House sales in Spain recovered in April by 16.7% compared to last year at the same time with the resale property market particularly buoyant, up 26.6%, while new property sales were 10% higher.

It was the 4th consecutive monthly rise in house sales in Spain, according the National Statistics Institute.

It had been thought that there was a rush to buy property ahead of the IVA/VAT increase which comes into effect on July 1, but in fact resale property is not affected byt he increase.

The number of properties sold over the month was 34,326, some 3,000 fewer on the number seen in March. 57.5% of the sales were in Andalucía, Cataluña, Madrid and the Valencia region, with most transactions being completed in Andalucía, at 6,586.

However it should be remembered that this recovery comes on the back of a 24.9% fall in house sales in April compared to 2008.

source: typicallyspanish

This lovely andalucian style complex is build to a high standard and is located in a quiet area of Los Boliches and only 200 meters from the beach & train station. It is near to the town hall, health center, shops (el Corte Ingles) and supermarket. The apartments have beautiful fitted kitchens and in general they are very bright and spacious for 1 / 2 bed rooms. This would be a fantastic home for people who love the idea of living near to everything without needing a car and it would be a great investment with great rental potential. The community fee is low per month as the hot water is provided by solar energy installation. Good value for the price!

The team at DCC International Property believe that the massive expansion of Malaga airport is really good news for those clever investors snapping up distressed, discounted, problematic and reposessed property bargains in the Marbella area!

To deal with the inevitable increase in visitors seeking bargain properties, DCC International Property have now launched the Bargain listing team.

Enquiries have substantially increased in 2010 and the investment rumour on the street is that tourism is expected to pick up throughout the year.

Luckily the swanky new terminal 3 is scheduled to open in time for the annual onslaught of tourists at Easter. Authorities are keen to avoid any Heathrow T-5 style complaints and a general ripped-off feeling through lost luggage, by paying 3000 ’guinea pigs’ to test facilities before the official opening.

DCC International Property is embracing this change, as recent insight into the Spanish airport plans report 86 check-in desks, 20 boarding gates, state-of-the-art computerised baggage systems (avoiding those complaints) and will also be able to handle 9,000 passengers an hour.

There is also good news for those wanting to shop, eat and relax. According to the Spanish airport authority Aena it is:

‘…an ambitious project that includes 24 shops and 21 catering establishments, as well as VIP lounges and other passenger services. This will make passengers’ waiting time at the airport much more pleasant and they will be able to find all the products and brands that, according to the preference surveys and market studies carried out, are currently most in demand’

Bargain Flights

Budget airline Ryanair have seized the opportunity to open a new hub in the airport, which will add to a total increase of 39 new routes.

This means more flights from more areas and can only be a positive thing for tourism in the region. DCC are delighted with Ryanair’s new venture because a spin-off from this will inevitably mean a higher demand for overseas property in Marbella.

Bargain Properties

DCC International Property believe that this will be a huge boost in the long term to overseas property values and will benefit those buying at bargain prices now!

At DCC they know that relying on the old multi-listing system does not work anymore. They have launched our dedicated Bargain listing team to find those limited vendors who need to sell quickly to overseas property investors and will reduce prices accordingly.

Be sure to register to be kept up to date with DCC’s Property of the Week! This week’s pick is for quality bargain apartments between Fuengirola and Marbella.

Set back a little from the hustle and bustle, yet with some great shops and restaurants within walking distance and the beach just a 5 minute drive away, this apartment ticks all the boxes!

The sea views are breathtaking and the property is furnished to a very high standard.  We love the comfy cream sofas and the stylish glass dining table with leather chairs.  The kitchen has all the mod cons and is very spacious – not that you´ll want to spend too much time in there! The bedrooms are a good size and both of them open out onto the terrace, making them very light and airy. The pool is excellent and the gardens surrounding it are well maintained.  It too offers great views of the sea.

Other vendors on the very same development have their properties on the market for considerably more. Reduced from €269.000 to €214.950 this bargain won’t be around for long!  Check it out on our website – reference 01272.