Olive Press Property magazine - Issue 3

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July 23rd - August 5th 2015

the Olive Press June 11th - June 24th 2015

Buying or selling property in Spain?

1919

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Kilroy woz ‘ere PAGE III EXCLUSIVE: British politician Robert Kilroy Silk puts his costly Costa estate up for sale

lucky numbers

How you can buy a millionaire’s home with a down payment of €800,000 and a mortgage with the owners

PAGE XIX

Room with a view BREATH-TAKING: Views over Spain, Gibraltar and Africa from this extraordinary villa perched high in exclusive La Zagaleta So stunning. Pages X - XI

PRICELESS VIEW: This beautiful hillside property, with a stunning and stylish pool, is on sale through www.lazagaleta.com

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Property

the Olive Press June 11th - June 24th II2015

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beach battle Ibiza locals set to fight British billionaires over development plan

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CONTROVERSIAL: David and Simon Reuben and one of the beaches they want to build upon

ANALYSIS BY MARK STÜCKLIN

I

t’s possible the Reubens have only purchased an option, rather than the land itself, but this still looks like a big vote of confidence in the future of the white island as a top drawer destination.

Ibiza has not escaped the Spanish real estate crisis, but the fundamentals of supply and demand in both tourism and housing are much healthier for investors in Ibiza than other parts of Spain.

There is no glut of new homes, and Ibiza offers something unique that attracts affluent buyers from all over the world, and the UK in particular.

According to some research I did a few months ago, asking prices in Ibiza are almost back to where they were before the crisis began. The same cannot be said for other parts of the Spanish coast, not even Marbella.

Since the crisis started there have been just a handful of new developments in Ibiza, and two of them – Les Ter-

Huge capital gains

races de Cala Tarida, and White Angel – have been a commercial success, selling well throughout the crisis.

People who bought at Les Terraces de Cala Tarida in the worst years of the crisis are now probably sitting on substantial capital gains.

As a part of Spain, Ibiza has been starved of capital for new projects in recent years, because Spanish banks treated all areas the same. Now funds and private equity investors like the Reubens are flooding in to Ibiza with capital to change that.

They will likely find a ready market for wellconceived projects, if they can get planning permission.

Mark Stücklin is a Barcelona-based property market analyst and consultant, and author of the ‘Spanish MARK STÜCKLIN Property Doctor’

Full steam ahead

IBIZA residents are set to block a pair of British billionaires from building on the island.

Angry locals have expressed concern over the possible destruction of natural sites on some of the Balearic island’s most loved beaches.

Billionaire brothers David and Simon Reuben had planned to build a series of luxury beachfront properties after tying up a €35 million deal for 44 hectares of land.

But their plans have been thwarted by disgruntled residents who have vowed to block the necessary permissions.

A petition launched on change.org has already garnered 4,200 signatures in just a few days.

Government officials have also stepped in, saying it will be ‘very difficult’ for the

brothers to carry out their plans due to building restrictions.

The intended works are planned on 5kms of popular beaches including Cala Conta, Cala Bassa and Port des Torrent.

Ibiza residents have had a long and successful run of blocking huge ‘anti-environmental’ projects, such as plans to develop around Benirras beach and more recently to drill for oil offshore.

Giants of music and film, including Fatboy Slim and Kate Moss, got involved in the anti-drilling protests.

The Reuben brothers, the UK’s second richest men invest primarily in property, having made their fortune in the Russian metals industry.

This purchase is their first major venture in Spain.

IDYLLIC: Part of the Ibiza coastline in the developers’ plans YET more luxury pads are set to be built on Marbella’s golden shores in a huge property investment.

The town hall has signed off the licences for building projects to go ahead worth a total of €6.5 million.

A licensing bonanza is permitting four family homes expected to sell for three times their construction cost to be built across Sierra Blanca, Altos de los Monteros and Guadalmina .

While 12 Puerta del Mar properties worth almost €1 million also got the nod.

The most lavish project is a €2 million plan to create a luxury eight-home Mediterranean style village.

“These initiatives show investment is still alive and strong in Marbella,” said town hall spokesman Javier Porcuna.

Property

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the Olive Press 24th 2015 www.theolivepress.es JulyJune 23rd11th - 5th- June August

NEWS IN BRIEF

Far right anti-Europe politician and TV pundit Robert Kilroy Silk puts his €12 million Spanish mansion up for sale

Made in Spain

A JAPANESE craze for Spanish design has filled the town of Yokohama, near Tokyo, with asymmetric, colourful houses by iconic architect Javier Mariscal.

EXCLUSIVE

By Tom Powell GIVEN he has been a eurosceptic throughout his whole political career, it is, perhaps, about time that Robert Kilroy Silk is finally selling his palatial Spanish villa.

High speed

The former UKIP MEP and media personality, 73, has put his enormous country estate, near Casares, on the market for an estimated €12 million.

Indeed, this phenomenal estate the size of 114 football pitches boasts a 10-bedroom villa, two adjoining cottages and two swimming pools, not to mention breathtaking mountain views.

Mod cons

21 III

The 368,000 m2 plot is being marketed through Villas and Fincas estate agent.

It certainly takes some beating as a rural retreat, with its mile-long drive, herds of goats and sheep and a jacuzzi and spa.

In fact, it is almost impossible to find or view it, all the while just ten minutes from the beaches of the Costa del Sol and 45 minutes to Gibraltar airport.

The beautiful converted olive mill is also not short on mod-cons, fitted out with a full integrated Bose sound system, nine televisions and underfloor heating.

The main black infinity pool comes

SPAIN’S housing market is recovering faster than predictions forecast, seeing exceptional growth in Madrid, Catalunya and the Basque country.

Hobby house EUROSCEPTIC: Kilroy Silk rented out the villa for €12,700 a week

Kilroy woz ‘ere with its own underfloor heating and wifi, on top of soaring views of eagles and kestrels nesting.

There are also two cottages on the estate, a kilometre away from the main villa, which serve perfectly as staff accommodation, as well as stables for 18 horses.

Kilroy Silk, who controversially appeared on Channel 4’s Big Brother while still receiving his MP’s salary, previously rented out the property during the summer months, as revealed by the Olive Press in 2011.

A lover of operas and gold watches, the outspoken politician charged a

staggering €12,700 a week to rent the kingly villa.

But, bizarrely, that didn’t include all the extras, such as €350 for air conditioning, €30 for a baby’s cot, €25 for a children’s high chair and even €5 for a map of the surrounding area.

www.privateofficemarbella.com

SEARCHING for Spanish property online is a growing hobby for Brits with an increase in online interest and research, says online estate agent Rightmove.

New builds DESPITE a drop since 2010 in new builds available to buy, there are over 500,000 in Spain, with the highest concentration in Barcelona, Alicante and Madrid.

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the Olive Press June 11th - June 24th 2015

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Property

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www.theolivepress.es July 23rd - 5th August 2015

Scarily good value Malaga’s most haunted home up for sale at €16 million

By Iona Napier IF spiders, ghosts and things that go bump in the night don’t scare you off, join the queue to splash €16 million on Spain’s most haunted house.

The Cortijo Jurado in Malaga, which has captured the attention of paranormal experts, is now up for sale with property website Idealista.es.

The imposing 19th century mansion perches alongside the A357 Campanillas road near Malaga and was built with 365 windows, one for every day of the year.

EERIE: The haunted Cortijo Jurado with its 365 windows and (inset) the property today

EXCLUSIVE

Paranormal

Constructed by the Heredia family in the 1830s, legend has it that numerous unspeakable crimes, kidnappings and tortures took place before victims’ bodies were buried within the building.

But this has not put off prospective buyers and the cortijo has been partly renovated in recent years.

In 2004, a project to convert the property into a four-star hotel with 210 bedrooms was approved but halted by the crisis. The property still carries permission for this development.

Will this soon be the hottest murder mystery holiday destination?

aznar’s wall gamble

FORMER Spanish Prime Minister Jose Maria Aznar could be in hot water over the latest renovation to his Marbella retreat.

Concerned of prying eyes, Aznar and his wife Ana Botella - the former Madrid mayor - have extended an existing two metre wall by another two metres around their €2 million Gua-

dalmina property.

Worried about the view from a new build across the street, the political couple have stepped up the privacy around their home which is heavily guarded by bodyguards and local police.

While any wall over one metre high requires proper planning permission, they look to have found a loophole by adding a ‘temporary’ addition to the existing structure around the 2,000m2 property.

“What they have done is very clever,” a nearby estate agent told the Olive Press.

“If the wall was deemed a permanent construct then it would definitely be breaking property law, however what they have done is a bit of a grey area.

“It would most likely take a neighbour HOME IMPROVEMENT: Aznar’s new ‘temporary’ wall to complain for it to be investigated.”

LUXURY: Nine-bed futuristic pad up for grabs in Benahavis

Heaven on earth Aside from its nine bedrooms, pools and jacuzzis, a stylish new Zagaleta home is being built to be energy efficient

A

BRAND new luxury home is up for grabs inside Spain’s most exclusive enclave.

Sitting atop a ridge inside La Zagaleta, in Benahavis, the stunning villa is being sold exclusively by Estepona-based estate agent Terra Meridiana.

Called ‘Heaven 11’ because of its elevated status, the landmark 2,300m2 property is currently under construction and will be ready by the middle of next year.

When it is finished the property will have nine en-suite bedrooms, as well as plenty of exciting extras including: a wine cellar with tasting room, a gym, cinema room, heated indoor infinity pool and jacuzzi, as well as a bar and lounge area.

Outdoors there will be an infinity pool and jacuzzi, as well as a barbecue pavilion and terrace area.

In total, the plot is 5,000 m2 with stunning views of the Mediterranean, reaching as far as Gibraltar and Morocco.

And if that wasn’t enough, the property has been designed to be as energy efficient as possible.

For more information, visit: www.theheaven11.com

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VI

Property Property

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www.theolivepress.es March 19th - April 1st 2015

July 23rd - 5th August 2015

Towering disaster What was set to be Europe’s tallest apartment block lies crumbling with buyers clamouring for their money back

Only fools rush in T

HINKING of taking the plunge and buying a Spanish property? Not so fast, says Alex Radford of My Lawyer in Spain.

Granted, now is an excellent time to buy with some real bargains up for grabs, but remember that the best game players come prepared: do your homework.

“The market came to a standstill in 2007 and since then prices have come down, but now for the first time we are seeing prices rise.

“There’s increasing interest in Spanish property from international buyers and the nominal price rise is 1.3% nationally – and the market is beginning to pick up,” says Alex.

In a useful checklist, he recommends buyers ask themselves the following questions.

•

Are your finances in line?

Remember that the costs of purchasing a property are important to consider, and you should prepare for a regionally variable 10-14% cost on top of the property price.

•

Are you buying to rent or buying to use?

My Lawyer in Spain’s Alex Radford (right) offers up some pearls of wisdom on buying Spanish property For the first option, you must read up on your local rental laws, which in Andalucia are currently being updated.

If you rent your property long term for more than three months per year you do not need a licence, but otherwise you will need to register with the authorities as.

•

What is your budget?

“This time last year I would have suggested you submit offers of between 10-30% below the asking price but now houses are priced to sell and some will go for more.

“Having said that, it still is important to try to negotiate a price.”

•

The unfinished building, called InTempo, dominates the Benidorm skyline, and was designed to contain 269 apartments. But the company building it, Olga Urbana, ran out of funds in 2009, and declared bankruptcy this year.

The unfinished apartments, most of which have been sold, range from €1.6 million penthouses to first €190,990 floor apartments.

Before filing for bankruptcy, the company was reported to be almost €140 million in debt, out of which €108 milrent the property out. lion in loans belongs to Sareb, or • Is your lawyer independent?

Spain’s ‘bad bank’.

Following a court It is very important to invest in a lawyer who decision, the speaks your language, is only acting for you building and the and does not accept kickbacks and commiscompany’s assets sions from other parties. are now set to be We prepare contracts in English and Spanish, liquidated, with apply for land searches in English and have a Sareb looking for multilingual team that means nothing gets lost potential investors in translation. to finish the project.

It is hoped a total My Lawyer in Spain offers a full packof 138 creditors age of services for buyers of property will eventually reacross Spain and its Islands. Visit www. ceive a return of mylawyerinspain.com their money.

WHAT was intended to be the tallest residential skyscraper in Europe stands empty after its developer folded with debt.

What is the real cost of running the property?

Take into account the mortgage, taxes, annual running costs and especially the 24% tax rate payable on net income if you plan to

HIGH HOPES: InTempo skyscraper

Property

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July 23rd - 5th August

XV VII

THE HOMES OF THE RICH AND FAMOUS

Zac’s goldmine

Tory politician Zac Goldsmith’s Benahavis finca is just one of his many links to Costa del Sol society, writes Iona Napier

W

SANCTUARY: The beautiful finca provided refuge for Princess Diana among others

ITH a Spanish nanny for his children, a luxury finca in Benahavis and an ex-father-in-law living in Sotogrande, Conservative MP Zac Goldsmith (below) has as many Spanish connections as any budget airline.

The leading conservative candidate tipped to succeed Boris Johnson as London mayor has been holidaying at his family’s lavish country refuge for years.

The three-pool estate, which sleeps 27, is set in a secluded, leafy corner of Benahavis and has offered sanctuary to celebrities as famous as post-divorce Princess Diana, Goldsmith’s sister Jemima Khan and Hugh Grant.

With sage-green shutters and a whitewashed exterior, the serene 11-bedroom property set in several hundred acres of unspoilt woodland has a helipad and Moorish tower in the gardens.

The stunning Torre de Tramores estate on the edge of the Serrania de Ronda has been rented out since 2011 for up

to €30,000 per week and has been in the family for over two decades.

It may seem an extortionate fee, but the estate provides employment for four local families and also helps fund Goldsmith, whose €300 million fortune is said to be locked up in trusts.

But the 40-year-old is no stranger to lavish surroundings. In fact, he is something of an aristocratic catch – he met good friend David Cameron at school at Eton, his mother was iconic socialite Lady Annabel Goldsmith – oh, and he previously edited The Ecologist.

Lady Annabel bought the finca with her husband Sir James in 1986 (who would later die there) and recalls the purchase in her autobiography An Unconventional Life.

“That day, as we stood on the terrace, looking out to the mountains at the astonishing view, with no other sign of human habitation, and at nature at its most simple and dramatic, Jimmy fell silent. And in the spring of 1986 it became ours.”

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The Olive Press – 170 x 256mm

22nd July

The Expats’ No.1 Choice

Property

26 VIIIthe Olive Press June 11th - June

M

ARBELLA has become the second most popular destination for Europe’s super-rich, only pipped by Saint Tropez.

According to a study by Sotheby’s and X-Wealth, the gem of the Costa del Sol is also one of Europe’s key places for millionaires to buy property.

Indeed, statistics show that an incredible 87% of the millionaires buying properties for over €950,000 in Spain opt for Marbella.

And it is no surprise with the glitzy resort being popular with the jet-set ever since Prince Alfonso Hohenlohe set up the Marbella Club in 1953, attracting the rich and famous from all over the world.

Alongside the world’s leading fashion brands and a string of Michelin-starred restaurants, the properties for sale are some of the most stunning in the world.

In recent years the Russian mega-rich have also been snapping up property in the area, with President Vladimir Putin even reportedly buying a house here.

However, due to last year’s devaluing of the rouble and blocks on visas and taking money out of Russia, this segment of buyers has dropped, with only the very richest Russians still buying in Spain.

Thankfully, other foreign buyers seem to have plugged this hole and the luxury sector is thriving against the odds.

According to Miguel Angel Bilbao, boss of leading agent RE/ MAX Top: “Yes the Russians are disappearing, but we are seeing lots of wealthy international buyers, predominantly from the

24th 2015

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July 23rd - 5th August 2015

Marbella: Definitive millionaires’ playground Nearly 90% of the ultra-rich buying in Spain are opting for the gem of the Costa del Sol

EXPERTS: Re/Max

LUXURY RETREAT: While Russian buyers have dried up in Marbella, others are filling their shoes UK and Scandinavia, investing lona, most of the private buy- links to the rest of Europe at- surrounded by some of the in Spain instead. ers invest in the Costa del Sol. tract wealthy customers to this most desirable real estate in “Although we see some Chi- The fantastic infrastructure, area.”

Marbella. nese and American buyers weather, lifestyle, golf courses, RE/MAX Top has an office on “We are seeing many sales investing in Madrid and Barce- shopping and good airport the prestigious Golden Mile, of properties around €1 mil-

lion, but we have increasing numbers in the €2 to 3 million range as well.

“The most exclusive properties in Marbella range from €10 to 60 million. These are selling as well, but in smaller numbers.

“Marbella is the main target for these wealthy buyers, but since last year we’re seeing an increased interest in Malaga city too, the new Barcelona of the south. As we have offices in both Malaga and Marbella, and a lot of experience in premium real estate for the whole of the Costa del Sol, we are able to help buyers invest in some stunning luxury properties and can find the right property to suit buyers no matter what their budget.”

Contact RE/MAX via www. remaxtop.es

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27

ExcEllEnt ValuE 6 BEd MarBElla Villa Grand 6 bedroom, 5 bathroom villa in El Mirador Marbella Excellent space and light, with potential to create a spectacular modern home, now reduced and competitively priced.

The house is divided into a main house and separate out building and garage. Two living rooms, fireplace, library, and large family kitchen and pantry. Master bedroom with dressing room and private terrace. The outbuilding contains parking for 2 cars, a basement and attic room.

Was 950,000€, now 895,000€

3401-1723

Outside space includes a private pool, large covered terrace with barbecue, lawn and mature gardens. Solar heated hot water.

ContaCt us today!

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WE NEED YOUR PROPERTY! We have serious buyers who want to purchase in the following areas: • East of Malaga – Torrox, Nerja, Velez Malaga • Fuengirola • Calahonda, Riviera & La Cala • Inland Costa del Sol including Coín • Alhaurin el Grande & de la Torre • Estepona, Puerto de la Duquesa, Manilva contact us today and let us help you sell your property!

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www.remaxtop.es Remax_OP_256x342_July_print.indd 1

Marbella

Malaga Gibralfaro

Malaga Alcazaba

Puerto Banus

en M

Gold

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Muelle 1

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the Olive Press June 11th - June 24th 2015

W

E have all fantasised about it… rolling out of bed in the morning and peeling back the curtains to reveal the sun rising over the most stunning view in the world.

For some it’s the rural romance of rolling green hills, forests, lakes and mountains; for others, a nautical sea view floats their boat; others still prefer an urban vista and a balcony from which to ogle the passing scene.

Whatever fulfills your fantasy, the formula remains the same. Wonderful location usually equals wonderful view which hopefully equals best possible start to the day!

Andalucia, with its legendary coastline, natural parks, soaring mountain ranges and picture-postcard pueblos, offers the full whammy.

PANORAMIC: View from penthouse in La Heredia

Beautiful

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Take, for example, a town house perched like an eagle at the very top of Ojen, eyeing up the whitewashed village beneath it, with glimpses across the countryside to Marbella and the coast.

This year, Ojen was voted one of the top 50 places to live in the world by the Sunday Times, and this refurbished four-bedroom home with private pool and garage is one of the best the beautiful village has to offer.

Available for €349,995 through Property Overseas

For many homebuyers, what lies outside the windows is the dealmaker. These views will make you look twice, writes Tom Powell Group, the terraces have been transformed into a party zone with a pool, Jacuzzi, dining table and luxurious furniture.

Family & divorce

Email: enquiries@mylawyerinspain.com Telephone: (+34) 951 203 094 from the UK 0845 508 2395 www.mylawyerinspain.com Offices: Marbella, Torrox, Murcia, Almería, Alicante & Valencia.

Then there are the exclusiveto-the-extreme urbanisations of La Zagaleta and its near neighbour, El Madronal.

With their foundations in the foothills of the Serrania de Ronda, they combine sea views with rocky mountain highs and proximity to Marbella is a bonus.

In El Madronal, Private Office Marbella has a dynamic new house for sale, built in 2011 and with seascapes to die for.

The heated saltwater pool is another of the many ‘unique selling points’ suggested by the €3.95 million price tag.

The same agent is also marketing a phenomenal €6.75 million property in La Zagaleta, which can also be rented for €36,000 per week, set in what is arguably the most privileged residential area in Europe…

AL FRESCO: Terrace overlooking Ojen

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BREAT TAKIN View from t €299,0 Casare countr house

S

o tunning

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July 23rd - 5th August 2015

the Olive Press June 11th - June 24th 2015

stunning, spacious penthouse here, on offer for €1.1 million. The panoramic views are complemented by a large terrace, community pool and many other resort amenities.

But the best views aren’t always found in the most expensive areas.

Thousands have followed in legendary expat author Chris Stewart’s footsteps and bought up a rural Andalucian cortijo or finca to try their own hand at ‘Driving over Lemons’.

Just 20 minutes away from the coast, a completely different Spain reveals itself. The wild and wonderful countryside, forests and mountains are the perfect place to hide away.

11+

RICS BUILDING SURVEYORS & VALUERS

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Hillside

How could the alleged chosen holiday home of Russian president Vladimir Putin not be!

Breathtaking views over the Med to the Moroccan coast, two golf courses, a swanky club-

house, 24-hour security and, of course, the cachet of its name make La Zagaleta an address that’s a cut above the rest Close by, also on the San Pedro-to-Ronda road, the co-

lourful pueblo-style enclave of La Heredia overlooks golf courses, the Mediterranean and Marbella’s iconic La Concha mountain.

Propertiespain.com has a

Why not consider buying somewhere like Ronda or Gaucin where you combine the very idea of ‘real Spain’ with an under-an-hour drive to plenty of decent beaches?

Villas and Fincas in Casares is offering a range of such villas for sale.

One, at €1.495 million, is situated on the hillside of Gaucin.

Although just 25 minutes drive from the coastline and the beaches, it feels like a world away, surrounded by rocky peaks and circling vultures.

Another, at the more affordable end of the market, is a charming country house in Casares, which costs €299,000. Sitting on a manageable plot just outside the village, the views stretch far and wide. Bliss.

329

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Ref: CSN-VAL-1007 Valgrande 3 Beds • 3 baths • 221 M2 built 78 m2 terraces • PRICE: 650,000€

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Ref: CSN-66-973 Villa Sotogrande Alto 3 Beds • 2 baths • 240 m2 built 1113 m2 plot • PRICE: 695,000

ENDLESS: Views from La Zagaleta continue for miles and miles

Proper job FROM power tools to kitchen sinks, builders’ merchants Ortega Aviles in Sabinillas has been furnishing the coast’s builders for 35 years.

A huge range of top quality building materials, hardware and bathrooms are available both to professionals and the general public.

The team of qualified professionals keeps up to date on product updates and the latest technology while offering a speedy, personalized, efficient service.

And ever since day one in 1980, the enthusiastic workforce has been readily available to dish out advice on all aspects of construction and decoration.

One visit to Ortega Aviles and your dream home can become a reality.

For more information visit the team, just off the A7 entering Sabinillas, or call 952 891 565.

Property

30 XIIthe Olive Press June 11th - June A gem of a four-storey townhouse in the heart of historic Cordoba could be yours at a great, bargain price, writes Nina Chausow

W

HILE at first sight it may appear empty, this beautiful townhouse in the centre of Cordoba is filled with the centuries-old echoes of the city’s magnificent history.

And now, due to its owner requiring a speedy sale, it can be snapped up for only €380,000.

Just 500 metres from Cordoba’s famous mezquita (or mosque), and spitting distance to the Guadalquivir river, it is the perfect bolthole from which to explore one of Spain’s most emblematic cities.

The four-storey townhouse on Calle San Fernando sits next to Plaza del Potro, where Spain’s most venerated writer Miguel de Cervantes once lived.

The plaza and fountain are mentioned in his legendary book Don Quixote, while the statue of a horse is a must visit for any tourist to the city.

Around the corner look out for Plaza de la Corredera, which once held bullfights for Spain’s kings as well as trials of faith during the inquisition.

And then for a breath of fresh air head downhill towards the river to see the celebrated Roman bridge, known around the world.

The historic townhouse is well appointed and has six bedrooms, including two bathrooms, one ensuite.

There is a kitchen and two sitting rooms, plus plenty of scope to develop the property to one’s individual

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Storey-book house

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A TRUE STEAL: The big family home (advertised below) is right in the heart of Cordoba old town

tastes.

And best of all there is a floor at the top that has not been developed at all, with its own decent sized roof terrace.

“It’s an amazing house that has been in my family for years,” said

owner Francisco, the chef and owner of restaurant L’impronta, in San Pedro de Alcantara.

“It is so central and you literally do not need a car while you are there.

You can walk everywhere to all the main sites.

“I am sad to be selling it but now I am based on the Costa del Sol we don’t need it anymore, and a lot of my family still live in Cordoba so I have plenty of other places to stay.”

He continued: “It will make an amazing escape for someone on the

coast or a great holiday home for someone abroad. It would certainly make some good rental income.”

For more information see advert below and contact agent Jesús on: 650 017 242

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Property

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ADVERTORIAL

Top UK mobile park home operator is ready to expand build and

O

ne of the biggest mobile park home operators in the UK is set to become the largest one in the country. Wyldecrest Parks, valued at £200 million (€280 million), has added 14 new parks to its portfolio just in the last year. The company’s Chairman Alfie Best spent £13 million (€19 million) in new purchases in the last 12 months and expects to spend up to £17 million (€24 million) on new acquisitions by the end of 2015, turning his park home business into the country’s biggest.

Wyldecrest Parks, which has 44 residential and holiday mobile home parks, is the only nationwide park home operator in the UK, with sites

in England, Scotland and Wales, and is already planning a possible future expansion into the Irish market as well as an overseas expansion.

“A corporate development through overseas investments is part of a strategy to move our business forward”, guarantees the chairman. However, Alfie Best points out that he would like to start it by bringing even more Wyldecrest Parks to the attention of the British people living abroad.

“You always have to keep your eyes open to market opportunities and I personally spend most of my time in our parks across the country and work very close with all our departments”, says Alfie Best. That’s how he has noticed an increase of contacts coming from British people living abroad.

“The number of enquiries we’ve been receiving from British expats has been exponentially increasing over the last few years. Some of them are interested in a residential mobile home, which is an affordable way for them to come back to the UK; others just want a holiday home, to have a UK base to spend time with family and friends whenever they want to”, he adds.

Therefore, to open and improve the ‘lines of communication’ from the UK to the rest of the world is, at the moment, a priority to this Essex-based company.

And, according to Alfie Best, Spain and Portugal are at the top of the list due to the number of expats living there as well as the proximity to the UK. READY TO GO: Wyldecrest Parks chairman Alfie Best

move

AFTER seven successful years in Gibraltar, construction firm MJL has made the leap across the border.

One of the Rock’s largest construction companies MJL established itself by working for the government as well as numerous leading private clients.

Carrying out all aspects of construction with accredited insured personnel, supervised by experienced managers, the company is now branching out into Spain.

With a dedicated team that MJL is confident will fulfil the needs of clients along the coast, the company is aiming to provide a turnkey service offering everything needed for builds.

This includes, an in house architect to prepare drawings for the local town hall to get building licences approved.

As well as building and public liability insurance, the company is fully up to date with health and safety compliance in Spain.

MJL also has a number of current clients that are happy to showcase works to any potential clients.

For more information call (+350) 200 643 23

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Calling all brits!

Already a household name in Sweden, now agent Sven Kallstrom is hoping to win round the new influx of UK buyers heading to Fuengirola

Join the club S

A

N author, a TV personality, but first and foremost a real estate agent with 31 years of experience… Sven Kallstrom is taking the Costa del Sol by storm.

A familiar face on Swedish television and author of three books, Sven Kallstrom has also sold a whole raft of homes in Spain.

And things are getting even better for the boss of Alamo real estate.

“Sales have been booming since last summer,” he explains.

“In fact in the first five months of this year we sold more houses than we did in the whole of 2014.”

Now the erudite agent is hoping to win the hearts of Brits buying abroad.

“At the moment, most of our clients are from Scandinavia,” he explains.

“But I would like English buyers to know that I want to help them find their dream home.”

Sven set up his current venture in 2009 in Fuengirola after cashing in on his former company Fair Media.

And it is his experience, both of the

SVEN’S A GEM: Sven Kallstrom and one of his properties for sale

area and the property market, that makes him one of the most reputable agents on the coast.

“I became the go-to guy in Scandinavia for updates on the Spanish property market and I still get regularly interviewed on TV there,” he explains.

His trilogy of travel books Move to Spain, Dreaming about Spain and Footsteps to Spain have sold over 30,000 copies in Scandinavia.

With properties ranging from €100,000 into the multi-millions, Alamo caters for a range of homes along the Costa del Sol from Nerja to Estepona.

And with offices in Fuengirola and Nerja and plans for a Marbella office in the pipeline, Sven’s team are growing quickly.

For more information visit www.alamointernational.com or call 952 46 95 19

OME people are born leaders… but some have this daunting role thrust upon them.

If you own a Spanish property within a community, there is every chance you could find yourself elected as its president – regardless of your nationality or residential status.

The role isn’t always clear-cut and can be a very nerve-wracking task.

But do not fear! Because help is at hand.

The Presidents Club International (TCPI), run by presidents for presidents, was established to give totally free and impartial advice from a multilingual panel of advisors.

The handpicked advisors are selected for being leaders in their fields and offer a wealth of support and advice in your role as president.

While carefully vetted service providers are also recommended with special prices for TPCI members.

Members also enjoy a monthly magazine, log-in to the community website and invites to special events such as quarterly lunches, discussions, informal coffee mornings, a summer BBQ and the annual ball.

For more information call 951 40 24 34, visit www.tpci.es or meet the team based in El Rosario, Marbella.

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SIERRA BLANCA - BEST POSITION - EXCELLENT VIEWS

*Beds: 5 *Baths 5 *Panoramic views

In process

VILLA *Plot: 2.200m2 *Separate dining room *Heated pool

*Built: 995m2 *Library *Gated community

Sierra Blanca is only a few minutes from Marbella centre and Puerto Banus, has all one needs for a lifestyle of comfort, luxury and enjoyment.

REF: 22567P

AN OUTSTANDING PROPERTY FRONT LINE BEACH

GROUND FLOOR APARTMENT

*Built: 179m2 *Heated Pool *Frontline Beach

In process

*Terrace:113m2 *Incredible gardens *Best quality

*Private garden: 75m2 *Jazuzzi, &gym *Gated community

Fantastic apartment front line beach in a luxury development.

REF: 22655P

We still have last minute availability of villas and apartments for summer lettings!!

El consumidor tiene derecho a que se le entregue una copia del correspondiente Documento Informativo Abreviado de la vivienda

Tel: (+34) 952 81 01 02 路 www.KSsir.com 路 Email: info@KSsir.com

Property

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the Olive Press June 11th - June 24th 2015XIX 37 July 23rd - 5th August 2015

Fit for a millionaire I

MAGINE a mortgage with no middleman taking his cut.

One stunning Golden Triangle property has become available with a clever, unique offer to purchase it.

The beautiful 1000m2, five-bedroom villa with amazing views across gardens, a golf course and distant mountains, can be

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But buy this fantastic villa with just €800,000 and then 10 further down payments direct to the owners purchased directly from the owner over a ten year period.

Through an exclusive deal with leading Marbella agent Kristina

STUNNING: Villa with dreamy views

Szekely, the buyers can effectively get a low interest mortgage from the owners.

In order to purchase the property, valued at €2.7 million, buyers would be expected to pay a 30% down payment of €800,000 now and pay the rest over the next decade.

Buyers would then get a fixed interest rate of 3.5%, meaning they would have to pay €200,000 a year until 2025.

The secluded El Paraiso property has all the hallmarks of a millionaire’s hideaway (heated pool, jacuzzi, gym and manicured garden) but with a very reasonable price.

Located between Estepona and Puerto Banus, it is within striking distance of amenities, shops and the golf course.

“It is a great way for a young professional family to own a stunning piece of Marbella real estate in a very different way,”

GREAT VALUE: €2.7 million villa has five bedrooms and a beautiful pool said estate agent boss Kristina Szekely.

“By buying this way they can circumnavigate the complicated mortgage process and move in for just 800,000 euros.”

Her agency, that now has four offices in Sotogrande, Gibraltar, Madrid and Puerto Banus, has increasingly started taking on exclusive properties to sell this year.

“It didn’t used to be worth it, but now we find sellers like the idea that we can really give the property the importance that other agents are unable to do.

“In particularly through our local skills, as well as via our network of 750 Sotheby’s agents around the world.”

For more information visit www.ksmarbella.com.

Office: Local 4, Centro Comercial Carrefour, Las Lagunas, Mijas Costa Contact: Telf: +(34) 952 468 452 Mobile: +(34) 607 314 126 email: info@hiperprop.com Office hours: Mon-Fri 10am to 8pm Saturday 10am to 3pm

Here are some of our exclusive listings – you won´t find these properties anywhere else!

MIJAS PUEBLO Ref: MLSV511492

MIJAS

Ref: MLSV511348

Panoramic views, privacy and tranquility and only 5 minutes from the village are the features that make this Rancho de la Luz 4 bed, 4 bath, one level villa a Mijas classic!

Built: 276 m2 Plot: 4,320 m2 Price: 1,095,000€

REDUCED FROM 650,000€ TO 599,000€ FOR A QUICK SALE!

MIJAS

MIJAS GOLF

Ref: MLSV511467 BEST PRICED VILLA ON THE URBANIZATION! Private, 4 bed, 3 bath villa with great views located on the popular Buenavista urbanisation near Mijas Pueblo.

Built: 193 m2 Plot: 609 m2 Price: 425,000€

www.hiperprop.com

South facing 4 bed, 4 bath family villa with panoramic views, located near Mijas Pueblo. Viewings highly recommended. Offers invited!

Built: 332 m2 Plot: 1,234 m2 Price: 599,000€

Ref: MLSA511465 Superb frontline golf, 2 bed, 2 bath, ground floor apartment with great views over the Los Lagos course at Mijas Golf. Underground parking and storeroom included.

Built: 92 m2 Terrace: 21 m2 Price: 175,000€

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