News
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Exciting plans unveiled for new 375-million-euro hospital in Malaga
There is no specific date for its opening, but the vision of what the future third hospital in Malaga will look like is already a reality. Juanma Moreno, the president of the Junta de Andalucía, has unveiled the provisional design for the new facility that he defined as of “transcendental importance.” “We are going to
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Spanish house sales doubled in May in comparison with lockdown-affected 2020 figures
Now that the effect of pandemic restrictions has begun to wear off more and more evidence is accumulating that activity in the Spanish property market has returned to pre-coronavirus levels, and this impression is further strengthened by the latest provisional sales figures published by the national government on 13 of July. The data relating to
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Karl Lagerfeld will design five luxury villas on the Golden Mile
The fashion brand takes a further step in the expansion of its hotel and residential developments , this time focusing on Spain. Karl Lagerfeld will build an exclusive architectural project consisting of five luxury villas on the Golden Mile of Marbella . The Spanish real estate developer SB Estates will give life to this exclusive project, while the creative direction and design of the
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Hotel investment reactivates, exceeds €1,000 million until June
Investment in the hotel sector has reached 1,094 million euros in the first six months of the year, thus exceeding the level reached in the entire previous year, of 955 million. In addition, it is one of the best semi-annual records of the last 15 years. “Investment has been reactivated with extraordinary force”, say the experts at
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English developers will invest €100 million in a commercial complex in Marbella
The English developers Citygrove and Burlington will develop the commercial complex in Marbella, whose initial investment is expected to be 100 million euros. It will be known as Marbella Plaza and it is expected to open its doors by the end of 2023. On a plot of more than 30,000 m2 , the project will have first-rate commercial
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Weekly Covid-19 deaths in Spain fall 90% since start of vaccination campaign
Spain is starting to gain ground over the coronavirus. According to the latest Health Ministry report, infections remain at very high levels, coming in on Wednesday at 173 cases per 100,000 inhabitants over the last 14 days. But the progress of the vaccination drive and the restrictions that have been in place to slow the
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Tinsa report 5 per cent rise in Mediterranean property values
House prices healthy on the Costas and in the islands while city centre homes depreciate. The latest monthly data published by leading Spanish property valuation firm Tinsa report that average market values of homes in this country were 0.9 per cent higher in February 2021 than in the same month last year, despite a 1
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French designer Philippe Starck’s Spanish eco olive oil project gets Junta credit.
The second phase of the project, just outside Ronda, will involve a total outlay of around 11 million euros and include a museum and restaurant. The Junta de Andalucía is to allocate a 4.1-million-euro loan to investors who plan to build an olive oil mill and museum, designed by Philippe Starck, in Ronda. This project
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Malaga obtains 41 blue flags for 2021, eleven more than last year
Malaga province has been awarded 41 blue flags this year, 11 more than in 2020. In total, 35 beaches, five marinas and two sustainable vessels received the distinction from the Association of Environmental Education and Consumers (ADEAC). Most of the new flags went to areas in Malaga city (some of these having previously lost the
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Andalusia lowers the Transfer tax for home purchases to 7%
The Government of Andalusia has given the green light to a decree that establishes a reduction of the Property Transfer Tax (ITP), which taxes the purchase of a used home, at 7%. In this way, the three rates set at 8, 9 and 10% disappear. In addition, it also includes a small reduction of the