Sales of newly constructed home in the U.S. fell unexpectedly in December, according to statistic from the Department if Commerce. The decline was 7.6 percent at an annual rate of 342 000 sold homes.

At the same time revised the sales in November up to 370 000 homes. Analysts had expected that December figure would fall to 370 000 after the preliminary November sales at 355 000 dwellings.

For throughout 2009, was it a collapse in sales of newly constructed homes in the U.S. at 22.9 per cent to a record low of 374 000. Many buyer in U.S. has looking and buying foreclosures instead to really low prices who has infect of the sale of new constructed homes.

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On different blogs internetsweden.se, Magnus Bråths and Fredrik Näs in Sweden are they discussion about tampering blogs portal and blogs search, so I obviously need to check this myself, so I listed the 50 most common phrases in chart 3 times after each other to see if the number of weighted and fits in the paste “Sundream-estate.com” many more times, so we’ll see what happens.
Otherwise, of course, nonsense posts, but interesting to see whether and how fast and how long.

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It didn’t start any new developments to build in Marbella and Elvira area last year. Over the last 5-6 year has it been build over 100 new urbanizations of property Marbella or 6.000 – 7.000 Marbella apartments and about 1.000 Elviria apartments. The massive production of properties was going right in the wall in the end. At the same time came the finance crises in the world so the market more or less died over a week. No one could sale a property Marbella, the banks didn’t give any mortgage and many urbanizations lost there first occupation licenses because of the Malaya scandal. Only the clients with cash money and who didn’t care about licenses was the buyer of property Marbella apartments.

Now in the year 2010 is the market slowly on the way back. In February are Marbella Town Hall coming with the new PGOU plan for Marbella and at the same time give all the so call illegal building back there first occupation licenses for property Marbella apartments and villas. Signals from the banks said that they are ready to give mortgage again, to buyers for property in Marbella. We have also in our company Sundream Estate got more phone calls, e-mail and other enquiry of property Marbella apartments. We have just got in 2 lovely apartments next to Santa Maria golf course, build for 4 year ago. They are on 86 m2 plus terrace, 2 bedrooms and 2 bathrooms, a lovely living room with dinning area and a fully equipped American kitchen. Both have garage and store room. The community has 2 nice pool areas. The price stated from 225.000 euros. This is a very good investment for rental or to have a holiday home in Marbella.  

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Some real estates people didn’t think the Marbella property market prices ever going ending rising. Many real estates said to the clients – the property Marbella market prices are growing with 15-20% every year, so in 5-6 year has your property doubling in sales value. Even the real estates themselves believe in what they said. They rent more and bigger offices, employed more people, more luxuries cars; they competed with each other that have most and biggest road signs. Today has many of them gone bankrupt. Empty locals, road sign skeleton with no advertisements and high unemployment.

A property in Marbella is a good investment over long time if the buying price is correct, not those fantasy over prices some real estates was sold for in 2003 to 2007. We have many clients who we sold properties in Marbella under these years. We never took in property in Marbella to any over prices. Some days were I looking at 5-6 properties and only 1 or 2 did we take in for sale, the rest was stupid over prices. Today when the prices has going down with around 15% can we still sale them and the owner don’t lose any money. We only take in properties in good areas like Hacienda Playa, Bahia de Marbella, Elvira Hills, Hacienda Elviria, Cabopino, Los Monteros and many more similarly areas.

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Even when we are in this world wild economic crisis is still Marbella strong in prices of properties. What is Marbella? The oldest and luxurious resort of Costa del Sol is Marbella, known as a place of aristocracy, political and artistic elite from all over the world, which offers its tourists unique conditions for relaxation.

Marbella that is equally remote from the Malaga international airports of Gibraltar air port has mild climate which provides 320 days a year of sunshine. With its contrasts of the azure sea and gray mountains, golden sandy beaches and green parks and alleys, the traditional Spanish colors and a modern cosmopolitan city, Marbella gets the main income from tourism.

Marbella is surrounded by luxurious gardens and parks elite hotels of Marbella are located in the area of fashion boutiques presented from the leading fashion world, art galleries, sports centers, swimming pools, private beaches and golf courses and restaurants. Marbella is also oriented on the tourists with low income that can’t afford high rate hotels. There are some special students apartments where lots of people stay while traveling.

Wonderfully equipped beaches with three sport ports full of luxury yachts will give the tourists unforgettable impressions.  It is the place to let their adrenaline off and try different types of water entertainment: adventure diving and virtuosic windsurfing, an elegant sailing and walking by boats and catamarans, water-skis and bikes – everything is available to guests to improve their experience and help them to have a joyful time. Active people can also get the opportunity to play golf at night, do some fun riding in Marbella and many more things.

The prices of properties in Marbella went not down more then 10-12% under 2009, comparing with the rest of Costa del Sol, who was went down 20-25% last year. Here are some prices of very good apartments, townhouses and villas we have for sale.

Apartments: 2 bedrooms in Hacienda Playa on the beach Elviria   465.000 euros.

3 bedrooms penthouse in Cabopino port Elviria                           650.000 euros.

3 bedrooms townhouse in Monte Biarritz  Marbella                      379.000 euros.

4 bedrooms townhouse in San Manueleswd  Elvira (brand new)     435.000 euros.

4 bedrooms villa San Manuel Elviria (brand new)                         595.000 euros                        

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Marbella is again on the map as one of Spain most imported towns. Just a few weeks ago on the 29th October were the Grand Opening Celebration of Hard Rock Café Marbella. It is Spain’s fifth Hard Rock Cafe after Barcelona, Madrid, Mallorca and Gran Canaria. It is situated in the heart of Puerto Banus, on the corner of Plaza Antonio Banderas, opposite the El Corte Ingles department store and adjacent to the Marina Banus shopping centre. The new establishment is of around 1000sqm and has recently received a 2.5 million euro installation and decoration investment. There is space for around 300 people. As well it includes a bar, an open-air terrace and Rock Shop, and also features Hard Rock’s limited-edition merchandise. The new cafe is expected to create about 70 permanent jobs and up to 100 persons in summer and will definitely bring some more local people and tourists to the port of Marbella.

Marbella has been waited a long time for Hard Rock Café. Marbella have already most of the worlds famous and important restaurants, bars, shops and boutiques to offer tourists and the people who lives here or have a property Marbella apartments or villas as a holydays home.

There are always many people at the new Hard Rock Cafe, so be aware that there could be a small queue to get in. But they handle it quite well and give you a small pager which vibrates when it’s your turn. Nice idea, so you can go to the bar while waiting and don’t have to actually stay in the queue

The Opening Celebration on October 29th was celebrated by Javier Ojeda from the legendary Spanish band Danza Invisible, who performed an acoustic set with two other musicians and a second set with Free Soul Band, a truly funky band from nearby Malaga.

Every day do we get contact with clients from the whole world who wants to buy a property Marbella apartments or villas. Many of them have been here in Marbella and on Costa del Sol before, but many of them ask us ask us where are the best place to get general Costa del Sol tourist information and maps?

The best place to find general tourist information and maps about Marbella and the Costa del Sol is at the many municipal tourist offices. You will get there maps, promotional brochures and discounts to many Costa attractions.

Tourism is very important to Marbella and the city has established four locations where visitors can receive much information about Marbella attractions, beaches, activities, main sights, etc…

These offices can be really helpful as they hand out free of charge maps, promotion discounts to attraction parks, water parks…

These offices are generally open from 9am to 9pm Monday thru Friday, and 10am to 2pm on Saturday. During the winter season, this schedule may vary slightly.

The offices are located at:
- the Plaza de los Naranjos in Marbella historic center,
- the glorieta de la Fontanilla along Marbella paseo maritimo,
- the plaza Antonio Banderas in Puerto Banus,
- conjunto San Luis in San Pedro Alcantara.

The phone numbers of the main office (la Fontanilla) are (+34) 952 86 89 77 / 952 77 14 42.

For other towns on the Costa, visit their official municipal website:

www.marbella.es
www.benalmadena.com
www.fuengirola.org
www.mijas.es
www.ayto-torremolinos.org
www.estepona.es

A court in Marbella has told the four British purchasers of a property Marbella seen as illegal by the Junta de Andalusia that they cannot have their deposit returned and they must go ahead with completing the purchase. The purchasers must now pay all the court costs as part of the ruling, but do have the right of appeal to the provincial court.

They had claimed their deposit back after a delay in the handover over a challenge to the building license. Court orders the British buyers to complete purchase of irregular Marbella property.

The buyers have paid over more than 103,000 € as a deposit on the apartments on the urbanization Santa María Green Hills, in Elviria Marbella, signing the contract with Marbella Vista Golf S.L. in November 2004. The Spanish new paper Diario Sur reports that the apartments should have been handed over before 1st January 2006, but, owing to the regional government’s challenging the building license they considered to be illegal, neither the property nor the gardens and promised golf course were completed by that date.

The would-be buyers then claimed their money back through the courts, with the company placing its own counter-claim as part of the same proceeding. First Instance Court No. 5 in Marbella has now found in favor of the developer, ruling that the fact that the property was not completed on time is not the company’s fault. The court also said that any irregularities in the license granted by the Town Hall cannot be attributed to the developer.

There was a similar case affecting the same urbanization two years ago, when other British buyers had their claim for their stage payments to be returned turned down by a court. Sur however reports another case a year later, when the provincial court ruled on appeal in favor of the buyers, ordering the developer to return their payments.

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Over the last two year with the economic crisis in the world and our three criminal cases in Marbella under the names “Ballena Blanca”, “Malaya” and “Hidalgo” have the prices for property Marbella and apartments got down. I have write about many of the problem we have in Marbella. The problem is so many for a seller; first if he get a buyer, then hope that not the buyer’s lawyer say to his client – I think the apartments don’t has the building license or that the prices maybe is going done little more and in the end try to find a banks who want to give a mortgage, the Spanish banks don’t have any money more. The English news paper do also a lot by writing that the prices has going down 40 – 50 -60% in Spain, where??? Where do we asking the client. A property in Marbella has maybe got down 10 – 15 % over the last two years. The most of the sellers say – then do we not sell now and wait some year and see how the market are then. Marbella apartments or villas are a good investment over some year. Now can we se some light in the tunnel, Marbella Town hall have more or less sorting out all illegal licenses problem, the banks are slowly starting to get new mortgage and the buyer have understand that the prices is not going down any more. Here is some of the article I have write about the problems in Marbella.

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House prices in Dubai market has foundered in the past year and in the Baltics, it is also bad. In Central Europe and in Israel has the prices are rising.

It is the UK valuation firm Knight Frank, which has produced a summary of the global housing market. The company has looked into the prices of houses between the third quarter of 2009 and the same period last year.

Overall, the world’s housing markets have recovered over the past year and more than two thirds of the 42 countries that Knight Frank unit has experienced price increases over the last three months. Despite this, the average price levels are lower in 60 percent of the country than they were a year ago:

“House prices will now rise in a clear majority of the countries included in the study. This can be compared with the second quarter, when prices rose in 50 percent of the countries,” says Liam Bailey, head of house analysis at Knight Frank.

Most of all has the prices raised in Israel. Here has the prices going up an average of 14 percent. Although Malta and Alpine countries Switzerland and Austria have seen sharp increases in house prices over the past year. During the last quarter, have the housing market in Singapore increased strongest and climbed by over 15 percent.

Sweden is among the countries in the minus column. The Swedish house prices have dropped, with 0.4 percent during the past year. This puts Sweden in the middle of the table.

Dubai has the worst problem. Prices have almost halves in the Emirate over twelve months.   With this place Dubai itself at the bottom of the list, before the two Baltic states of Estonia and Lithuania and Bulgaria.

Knight Frank also notes that several countries in Europe have not yet seen rising house prices during a single quarter after the credit crisis. These include Spain Ireland and Denmark.

Footnote. Knight Frank house price index is compiled using official data from each county’s statistical agency.

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http://www.sundream-estate.com/blog/2009/05/27/the-worlds-largest-real-estate-crash-league/