AN ambitious American has revealed her plans to transform an ancient palace in Spain. Incredibly the woman, known only as Monica C, purchased the historic building online while surfing the web from her home in California. The property, in Cervantes, Galicia, had failed to sell for €225,000 over a four-year period, before it was snapped...
A NEW expert index comparing locations for high-net-worth individuals to invest has ranked Madrid as the hottest property market in Europe. The 2024 Barnes City Index studied 50 cities across the globe for “practical, emotional and financial criteria” that included social life, business, taxation and culture. The Spanish capital was placed as the best in...
THE costliest area for properties on the Costa Blanca has been revealed to be on the Calpe coast. Buyers looking to purchase a home by the town’s Arenal-Bol beach will have to a pay an average price of €7,049 per m2- compared to the national average of €2,215. Not only is that the highest figure...
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...
Compare listings
CompareSign up to get more information about our properties.
