Uncategorized

AS authorities search for answers in the aftermath of the tragic Valencia apartment fire that left 10 dead and at least 15 injured, dean of the Malaga College of Architects Susana Gómez de Lara has assured that, although buildings in Andalucia contain similar materials, there’s no cause for alarm. Much is still unknown about the...

A PRIVATE island featuring a castle is up for sale for a mere €2.95 million- a €1.05 million reduction on the original asking price. The island in the Castilla y Leon region is branded as being fully self-sufficient and is just an hour’s drive from Madrid. It’s located on a lake in El Tiemblo in...

REAL estate on the Costa del Sol is sizzling as prices continue to buck all trends and soar through all roofs, according to a report by the Fotocasa portal. In some locations, prices per square metre have almost doubled, with Casares Costa (Casares Golf-Casares del Sol) seeing a 92.8% rise – to €4,087 sqm. One...

EVER dreamed of hosting a bullfight at your own home? For the average expat, the answer is likely a resounding no.  But for the few budding toreros among you, that dream could become a reality thanks to a once-in-a-lifetime property listing. The Olive Press can reveal that the incredible former estate of one of Marbella’s...

REWIND to the arrival of the new millennium, and Spain’s capital Madrid was not high on the list of destinations for international tourists, visitors or those seeking to buy a property. But that has clearly changed in recent years, with tourism from the US booming and the city now appearing fourth on the list of...

UNDETERRED by the dark clouds of Brexit, Brits are still leading the pack as the most significant foreign buyers in Spain’s property sector. In spite of only being able to visit the country for three out of six months at a time, they make up a leading 15.5% of foreign mortgage applications in Spain. But...

A BRITISH couple’s retirement dreams have been shattered after their Spanish lawyers failed to pick up an ‘outstanding’ property tax that only emerged 26 years later. John Stephenson, 75, and wife Kathy, 78, are stunned that the ‘unfair’ €11,200 levy was taken from them last year. The ‘theft’ by the Hacienda tax authorities actually applied...

YOUNG people could get the opportunity to fix up some of the abandoned homes in the Upper Town and revive Gibraltar’s heritage, a housing activist has said. Henry Pinna of Action for Housing believes ‘neglected’ areas in the old town still have a part to play in the Rock’s future. He is mainly referring to...

ANDALUCIA is bucking the downward trend in the Spanish housing market as property prices continue to soar on Spain’s south coast. The southern region witnessed a 4.6% increase compared to the previous year, with asking prices rising by a searing 8.5%. Notably, the demand in prime locations like Marbella and Sotogrande remained robust, with asking...

WITH the data in hand it looks like the Spanish housing market enjoyed a soft landing in 2023 after a remarkable mini-boom that followed in the wake of the pandemic. There are no obvious reasons to see why the market might lurch up or down in 2024, with it more likely to track sideways at...