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Chased by a Spanish mortgage
Banks never rest and even take action against foreigners who hand over their keys and leave the country  Few clients escape legal action by the bank when it comes to mortgage default. Not even property owners who hand over their keys to the bank and return to their home countries, victims of the financial situation in Spain and with no family or social resources here to fall back on. But the banks have all the time in the world and the law does not prevent them from following up a legal judgement in another country. In no more than three...
read moreLuxury tourism plans will attract visitors from Russia, Persian Gulf and the U.S.A.
The Costa del Sol Elite Collection has been created to sell the most exclusive transport, hotels, leisure and excursions   The Costa del Sol is returning to its original roots, when it was a favourite tourist destination for high society and Royalty, and it is promoting its most luxurious attractions to markets with such great potential as Russia, the Persian Gulf countries and the U.S.A. The president of the Tourist Board, ElÃas Bendodo, recently presented details of the Costa del Sol Elite Collection, which is aimed at bringing...
read moreForeign buyers throw a lifeline to the Costa del Sol’s real estate market
It will take a long time for the real estate market in southern Spain to recover from the bursting of the bubble, although the good news is that there is light at the end of the tunnel. Developers and estate agents are now optimistically clinging to a lifeline that has come from abroad. The storm of the financial crisis has relented for the British, Germans, Scandinavians or Russians who are once again showing an interest in the Costa del Sol, and mainly Marbella, attracted by reductions (of up to 30 per cent in some cases) in the asking...
read moreHouse price index
The General IMIE index ended the year with a year-on-year decline of 8.1%, one tenth of a point higher than last November, with the index at 1719 points. The General Index slowed its rate of decline in the year-on-year figures for January, falling by 6.6% to 1714 points compared with 1719 points the previous month. The cumulative decline from the top of the market in December 2007 reached exactly 25%, meaning that houses have lost one quarter of their value since the beginning of the crisis. In terms of the performance of the different market...
read moreEuribor drops – mortgage payments could begin to decrease.
The Euribor, the main indicator to which mortgages are referenced in Spain, has dropped its daily rate by five thousandths, strengthening its downward trend and giving hope to those whose mortgages are coming up for review that their monthly mortgage payments could begin to decrease. The daily indicator stood at 1.664% on Friday and is 0.338 percent down since 19th December, when it last saw an increase up to 2.002%. El Mundo reported that with only a week and a half till the close of February, the Euribor is likely to stay at a monthly rate...
read moreHoliday Villa Marbella Sleeps 15
Villa Splendido is a modern luxury villa with five large bedrooms and four bathrooms. It has two top terraces with outstanding views with seating areas offering privacy for our guests to enjoy some me time. It also has a huge communal terrace where you can meet up with your fellow guests and family members with access from the main living room, master bedroom, kitchen and other terraces. The pool area is fabulous with decking and sunbeds offering a wealth of relaxation and peace yet perfect for pool parties and eating alfresco! The pool area...
read moreLarge Reform project In Tolox
A great large house to completely reform in the picturesque village of Tolox. The house is laid over 3 stories with lovely views over the village from the 2nd and third floor windows. The lower floor has access on to the road and could be used as a garage. The roof needs replacing and could be utilised as a terrace with stunning views. The property has many possibilities and is well worth a viewing. The paperwork has been brought up to date by the current owner and is in place to begin the reform.
read moreDelightful Finca in La Carreta Coin
A delightful bungalow; situated on a large plot with landscaped gardens and swimming pool. It has been built to a high specification, including cavity wall insulation and mosquito nets on all windows. The domestic water supply has a double filter and powerful pump. To ensure warmth throughout the whole house is a fan assisted log burning fire. Extra storage and accommodation outside! Nearest beach:25 minutes drive. Nearest bar/restaurants 5 minutes drive
read moreBullfighting banned in Catalunya from January 2012
 CATALUNYA has officially banned bullfighting from January 1 next year, a decision that has been welcomed by animal rights enthusiasts and slammed by bull-breeders. Only the right-wing PPC voted against wiping out these bloodthirsty events, saying there should have been a moratorium of three years and the decision reconsidered in January 2015. The PPC has also opened a can of worms by calling for a review of the compensation to be awarded to those in the bullfighting industry as a result. Party head, Rafael Luna, argued that in the...
read moreMosquitos home in on carbon dioxide we breathe out
 Contrary to popular belief, mosquitos are attracted to their prey not by the sweetness of their blood, but by the amount of carbon dioxide they exhale.The average human produces about a kilo of CO2 a day, approximately 100 milligrams every time they exhale (about 13 times a minute).According to Juan Rueda of the Spanish Association of Entomology, an expert in biological mosquito control, mosquitos have a special “homing instinct” towards people who emit more CO2 than average. The insects detect CO2 on the air current...
read moreNikki Powles
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