Last week the Marbella Townhall opened a road to the south of San Pedro de Alcantara town to reduce the traffic jams which daily block road N-340 at both entrance and exit of this town.The second phase of this bypass which runs parallel to N-340 between Las Petunias and Guadalmina took a long time to [...]
Marbella Property Blog
Marbella Town Hall opens bypass to reduce traffic jams
August 4th, 2003 in Marbella and Real Estate
In 2002 golf generated €1.322 million for Andalucia
July 24th, 2003 in Marbella and Real Estate
The Andalusia Golf Federation is promoting the construction of new golf courses and is trying to limit the amount of buildings in the surrounding areas.
The president of the Federation, Angel de la Riva, claims that golf is vital for Andalusia and should be considered as “an important source of income for the authorities”.
De la Riva [...]
Property prices in Spain keep rising
July 23rd, 2003 in Marbella and Real Estate
New evidence from both TINSA (Real Estate Evaluations) and the Sociedad de Tasación (The Evaluation Society) suggests that property prices keep rising.
The price of re-sale properties in Spain went up by 17.24% in the last year and the price of new homes rose by 15.27% in the last 12 months. However, a slight slowing down [...]
Tourism in Spain still blooming
July 17th, 2003 in Marbella and Real Estate
The steady rise in prices during the last few years is mainly due to the fact that demand remains high. Foreign real estate investment was at a record high of €6,000 million in 2002, influenced by the introduction of the Single European Currency.
The steady rise in prices during the last few years is mainly due [...]
Lower fixed-rate mortgages on offer in Spain
July 9th, 2003 in Marbella and Real Estate
The latest bank to jump on the bandwagon by offering lower mortgage rates is Bancopopular-e.com, a subsidiary of El Banco Popular. Rates for 25 years (5%) and 30 years (5.5%) compare favourably to those of the BBVA, which started the price war by offering 5.4% for 25 years and 5.7% for 30 years.
El Banco Sabadell, [...]








