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Why choose Andalucia Realty

Andalucia Realty is a leading real estate agency in Marbella that places at your disposal the knowledge and experience acquired over 20 years of working in the property market of Marbella, Estepona and Benahavis.

We are proud members of AIPP: Association of International Property Professionals, RAIC: Red de Asesores Inmobiliarios Qualificados y AEGI: Asociación Empresarial de Gestión Inmobiliaria and are also certified Real Estate Brokers of two major Spanish banks

We only list quality properties that are in good condition, offer good value for money and are free of legal problems. Additionnaly, we have access to most properties on the market through our extensive network of agents and we will thouroughly search them to make sure we find you the property that perfectly matches your requirements.

We will take good care of you throughout the entire process, from making your initial travel plans to viewing your property, through to completing the sale and beyond, making sure you are very well assisted at all times.

Our experienced, multi-lingual staff are at your complete disposal.

Recent Updates:

What are the costs of buying a home in andalusia in 2019?

What are the costs of buying a home in andalusia in 2019?

If you want to buy a house in Andalucia, but you are not sure what expenses this purchase can entail, this post is for you!

The price of a home is not the only factor to consider when buying a home. Thanks to the new Spanish mortgage law of 2019, the costs for the buyer have been reduced, but all the factors involved must still be considered.

If you do not apply for a mortgage when you buy your home, the expenses that you will have to assume as a buyer are the following:

  • The notary’s office: It is usually between 500€ and 1000€. Buyers can choose the notary. Their fees are regulated by the state, so they will not vary from one to another.
  • The registration of the property: The cost of the inscription of the property in the registry usually varies between 100€ and 500€.
  • The ITP or VAT: These are two different taxes that you will pay depending on the type of property you are buying:
    • If you are buying a newly built property, you will have to pay VAT on that property. In Spain this value is fixed at 10% with a reduced rate of 4% for social housing.
    • If you are buying a second hand property, you will have to face the ITP, which in Andalucia is fixed in a staggered way, between 8% and 10% depending on the house price. There is also a reduced rate of 3.5% for those residents under 35 years old buying their main residence for a price equal or lower than €130,000.

If you apply for a mortgage, thanks to the New Mortgage Law of 2019, the expenses that the buyer must pay when acquiring his or her new home will not be increased in large amounts:

  • Appraisal: only necessary if you apply for a mortgage. Sometimes banks assume this cost if the Mortgage loan is finally carried out with them. It is usually between 200€ and 600€.
  • Copies of the deed: They are around 20€, a very small cost compared to the costs previously assumed by the buyer (stamp duty, notary, and mortgage registration as well).

If you would like to find out more about the costs you will have to pay when buying a property in Andalucia, you can check previous information here

Which are the benefits of living by the sea?

Which are the benefits of living by the sea?

What are the real benefits of living next to the sea? Since the 18th century, doctors have recommended travelling to the coast and enjoy the sea breeze, but do we know why?

According to a study carried out by the University of Exeter in England, those who live close to the sea showed better rates of physical and mental health than those who lived further away. It is due to several reasons:

Living by the sea helps allergy sufferers and people with respiratory problems:

One of the benefits of living by the sea is that it helps to have better lung quality. The air is in constant circulation thanks to the marine currents, lightening the temperatures, and in addition helping with the cleanliness and quality of the air.

It helps to have a more active lifestyle:

A study conducted by the University of Michigan revealed that living near the sea promotes the regular practice of sports, such as walking or cycling. Marbella’s promenade, with its more than 10km, is the ideal place for a morning run along the Mediterranean shores or a walk with the sunset in the background.

It Improves your vitamin D levels:

Vitamin D is obtained mainly from sun exposure. This vitamine is responsible for strengthening the immune system, raising endorphin levels and reducing the risk of cancer. Don’t forget to use sunscreen and come to enjoy the best beaches on the Costa del Sol!

Improves your immune system:

And not just for vitamin D! Iodine is diluted in the sea breeze, and is a natural bactericide that helps eliminate infections, especially those related to the respiratory and ocular system. In addition, people living by the sea benefit of having fewer levels of thyroid-related hormonal irregularities thanks to iodine.

Helps relieve stress:

It has been scientifically proven that stress has less effect on people living by the sea – and not just because of the more relaxed and calmer lifestyle in coastal areas! According to research, the sea breeze contributes to raise serotonin levels which causes anxiety to decrease.

What are you waiting for to buy a house next to the beach in Marbella? Do it for your health!

New Spanish Mortgage Law, How does it affect you?

New Spanish Mortgage Law, How does it affect you?

If you’re hearing about the changes made by the Spanish government regarding mortgage loans and don’t know if they’ll affect you too, this is your article! Whether you already have a mortgage or are applying for a new one, this information is for you!

If you already have a mortgage… Are you affected by the new mortgage law?

There are only two items that are retroactive:

  1. If you want to convert your variable rate mortgage to a fixed rate, now it will cost you less.
  2. The new law also establishes that, in the event of non-payment, the foreclosure periods change, with a minimum of 12 non-payments now being necessary, or a minimum of more than 3% of the unpaid capital. If the default arises during the second half of the mortgage term, the percentage of unpaid capital must be a minimum of 7%, or 15 monthly payments. The maximum delay interest rate is set at 3 points above the mortgage interest rate, i.e. if you paid 3% interest, in no case may a delay interest of more than 6% be charged.

If you are going to apply for a new mortgage… What changes are there?

  1. Mortgage expenses:

– To be paid by the bank:

Processing agency

Notary

Register

AJD Tax

–  To be paid by the buyer:

The valuation

Your copy of the deed

The costs of agency, registration, notary and stamp duty must now be borne by the bank, and the buyer must only pay the valuation and his copy of the deed of sale.

  1. Consumer protection is increased:

Now it will be necessary to visit the notary twice, at least one day before the signing to receive free advice and answer certain questions. The notary cannot authorize the deed if the questions are not answered correctly and it is proven that you have received the information previously.

More information for the future mortgaged. The bank must provide you with the personalised conditions set out in the European Standardised Information Sheet (FEIN), a document which is a binding offer for a minimum of 10 days. At the same time, you must provide the Standardised Warning Form (FiAE), in which the most relevant clauses or elements are explained generically, a copy of the contract and, if the mortgage is variable, a separate document with the instalments that would have to be paid in various scenarios.

Any abusive clause that does not comply with the regulations will be declared null and void, i.e. there is no statute of limitations to denounce its abuse.

A new entity for resolving disputes related to mortgage loans arises, which will be responsible for processing complaints and claims in this sector.

  1. Early repayment will not have such a high cost:

Early repayment, whether total or partial, of the loan will be now cheaper. The following maximums are established and must be agreed between the client and the bank:

In a variable mortgage, the maximum commission can be one of these two options (to be agreed between the bank and the client):

0.25% only during the first three years of the life of the contract

0.15% only during the first five years of the loan term

After those three or five years, the commission is 0%.

In a fixed mortgage, the compensation can reach the following limits:

2% for the first 10 years

1.5% for the remainder of the term

  1. Moving to a fixed rate mortgage will have a maximum commission of 0.15% if it occurs during the first three years of the loan term, including subrogation changes.
  2. As mentioned above, the minimum number of unpaid repossessions increases to 12 in the first half of the term (or 3% of the principal), and 15 monthly payments in the second half of the term (or 7%).
  3. The bank may offer a reduction of interest in exchange for contracting certain products, but cannot force the customer to contract them. In other words, failure to contract a secondary product by the customer, such as mortgage insurance, cannot result in the bank’s refusal to grant the mortgage.
  4. It prohibits the application of a minimum interest, so banks may not incorporate a “floor clause”. However, by default a minimum rate of 0% is established for all mortgage loans.

Schedules and places to enjoy the Holy Week 2019 in Marbella, Estepona and San Pedro

Schedules and places to enjoy the Holy Week 2019 in Marbella, Estepona and San Pedro

If you come to the Costa del Sol during Easter and want to enjoy the processions and events in Marbella, Estepona or San Pedro, Andalucia Realty makes it easy for you. Check here the schedules and places, and don’t miss any of the processions with its spectacular thrones and Nazarene typical of the “Semana Santa”. At this time, the streets are flooded with the smell of incense from the processions that parade through the most emblematic squares and avenues of Marbella, Estepona and San Pedro. This is an event that attracts not only devoted, but curious people and tourists alike.

To make it even easier to enjoy the processions, thrones, parades and all the activities, we bring you the Easter Calendar of Marbella, San Pedro and Estepona this 2019. Discover where are the best places to see the Tronos and at what time the Semana Santa processions start!

EASTER 2019 PROCESSIONS SCHEDULE IN MARBELLA:

Easter Monday: Departure of the Cristo Atado a la Columna at 20.30h in the Ermita del Santo Cristo, with the most outstanding areas in the Calle Ancha (song of Saetas) and Plaza Santo Cristo (encounter of the Thrones).

Holy Tuesday: Departure of Jesus the Captive at 21.00 from the Church of Our Lady of the Incarnation, with the most prominent areas in the Plaza Puente de Málaga (tribune, and song of saetas), as well as in the Plaza de La Iglesia de Our Lady of the Incarnation, with the meeting of images and distribution of traditional sweets.

– Wednesday of Holy Week: Departure of Jesus the Nazarene from the church of Ntra. Sra. de la Encarnación at 20.30, with the most interesting places to see it in the Plaza Puente de Málaga (tribune, and singing of saetas), as well as in the Plaza de La Iglesia de Ntra. Sra. De la Encarnación, with the meeting of both thrones.

Holy Thursday: On this day there are two processions, the firs one is Cristo De La Exaltación And María Del Calvario, departing at 18.00 from the Ermita del Calvario. The highlights are: The acts prior to the processional departure in the Plaza de la ermita del Calvario, the pass through the Plaza del puente de Málaga (processional parade) and the encierro again in the Plaza de la Ermita del Calvario (encounter of the images).

The second procession of the Christ of Love leaves at 20.00 from the Hermitage of Santiago, with the most outstanding spots in the Plaza de los Naranjos for the meeting of the images.

Holy Friday: Departure at 20.30 from the Capilla del Santo Sepulcro, with the Legion guarding the throne. This is one of the most famous and emotional Easter processions in Marbella, both for the influx of followers and for the spectacle generated by the legionnaires, their songs and their show with their riffles. The most popular areas to see this parade are both the exit of the image of Nuestra señora de La soledad by the meeting between both images in the square of Nuestra Señora de la Encarnación), as in the area of seats in the Plaza Puente de Málaga, and the Encierro in the Plaza Santo Sepulcro.

Easter Sunday: Departure at 12.00 from the church of Ntra. Sra. De la Encarnación, with a peripheral route through the square of the Málaga bridge towards the Alameda, going up c/ Huerta Chica back to the church for the closing (Encierro)

If you want to eat or have a drink in Marbella after the processions, don’t forget to book! In our blog we recommend you some of the best restaurants in Marbella.

HOLY WEEK 2019 IN SAN PEDRO: THRONES SCHEDULES AND BEST PLACES TO SEE IT

Holy Wednesday: Via Crucis starting at 21.00 from c/ Revilla, passing through Calle Lagasca and Calle del Pozo, towards Avenida Oriental and ending again at the temple in Calle Revilla.

Holy Thursday: Departure at 20.30 from the Parish Church of San Pedro de Alcántara. The procession of the Brotherhood of the Saint Nazareno. There is a later procession at 1.00am of the Brotherhood “El silencio”, from the parish of San Pedro de Alcántara.

– Holy Friday: Departure of the two thrones at 20.30 from the Parish Church of San Pedro de Alcántara (church square towards Revilla Street).

Easter Sunday: The throne exits at 12.00 from Revilla Street towards the Avenida Oriental.

TIMETABLE AND ROUTES PROCESSIONS 2019 IN ESTEPONA:

– Holy Tuesday: Departure at 7.30 p.m. of The Passion procession, in the old town of Estepona.

– Wednesday Holy: Departure at 21.00 of the procession from Jesus Cautivo Street. We recommend to see this procession in the beginning (exit from the chapel), or in Ebro Street, where the lights are extinguished and they sing to the saint. Pick up at approximately 2.30h.

Holy Thursday: Departure at 20.30 from the Iglesia del Carmen. Within the rute, we highlight the area of the terrace street (around 00.00) where both thrones meet.

Holy Friday: Departure at 21.00 from the parish Santa Maria de Los Remedios, towards Plaza San Francisco, passing through the tribune area at 23.45, and closing at 1.00am.

Easter Sunday: The procession begins at 11.00 am from the Parish Ntra. Sra. Del Carmen, to Plaza Padre Fernando, finishing the route in Casa Hermandad del Stmo. Cristo del Amor.

If you also want to take advantage of the good weather of the Costa del Sol by visiting some of the best golf courses in Marbella, Estepona or Benahavis, do not hesitate to check our blog so you get the best of your time in Costa del Sol.

If you fell in love with the Mediterranean and its people and you wish to consider buying a holiday apartment in Marbella, Estepona, Benahavis, Mijas etc, do not hesitate to contact us, we have access to the largest selection of properties throughout the Costa del Sol.

 

 

What is and how to obtain the NIE or Foreigner Identity Number in Spain?

What is and how to obtain the NIE or Foreigner Identity Number in Spain?

According to the Ministry of Foreign Affairs the NIE in Spain or Foreigner Identity Number (“Número de Identidad de Extranjero”), is a unique number that all foreigners must have for identification purposes if:

– a procedure is initiated to obtain a document enabling them to remain in Spanish territory other than a visa.

– they have been the subject of an administrative enquiry under the provisions of the legislation on foreigners

-because of their economic, professional or social interests, are connected to Spain.

Where can I apply for a NIE?

If you wish to obtain the NIE for professional or social economic interests, as may be the case if you wish to buy a property in Spain, you can apply for it at the Police Station, and at the Spanish Embassy or Consulates in your country of origin.

The NIE application can take approximately one week.

What documents do I need to apply for the NIE?

In order to apply for the NIE, it is necessary to provide certain documentation:

– Application form duly completed and signed. (You can access the following link to download the EX 15 form and you can find how to fill the EX 15 it with English explanations here)

– Valid passport – original and copy

– Payment of the administrative fee of 9.64€.

If you would like to find out more about how to open a bank account in Spain, or how to obtain the “Golden Visa” in Spain, you can check out the links above on our blog.

You can also contact us in the chat page or filling in the form, we will be happy to help you in the process of finding your ideal home.

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