, the superyacht is named after the classic adventure movie starring Clark Gable, Ava Gardner and Grace Kelly and set in 1950s Kenya. Impressive leisure and entertainment facilities make her the ideal charter yacht for socialising and entertaining family and friends. Features include four Jet Skis, three kayaks, one Seabob, two water skis and two wakeboards.
Mia Rama Mia Rama, a regular visitor to Banus, Marbella and Mallorca this summer, accommodates up to 14 guests in seven magnificent staterooms: The Owner’s Suite on the main deck is outfitted with a king-sized bed and en suite bathroom with Jacuzzi,
shower room and walk in wardrobe. There are three further VIP guest suites and an additional three twin guest cabins with en suite facilities. All staterooms and salons are fitted with Plasma LCD Monitors and Home Theatre Systems.
€600,000/week
www.theolivepress.es
GOLDEN MILE
Ref: OP8122
Luxurious apartment in an ideal location
GOLDEN MILE
September 27th - October 10th 2017
3-bedroom apartment in the sought-after complex of La Trinidad, with communal gardens, indoor and outdoor pool, gym, 24-hour security and located within a very short distance to the beach and the famous 5-star Hotel Puente Romano Beach Resort & Spa.
GOLF VALLEY
Ref: OP9711
Renovated 2-bedroom apartment in Ancón Sierra complex, Las Lomas del Marbella Club. 24-hr security, pools and beautiful gardens.
NUEVA ANDALUCÍA
Built: 135 m² Terrace: 67 m² Price: € 595,000
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.
Built: 327 m² Plot: 812 m² Price: € 1,150,000
Ref: OP9720
5-bedroom villa next to The Westin La Quinta Golf Resort & Spa 5-star hotel and within a short drive to Puerto Banús. Competitively priced.
GOLDEN MILE
Ref: OP9830
Built: 198 m² Terrace: 33 m² Price: € 1,395,000
Built: 279m² Plot: 796 m² Price: € 899,000
Ref: OP9735
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
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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€549,000 Guadalmina townhouse
This stunning 4-bed sits in a prime location within the Guadalmina golf course, just minutes from both Marbella and Estepona. The spacious bedrooms and separateA LARGE guest apartment make idealINfor DETACHED 3/4 BEDitVILLA AN UNUSUALLY a family. REF:POSITION WW610 BUT www.winkworth.es SECLUDED NOT ISOLATED, A SHORT DRIVE FROM THE CENTRE OF NERJA
Price: 420.000 €
September 27th2017 - October 10th 2017 October
ondon I swap
What can you get in Andalucia for the price of a one-bed flat in London?
T’S no secret that the price of property in London can be extortionate. The average price for a 385 square foot one-bedroom flat just outside the city centre is £473,073 (€534,729), according to the Nationwide House Price Index — a staggering 100% higher than the UK national average price of £234,794 (€265,000). But what could you get for the same price in Andalucia’s property hotspots? The answer is probably a LOT more...
4 bed
4 bath
Private
260.8 m²
543.15 m² South
€ 420,000
EPC Rating: PENDING Ref No: ZTM3501
Approached by a mostly concreted road 2 minutes drive from the main access road to Nerja. The villa is approximately 240m2. It is situated in a gated estate and uniquely fronted by natural parkland ensuring partial sea views to the south.
Nerja villa
Accommodation is designed over 3 floors: GROUND: Hall, large living / dining room with feature fireplace, beamed ceiling opening onto a terrace of approximately 25m2 overlooking lawned gardens and private pool of 7x4m, a good sized bedroom with fitted wardrobes and an en suite bathroom. The kitchen is fully equipped with granite work surfaces.
This south-facing 4-bed villa comes complete with a private pool, 4 bathrooms and a large garden space littered with citrus trees. The three-floor gated propFIRST FLOOR: Master bedroom with en suite bathroom opening onto a 35m2 roof terrace, guest bathroom, bedroom 3,erty opening is onto fronted the same south by facingnatural terrace parkland. REF: EXTERNAL: Plot size approximately 600m2, mostly south facing, lawned with citrus trees. Private pool and ZTM3501 www.teamespana.com hardstanding for 3 / 4 vehicles. LOWER GROUND: A tastefully designed open plan area of 85m2, comprising a living / dining area, glass partitioned bedroom area, separate bathroom. This area could very easily be converted to self contained accommodation. In addition the integral garage of some 20m2 could be converted to make additional accommodation.
FEATURES: A/C & heating throughout, quality furnishings included throughout.
€549,000
€499,000
€549,000
A LARGE DETACHED 3/4 BED VILLA IN AN UNUSUALLY Estepona beach house This beach property is huge with 6 bedSECLUDED POSITION BUT NOT ISOLATED, A SHORT DRIVE rooms and 4 bathrooms in Estepona. The Torrox villa 240m2 home would be a perfect investFROM THE CENTRE OF NERJA ment for a second or first family home. This 4-bed and 3-bathroom home is a bargain at just €549,000. Its spacious rooms come with a private pool and views of the coastline, which is just a short drive away. REF: BARZ030 www.maklarringen.se
REF: LT108 www.maklarringen.es
Price: 420.000 € €595,000 Los Barrios Finca
€525,000 Marbella townhouse
This 3-bed rustic home on the Golden Mile sits in a typical Andalucian hamlet. Its charm and beauty comes with a communal pool, gardens and social club. REF: R112-05713 www.panorama.es
This impressive finca in Los Barrios is a steal at just €499,000. The south-facing views look out over a lake and stunning mountains, and are protected from any development as the property sits on the edge of the Alcornacales natural park. Below the house is a basement area complete with workshop, wine bodega, garden furniture store and wood pile. The current owners have spent 30 years creating an impressive garden complete with fruit trees, sweeping lawns, terraces for grapes and figs and a landscaped pool with circular summer house. The private and peaceful plot sits in a very friendly community. REF: WW161 www.winkworth.es
64 bed 34 bath Private
484M2 260.8 m² 3694M2 543.15 m² South
Marbella Club apartment
This 2-bed, 2-bathroom apartment sits within the exclusive Ancon Sierra complex in Las Lomas del Marbella Club and comes complete with a huge balcony offering mountain views. There is also access to a clubhouse, several pools and private garage. REF: R112-09711 www. panorama.es
EPC Rating: PENDING
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September 27th - October 10th 2017
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DESIGN AND FIT SOLUTIONS FOR ALL HOME REFURBISHMENT NEEDS
ARCHITECTURE & INTERIOR DESIGN
TOTAL REFORMS
NEW BUILD
MJL have in house architects based in our offices in Spain. Offering design, drawings, 3D views, specifications and obtaining licenses. Also, we can design, supply and install furnishings for our clients.
MJ Lancley have carried out numerous reforms in Spain, we have completely gutted villas and refitted every aspect of the home, inclusive of roofs, swimming pools, home cinemas, kitchens, bathrooms and bedrooms. In addition, we offer renovation of commercial and business spaces.
We specialise in all types of building. Our way of working is: first meeting with the client, taking of data of the needs, visit to the construction site, design and 3D views, budget and temporary execution of the works, and finally, construction of the building. We’re with you every step of the way.
KITCHEN
BATHROOM
LIGHT GAUGE STEEL STRUCTURE
MJL can design, manufacture and fit kitchens, but we dont just stop at the kitchen, we will do all the associated works such as drylining, plastering, plumbing and electrics. We will undertake all works from removal of the old kitchen to handing back to the client complete and ready for use.
We can install complete bathrooms inclusive of tiling, plumbing, electrics, plastering and decorating. We can provide detailed drawings and 3D views to clarify layout for the client.
MJ Lancley Construction have carried out Light Gauge System works in Gibraltar, Spain and London. We have manufacturing and engineering partners in the UK that can design and deliver the steel. We can supply all relevant guaranties for this new system quick and easy assembly.
GIBRALTAR – 24 College Lane, Gibraltar – Tel: +350 200 64323 Mobile: +350 5800 7694 SPAIN – Calle Melilla, Local F, Portal 2, Edificio Miguel Angel, Estepona – Tel: +34 952 802 610 Mobile: +34 677 643 833
email: info@mjlancleyltd.com www.mjlancleyltd.com CONTACT US NOW FOR AN INITIAL HOME VISIT WHERE WE CAN HELP YOU WITH YOUR HOME REFURBISHMENT
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Spain New quality homes in Spain since 1958 Buy directly from the developer Our Ourcurrent currentprojects: projects:
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XX
Brits frantically s search for propertie on Costa del Sol afters returning from jollie
and Download our app now search terms that the most popular the best Spanish enjoyingnas S: Abella begin del It also found abroad included ‘pool’, ‘beach’ and GENIU es for a home on the Costa BRITONS searching in the last few weeks as for properti news on the go. ‘sea view’. Sol increased by 44%from summer holidays. Conn says it is not surprisProperty expert Simon from their summany returned home search engine Zoopla, ing that so many people return property how to to g desAccordin abroad and begin planning the most searched for Spain continued to be with Ibiza and Menorca mer holiday overseas. stepped buy a property tination for a new home, destinations. – gone on holiday, and third most popular in interest re- “We’ve all done it grind, relaxed in the sun, r has the second increase away from the daily A SPANISH designeshelter They saw a 41% and 19% ng how we can make wonderi hand, in novel the last cocktail created a spectively. busy traffic Zoopla compared website traffic duringsummer this feeling last,” he said.the unpredictable British underneath aOlive Press weeks - which covers the school earlier “So when we return to property five bridge.The plan of how to buy a do Abel- holidays - to the previous five-week period weather, we hatch a Self-taught Fernan innovaabroad.” a the in Spain! d news for in the summer. installe However, he added lanas TOP bridge in word of caution, saytive home under a g shelving: “Many people Valencia, featurin even a jet off to the sun and ing, seating, and wish they could stay. Game of sleeping space. somebe the perfect draw for the ng could ed holidayi castle l conceiv But medieva Abellanas . A WESTEROS-style re the where is not the same a piece of sunny paradise drawbridge, project to recaptu Thrones fans who wante with towers, gargoyles, and even a experias the reality of living magic that childrenunder a The property, complet Costa del Sol for a mere there every day. on ence when hiding is up for sale on the other “When you are table, or inside some the dra€760,000. holiday, you wind handling the sale of secret den. AIDA inmobiliaria is a, which has been likened down a gear and time visitor a Estepon that in to matic home The idea is it HBO series. is your own, but try area Rock from the smash-h initially refused Casterly to walks up the banked have visualise what it would dsaid to Local authorities are for the project because it did and enters the plywoo really be like if you then ion permiss shelter, upmarplanning lined metal live there. If you are of the houses in the Flores, le hand not keep with the style uses an availab uprooting your family But according to Javier the ket residential area. sale, officials were eventually crank to move it along and will need to work, the where leading to three is s, could de it who be aware that has four bedroom usual bridge’s undersi some persuaded. The property just be the same roua bench, seat, and. garage, and all of the bathrooms, a huge villa, including central heattine in a different locashelving are waitingno amemod-cons of a luxuryand a fully-fitted kitchen. tion.” Though there are to make ing, air conditioning, d of an acre of garden nities, it’s possible The sale includes one-thir with ng pool. up a bed on the floor and complete with a swimmi le bedding
Troll living
Royal investment
ron Costa del Th
the availab spend the night.
NK TANK AGE THI MORTG ede de Pola age broker Tancr
es
Your chance to play Game of Thrones for real
Mind the A MAN’S home is his casby mortg
A
September 27th - OctoberOctober 10th 2017 2017
after a sumS Brits return home del Sol, mer break on the Costa memories the grey skies and make of G&Ts on the beach Five must-dos before Spain ever more buying a property in g. signing on your new temptin five weeks, as the In fact in the last returned, Britproperty in Spain bulk of holidaymakers on the Costa home a for g ons searchin 44%. (see Take del Sol increased by you are signing. sure you know what a contract in the me Back, above). is vital. popular search broker e most the mortgag ile may only receive a Meanwh off on the price, You two contracts – one abroad included having To avoid being rippeddent surveyor to local language, or e and one in Engterms for properties view’. local languag an indepen ‘pool’, ‘beach’ and ‘sea about buy- instruct comparable in the and n serious are valuatio really the you lish. But if for an overfive key things check ies in the area. it comes to contracts ences of propert ing abroad, there areof. n sense, but al- When the consequ you MUST make sureensure the proper- It may seem like commoction issues too. seas property, in translation’ can be things being ‘lost First and foremost, in has been built ways check for constru hasn’t been built dire. Ensure the property ty you are interested factory founmay not be a true Some translations on poor soil with unsatis legally. that sub-standard version of the original, while otherst or depths, dation been used, or have the contrac have not bothered to building materials have Research built near flood plains translated at all, which is unthinkable! in areas that that it has been you are not Some have been built belt or agricul- or too close to nearby cliffs. y, check If you want to be sure charges or condiare set aside for green too close to If you are buying a new propertrecord. agreeing to extra check safest thing to do is a proer’s past building ture land, or are illegally or in a bro- tions, the who has lived in the develop the coast. As anyoneattest to, environ- No matter how glossy it looksthe prop- with an independent lawyer, who can verify the Spain for a while canhave been known chure, it’s essential you visit fessional translator to sure Be g. ies signing anythin ion. mental authorit night to get translata property overseas can be one built too near the erty before to demolish homes tered rural land. see it during the day and at Buying of what ever make, best decisions you shoreline or on unregisof unscrupulous a more rounded understanding it’s not next of thethe correct steps aren’t taken, it Secondly, be awareto take advantage it is like - and to make sure but if worst. agents who may try making them pay to a motorway or landfill site.sign, make could end up being the of foreign buyers by to. This is why And when you do eventually more than they have
steps
tle, and for a very fortunate few, those words aren’t just a metaphor. Following on from our last issue, where we reported on a Game of Thrones-style home that was put on the market in Estepona, here we have rounded up some real castles that are currently on the market in Spain.
709 743 or ging needs call: 666 ebureau.com e for all your mortga To contact Tancred call: 951 203 540 Email: tdp@thefinanac 29670 No. 7 Guadalmina, for insurance queriesCommercial Guadalmina, 2nOffice Centro The Finance Bureau
Cantabria, €1,800,000 This solid stone palace dates back to the 18th Century. It sits 24km from Santander airport on an idyllic plot of 4.4 hectares. The estate consists of the main building of 900m2, a combined outdoor and indoor swimming pool with a pool house and sauna, a garage for 4 cars, stables, a storage room and log storage for the winter, gardens, woodland and meadows. The main building is distributed over 3 floors and comprises of 5 ensuite bedrooms, a dining room with a fireplace, a living room with a fireplace and a fully fitted kitchen. The attic is a renovated open-plan room with low ceilings which can be used as a living or entertainment room.
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Badajoz, €14,500,000 This impressive Castle (left and above) along with an estate of 450 hectares is located in Badajoz region, just a 2.5 hour-drive from Sevilla. This impressive build belonged to the Military order of Alcantara and was built in the 13th century. It currently belongs to a family whose ancestors bought it in 1906 and undertook a multimillion euro reform leaving the castle in perfect condition.. The castle has about 50 living spaces but for the moment only 6 large bedrooms, 3 bathrooms and 9 lounges are used, the rest consists of offices, a small museum, rooms, bathrooms and reformed stables. Some lounges are used for events such as banquets and weddings although the owners live in the castle. There are hunting grounds where you can shoot wood pigeons, turtledove, thrush, wild boar and deer.
September 27th - October 10th 2017
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Barcelona, €3,500,000 This exceptional castle is situated just 10 minutes from Sant Cugat and would make a spectacular family home, boutique hotel or offices. The beautiful 12th century castle sits in a tranquil and private setting, 10 minutes from the town centre and 20 minutes from Barcelona. Originally constructed in the 12th Century, it was re-built 4 centuries later and still has the impressive original carved ceilings. The estate includes 3 hectares of woodland, some of which were originally vineyards. From the tower, there are wonderful views of the Pyrenees.
tRUJILLO, €1,300,000 This beautifully romantic 7-bedroom castle for sale is built into the walls of the historical, hilltop town of Trujillo. The main building measures 820m² and is distributed over 2 floors and a tower. It offers 7 bedrooms and 5 bathrooms, and boasts outstanding views over the local countryside. The castle is set on a plot of 1 hectare with an independent cottage, beautiful gardens and a swimming pool. An exceptional property with incredible views.
226m2 house and 1600m 2 plot
STUNNING: Dining room in Barcelona castle
Olot, €1,450,000 This property built in the 1100s has been described as a ‘superb’ opportunity to acquire an historic castle and establish a high-end boutique hotel business in one of Girona province's most beautiful medieval villages. The magnificent build is located close to the town of Olot and surrounded by the dramatic volcanic hills of La Garrotxa. The earliest documentation relating to the property dates back to 1147 and the building has undergone numerous modifications and extensions over the ensuing centuries. The tower, which has a Romanic door, is thought to be the original construction, dating from around the end of the 10th Century. The property is constructed over three levels and built around a large interior courtyard. Though the main structure is in good condition, the castle requires extensive renovation. The property would be ideal for an investor.
The safest way to conduct your legal affairs in Spain
www.fairwaylawyers.com Tel. 952 77 11 50 diego@fairwaylawyers.com
Central Office: C/ Nuestra Señora de Gracia 28 1º C 29602
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September 27th2017 - October 10th 2017 October
MORTGAGE THINK TANK Why you need a mortgage broker when buying in Spain
B
UYING a home abroad can fill you with dread, but it doesn’t have to. Whether you are looking for a permanent move or want to expand your property portfolio, the Finance Bureau can help buyers through the often-tricky process. Perhaps the largest and most complex part is actually financing the move. A small few are lucky to opt for cash transactions, but most buyers will need to take out a mortgage.
by mortgage broker Tancrede de Pola
Go for broker
Important
And getting financial advice is the most important thing to do before taking the property plunge. Much like its economy, Spain’s property market is on the up, and it has become the best time to buy in years. But despite an almost recovered Eurozone, it’s still difficult to get banks to finance your move abroad. In most cases you’ll have to arrange a loan with a bank
based in the country in which you’re looking to move to – which can obviously have its obstacles if you don’t speak the language or aren’t familiar with the country’s processes. That is where the Finance Bureau
can help Brits looking to move to Spain. We have established links to all the major Spanish lenders and act as the perfect go-between for the client and the bank – but it is important to remember that
the broker is not connected to the bank and works to find the buyer the best deal available. When buying abroad it is imperative to know how much you have to play with when scouring the foreign property market. This will be
To contact Tancrede for all your mortgaging needs call: 666 709 743 or for insurance queries call: 951 203 540 Email: tdp@thefinanacebureau.com The Finance Bureau Centro Commercial Guadalmina, 2nOffice No. 7 Guadalmina, 29670
dictated by various factors including the amount of deposit available as well as the level of income of the applicant. The primary income requirement will be from your work and those derived from your investments will also be taken into account. However, it is important to remember that banks will only take property rental income into account when declared with their relevant tax agency. They will generally not accept rental incomes derived from the property being financed, some exceptions being where these incomes are historical and properly accounted for in a Spanish SL setup. When looking for a property, mortgage amounts are measured against these incomes. The ratio with outgoings must be between 30 to 35% of your net income in order to qualify. But the best – and easiest – way to make sure your dream move abroad comes through with no hiccups is to talk to a broker… that is what we are here for after all.
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REAL ESTATE – INMOBILIARIA ref: R128-1466P
Manilva Beach Townhouse €307,000
ref: 128-01416P
Beautifully presented 4 bed, 2 bath, semi-detached, townhouse in an unbeatable location. Frontline beach, with spectacular sea views. Communal pool, allocated parking and private garden. 147m2 Build ref: 128-01437P
Casares del Sol, Casares €129,500
Doña Julia, Casares €230,000
ref: R128-01140
Los Granados, Duquesa, Manilva €419,000
ref: 128-01276P
ref: 128-01020P
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MA NILVA
Apt, Sabinillas Manilva €169,000 Apartment on a popular development in Sabinillas, just a stone’s throw away from the beach. It has a good sized living room, fully fitted and equipped kitchen, 3 bedrooms and 2 bathrooms. 90m2 Build
olive@hamilton-homes.com
SABINILLA S
Apt, La Noria IV Sabinillas, Manilva €185,000 Fantastic 3 bedroom apartment on the La Noria IV front line beach urbanisation in Sabinillas.This 3 bed, 2 bath apt has a fully equipped kitchen and terrace with sea views. 101m2 Build
A fantastic opportunity! 3 bed, 2 bath apt in this sought after luxury, frontline urbanisation. High specifications including marble flooring throughout, a fully fitted kitchen, built in wardrobes and air-con. 171m2 Build
tel: (+34) 952 890 444
Villa, Sabinillas Manilva €290,000 Detached house with private swimming pool and garden. Within walking distance to the beach and Sabinillas promenade with its many bars and restaurants. 126m2 Build
Stunning 2 bed, 2 bath apartment built to fantastic quality specifications. This ground floor apartment has spectacular views and it’s own garden. Furnished to perfection and sold as is. 127 m2 Build ref: 128-01329P
Marina Duquesa Manilva €210,000 Front line beach apartment has two bedrooms, two bathrooms and a fully fitted and equipped kitchen. Spacious terrace, 4 swimming pools, gym, 2 paddle tennis courts and a small library. 84m2 Build
Excellent two bedroom apartment, has a lovely orientation and is light and airy. Beautiful terrace views of the mature community gardens, swimming pool and Casares mountains. 88m2 Build ref: 128-01467P
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September 27th - October 10th 2017
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BUSINESS
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September 27th - October 10th 2017
Grounded! RYANAIR could be forced to pay out up to £60 million in compensation to holidaymakers over cancelled flights. The budget airline has been forced to axe more than 2,000 flights between nown and October 28, affecting an estimated 400,000 passengers. The vast number of flight cancellations has been attributed to 140 Ryanair pilots defecting to rival airline Norwegian in 2018 - leading to pilot shortages.
Money Transfers with a 5 star September 27th - October 10th 2017 rating from customers sending money to & from Spain. Why 5 stars? Market Price
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Budget airline facing huge fines over mass cancellation disaster Further problems were caused by restrictions on pilots using their annual leave over the summer, resulting in a backlog. Many staff were forced to use holiday quotas in the autumn and unbreakable EU rules on flight time limitations restricted pilots who were still available.
Tax free THOSE inheriting €1 million or less will now be exempt from inheritance tax in Andalucia. Parents will also be able to gift up to €1 million while alive tax-free providing the funds are used to establish a business or other jobcreating enterprise. The changes brought in by Junta boss Susana Díaz put an end to growing political tensions since she lowered the tax for the first time in 35 years last year. The agreement has won favour with regional Ciudadanos leader Juan Marin, who signed the deal with Diaz. The move is described as having earned Diaz’s PSOE a ‘valuable ally’ in Ciudadanos.
Ryanair has announced flights departing and arriving from Malaga Airport are to be affected. Coby Benson, Flight Delay Legal Manager at Bott & Co, said passengers should be aware of the full amount of compensation they are entitled to under European Union law if their flight has been cancelled. “As these circumstances were within Ryanair's control they will have to bear the cost of this mistake and pay passengers compensation of up to €600, where their flights were cancelled with less than 14 days notice," he said. Michael O´Leary, Ryanair CEO said: “This is a mess of our own making. I apologise sincerely to all our customers for any worry or concern this has caused them over the past weekend,” he said. However, with an estimated £500 million wiped off its market value and its reputation amongst customers undergoing major turbulence it remains to be seen whether Ryanair can recover from this corporate nosedive.
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From October 10th to 28th
SHOWING 2018 MODELS 8 SPECIAL PROMOTIONS ON STOCK
NO LUNCH BREAK!!!
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