The Ultimate Homes Blog

A new feature that we are starting this month - a showcase of some of our favourite properties that we have visited in the last week or so. Let us know what you think! Altea Altea Sierra Mar 190.000 Euros 3 Bedrooms 3 Bathrooms Villa Living Area 165 sq.meters Recently built villa within a small development of sixteen homes with access to a communal pool, stunning mountain views in the Sierra de Altea. View this property on the Ultimate Homes website for more information _________________________________________________________________________________ Benissa Benissa Finca 249.500 Euros 3 Bedrooms 2 Bathrooms Country Home Living Area 166 sq.meters on a Plot of 11.470 sq.meters A rare opportunity to purchase a country home with land at this price, the property is in need of some work and a new kitchen but has been reformed, the land needs a good tidy but this could be a dream home. View this property on the Ultimate Homes website for more inform...

  Corner townhouse, three bedroom three bathroom property for sale  Price: 250.000 Euros plus taxes Contact Barry on +34 657 960 480 or via email  here for viewings.

The US billionaire investor Wilbur Ross was recently interviewed by CNBC and made some  comments regarding the property situation in Spain, worth a listen and three minutes of your time. I especially love his comment of "walking down the streets of Madrid or Barcelona, and you don't see the beggars which would suggest that so many people are working in the grey economy". Also good to note that such big investors really do see that the property in the coastal resorts "is starting to mend".

Only 12 months ago, institutional investors and international property developers were not even considering Spain as an option, but now it is a star attraction , according to the latest annual report from PriceWaterhouseCoopers (PwC) and the Urban Land Institute (ULI) "Emerging Trends In Real Estate 2014". (Download the report here ) The turnaround in sentiment started mid 2013 once Sareb, Spain's equivalent to the so-called bad bank opened for business, resulting in a rush of opportunistic investors looking to do business in Madrid and Barcelona. Some huge deals have followed, with large funds buying millions of euros of assets from banks that had struggled to offload assets. And by the autumn, Spain had transformed from property pariah to star market! And many of those investors believe that the revival will continue into 2014. Spain is still very much a medium term play (the taxes that holiday hoe buyers make a quick killing virtually impossible right now) but i...

"The situation has changed radically since January." "We are living a unique moment". These statements relate to a broad representation of experts from presidents of the leading consultancies in the country to representatives of international funds in the real estate sector.  After more than five years of crisis, uncertainty about when the real estate sector would recover  - a 'vital sector" in the Spanish economy according to Finance Minister Cristobal Montoro - has given way to a widespread optimism, thanks largely to the participation of  foreign investors. "We have entered a new stage in the Spanish property market. In recent months, we have seen  materialize  what seemed impossible a year ago" "Foreigners have seen the opportunity and started thinking that now is the right tome to invest in Spain, to achieve attractive returns in the future" noted Ricardo Marti-Fluxá yesterday, president of the Association of Real Estate Co...

Over the last few years, I can probably count on one hand the number of invites we have received to attend a launch of a new development, however with buyers returning in their droves, today (Wednesday) we were pleasantly surprised by the stunning surroundings of the final phase of the development "Flor de Ponoig" located in Polop, about ten minutes drive from the beaches of Benidorm and Altea. This is a development of 58 two and three bedroom town house properties within an established urbanisation, and they are ready now. Prices range from 95.000 Euros (plus taxes of approximately 13% in total) for a two bedroom town house and from 145.000 Euros for a three bedroom corner town house. The properties are spacious, the two bedroom having a total usable size of 112,87 sq.meters and the three bedroom version, a usable size of 130,40 sq.meters. The properties are officially on sale as of Monday 11th November with completion of contracts at the notary in the first qua...