Saturday, 8 June 2013

Murcia Airport

The 'Will it or won't it open?' question still remains unanswered.  I am referring to the new airport at Corvera, Murcia.  It is built, the new roads are finished, the runway lighting is in place, even the signposts are up, approach flight paths decided and, we are told, the necessary licences have been granted.  The only things missing are passengers and planes.

The latest twist, according to Murcia Today reports, is that Ramon Luis Valcarcel, the President of the regional government, has rescinded the contract to run the airport with the concessionary who built it.  The airport was built using private money but with a 200 million euro guarantee on the loan by the regional Murcia government.  The concessionary has no money left to fund the running of the airport.  Talks with Aena, who manage the state run airport system, have resulted in a tentative agreement that Aena are prepared to run Corvera, but unsurprisingly, there are complications.

When the military airport at San Javier opened to the public to cash-in on tourism and the property boom, both of which had up until then predominantly by-passed Murcia, Aena invested heavily in facilities, constructing the terminal building, the control tower and a second runway, investment totalling 70 million euros.  The plan back then was to keep these facilities in use when Corvera opened, but provision was made that should the military want the airport back for exclusive use then they would 'buy' the facilities built by Aena.  The plan to run two airports just 20 minutes drive apart in a region with limited demand for international travel, and still only an hour from one of Spain's busiest international and tourist destination airports, Alicante, was flawed from the outset, with wildly optimist predictions on passenger numbers.

Now Aena are saying, if reports are to be believed, that they will run Corvera instead of San Javier, it raises two major questions.  Who is going to compensate the concessionary for the loss of ability to see a return for their investment in Corvera?  And who will compensate Aena for their investment in San Javier?  The regional government of Murcia does not have 200 million euros to repay the loan it guaranteed.  The military are not interested in buying the facilities for 70 million euros at San Javier.  It seems that once again, despite all the meetings and debate, the stalemate remains.  If there is anything we can be sure about it is surely that Corvera Airport is not, as widely publicised, opening in 2013.

Tuesday, 21 May 2013

3 Bed 2 Bath
Townhouse in VILLAMARTIN

Ref: SDP949
Type: Townhouse
Area: Costa Blanca South / Alicante
Town: Villamartin
Beds: 3
Baths: 2
Pool: Yes
Price: €104,950
Description: SPACIOUS 3 BEDROOM 2 BATHROOM TOWNHOUSE VIEWING ESSENTIAL - GREAT PRICE A very well presented 3 bedroom townhouse just a few minutes drive to the Villamartin golfcourse and approx 10 min drive to the beach. • Communal swimming pool • Private roof solarium • Off road parking/patio area • Balcony from master bedroom • Close to amenities





 

Tuesday, 14 May 2013

Due to a cancellation

Book your holiday now! Due to a cancellation time now available between June 20th and July 14th. www.house-by-the-pool.com
 
 

 
www.spanishdreamproperty.com

Monday, 6 May 2013

REDUCED FROM 239,950 EUROS to €187,500

4 Bed 2 Bath
Country Property in ORIHUELA

Ref: SDP1535
Type: Country Property
Area: Costa Blanca South / Alicante
Town: Orihuela
Beds: 4
Baths: 2
Pool: Yes
Price: €187,500
Description: LOVINGLY RESTORED 4 BED FINCA REDUCED FROM 239,950 EUROS - VIEWING HIGHLY RECOMMENDED A lovely country finca with stunning mountain views and open countryside on a good size plot. The property consists of the main finca with 2 bedrooms 1 bathroom plus guest accommodation in a separate annex with 2 bedrooms 1 bathroom. • Private swimming pool • Pretty secluded garden and patio areas with covered BBQ • Carport and workshop • Ceilings with a wealth of exposed beams • An assortment of fruit trees 

Sunday, 5 May 2013

Association of International Property Professionals

Just to let you know Spanish Dream Property is a full Member of this Industry body. We got our full Membership on 27/11/2012.

Saturday, 27 April 2013

Ref: SDP1725 A great Villa

3 Bed 2 Bath
Villa / Detached in PINAR DE CAMPOVERDE

Ref: SDP1725
Type: Villa / Detached
Area: Costa Blanca South / Alicante
Town: Pinar De Campoverde
Beds: 3
Baths: 2
Pool: Yes
Price: €161,995
Description: 3 BEDROOM 2 BATHROOM DETACHED VILLA VIEWING IS HIGHLY RECOMMENDED This exceptional villa offers good living accommodation plus great views to the Mar Menor and beyond. The easily maintained garden is paved and planted with orange, lemon and mandarin trees. Just a 10 minute drive to the beach and 5 minutes to golf course. • South facing private swimming pool with good size patio area • Glazed terrace with open views to the sea • Private driveway • Large upper sun terrace with sea views • Air conditioning fitted plus log burner
 
 
 

Saturday, 20 April 2013

North Costa Blanca Last Year 2012

Last year, 2012, we asked you to name your favourite town on the Costa Blanca or Costa Calida. The clear favouite was Cartagena, a beautiful and historic city and naval port in Murcia. If you've never been there it's worth a visit!
In joi...nt second place came Torrevieja, Benidorm and the town of Orihuela Costa (La Zenia, Cabo Roig, Playa Flamenca etc).
This year we are splitting the vote into towns north of Alicante and those south of Alicante and you can vote on both.
So from the map below name your favourite town north of Alicante.

Sunday, 14 April 2013

Owning a house on the Costa Blanca or Costa Calida

 
May 25 2013 at 10:00am until May 27 2013 at 4:00pm
  •  
    Free Personal Consultation. Come & meet us & ask us everything you have always wanted to ask about owning a house on the Costa Blanca or Costa Calida. Buying for holidays, investment or re-location, we are here to help. Book your free consultation by emaling info@spanishdreamproperty.com or text SDP with your name to 07889 362950 and we will get back to you or call 01603 415296.
  • Sunday, 7 April 2013

    Q. Is it best to buy a bank repossesion?

    Q. Is it best to buy a bank repossesion?
    A. Frankly, in most cases, NO! The exception being that if you need a 100% mortgage there are a few bank repos that have them. However we do have bank repos on our site that are worth considering. Most repossesed properties never make it to the open market. The good ones are sold by the banks to their known list of investors or purchased by bank staff. ... The ones left are the ones that are less in demand due to location or condition or the fact that the amount the bank needs to sell it for is higher than the current market value. Re-sales are often furnished, are open to offers and have been in regular use so everything is working. Bank properties have no furniture, are generally a fixed price and may have been empty for two or more years, leading to problems of dried-out pipes etc. Remember in Spain the debts relating to the property are passed on at sale to the new owner, so be very careful that you do not sign the papers until you are 100% sure the bank have settled all outstanding bills!
     

    Tuesday, 2 April 2013

    Guardamar

    If you live within travelling distance of Guardamar and would like to explore it further why not take a ride with Guardamar's tourist train.The tour includes La Senda de la historia, the castle, the archaeological site of La Fonteta and remains of the Phoenician city harbour. The tour price is 6€ for adults and 3€ for children aged to 12. A guide is available in English on Fridays and the ticket includes free admission to the Municipal Archeological Museum.
    Reservations can be made at Guardamar Tourist Office. As there is a maximum of 15 people per tour it is important that you reserve a place by calling 965 724 488 or emailing
    turisme@gmail.com

    Why should I use a Spanish solicitor

    Q. Why should I use a Spanish solicitor, surely I can save money by doing it myself?
    A. Unless you are a fluent Spanish speaker and reader, and well versed in Spanish property law and conveyancing, don't even think about not using a solicitor! Use an independent, bi-lingual and recommended one. Ensure everything you sign is in both Spanish and your own mother tongue, (verified translation). As regional laws and taxes vary use a solicitor that regularly does conveyancing in your chosen area.

    Tuesday, 26 March 2013

    Why does it cost so much to buy a property in Spain?

    Q. Why does it cost so much to buy a property in Spain?
    A. The simple answer is TAX. As is common in other mainland European countries there is far more tax payable when purchasing than you would pay in the UK. As a guide: in Alicante the transfer tax is now 8%, in Murcia it is 7%, then you pay stamp duty of 1%, your Notary and Land Regisrty fees will be another 1000 euros and expect your solicito...r's costs to be 2000-2500 euros. It is NOT a straight 10% as the media have often stated. On new properties there is no transfer tax but you pay IVA (Spanish VAT) at 10%. The payments are callculated on the property value which is not always the same as the actual amount paid for the property.
    Call or email for more details info@spanishdreamproperty.com +44 1603 415296.

    Saturday, 16 March 2013

    Foreign buyers flooding back into the Spanish property market

    Foreign demand is the only dynamic segment of the Spanish housing market, and non-resident foreigners now make up a third of all buyers in the Valencian Community.


    The number of non-resident foreigners who bought holiday property in Spain last year rose by 28.4pc to 38,312 buyers, according to figures from the General Council of Notaries, reported in the Spanish press.

    Some buyers may have bought more than one property, so the actual number of properties sold to foreign non-residents last year is likely to have been even higher.

    House purchases by foreign non-residents are now almost back to their pre-crisis levels of 41,787 in 2007, when the market was already showing signs of cooling.

    Foreign buyers are being lured back to Spain by lower house prices and fewer town-planning and property related scandals that so blighted Spain’s reputation at the tail end of the boom.

    The surge in foreign demand last year was not evenly spread, however.

    Foreign purchases doubled in Catalonia and increased in the Valencian Region, but fell in Murcia and Andalusia, according to the Notaries. There were 204 foreign buyers in Madrid last year, an increase of 200pc on 2007.

    Nowhere are foreign buyers more important than the Valencian Community, home to the Costa Blanca and Costa del Azahar. Said Vicente Dómine, head of the Housing and Public Works Department of the regional government “the purchase of homes in the Valencian Community by foreign citizens was 29pc of the total, representing a rise of 32pc on 2011, and income of 1.6 billion Euros,” in comments to the press. “The property market of the Valencian Community is recovering thanks to purchase of homes by foreign citizens,” he said.

    The Russians are coming


    Russians are now the second group of buyers behind the British, and ahead of the French, whilst the Norwegians and Belgians have overtaken the Germans, who have fallen into sixth place. Italian demand collapsed, reflecting economic problems at home, whilst the number of buyers from North Africa has ticked up, as the Arab Spring turns to winter.

    Lower Spanish house prices


    Foreign non-resident buyers spent an average of €230,000 on Spanish property last year, down 28pc from €320,000 at the end of 2007, and 42pc above the €160,000 mark the Government has floated as the price for getting a residency permit thrown in with your house-purchase.

    Tuesday, 19 February 2013

    Valentine's meal

    Friday evening we had a delayed Valentine's meal at Las Cuevas restaurant in San Miguel. The restaurant, (as the name suggests), is in one of the town's cave houses and was very cosy and atmospheric. The food was lovely - freshly roasted and sea salted almonds were brought to the table, followed by 3 starter courses; a wonderful fish mouse with salad and crispy bread, then sarano ham croquets, followed by a a medley of roasted vegetables in a tartlet. Main course was a choice of a local fresh fish or very succulent roast calf both served with fresh local vegetables. Also a choice of desserts, coffee, wine and Cava included. Not a word of English could be spoken by the waitress and the other dinners were Spanish, which added to the experience!

    We found this link on youtube have a look great place http://youtu.be/93UYd8vY_bs or have a look at our facebook page
    https://www.facebook.com/pages/Spanish-Dream-Property/204019259614697?ref=hl

    www.spanishdreamproperty.com

    www.twitter/spanishdp

    Tuesday, 5 February 2013

    3 Bed 2 Bath in FORMENTERA DEL SEGURA




    3 Bed 2 Bath
    Apartment in FORMENTERA DEL SEGURA

    Ref: SDP1665
    Type: Apartment
    Area: Costa Blanca South / Alicante
    Town: Formentera Del Segura
    Beds: 3
    Baths: 2
    Pool: Yes
    Price: €56,950
    Description: BRAND NEW 3 BEDROOM 2 BATHROOM APARTMENTS GREAT VALUE These 3 bedroom 2 bathroom ground floor apartments are located in the lovely Spanish town of Formentera del Segura with its local amenities including bars, restaurants, supermarkets and banks. White goods & furniture pack available at a reduced price of just 3,000 euros. • Communal roof top pool with stunning views to mountains • Communal roof solarium • 10 minutes drive to the beaches of Guardamar • 35 minutes drive to Alicante airport • ORIGINALLY PRICED AT 113,000 EUROS

    Tuesday, 22 January 2013

    A little taste of Costa Blanca South

    http://youtu.be/rHSE6lMm8jw
    Just to get a taste of the Costa Blanca south

    Villa / Detached in SUCINA Price: €104,995

    3 Bed 2 Bath
    Villa / Detached in SUCINA
    Ref: SDP1555
    Type: Villa / Detached
    Area: Costa Calida / Murcia
    Town: Sucina
    Beds: 3
    Baths: 2
    Pool: Yes
    Price: €104,995
    Description: 3 BEDROOM 2 BATHROOM VILLA ** PRIVATE POOL ** A well presented 3 bedroom semi detached villa located in the lovely Spanish village of Sucina. Early viewing recommended. • Private swimming pool • Roof solarium and terraces • Private driveway • Furnished and air conditioning fitted • 15 minutes drive to the beach and airport
    http://www.spanishdreamproperty.com/index.php?action=listingview&listingID=48309

    Tuesday, 15 January 2013

    2012 – Worst Property Markets

    2012 – Worst Property Markets
     1 Holland
    2 Slovenia
    3 Greece
    4 Portugal
    5 Ireland
    According to Colordarcy, the property agents, Ireland, Portugal, Greece, Slovenia and the Netherlands were the worst performing property markets of 2012. There seems to be a mix of criteria. Ireland was in fifth place, with prices 55 per cent off their peak. The Netherlands was in first place on the basis that prices fell some 8 per cent in Q4.
    Key point going forward into 2013? Despite your bottom-fishing inclinations, Colordarcy suggest you avoid these markets in 2013. ‘At least investors can now look forward to 2013, with property still the number one investment choice for financial gain. Unfortunately, it is unlikely we will see any gains or improvement in our ‘5 Worst Property Markets of 2012’.
    Nice to know Spain was not in this top 5
    www.twitter.com/spanishdp
    www.spanishdreamproperty.com

    Sunday, 13 January 2013

    3 Bed 2 Bath + Pool in Campoamor Costa Blanca

    Ref: HE5748
    Type: Villa / Detached
    Area: Costa Blanca South / Alicante
    Town: Campoamor
    Beds: 3
    Baths: 2
    Pool: Yes
    Price: €245,000
    Description: This very spacious 3 bedroom, 2 bathroom detached villa is located in Campoamor and within easy reach of all the local amenities, shops, restaurants, beaches and there are three golf courses within a couple of minutes. The property is situated on a large, very private corner plot with high walls and a private 8x4 swimming pool, ample terraces, garage and wooden chalet of over 20m². Inside, there is a large glazed porch with door leading to a solarium with sea views, a large lounge with open fireplace and patio doors on to a sun terrace, a separate dining room (formally the third bedroom), independent kitchen, family bathroom and two double bedrooms with the master having a very large en-suite and walk-in wardrobe check out the link


    http://www.spanishdreamproperty.com/index.php?action=listingview&listingID=47487

    www.spanishdreamproperty.com