Posts Tagged ‘for sale’

Home Prices in 20 U.S. Major Cities fell in July 2011

Thursday, September 29th, 2011

Home prices in 20 metropolitan areas across the U.S. fell 4.11 percent in July compared with same month in 2010, according to S & P / Case-Shillers index.

According to Bloomberg News survey expected analysts that prices would have fallen by 4.40 percent year on year.

 

The corresponding index for the previous month showed that house prices fell a revised 4.40 percent compared to same month the year before (-4.52).

Compared to the month before, prices, seasonally adjusted, by 0.05 percent in July, after a revised gain of 0.04 percent the previous month (-0.06).

Best Development in July, compared with the corresponding month in 2010, reported from Detroit, +1.22 percent, and Washington DC, +0.32 percent.

The largest price declines reported from Minneapolis to -9.10 percent and Phoenix with -8.85 percent.

 

In New York prices fell 3.72 percent in July compared with same month a year earlier, in Los Angeles prices fell by 3.53 percent and in Chicago prices fell by 6.65 percent. S & P / Case-Shillers Index is based on repeat sales, and therefore provide a more accurate picture of price trends than indicated in the sales of existing homes. The limited sample size may mean that the index overstates both price increases and price drops compared to the broader measure of progress for the American house prices.

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Related articles;   Home Prices in 20 U.S. Major Cities falling most in June 2011

Fewer existing house purchase in the U.S. in July 2011

New homes construction in U.S. fell in July 2011.

House prices continue to fall in the U.S.

New homes construction increased in U.S. June.

U.S. Fall on existing homes sales in April 2011

U.S. Housing Market Closely Brightening
Sales of Existing Homes fell in U.S. in April 2011
U.S. new home sales rose 11.1% in Mars

Sales of Existing Homes in U.S. Increased in March 2011.

Home Prices in the U.S. Continues to Fall

U.S. New Home Sales Plummet 16.9% in February

 U.S. Existing Home Sales Fall Sharply in February

U.S. Housing construction fell sharply in February

U.S. Housing Crash Worse than NAR Reported

Housing construction falls in December in the U.S.

Home Affordable Modification Program (HAMP) fiasco for Obama.

Housing construction in the U.S. less than expected in November 2010.

 Fall for existing home and houses sold in the U.S.

 House prices rise in U.S. in August

House prices rise in U.S.

Housing construction rush in U.S.

Existing-homes US sales fell Plunge 27.2 percent in July

Housing construction weaker than expected in the U.S.

Unexpected decrease in sold homes in U.S.

 House sales in the U.S. increases in April 2010 compared with 2009.

Sales of new single family houses in the U.S. rose by 26.9 % in March

Sales of existing property in the U.S. have increased the first quarter of 2010.

Continued bankings death in the U.S.

More than expected, buying homes in the U.S.

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How to buy Marbella Villas and Rent Properties

Tuesday, September 6th, 2011

Marbella villas or Marbella apartments as an investment is the question. Many people are buying property in Marbella purely as an investment, intending to rent out the property for as many weeks in the year as possible and also see good capital appreciation, as opposed to putting their money into pension schemes which have been performing very poorly. So how do you decide where and what properties are likely to give you the best return?

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Marbella’s climate is such that year-round rentals can be achieved as winter temperatures average around 20/22C daytime average maximum, making it the warmest part of Europe in the winter. But this has an affect on property prices, making them quite high in comparison to resort areas in some other countries. However, the large number of new properties being built on the island, especially in Puerto Banus, is helping to stabilize prices, so it will be easier to afford to buy Marbella apartments or Marbella villas.

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So firstly of course, you have to decide on your budget. As in any resort area, the further away from the coast you buy, the more you’ll get for your money. However, the further away from the coast the property is, the harder it is to rent it out. Marbella has the advantage of being quite a small place so no matter where you are, you are never more than 20/25 minutes drive to the coast. Realistically though, to achieve a high number of weeks rental, you need to buy in one of the 3 main resorts .

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Your budget will determine whether you can afford a Marbella apartments or a Marbella villas. Which ever one it is, a swimming pool is essential – in the case of a villa, a private one which is heated. So, your main criteria are ideally to be as centrally located as possible close to cafes, restaurants, bars and supermarkets so that holidaymakers don’t have to hire a car if they don’t want to, to be close to the beach, and to have a pool.

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If your budget is quite high though, and you contact a realtor or a real estate agency in the area, then there is a big market for those people who hire a car and want to stay in a quiet peaceful area a bit away from the resort centre. When you go to look at a property, take a few photographs of the outside and inside and have a look at them before you decide on a purchase the properties.

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The photographs are what sell the property. If the property doesn’t take a good photograph, it is unlikely to do well for rental. To determine what rental income you are likely to achieve, have a look at similar properties Marbella villas in the area on rent Marbella sites and see what they are charging. If these sites have availability charts, this can give you some guide as to their success in attracting rentals.

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Buy a Marbella villas in the right location, present it and market it correctly, and you can realistically achieve 30 to 40 weeks occupancy in your first year. Along with the capital appreciation, is not a bad investment for Spain and Spanish properties being sold in the market at this moment.

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Marbella Apartamentos de Lujo y Apartamentos en Venta
No to the San Pedro Alcantara become its own municipality
Marbella Apartments und Luxus-Wohnungen zu kaufen.
6500 fewer companies in four years in Malaga Province
About 50 Claveleras identified in Malaga Town
Former FC Barcelona manager sentenced to six years in prison
1.000.000 vacation in Hotels in Malaga Costa del Sol
Marbella Malaya thief Roca is unemployed, dismissed because of absence
Spain Reduced VAT on the purchase of new constructed homes to 4 %
Over half of Marbellas revenue goes to staff salaries
Spanish airports increase in passengers
Luxury yachts floating in crisis in Marbella on the Costa del Sol
The properties market in Marbella is on the move

British buyers lost in court of irregular Marbella property.

More than five million foreigners in Spain

Cheaper to smoke in Spain
Marbella disco Dreamers convicted of plagiarism
Mijas municipality makes Facelift immediately after election
Spain provincial capital cities are anything but Economic

12.000 families have evicted in Malaga province.

Marbella city for parking fees on July 4

Marbellas residents call for better health care
Prices have fallen on properties with 25% on Costa del Sol in 4 years.
Morocco wants half of the revenue from the Alhambra in Granada
Criticism of pastry sales on the beaches of the Costa del Sol
Fuengirolas old municipal Town Hall building will be hotel
Mijas municipality is committed to building
Two thousand construction companies could shut down in 2011
Marbella San Pedro tunnel opened to traffic in December
Delays in the Malaga metro building
Illegal constructions become legal property in Costa del Sol.

 

 

House for Sale fantastic prices now Marbella Costa del Sol

Friday, June 10th, 2011

The houses may not be as expensive as you think … A quick web search gives almost 2.000 results if you search for apartments in Malaga up to 100.000 Euros.

An example: Apartments in Malaga City, 150 meters from the water, south facing sea views, super reduced price: 100,000 euros, or for those who still remember the house prices in both currencies: 62 m2 to 16 million pesetas. It is of course the crisis that has made this situation possible; it has forced many homeowners to sell almost anything.
 
Chairman of the real estate brokers’ association in Malaga, Cayetano Rengel, confirming that there really is super deals on the market today. – In 31 years I have been in the business, I have never experienced anything like it. The construction boom best properties had a shot price of four million, and sold ten times more expensive, “he says. Property sales plummeted during the period 2007 to 2010 with over 45 percent, from 38.976 units to 21.110 units. The price for one square meter has been reduced from 2.254 Euros in 2007 to 1.826 Euros in 2010. This represents almost 20 percent, and there are no signs of improvement. So if you want to make a super deal, take the opportunity now, you can find deals like this from Cabopino Marina in Marbella:

 

Luxury apartment near the beach, the marina and golf courses of Cabopino Port, Marbella. 84 m² with two bedrooms, two bathrooms and communal pool. Before 239.000 euros – Now 199.000 euros ”

 

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Huge activities of illegal rental market in Costa del Sol Province
The Italian Mafia prefers Costa del Sol in Spain.
Malaga airport change its name to Malaga Airport-Costa del Sol
The cultural level of Marbella is very low.
Andalusia unemployment decreases in April and May
Spanish Flight Delays in Summer
Spanish tax authorities miss 30 billion Euros black market
Properties prices in Marbella, Costa del Sol, Spain
Marbella apartments and luxury Marbella apartments for sale
Malaga province municipalities has a huge mountain of debt
Marbella has a high risk of forest fires this summer
Marbella Municipal leaders announce more savings in Marbella
Fuengirola municipality would able to receive cruise ships.
Spanish giant privatization of state lottery  

 

Marbella apartments and luxury Marbella apartments for sale

Saturday, June 4th, 2011

Most people think that renting a downtown property Marbella or renting Marbella villas in general to save money is a weird idea. Many think that renting an apartment is like throwing money away each month, for something that will not be their own. Many may believe it as such, but this is not always true. There are indeed a lot of benefits in purchasing your own home and building equity, but homeowners equally benefit financially by renting apartments compared to purchasing a house.

 

Yes, it is true that you don’t get to own the Marbella apartments you pay every month and with each monthly mortgage payment you get to come closer to owning the home you want. But the story doesn’t end here. There are things that people overlook wherein they can actually save money by renting a property at the moment.  Renting a small apartment can give a lot of people the chance to save, to be able to buy their own property in the future. This is actually true. Renters who sacrifice at the moment can indeed be able to save much money and be able to buy their own home in the near future. If you hire a real estate agency, make sure you get to view the best Marbella properties.

 

Generally, the value of an apartment is based per square foot. Of course, this certain value is different in each property, even when they are in the same area. In conclusion, smaller apartments will be less expensive in total. In this case, renters feel a lot more comfortable and they will be able to stretch out their budget to start saving their money.

 

The monthly rent is not the sole factor which prevents them from saving money. When you want to save money and you are renting, think of other factors – like entertainment. For example, instead of going out to eat, a luxury Marbella apartments have equipped kitchen. So why not just cook and eat at home? Doing just this can allow a renter to save a significant amount of money yearly.

 

There are people who like spending on superfluous items. These people are the ones who usually have a hard time saving while they are renting. The initial way to save money is to check on all your expenditures and define which ones are not practical. This way, you can cut down and save money by taking away the most un-useful things in your list. Another thing that you can do is to enroll in a debt consolidation program to decrease your monthly bills – but this is not the only solution. You can also cancel your subscriptions to premium movie channels, magazines, or minimize cell phone plans. You may also opt for a more affordable insurance plan such as having your car and renter’s insurance be carried by the same provider. Most insurance providers offer discounts to people who do these, therefore, savings to you. These simple changes will not affect your life big-time, but will definitely allow you to have more savings when you decide to buy a Marbella apartments for sale. More and more savings will bring you a lot closer to owning your own home.

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Related articles;  Malaga province municipalities has a huge mountain of debt
Marbella has a high risk of forest fires this summer
Marbella Municipal leaders announce more savings in Marbella
Fuengirola municipality would able to receive cruise ships.
Spanish giant privatization of state lottery

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Sales of Existing Homes fell in U.S. in April 2011

Friday, May 27th, 2011

Homes sales fell in the U.S. Sales of existing homes in the U.S. fell by 0.8 percent in April, at an estimated annual rate of 5.05 million existing homes for 2011. According to statistics from the National Association of Realtors, NAR. Analysts had expected that sales would have risen by 2.0 percent, to an annual rate of 5.20000000 homes, according to Bloomberg News forecast average. Sales rate in March was revised 5.09 million units (5.10). The supply of existing homes for sale, in relation to the current sales pace, rose in April and “layer” is sufficient to cover sales in 9.2 months, compared with revised 8.3 months in March (8.4). Media price fell 5.0 percent to 163.700 dollar, compared with the corresponding month of previous year.

 

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Sales of Existing Homes in U.S. Increased in March 2011.

Home Prices in the U.S. Continues to Fall

U.S. New Home Sales Plummet 16.9% in February

 U.S. Existing Home Sales Fall Sharply in February

U.S. Housing construction fell sharply in February

U.S. Housing Crash Worse than NAR Reported

Housing construction falls in December in the U.S.

Home Affordable Modification Program (HAMP) fiasco for Obama.

Housing construction in the U.S. less than expected in November 2010.

 Fall for existing home and houses sold in the U.S.

 House prices rise in U.S. in August

House prices rise in U.S.

Housing construction rush in U.S.

Existing-homes US sales fell Plunge 27.2 percent in July

Housing construction weaker than expected in the U.S.

Unexpected decrease in sold homes in U.S.

 House sales in the U.S. increases in April 2010 compared with 2009.

Sales of new single family houses in the U.S. rose by 26.9 % in March

Sales of existing property in the U.S. have increased the first quarter of 2010.

Continued bankings death in the U.S.

More than expected, buying homes in the U.S.

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International Monetary Fund IMF warns Spain of lost generation

Saturday, May 14th, 2011

International Monetary Fund IMF warns for that the high youths unemployment in Spain can do to an entire generation is lost. The latest report from the IMF does not modify any of the expectations for the Spanish economy. However, Spain treated in several ways with Greece, Ireland and Portugal. The greatest concern expressed IMF for the high youth unemployment in Spain, which is around 40 percent. One important reason is said to be that many young people gave up his studies for high salaries in the construction industry and that after the crash did not succeed in finding another job.

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Unemployment
gives Spain’s government some breathing room

The number of registered unemployed fell in April for the first time in four months, with 64.309 people. The numbers of unemployment are usually associated with Easter, but this year’s decline was the largest since 2006. On 1 May, the total number of registered unemployed to 4.269.360. Monthly figures differ to a large degree from the quarterly reports, which last imply almost five million unemployed. The quarterly figures deemed most credible and which forms the basis for EU comparisons. It is normal tourist and service sector which contributes to more jobs for Easter. Three of four new jobs in April were just in this sector, although the unions point out that many seasonal jobs.

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Zapatero Looking for Oil Money to Save Spain Economic

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276.000 Properties for sale on the Costa del Sol.

Tuesday, May 10th, 2011

Estate agents in Costa del Sol in Spain have now get a extra impetus by the Spanish Development Ministry that attracts foreigners to buy a home along the Spanish coast, Costa del Sol. Domestic consumption is paralyzed because of the crisis and therefore has companies more and more started to look towards foreign countries. If local people do not buy, are the buyers in other countries.

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Last week began Development Ministry Ministerio de Fomento effort to visit several countries like Sweden, Britain, France, Germany, Holland and Russia. The goal is to attract buyers for apartments, townhouses and villas on the Costa del Sol and Spain.

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Spain’s Development Minister José Blanco, referring to statistics showing that along Spain’s Mediterranean coast, plus the Canary Islands is 276.000 available apartments, townhouses and villas for sale. Unfortunately, those statistics are totally mistaken wilting, the figures are probably double those, about 500.000 unsold properties when many sellers have not submitted their properties to the Spanish estate agents or trying to sell their homes themselves.

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The large number of unsold apartments also affects other industries, such as the construction industry. “The large number of unsold apartments is just one problem. Another problem is that banks do not give mortgage credit. As long as there is a large stock of vacant homes and demand in Spain will the construction cranes stand still, “says Julio Gil at Horizon Consulting Inmobiliario.

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Furthermore, says Julio Gil that in places like Torrevieja and Marbella, prices have plummeted by between 30 to 40 percent according to figures from the Ministerio de Fomento. Last year, foreigners bought 29.615 properties in Spain, an increase of 20.8 percent compared to 2009.

On the Balearic Islands, prices have begun to rise by six to seven percent due to demand, among Germans. In municipalities like San Fulgencio, Rojales, Teulada, Calpe, Jávea and Alfaz del Pi, all in the province of Alicante is more than half of the people foreigners.

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Zapatero Looking for Oil Money to Save Spain Economic

 

Luxury Family Marbella villa in Urbanizacion El Paraiso Alto

Thursday, May 5th, 2011

Modern luxury villa with panoramic views This Mediterranean villa with its enchanting view over the “La Concha” mountain and the golf course to the open sea is situated in one of the most popular residential areas of Estepona. The very bright villa was built in 2002 on a slopping plot. A bright and cozy living area with high wooden ceiling, several sunny terraces and the infinity pool with white tiles round off the harmonious atmosphere of this residential jewel in a Mediterranean style. Varied leisure facilities are provided by exclusive boutiques and restaurants in Puerto Banus and Estepona, the three golf courses close by and the sandy beaches. Extras: Swimming pool, Video Entry Phone, Storage Room, Electr. Shutters, Shutters, Laundry Room, Patio, Garage, Open Kitchen, Sep. Dining Room, Sauna, Roof Terrace, Alarm, Open Fireplace, Security, Parking, Water Deposit, Tennis, Heating, Satellite TV, Heating in Bath.

 

Price: 1.200.000 € 

 

Reference Area Province Location
241 Marbella West El Paraiso Alto Mountain side
M² Land M² Terrace Bedrooms
332 2078 88 3
Bathrooms Toilets Orientation Views
2 3 South-east Panoramic Sea and Golf view

 

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Cheap Ground Floor Apartment Calahonda Sea view 2 Bedrooms

Sunday, March 27th, 2011

Enjoying a privileged location just minutes from the beach and Cabopino golf course and with easy access to Marbella and Fuengirola. This duplex apartment on the ground floor comprises a spacious living room, bathroom and a fully equipped kitchen. On the first floor there are two bedrooms and a bathroom. The master bedroom has direct access to a private terrace facing south.A secure, gated development, with a children’s playground and pool area and very cheap community fees. Extras: Community Pool, Shutters, Roof Terrace, Parking, Gated Community, Satellite TV.

 

Price: 139.000 €

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Reference Area Province Location
KA454 Mijas Costa Calahonda Close to beach
M² Land M² Terrace Bedrooms
90 0 20 2
Bathrooms Toilets Orientation Views
2 2 South Little sea view

 

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Apartment in Urb Las Lomas de Rio Real Marbella

Friday, March 25th, 2011

Enjoying a privileged hillside location on the eastern outskirts of Marbella, just five minutes from sandy beaches and the green fairways of Rio Real and Santa Clara Golf Club and a mere ten minutes from the centre of Marbella, Las Lomas de Rio Real is beautiful residential development. This luxury ground floor apartment comprises two bedrooms, situated in an urbanization, which overlook the 18th hole of the acclaimed Rio Real Golf Course which house an exclusive boutique hotel and elegant clubhouse, bar and restaurant. This spacious apartment is finished to the highest standard and feature top quality fixtures and fittings throughout. The fully fitted kitchen is comprehensively equipped with modern electrical appliances, under floor heating in bathrooms, double glazing and hot/cold air conditioning. This lovely home has a large living dining area with open fireplace. Bedrooms are spacious with built-in wardrobes and the master bedroom offers a lovely en-suite bathroom equipped with top quality sanitary ware. Designed to make the most of the outdoor lifestyle, the apartment enjoys a generously sized terrace. A secure, gated development, the apartment has a video entry phone, alarm and private, secure car parking. Extras: Community Pool, Video Entry Phone, Storage Room, Shutters, Laundry Room, Garage, Lift, Alarm, Open Fireplace, Gated Community, Water Deposit, Air conditioning, Satellite TV, Heating in Bath.

 

Price: 249.000 €

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Reference Area Province Location
KA453 Marbella East Rio Real Close to Golf course
M² Land M² Terrace Bedrooms
110 0 19 2
Bathrooms Toilets Orientation Views
2 2 Este Garden and pool

 

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