A Place in the Sun magazine have previewed an article in their February 2012 issue of the magazine in which they announce Spain as the best place to buy property in 2012!!

The list has been put together based on the findings from research undertaken at both A Place in the Sun Live shows and the A Place in the Sun magazine reader survey.

If you are considering investing in the Spanish property market, look no further than Barrington Homes. We have a fantastic selection of properties in the Duquesa area and at unbelievable prices; we also work closely with agents all along the Costa del Sol and will happily help you in your search. We are happy to advise you with regards to mortgages and can recommend an english speaking Lawyer to guide you through the buying process.

To book a property viewing trip click here.

I have written about Marina del Castillo in a previous blog and after reducing the prices, almost all of the apartments have been sold. One of the apartments has now been released back onto the market at a significantly reduced price.

We can offer you this fantastic 1 Bed 1 Bath Penthouse, South West facing, first line Beach with open sea views.    

• Constructed              112.00 m2
• Terrace                       38.00 m2
• Garage                          2
• Storage                         1

Price before         629′680 €  

Price now:             209′558 €

For more information or to arrange a viewing, contact us at Barrington Homes.

Many property owners in our areas of Duquesa, Manilva and Casares Costa have bought their properties as investments and as such open their properties to long term rental tenants. Importantly for those landlords there has been a recent amendment to the Civil Precedural Law that involves important changes to the eviction process.

The new eviction process involves the Court sending a notice to the defendant giving a 10 DAY period to either pay the outstanding rent or vacate the property or defend the claim. If the defendant (tenant) has not replied within this 10 DAY period or has not settled the debt within the 10 DAY period,  the Court will declare the property eviction without a Court trial. If the defendant decides to challenge the claim, a court trial will be held.

This change also allows the claim to be made through a small claim proceeding which is a much faster process.

If you are considering renting your property long term please contact our long term rentals Manager, Marisa who will be happy to advise you. For holiday rentals, please contact Judith.

We have many properties for sale at fantastic prices so if you are considering taking advantage of the current market conditions and making a property portfolio acquisition, please contact us in the sales department and we will be very happy to help and advise you.

There is some exciting news in the Spanish property world and for those considering purchasing a new build property on the Costa del Sol!

The Spanish government have recently announced a reduction in the IVA (VAT) paid on a new property purchase – from 8% to 4%!

So what does this 50% reduction mean in real terms for property purchasers? Quite a lot and for example:  If you are purchasing a brand new property in Spain for €150,000, instead of paying €12,000 IVA, you will now only have to pay €6,000! 

But you have to be quick!  Unfortunately the new ruling  is only in force until 31 December 2011 and sadly does not apply to resale properties.

Barrington Homes have some wonderful properties in prime developments where you can take advantage of this offer – Take a look at the beautiful beachfront development of Marina Castillo where prices have also been drastically reduced. Coto Real is a much sought after address and offers a high quality build in a peaceful development and close to amenities and finally Residencia Duquesa, a fantastic location on the edge of Sabinillas and close to the beaches and Puerto de la Duquesa.

For more information or to have a browse through our property portfolio, come along to the Barrington Homes Office in Sabinillas, take a look at our web-site or contact us directly.