Friday 30 September 2011

Junta de Andalucia has still not past the decree to legalise the irregular homes


As I have previously written, the Junta de Andalucía has been working on a decree which would enable many of the current illegal properties in Andalucía to finally be legalised.
The decree on the illegal properties was meant to have been ready within six months of its announcement back in March but is still not ready and the provincial delegate for Public Works and Housing has stated that will not be ready until November, more than likely December.
So there are still around 50,000 home owners of illegal properties in Andalucía that will have to wait several more months before the new regulations come into force. Once they are it is hoped they will be able to start the process of legalising their properties.
According to the Junta de Andalusia’s legal department, they have only started to study the recommendations recently as the information was presented to them in July. It is expected to take several more months as the relevant legal experts have to make sure that the new decree will not contravene any existing documentation. Once they have confirmed this, it will then more onto the Junta’s Government Committee to approve it.
In the meantime, while the affected property owners wait, they are still in the situation where they do not even know is the new decree will even benefit them. Although a minority, there are property owners who cannot show any documents showing they bought in good faith. If these properties comply with the safety and habitation conditions and were built long enough ago that the period of legal action has expired, then those properties will be moved into a special property classification.
Unfortunately, although I hope I am wrong, I do not think this will end well for all 50,000 property owners.
Regards
Andrew Bellés

Wednesday 21 September 2011

Changes to Spanish eviction law


In what we are seeing as quite a positive move, the Spanish government has recently passed a law to help stimulate the property rental market by making the eviction process much easier and simpler for landlords. Until now, the rental market for Spanish property has always been quite anaemic due to the lack of protection afforded to landlords, with one of the main issues being the length and difficulty of removing non-paying tenants. But it appears this is to change.
The new law should allow for the possibility of a direct execution of an eviction order of less than 15 days and without any other formalities in the case of tenants who do not voluntarily leave the property in the stipulated time.

Wednesday 14 September 2011

Mijas Pueblo Villa for sale

Reduced for quick sale, a fantastic chance to purchase a 5 bedroom home, walking distance from Mijas Pueblo, with incredible uninterrupted views of the Mediterranean, the mountains and the village. This spacious 2 floor villa is set in mature gardens with swimming pool and large terraces offering privacy but still close to all amenities. 4 large bedrooms 3 bathrooms of which 2 are en suite are on the lower floor while the fifth bedroom on the upper floor is currently used as an office.A private driveway plus garage and double carport offers ample parking for any occasion. This property also offers a second neighbouring plot of land included in the price but with a separate title deed. A real bargain that needs to be seen to be properly appreciated.

Price: 650,000 EUR

Mijas Pueblo villa for sale

Tuesday 13 September 2011

Malaga property down 35%

The number of homes sold in Malaga in the second quarter of 2011 reached a total of 3,464 transactions, representing a fall of 35% compared to the second quarter of 2010 according to data published by the Ministry of Public Works. The fourth largest fall by province in Andalusia

The data indicates that 17,977 transactions were conducted Andalusia, representing a fall of 34.3 percent from the second quarter of 2010, according to the statistics of real estate transactions compiled by the Ministry of Development, who pointed out that this decline is less pronounced than the national trend, where the number of homes sold during the second quarter stood at 90,746 homes, representing a 40.8 percent less than the same period in 2010.

Compared to the first quarter of 2011, home sales in Andalusia increased by 18.6 percent, while Malaga saw an improvement of 21.8 percent. It should be noted that the 1st quarter of 2011 saw similar decreases compared to 2010.

As for new housing in the second quarter, sales fell by 52.4 per cent to 5882 dwellings, whereas in the case of second-hand housing, there were 12,095 operations, 19.3 percent less than in the second quarter of 2010.

By provinces, Malaga recorded 4602 transactions, 35 percent less than in the second quarter of 2010, Seville reached the 3464 transactions, 34.2 percent less, Granada there were 2256 transactions, a 30.1 percent less than in the second quarter of 2010, in Cadiz 2164 transactions were recorded, 40.1 percent less, in Almería there were 1842 transactions, 38.6 percent less compared to the same quarter last year.

In the other provinces also saw declines, as in Huelva, a decrease of 20.8 per cent to 1446 transactions, were registered in 1192 Córdoba transactions, 38.8 percent less than in the second quarter of 2010; Jaén and 1011 operations were recorded, 27.6 percent less.

There are many theories regarding these decreases, including the impending elections, the property tax breaks that ended at the end of 2010, etc…

Source: Costa del Sol property blog