Category: Costa del Sol

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

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

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

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

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

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

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

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

The residential property market appears to be recovering from the initial pandemic slump. The latest residential property sales figures published by the Spanish governments central statistics unit show that in February 2021 a total of 43,185 homes changed hands across the country, representing a decrease of just 4.3 per cent in comparison with the same

Andalucía has the fourth-highest number of ‘suns’, with 60 of the total of 618. Four more restaurants in Malaga province have received a ‘sun’ distinction from the Repsol Guide, a respected authority on Spanish cuisine. This accounts for half of the eight restaurants in Andalucía to receive the award for the first time and means