Spain’s new senior bank called CaixaBank / Banca Civica, after the two March 26 agreed to merge.
. CaixaBank has agreed to acquire Banca Civica for 1.97 Euros per share, which is 11.3 percent below the stock price, the endorsement. Altogether, the new bank will have a capital of close to 343 billion Euros and 14 million customers, turning it into Spain’s largest bank, in both BBVA and Santander-Unnim. It has a total of 14 percent of the Spanish market. .
The merger takes place without the need for state aid and CaixaBank also plans to one year to repay the 977 million Euros who Banca Civica received by the state banking fund FROB, the earlier acquisitions.
Mijas residents must get better at paying their property tax fees. When Ángel Nozal became the new mayor of Mijas four months ago, was one of the goals that he set up that revenue for the municipality must increase.
Mijas municipality has since made a study and where it is noted that over a thousand residents fail to pay tax. According to the municipal finance officer, Mario Bravo, these are about 1.243 inhabitants.
In total there are about 1.2 million Euros which the municipality loses when residents do not pay property tax Impuesto de Bienes Inmuebles (IBI) and other taxes.
The majority of the 1.243 inhabitants are foreigners, the survey shows. Data and information submitted in connection with that they had received their Numero de Identificación de Extranjeros (NIE) has been wrong.
There are foreigners who have two first names and a surname which has caused concern at registration. Now working the municipality with not to lose control over the number of foreigners residing in the municipality.
Sunny apartment with three bedrooms in a closed urbanization just a few minutes from the golf course. The apartment features an entrance hall, kitchen with granit worktop, living-dining area with access to the covered terrace facing south with beautifull views to the sea, one bathroom and two guest rooms and the master bedroom with bathroom en-suite.
The property was built in 2000 and is fully equipped with marble floors, air conditioning hot and cold, alarm is pre-installed. The apartment also includes two underground parking spaces and a very large storage room. The urbanization offers several pools.
The premises housing of the Marbella property delegation has since donated to the Andalusian regional authorities. After prolonged negotiations, the parties have agreed on the transfer of the two premises and a basement, occupying a total of 1.750 square meters, in exchange for a reduction of five million Euros of Marbella municipality’s accumulated debts. The property has already changed hands, but the municipal employees are expected to move at the end. It is this property on a main street Ricardo Soriano as before where the Marbella Malaya thief construction coordinator Juan Antonio Roca controlled over the years. The municipal leaders plan to formally apply for regional authorities make use of the premises to a new health center.
Exclusive luxury villa in the prestigious Vasari Resort in the urbanization of La Alzambra, just minutes walk from Puerto Banus. The ground floor has a high entrance hall, a 62 m2 living / dining room with fireplace, fully equipped kitchen, with solid-wood paneling, granite work surfaces and fully equipped with AEG and Siemens appliances, a bedroom and a guest toilet. Upstairs: master bedroom with dressing room, large fitted wardrobes, bathroom en-suite and a 32 m2 large terrace with views of sea and mountains, and two additional bedrooms each with bathroom en-suite. The south facing villa also offers a spacious garage for 4 cars, 200m2 basement, garden, partly covered terraces, fountain, barbecue and swimming pool (8 x 4). Hot and cold air conditioning and central heating. 24 hour security.
The price of properties and homes along the Mediterranean coast together with the Costa del Sol was 28.2 percent lower in June 2011 compared with June for four years since 2007. It shows the index of prices which Indice de Mercados Españoles Inmobiliarios reported.
At present are prices on properties and homes on Costa del Sol down to the same level as in November 2004; according to the assessment by the company Tinsa do, over a quarter of the price of properties and homes gone in four years. From June 2010 to June 2011, prices declined on average by 9.5 percent on the Costa del Sol. Raúl García, marketing manager at Tinsa says that the decline is due to the strong housing and properties boom, fell with great force. “The market of holiday is one of the sectors that have been hardest hit, and it has not recovered.”
It is gratifying figures from the tourism industry to show that it has reversed. Carolina España located in the City Council of Malaga and is responsible for issues in tourism reported yesterday welcomed figures from the Instituto Nacional de Estadisticas (INE), which shows that Malaga city is increasing the number of hotel nights. During the first five months were 343.360 people in a hotel in Malaga. Compared to last year, the number of visitors with 8.79 percent and the number of overnight stays increased by 9 percent. .
Just in May, 88,541 people in a hotel in Malaga. It is the foreign visitors who are in the majority during the first five months. 54.7 percent of visitors who spent the night coming from abroad. Britons, Germans, Danes, Finns and Swedes are the biggest groups; Swedes are the fifth largest group of hotel guests.
Nearly 5.000 borrowers have been evicted from his home last year in Malaga province.
Every day evicted seven people from their homes in the province of Malaga because they cannot finance their mortgages. On average, starting the financial institutions eleven processes a day to borrowers who cannot pay on their mortgages. The economic crisis and unemployment has driven thousands from their homes. The situation today was unimaginable a few years ago. And it is not likely to get better. The problem is spreading like wildfire because of the worsening prospects of finding work.
The number of foreclosures which were decided in the Malaga courts amounted to 1.140 cases in year 2007 Last year, the number in 4.534, and an increase of 281 percent. The last four years has 12.000 cases pending in which borrowers have failed to pay their mortgages, figures from the Consejo General del Poder Judicial (CGPJ). 10.000 families have been evicted from their homes during the last three years in Malaga province.
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Related Articles: Marbella city for parking fees on July 4
After several deferrals, it looks as if the advertised payment boxes in Marbella are in operation July 4.
Municipal workers are working these days hard to install parking meters in the center. A total of 1.300 parking spaces shall be marked in blue and additional fees. Of these, 280 will be reserved for residential parking.
Blue parking zones has been a controversial topic in many years in Marbella. But Marbella Town Hall has decided to implement the measure for several visitors can park in the city center and shopping, today is the chaos to park in the city when all the workers and residents are taking all the parking spaces. Economist takes Marbella city in more money. The decision to charge for parking on streets in the center was, however, several years ago, but the project has been delayed. The charge is 30 cents for up to half an hour, 70 cents for the first hour and 80 cents for the second hour. The green boxes will be possible to leave their cars longer and then the next hour costs one euro each.
Many of the Spanish provincial capitals accumulate staggering debt. Partido Popular, PP, criticizing the Spanish government’s fiscal policy and calls for frugality, but does not precede the example at the local level. Communidad de Madrid, where PP ruled by a majority for more than 20 years, has the largest accumulated debt in Spain, the entire 6.54 billion Euros. The fact is that the Communidad de Madrid debt last year was reduced by five percent. Barcelona is the country’s second largest city, also in debt. Socialists leave a legacy for the CiU on 1.2 billion Euros in the red numbers. Last year increase the debt by as much as 449 million Euros.
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Third place on the debt list is PP attachment Valencia, with 890 million Euros, followed by the socialist Zaragoza with 748 million Euros. In fifth place on the unflattering list is Malaga, with a debt of 743 million Euros. The figures come from the Spanish Treasury department. The situation in much of the country’s small communities is not much better. This is shown not least by a report from the National Audit Office Tribunal de Cuentas. It says that 18 percent of municipalities with more than 5.000 inhabitants do not produce accounts in a satisfactory manner.
Penthouse Urb.Terrazas del Golf Marbella Property Guadalmina Alta Apartments
Beautiful and luxurious 3 bedrooms and 3 bathrooms penthouse with front line golf and view over Guadalmina golf course and some sea view. 177 m2 build plus a southwest facing terraces of 200 m2; A living room with a separate dinning area and a open chimney, master bedroom with bathroom en-suite, 2 bedrooms, each one with bathroom en-suite, modern fully fitted kitchen. 2 terraces; the main terrace has a nice outdoor plunge pool, private elevator with key. Separate and private garage for 4 cars.
Luxury 3 bed. villas Urb. Riviera del Sol stunning golf view
Elegant and luxury villa situated in the heart of Urbanization Riviera del Sol with panoramic views over the Miraflores Golf course. South facing villa of 305 m2, a plot of 800 m2 with a lovely garden, a swimming pool. Spacious and bright living-dining area an open fully equipped kitchen with direct access to a separate terrace with a gazebo and outside dinning area, 3 double bedrooms with access to nice private terraces, 3 luxury bathrooms. The basement has a 70 m2 garage for two cars,
Luxurious rustic style villa sea views El Madronal Benahavis
Luxury villa with a huge guest house of totally 7 bedrooms and 7 bathrooms in the famous Urbanization El Madronal Benahavis who is located on Marbella west side with stunning sea view. Plot 5.000 m2. Main villa 350 m2, 4 bedrooms, 4 bathrooms, wine cellar, gym ect. Guest house 270 m2, Separated staff apartment of 70 m2.
Spain’s new senior bank called CaixaBank / Banca Civica, after the two March 26 agreed to merge.
