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Archive for July, 2010

Apartment on offer in Pueblo Montecala with a price reduction of 31.69%

Views from the apartment on offer

Views from the apartment on offer

Special offer on a Pueblo Montecala apartment, in the Cumbre del Sol urbanization in Poble Nou de Benitachell, in the province of Alicante. Here’s the chance to purchase a 2 bedroom apartment in Pueblo Montecala with a discount of € 52,891 on the original price, in other words, a 31.69% discount!

A brand new apartment, two bedrooms, a bathroom with shower, fully equipped kitchen, living room and large 15,24 sqm terrace.

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Increase in property transactions in May 2010

Increase in property sales in Spain during May

Increase in property sales in Spain during May

In May 2010 a total of 37,784 property sales transactions were signed, 3,400 more than during April 2010 (inter-monthly rate of May over April of 7.3%). If we compare this figure with that obtained in May 2009, we also obtain a positive result because, in May 2010, 3772 more homes were sold than in May 2009, with an year-on-year rate for the first five months of the year of 11.5%.

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Rental prices for holiday apartments

Apartments for rent at Cumbre del Sol

Apartments for rent at Cumbre del Sol

This summer the apartment rental prices in the Valencian Autonomous Region have been reduced with discounts between 10 and 15%, depending on the area and the accommodation.

The price for an apartment on the beach with all interior fittings and swimming pool for four or five people for one week in August, including VAT, varies by area: in Denia the price is 770 euros; in Benidorm (a building in the town centre)it is 646 euros; in Orihuela (urbanization), 663 euros; and in Cumbre del Sol Poble Nou de Benitachell it is 550 euros.

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The Euribor interest rate in June 2010

The mortgage reference rate increases again in June

The mortgage reference rate increases again in June

The Euribor interest rate, which is used as reference for most mortgages in Spain, ended the month of June 2010 at 1.281%, which make these three consecutive months on the rise and marks its highest value since August 2009 when it stood at 1.334%. Analysts say it will continue to increase its value slightly.

The reason for predicting the increase of the Euribor rate is the uncertainty in the interbank market, which has not improved even after the European Central Bank guaranteed liquidity or the Spanish Treasury auctions closed successfully.

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Cala Llebeig in the travel guide El Viajero in the El País newspaper

Cala Llebeig cove in Cumbre del Sol in El Viajero Travel Guide

Cala Llebeig cove in Cumbre del Sol in El Viajero Travel Guide

Unquestionably, those who discover the Llebeig cove or the Moraig beach in Poble Nou de Benitachell (Alicante), are fascinated, and catalogue them as paradisiacal locations on the Mediterranean coast. The last mention in the press refers to the Cala Llebeig, in an article published in the El País newspaper, in the Travel Guide supplement published on Saturdays called El Viajero, in particular, in the article of the 26th of June “Lets go…. to the beach” Shoes off! The Spanish coast, from A to Z. And the best offers for hiding on the beach in July and August.

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