Thursday, June 25, 2009

Viva España

I'm spending my summer here in Spain and thought I would give you a peek into the Spanish real estate market. Most investors claim that Spain is an excellent real estate investment opportunity right now. Spain is one of the countries in Europe that has been the hardest affected by the international financial crisis and prices have, in some areas, been reduced by almost 50%.

Because of the wonderful beaches, the comfortable climate and the accessibility from northern Europe there is a strong optimism that Spain will bounce back and again become one of the forerunners in the European holiday market.

For the fun of it I have chosen to showcase two very different properties on the Costa del Sol (South coast) at each end of the price range. This is an example of what your money can buy. There are thousands of homes for sale here right now and if you want to see more properties go to

Property #1
Located in Calahonda

Beds: 2, Baths: 1 Built: 76 m², Terraces: 12 m²
Priced at 125.000 Euro

Existing Freehold Reduced by €45,000. Lovely reformed apartment, 2 beds / 1 bath, completely new fitted kitchen, brand new bathroom, quality furniture, as well in lounge as both bedrooms. Direct access to the beautiful community gardens, gated parking, marble floors, fitted wardrobes, fantastic sea views. A good deal!

Property #2
Sierra Blanca - Marbella

Beds: 8, Baths: 8
Built: 1200 m², Terraces: 200 m², Plot: 4000 m²
Priced at 5,450,000 Euros

Existing Freehold Large mansion with a great semi-rustic ambience, located on one of the finest adresses in Sierra Blanca, Cascada de Camojan. The villa is set on a plot of 4000 m2 with beautiful landsacped gardens, outdoor barbecue/bar area and 70 m2 large swimmingpool. The villa have 1000 m2 livingarea divided over 3 levels. Furthermore 200 m2 terrace with great views to the coast, sea and mountains. The house have 8 bedrooms with 8 bathrooms and 2 guest toilets. Pool room, jacuzzi, turkish bath and fitness room. Independent apartment on basement level. Great driveway with fountain, carport for 2 cars aswell garage for 2 cars. Aircondition hot/cold. High security in area aswell installed alarm system! Great villa on large plot in prestigious area!!!


  1. Det er SÅ DEILIG der! I Spania! Litt rufsete i trafikken ;), men nydelig!
    Jeg skal til spania med jobben i april-mai neste år, fullsponset tur, uvanlig kost for en liten lærer... :o)
    God klem

  2. Hi,

    "Sweeter Homes" was an awesome post.

    The rise and fall of the real estate market might confuse real estate investors at first, but common sense really works best at this point. You have to watch closely with the changes that are happening to determine whether prices are going up or down. Since information are provided regularly, it would help you understand the trend and predict if there would be a growth spurt or decline in the prices of homes in the city.

    Property rates, even if they go down, shall not dip beyond an additional eight to ten percent of the present rates. Also, the additional problems related with sub-prime have opened a huge market for short sales and fore closures.

  3. Ciao! The homes you show are faboulous! If you can speak Spanish you can easily learn Italian! They aren't less similar than you can imagine, but both of them are Latin idioms and most of the grammar rules are similar! I've never studied Spanish but I can understand it!!! Enjoy a nice time in Spain and recharge energies under the sunshine!!!
    Big hugs

  4. HI!!! can I have the large masion? How are you?
    have you ever been to spain? It's a beautiful place and the language is very similar to the italian so it's not very dificult for us to communicate with them...

  5. While walking along the street on Saturday, you and your three friends look down and see a black wallet lying in the gutter. After opening the wallet, you see that it belongs to the famous Spaniard Antonio Banderas! A phone call to Antonio reveals that he is ecstatic that you found his wallet and is offering you and your friends a huge reward. The reward is based on one condition!


Thanks for all comments. They make me smile!