Roperty 2019 Press Pack

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P roperty 2019 Press pack

www.theolivepress.es www.theolivepress.es [email protected] l (0034) 951 273 575 More than just the news

www.theolivepress.es bestMalaga’s property magazine November 21st - December 4th 2018 13 JOIN THE... roperty www.theolivepress.esP Issue 25 November 2018 THE PERFECT FRAME: An indoor cubed garden leads on to a view of Gibraltar at new home in Sotogrande, see page XXVIII Divine P roperty inspiration ...BOOM The Olive Press group launched a brand new exciting stand alone Property Magazine in 2018, geared towards the exciting and rapidly expanding property market, that ANGELIC ARCHITECTURE: A Madrid architect has won an award from the RIBA had ground to a halt during the recession. As well as for his unique take on religion, see page XXXIV distributing thousands of copies to over 300 agents and Massive other property related businesses on the Costa del Sol, it growth in buyers from abroad, FOREIGN also appears inside every copy of the Andalucia edition, with the British leading the way with smaller versions appearing in Costa Blanca, Gibraltar despite Brexit fears AN avalanche of foreign buyers is setting Spain’s property FIREBALLSecond up come the French, who bought 4,211 properties (a market on fire! and Mallorca. A total of 53,359 homes were acquired by foreigners in the drop of 5% on last year) and the Germans, who bought 4,138 Destination-wise, Valencia was the favourite province for in first half of 2018. homes, some 2% less than last year. vestors, accounting for a third of all foreign sales, with 15,613- The massive figure dwarfs the 33,000 sales recorded in the When it comes to buying trends it turns out that the Irish, Da- sales. same period of 2007, when Spain’s property market was at its nish - and most interestingly, the Moroccans - are the fastest It was the region with the highest year-on-year growth at peak. growing nationalities. 16.7%. And, no surprise, the British continue to lead the way, accoun Spicing up the market, Moroccans bought 3,662 properties, a Andalucia came in second with 8.2% of the foreign market ting for a record 7,613 purchases, up 8.8% on 2017. - growth of 29% on last year, while the Danes were up by 18% (9,737 sales), followed by Catalunya with 7,570 sales, unsurpri That’s according to the latest official figures from Spain’s nota and the Irish 25%. singly a 5.3% decline from the same period last year, much to - ries showing that 14% of all foreign buyers were British. - Romanians meanwhile continue to be a strong market having do with current political tension. bought 3,872 homes. The fifth highest destination was Madrid, where foreign mar • Original, incisive content about the Spanish ket sales increased by 5.4% (4,911 purchases). - property market • Specialist opinion and comment articles each month • Recent clients include Savills, Fine & Country, ‘Spain’s most Panorama, Winkworth, Chestertons, Engel & interesting and Volgers and Taylor Wimpey incisive property • Exclusive advertorials compliment any advertising campaign publication’

www.theolivepress.es bestMal property magazineaga’s The Brit Know architects October 24th - November 6th 2018 Malaga’s It’s the stand alone property 13 best property taking March 13th - March 26th 2019 13 Madrid magazine what this magazine that has got the roperty by storm www.theolivepress.es www.theolivepress.esP is? It’s just October 2018 coast talking...find out why with SEE PAGE X Preserving the old... Spain looks to protect its social and industrial past, with new laws guaranteeing helped an issue 2 of our popular Property the safety of key buildings... roperty See pa III & IX g architect Pwww.theolivepress.es October 2018 es win the magazine FREE inside

world’s Malaga’s best property 13 SAVED: An i The Brit October 24th - November 6th 2018 conic metroworkshops in Madrid, while this famous photo by C apa (right) could save this key cultural building most magazine ...While a series of exciting new See Legacy www.theolivepress.es architects architectural trends are making waves in Voted Spanish interior design roperty prestigious on page VI taking BEST Issue 27 March 2019 prize Madrid Pwww.theolivepress.es by storm expat

STYLISH: Hip new wine shop wows visitors, while this spacious interior of paper a new development in La Reserva is tempting world’s wealthiest investors ...Celebrating the new

See pages XVI & XVIII Also found SEE OUR in ADVERT SEE PAGE X INHE Costa del Sol and Barcelona areDEMAND driving up roperty Spain demand in Spanish property. October 2018 Data from Spain’s Instituto Nacional de Estadisti Spanish property is a hot INSIDE ca shows that, on an annualised basis, house prices- the Instituto Nacional de Estadistica (INE). Tgrew 6.8% in the second quarter of 2018 with new-build price tags rising 5.7% (see report page IV). commodity and that’s not Analysts suggest a good portion of the recovery in housing www.theolivepress.es (Free or paid for) However some areas are clearly picking up more of the is being driven by foreigners buying homes on the Costa del slack than others, with Catalunya rising 3.7% while Galicia changing anytime soon Sol and in cities like Barcelona. by just 0.7%. It comes as the country is continuing impressive economic And despite Brexit, the largest number of foreign home P The data is the latest confirmation of a trend of strong growth after being among the worst hit countries by the buyers are British, followed by the French, Germans, Bel - FREE Vol. 13 Issue 303 www.theolivepress.es October 24th - November 6th 2018 demand for Spanish property. 2008 crisis. gians, Italians and Swedes. - In 2017, the total number of home sales in Spain increased The outlook for Spain’s housing market remains upbeat, WITH RESERVATION 14.6% to 464,423 units from the previous year, according to with house sales expected to rise by between 10% and 15% King of cool to reach about 550,000 transactions this year, according to Spain looks to protect its social and TINSA, the country’s official valuation and surveying body. Spanish maestro celebrated for industrial past, with new laws guaranteeing five decades in the business, Asses the safety of key buildings... see STARchitect page XII Preserving the old... See pages inside in III & IX gear CAMPAIGNERS remain sceptical over new plans to improve the lives STRANDED of Mijas’ famous donkeys. Highest rainfall figures It comes after the town issued pro- EVERY posals to bring in weight limits for in history leave hundreds riders, while ensuring the donkeys are free of injury and are wearing homeless, one dead and streets proper saddles. destroyed Under the plan stables must also be up to humane standards and the donkeys must not be overworked. "We have to move with the times," said mayor Juan Carlos Maldonado. "We are going to improve the quality of life of the donkeys which, in turn, printed SAVED: An iconic metro workshops in Madrid, while this famous photocontributes by Capa (right) couldto the save local this key economy" cultural building ...WhileWelfare a series of exciting new The mayorarchitectural added: "The donkeytrends taxi are making waves in is one ofSpanish our major interior tourist designattrac tions and we have to combine this- with the welfare of our animals.” However, campaigners warn that the laws, pulled together with local associations, could be simply ‘empty edition of promises’, particularly with elec- tions coming up next year. Campaigner Mike Frizell, from Mi jas Pueblo Animal Cruelty, warned- that such new laws were meant to be introduced several times in the past years. “We have seen the lies from the may- or over and over again,” Frizell told the Olive Press. the main TM COLLAPSE: See pages Only road XVI & XVIII between ...Celebrating the new Estepona and STYLISH: Hip new wine shop wows visitors, while this spacious interior of TM Forest Hills a new development in La Reserva is tempting world’s wealthiest investors caved in by Rio Padron bursting its banks See page 55 Tel: 902 123 282 See page 37 SIMPLE, INTRICATE AND STYLISH: Bofill’s works are all, or a Olive Press HUNDREDS were rescued, mixture, of the three 902 123 282 while a fireman died, after tres per metre square of rain- Malaga was battered by the fall in just 12 hours. biggest ‘weather bomb’ in Estepona and the towns near Spain’s history. Antequera were particularly Dozens of towns were left hard hit, while the A-92 mo- the*Offer Instituto ends Nacional 30/11/18. de Estadistica Not (INE).valid for renewals. Subject to conditions.semi-submerged after hun- torway was shut and a fire- UK BASED Analysts suggest a good portion of the recovery in housing dreds of litres of water fell in INHE Costa del Sol and BarcelonaDEMAND are driving up Spanish property is a hot is being driven by foreigners buying homes on the Costa del man was swept to his death in just 12 hours over Saturday demand in Spanish property. - TRAVEL Sol and in cities like Barcelona. - Campillos. DataTheOlivePress-256x170-BIKE-4.indd from Spain’s Instituto Nacional 1 de Estadisti commodity and that’s not night and Sunday. The damage is still being as- And despite Brexit, the largest number of foreign home - In Alpandeire, near Ronda, a ca shows that, on an annualised basis, house pricesINSURANCE buyers areReliable British, followedprivate hireby the transfer French, Germans, Bel sessed - expected to run into Tgrew 6.8% in the second quarter of 2018 with new-build changing anytime soon gians, Italiansservices and Swedes. for any occasion national record was broken newspaper the tens of millions - with in 2/8/18 17:01 price tags rising 5.7% (see report page IV). It comes as the country is continuing impressive economic The outlook for Spain’s housing market remains upbeat, after the village saw 399.4 li - for Spanish • Luxury vehicles - surance companies’ phones However some areas are clearly picking up more of the growth after being among the worst hit countries by the with house sales expected to rise by between 10% and 15% ringing off the hook. due to other nationalities flooding the market, it is expected to rise slack than others, with Catalunya rising 3.7% while Galicia 2008 residentscrisis. to reach about• 550,000Door to transactions door service this year, according to 902• Airport collections 123 282 As well as substantial damage by just 0.7%. CAS - again this year. In 2017, the total number of home sales in Spain increased TINSA, the country’s official valuation and surveying body. HBACK ON to roads and buildings, a wall RITISH buyers in Spain have beaten pre-Brexit referen The Brits have not stopped investing The data is the latest confirmation of a trend of strong www.globelink.co.uk14.6% to 464,423 units from the previous year, according to • Weddings transport According to property expert Mark Stucklin, of Spanish Property demand for Spanish property. • Sightseeing day trips YOUR HOUSE of the historic Arabic baths in dum records despite the doom and gloom, new figures Insight, the weakness of Sterling against the Euro was the leading STILLin Spanish property with a HOT12% rise • Restaurant shuttles Ronda collapsed. have revealed. cause of the drop in demand. At least 400 vehicles were Shrugging off the UK’s imminent departure from the EU,- in purchases last year “Once the Pound stabilised at a lower level British demand also sta- 96 626 5000 Find out more at: 617 333 777 also destroyed. Bthe sale of homes to plucky Brits rose 12% in 2018 to 10,178 - beat last year. It means the UK’s share of the foreign market has been bilised and then began to grow again,” he explained. www.simply-shuttles.com +44 (0) 1353 699082 ing the 2016 record of 10,156. steadily increasing from a low of 14% in the first quarter of 2017 tel: 951 279 117 SEE FULL STORY PAGE 3 Continues on Page III [email protected] www.eliteglasscurtains.com PAYB While UK buyers declined significantly in the quarters after the to 17% at the end of 2018. ACK WHEN referendum in June 2016, and by a massive 28% in the last quar- Although this is not yet back to the levels prior to the referendum YOU SELL ter of 2016, they started recovering to increase by double-digits Opinion Page 6 4 www.theolivepress.es NEWS December 6th - December 19th 2017 *Offer ends 30/11/18. Not valid for renewals. Subject to conditions. Hot Costa del Sol hotel has three water months to SOME 14 fire bosses have ‘He deserves it’ been arrested for allegedly fight decision embezzling €7 million in Not From Page 1 public funds. before it is He even got himself a financial advice slot on a well known radio station, through which he snared unsuspect The Policia Nacional found - that the Consortium of demolished ing victims. However, a comprehensive Olive Press investigation ex Bomberos Cadiz took out - mass early retirement insur- A HOTEL is to be knocked posed his scams that involved stamps, coins and gold. ance policies. down for not having enough We also revealed how he and his close pal Barry Nathan But when their employees class! enough wined and dined up to a dozen criminals, anonymously, retired early, chiefs siphoned Benalmadena’s Hotel Vista through the food column. TheOlivePress-256x170-BIKE-4.indd 1 off the money from the pay- de Rey must be demolished He eventually fled the country following our expose, outs. within three months, a court but we soon tracked him down to the UK, where he had has ruled, changed his name by deed poll and was selling coins and Authorities also found dis- 2/8/18 17:01 crepancies in the consor- Andalucia’s Superior Court antiques on eBay from a small Berkshire cottage. www.theolivepress.es tium’s training courses. of Justice ruled that the ho He was quickly found guilty under English law of conning - Large sums were paid to a stars people and given a suspended prison tel falls short of its four-star sentence only due to health reasons. company to provide training requirement. than permitted. courses, but no evidence has “And because he promised to never been found that these courses Although the town hall and go back to his online cons,” one of the took place. Probing developer maintain this ex- British victim explained. Meanwhile, irregularities It began probing the three cess was later corrected, the But this is apparently not the case with were also found in grants and star hotel and apartment judge ruled that the rectifica- two victims claiming he is still using subsidies, which cops believe block in 2011 after it was de- tion would have taken place eBay to sell ‘dodgy’ coins and stamps from his unpaid flat in Brighton, us- were used to pay for private nounced over planning rules after the granting of the li- [email protected] l (0034) 951 273 575 cence, so does not count. ing the names ‘gqtrading’ and ‘gqtrad- trips. which set aside the plot for a ing2’. The irregularities date back four star hotel only. The building has 61 apart- to 2008 and cops believe at ments and 46 parking spac- “We are pretty sure he has broken his According to the PGOU town bail conditions and will have to finally least €7 million has been sto- plan an apartment block was es. len by those at the top. The original building was go back to prison,” said one victim. not permitted and it also “The nerve of this man is unbelievable.” breached rules by being over granted planning permis- His landlord last night insisted he should have known sion by then mayor Enrique 700 square meters bigger DOOMED: Costa hotel something was up from the start. Bolin in 2001. “When we met to sign the contracts I thought he was a bit Pipe ban slippery, I went to pay for my coffee only for the barista to FRUIT growers in the Axar- tell me he had left without paying his bill.” quia are facing a 60% reduc- He continued: “He paid for the first couple of months but tion in water use from the La SMUGGLERS’ WALL then just stopped. He told us his account had been frozen due to a money laundering investigation, which is prob- Vinuela reservoir with no so- lution in sight. POLICE officers have formed a human wall ably true. “He then told us to stop contacting him and ac The Junta has decided to along a beach in La Linea to ensure that the deter drug smugglers from using the beach cused us of harrassment. - limit its use as the reservoir is construction of a beach wall went ahead. as a drop off zone. “Now he is claiming he is seriously ill and can’t work to already at 22.7% capacity and The wall, between the church of Nuestra A combined police presence of Guardia Civil, make payments. could drop even lower if the Senora del Carmen and the perimeter wall local and national officers were present as “We’ll see him in court.” dry weather keeps up. of the fishing port of La Atunara, hopes to fears grew that drug smugglers would try and disrupt the work. Opinion Page 6

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24/11/2017 11:18 ARTWORK SETUP TO 25% OF ACTUALARTWORK SIZE. SETUP TO 25% OF ACTUAL SIZE. 24/11/2017 11:18 PROPERTY Price List FULL PAGE JUNIOR PAGE 1/2 PAGE VERTICAL 1/2 PAGE HORIZONTAL

(256mm W x 342mm H) (200mm W x 250mm H) (126mm W x 341mm H) (256mm W x 170mm H) Andalucia - 1150 € Andalucia - 850 € Andalucia - 700 € Andalucia - 700 €

1/3 PAGE VERTICAL 1/3 PAGE HORIZONTAL 1/4 PAGE DOUBLE STRIP

(83mm W x 341mm H) (256mm W x 105mm H) (126mm W x 170mm H) (256mm W x 90mm H) Andalucia - 500 € Andalucia - 500 € Andalucia - 455 € Andalucia - 440 €

1/6 PAGE STRIP www.theolivepress.es bestMalaga’s property magazine February 13th - February 26th 2019We uncover Spain’s 13 13 most iconic bestMalaga’s property September 26th - October 9th 2018 frescos, magazine www.theolivepress.es from the dark ages roperty to the 21st century, see www.theolivepress.es P Issue 26 February 2019 Fab Frescos VS page VIII

INTERIORS WORLD CUP, PARTSee page 2 XXVI ropertySeptember 2018 Pwww.theolivepress.es From ust an hour or two from the Costa del Sol you’ll find a range of stunning historical gems for sale, - Jmany going back to the Ro - INLAND man era and one where Napo medievalleon (right) once stayed. See page XVI Little bit pricey Is this Spain’s most expen- DREAMING sive home? Page VI to modern

As Spain adds 11 new towns to its ‘most beautiful’ list, Price hike we explore how their unique architecture helped get Taking a stroll around a mountain of bargains them there, see Belissimas page XXVI Page IV

TRIPLE JOY: Historic internal patio in Cadiz stunner, while (below) ancient arches in Sevilla mill and a vineyard/equestrian estate, near Ronda Casa or Cave Fabulous photo report of Andalucia’s cave-dwellers Page XX

Famous Guests Reform of stunning hotel where Virginia Woolf stayed Page XXV Vertical (83mm W x 170mm H) (256mm W x 45mm H)

bought as investments. “In a low interest rate environment investors are seeking Horiz. (126mm W x 110mm H) NiceORE buyers than ever are snapping up secondlittle Costa del Sol is cashing earnersin on a out income-generating assets,” said Paul Tostevin, associate homes to rent out - and the Costa del Sol is the buy-to-let boom director for Savills World Research. second hottest destination of choice. “Today’s second home buyers want properties to work for According to new research, more than two Even up to 2000 that figure only dropped to eight out of them financially and they’re increasingly looking not just to LETcover costs but to turn a profit.” IT GROW SPAIN’S property market is expected to continue growing for at Mthirds of owners now rent out their second homes to cover 10 homeowners. But times are changing with more buyersleast hoping another to two turn years, expertsHe added: have “Global predicted. tourism continues to grow, with inter- part or all of their costs, reversing the trend of 50 years national tourist arrivals up by 7% last year toExpansion a record 1.3 for two more years, as continued to be in the top three destinations for property invest ago. - their holiday home into a nice little earner,According according to a leading to a Catalan institute, ITEC, there will be no slow survey by Savills and HomeAway. down until at least 2021. billion. At the same time, the rapid expansionmarket of online approaches growth of 17% ments in the world for Brits. - The top three locations benefiting from the buy-to-let sec holiday home platforms such as HomeAway opens up the Andalucia - 330 € Andalucia - 300 € ond home boom are the Costa del Sol, which has 4% of the In the early 2000s, only 14% of secondIt homes comes wereafter lastbought year saw sales reach their highest since the 2008 The only regions where sales fell were in the Canary and Balear purely for rental rather than personal use. market to new target groups and makes it muchthis easier winter for - international market, the Costa Blanca, also at 4%, and the crisis, with a 9.7% year-to-yearowners increase to make from their January properties to September. income-producing.” ic Islands, the latter of which saw a significant 3% drop in the last Algarve, in Portugal, with 5%. But by the time of the credit crunch, thisMeanwhile, figure had the risen number of sales in October rose by a huge 17% com Growth was particularly strong in Murcia, up 53%, and interesting quarter. Back in the 1970s, nine out of 10 homeowners kept their to 19% and now more than a third of pared second to homesthe same are month in 2017, according to official government - ly, Sevilla province saw a 50% spike. - Meanwhile, the Spanish house price index published by Tinsa, second homes purely for themselves. statistics (INE). Growth was also strong across the board in Catalunya, and Barcelo Spain’s biggest appraisal company, showed prices in the big cities New home sales were up 15% to 7,971 and resales up 17% to 43,536. na in particular with a rise of 31%. - such as Barcelona and Madrid were up 9.4% in November. And it was hotspots like the Costa del Sol and Costa Blanca which The Mediterranean coast shot up 7.8%, and the Balearic and Canary Islands up 2.3%.