COSTA ESURI news about the hotel and shopping center

There was a meeting recently with the Major of Ayamonte and the Representatives of some Comminities of Owner in Costa Esuri
on November the 12th 2008.

Here are some major points:

1. There should be in the future an "Entidad Urbanistica de Conservacion" (E.U.C) (could be translated as Macro Intercommunity.)
The E.U.C. is responsible for the public gardens and roads maintenance.
The fees are not known right now, but will be charged according to each
property`s coefficient.

2. There will be in future a stronger presence of local policemen in Costa Esuri.
As well there could be a stronger presence of the Guadia Civil of Ayamonte in Costa Esuri.

3. There should be asap a solution a school transport for children which go to school in Ayamonte. To solve a general public transportation system needs some time, because now it is based on a private company "DAMAS S.A.

4. Against all pessimist comments on the medias regarding Costa Esuri, this will be a great place with a great future. According to the Mayor of Ayamonte, Fadesa has sold the hotel next to the club house recently as well as the shopping center. End of 2010 the works on the new "Puerto Deportivo", one of the biggest marinas in Andalucia, will start and will create a marina for approx. 900 moorings. (we will publish the next couple of days details about this project)

Prices in the province of Huelva

Huelva properties belong to the cheapest properties in Spain.

Capitales de provincia más baratas
Ciudad
€/m2
1. Cáceres
1.896
2. Zamora
1.928
3. Ourense
1.985
4. Huelva
2.064
5. Alicante
2.117
6. Lleida
2.132
7. Pontevedra
2.141
8. León
2.188
9. Palencia
2.198
10. Jaén
2.231

from fotocasa jan. 2008

found for you by homes & fincas, Ayamonte

Martinsa Fadesa negotiates the sales of land for more than 1bln.€

Property group Martinsa Fadesa is in talks with seven international real estate funds to sell land worth about 1 bln eur, Expansion reported, citing CEO Carlos Vela.
The proceeds from the sale will be used to reduce the company's debt, and Martinsa Fadesa is also considering disposing of part of its hotel business, including rental and management contracts.
With the sale of part of its hotel operations, the company would then focus on housing sales in Spain and overseas.
Martinsa Fadesa's debt stood at 5.3 bln eur at end-June.
Martinsa Fadesa is the new company formed by the merger of Grupo Martinsa and Fadesa Inmobiliaria earlier this year.

found for you by homes & fincas

New Shopping Mall in Costa Esuri

This new Shopping Center will open in Costa Esuri in a couple of monthes. 12 shops eiter to rent or to buy are being offered. This small Commercial Center is close to an urbanization with a couple of hundred properties. It is perfect for restaurants, bars, bakeries etc. From the terraces on the first floor you have unbelievable views to the championship golf course.
homes & fincas provides more informations for those who are interested. Costa Esuri business properties - costa de la luz - andalucia

Albatros Golf 1 Costa Esuri

Albatro´s Golf phase 1 on Costa Esuri will be completed the next

couple of monthes. The Urbanization is directly

connected to golf course nr. 2 on Costa Esuri. The

course nr. 2 will be opened for public same time

when Albatros Golf 1 is completed.

There are very few resaled available in Phase 1.

Phase 2 is under construction and will be completed

end of 2008. Some off-plan properties are still for

sale.

Exclusively by HOMES & FINCAS Ayamonte, Costa Esuri, Andalucia, Spain property market

New pictures from Costa Esuri

Rago 2 Apartments















Pueblo Andaluz















Costa Esuri Total

Albatros Golf Phase 1 + 2 (phase 1 completion

Oct. 2007 phase 2 - 2008)

Alabatros Golf Townhouses Phase 1 (competion 2008)

The 4Star Hotel under construction.

Just beside the new Social Club.

Published for you by HOMES & FINCAS

Is there a Bubble in the Spanish Property Market?

Over the past few years Spanish property prices have risen to record levels both in real terms and in relation to average incomes. The following table shows how much Spanish real estate prices have risen in recent years.
This has sparked a heated debate as to whether Spanish property prices can be justified on rational economic grounds. On the one hand are those who argue that Spanish property is fairly priced given economic fundamentals, and on the other those who believe that Spanish property is suffering from a classic asset price bubble.
Robert Shiller, and economist at Yale University (and one of the few Americans to have seen the stock market bubble for what it was) defines a property price bubble as occurring when property prices are driven more by (or to a large extent by) expectations of future price increases than by the need for an abode. In other words when prices are driven by the belief that property is an easy way to make money. Is this the case in Spain?
Main arguments against the existence of a Spanish property bubble
Real estate in Spain is expensive by historical standards but that does not mean to say that it is overpriced (a bubble). In fact the price of Spanish property truly reflects the level of supply and demand (which is a function of ability to pay), and demand is driven by housing needs rather than speculation. Therefore Spanish property prices will not decrease unless there is some external shock - for instance a massive increase in the price of oil that floors the economy and undermines people's ability to afford property. Without an external shock the price for property is at the equilibrium level and not a function of irrational expectations of future property price rises.
Price is a function of supply and demand. Prices in Spain are high because there is more demand for property than there is supply to meet this property. Demand is high for the following reasons:
Very low real interest rates. Real interest rates in Spain are extremely low by historical standards and have even been negative recently. This makes the cost of buying Spanish property with a mortgage cheaper than it has been in the past. This opens up the market to more people than before and drives up demand.
Structural changes in the Spanish mortgage market. Deregulation, innovation, and competition in the Spanish mortgage market mean that lenders are prepared to lend more money, for longer periods, to more people than ever before. Thus even though average house prices have increased, initial average monthly mortgage payments have declined, as have down payments, making property more accessible to a greater number of people. This drives up demand.
Real incomes have been rising steadily in Spain. Spain's entry into the EU, labour market deregulation, and general improvements in its economy have made Spain much richer than it was 20 years ago. Richer citizens mean that more people can afford to buy a home. This drives up demand.
Changing demographics and lifestyles in Spain, including a greater number of divorces and children leaving home earlier, mean that more people need a home than before. Some will rent but many will choose to buy, given the low real interest rates and mortgage factors that make the cost of property cheaper. This drives up demand.
Foreigners buying in Spain. Due to its climate, appealing culture and surroundings Spain is becoming the California of Europe. Large numbers of wealthy Northern Europeans are buying real estate in Spain, especially in costal areas. They are expected to continue to do so in increasing numbers as the baby boomers retire. This drives up demand in the costal areas where there is a limited amount of land for building.
Property is a good investment - no doubt about it. Spanish property has proven itself to be an excellent investment over the long term. People believe that property is less risky than shares because even in the worst scenario of drastic price collapse you still have a tangible asset where as shares can leave you with absolutely nothing. Also it is easy and cheap to borrow against property, which substantially drives up returns in a rising market, and real estate often enjoys tax breaks that stocks and shares can only dream of. More people than ever before are beginning to realise this and therefore including Spanish property in their diversified portfolios. This drives up demand.
On the other hand the supply of Spanish property is relatively fixed in the short-term and government regulations often make it difficult to increase the supply. More properties will be built to meet rising demand but the delay in delivery means that price rises are the only way for the market to clear.
Another argument that is used to challenge the existence of a property bubble is the high transaction costs involved in buying property, which discourage speculators and help to keep bubbles at bay. This would suggest that the high prices relative to previous periods are due to the demand for housing and not because of property speculators buying in the expectation of making easy money.
For all these reasons, so the argument goes, Spanish property is not overpriced and therefore is not suffering from a bubble. Therefore there is no reason to think that prices will fall in the future.
found for you by Homes & Fincas, Ayamonte

Fadesa to sign agreement with Aymerich Golf for management of four golf courses

Wednesday 29 November 2006The FADESA Group and Aymerich Golf Management have signed an agreement for the operation of four golf courses included in FADESA property developments in different parts of the country.

Specifically, Aymerich Golf Management will be in charge of the management of the golf courses owned by FADESA on the Costa Esuri Housing Development (Ayamonte, Huelva), the Moncalvillo Green Casas&Golf Housing Development (Sojuela, La Rioja), the Residencial Lomas de Badaguás Housing Development (Jaca, Huesca) and the Costa Anácara Housing Development (Miño, La Coruña).
This agreement is not exclusive, as FADESA has other operating golf courses which are managed by different specialised companies in this sector. In fact, with this transaction the Group seeks to increase diversification in the management of the golf courses it promotes as part of its assets division, as well as improving its level of professionalisation, by dealing with a leading company with a wide experience in the sector.
The agreement, which for the time being only includes these four golf courses, can be extended to others, and also involves the implementation of a series of advantageous measures for purchasers of properties in the housing developments where these golf courses are located. To be exact, buyers will benefit from a 30% discount in the purchase of the rights of use of the golf courses mentioned in the agreement.
In addition, several different formulas are under consideration, so that guests staying at the hotels located in these developments will also enjoy certain advantages regarding access to the courses included in the agreement. Description of the golf coursesThe Sojuela Golf Club (La Rioja), which has been open to the public since the 18th of November, has 18 holes over 6,300 metres with a par of 72, including a practice course and putting green. The holes have several tees, greens with gentle hills and wide lanes.
The course is set among several areas of indigenous forest, which provide a perfect setting for playing golf. For its part, the Costa Esuri (Ayamonte) golf course, which is included in this agreement, has 18 holes, as well as a practice area with a course, a putting green and an approach zone. The round is over 6,698 metres with a par of 72. This golf course is suitable for the amateur player, with its easy play and balanced round, and it is set in a beautiful marsh. The opening is scheduled for next December.
The golf course at the Residencial Lomas de Badaguás (Jaca) has 18 holes, as well as a practice area with its own course, putting green and approach zone. The round is over 6,334 metres with a par of 71, with a very balanced layout, alternating long and short holes, large greens and various levels of play. Located in a setting of great value in terms of its natural features and landscapes, with variable slopes and wonderful views, it currently has 9 holes open to the public, with the remaining 9 in the final stages, with the whole course being scheduled to open in the spring of 2007.
Finally, the Costa Anácara Housing Development (Miño) golf course has 18 holes over 6,085 metres with a par of 71. The course is set among numerous areas of indigenous forest, which provide an ideal setting for playing golf. It has a fairly gentle orography, which makes it suitable for amateur players. At the moment, the construction work is progressing swiftly, and the first 9 holes are scheduled to open during the first quarter of 2007, while the other 9 will open in the autumn of 2007.

Martinsa buys Fadesa in hot Spanish market

By Joao Lima and Paul Tobin Bloomberg NewsFRIDAY, SEPTEMBER 29, 2006-->Published: September 29, 2006
MADRID Grupo Martinsa, an investment company, has agreed to buy Fadesa Inmobiliaria, a Spanish real estate company, for about €4 billion.
The deal, for the equivalent of $5.1 billion, would quadruple Grupo Martinsa's land holdings amid a booming Spanish real estate market.
The chairman of Fadesa, Manuel Jove, will sell his family's 54.6 percent stake in Fadesa, which based in La Coruña, to Martinsa, according to a regulatory filing made Thursday.
Martinsa, a closely held company based in Madrid and led by Fernando Martin, offered €35.70 for each of the remaining shares, 21 percent more than the closing price Wednesday of €29.55.
The offer on Thursday is the biggest of four bids made for Spanish real estate companies since June. House prices in Spain are climbing for the seventh straight year, encouraging investors including to snap up property companies to generate higher returns.
Martin, an investor, is "getting hold of good assets at a reasonable price," said Tomas Pinto, an analyst at Kepler Equities in Madrid.
Fadesa's shares jumped €5.54, or 19 percent, to a record of €35.09 in Madrid, after advancing 11 percent Wednesday.
Spanish market regulators will investigate the transaction to clarify whether there was insider trading Wednesday, said Manuel Conthe, president of the National Stock Market Commission.
Fadesa posted revenue of €977.1 million for 2005, about 42 percent more than a year earlier and more than four times the figure for 2001.
The company has built properties ranging from vacation homes in the Canary Islands to golf courses near the Spanish city of Malaga, according to its Web site. It is also developing a tourist resort near Casablanca on the Mediterranean coast.
Luis Portillo, chairman of Grupo Inmocaral, on Wednesday completed his €3.76 billion takeover of the property company Inmobiliaria Colonial. In other transactions in the industry, Construcciones Reyal has offered €3.3 billion for Inmobiliaria Urbis and Grupo San José has bid €918 million for Parquesol Inmobiliaria & Proyectos.
Jove is selling Fadesa, which he founded and led through an initial public offering in April 2004, amid predictions that gains in property prices might be peaking after the European Central Bank raised its benchmark interest rate four times since the start of December 2005.
"There are many signs that Spanish real estate prices are decelerating," said Jacobo Blanquer, a fund manager at Nordkapp Inversiones in Madrid. "We recommend getting out of the real estate sector."
Spanish house prices have increased at an average annual rate of 15 percent since 1999, according to a savings bank, La Caixa, fueled by low interest rates.
Prices will climb between 5 percent and 10 percent this year, slowing from 13 percent in 2005, as some foreign investors look for less-expensive properties in other countries, estimates Metrovacesa, another Spanish real estate company.
House price gains slowed to 10.6 percent in the 12 months through June from 13.7 percent a year earlier, according to Spain's Housing Ministry. Land prices have fallen 0.4 percent since the second quarter of last year.

found for you by homes & fincas, Ayamonte

WE RENOVATE YOUR PROPERTY

WE BUILD YOUR HOUSE ON COSTA ESURI

BELLA VISTA CASAS AYAMONTE
BUILDS YOUR HOUSE IN AYAMONTE AND
COSTA ESURI
FIXED PRICE

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THE FIRST DAY

THE FIRST PLAYERS

THE SCORECARD OF COSTA ESURI GOLF NR.1

EMAIL FROM BRENDA AT HOMES & FINCAS

All

Today Robert and I met the Commercial Manager of Costa Esuri Golf. Her name is Antoina Cruz
Her mobile is 650392153.

If you own a plot, apartment or townhouse you can become a member of Costa Esuri. There is 1,500 member vacancy's.
The deal is 6,300 euros(+IVA) after 30% discount as you own a place their. It is for 20 years.
Then as a family annually you will pay for the owner 700 euros a year and the wife/spouse is 400 euros a year, children under 25 years are free. Then you can play on either course at 4 euros each time to play.

At the moment a non property owner can play their for 40 euros.

The caddie master contact number is 650392151
And they are Maria, Enrique, Ann Maria and Miguel.

I have also asked her to put this in writing etc.

Kind regards Brenda



Brenda Smithhomes & fincas - costa de la luz s.l.C/. Cristobal Colón Nº 12-A, apdo. 117, 21400 Ayamonte (Huelva), SpainTel: +34 959 321 449 Fax: +34 959 470 754 Mobile: +34 699 594 444 UK Phone: +44 0871 720 2926http://www.homesandfincas.com/

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Truck with kerosene fell off the bridge

This has happened on the Portuguese side of the
Guadiana. The 42 year old truck driver died immediately.
The bridge was closed for a couple of hours and those
who wanted to cross the border have had to use the old
Ferry.

MEMBERSHIP - GOLF - COSTA ESURI

THESE ARE THE FEES FOR THE 2 GOLF COURSES ON COSTA ESURI:

JOINING FEES

MEMBER NR. /PRICE (€)/ DISCOUNT FOR FADESA CLIENTS

• 1-300/ 8.000/ 50%
• 301-600/ 10.000/ 50%
• 601-900/ 12.000/ 50%
• 901-1.500/ 13.000/ 50%
• 1.501-2.400/ 14.000/ 50%

ANNUAL FEE (FIRST YEAR) 1.000€

GREENFEE PER GAME 6€

Monte Rei is fit for a King

Several readers have contacted us to enquire about the exact location of the new eastern Algarve golf courses referred to by José Lisboa in the article entitled Golf is for everyone (August 20 edition). The two new courses in question are at Monte Rei, a development north of Vila Nova de Cacela. The Resident would also like to clarify that Sr. Lisboa does not have any connection with Monte Rei or its developer, Aliber.
It is a fact that not too many people know about Monte Rei Golf & Country Club in the Eastern Algarve – yet. Work is now under way on the first of the two golf courses, which is being designed by Jack Nicklaus, known worldwide as the ‘Golden Bear’. Nicklaus himself flew into the Algarve recently to check on progress of this, the only course in Portugal to carry his name. He is very involved in the design and construction process, and even delayed his scheduled departure to allow for a full inspection of all 18 holes. The course covers some 70 hectares of undulating hills and valleys, which prompted Nicklaus to comment: “It’s a great setting with awesome views.”
Jack Nicklaus’ philosophy on any course that he agrees to design is to enhance the natural surroundings and topography and to place considerable emphasis on the environment. At Monte Rei, indigenous shrubs and flowers are being replanted along the sides of the fairways and around the course, complementing the thousands of trees that have already been planted throughout the site.
A Jack Nicklaus Signature Golf Course has to be built to the highest specifications. One of Nicklaus’ senior design associates, Dirk Bouts, visits Monte Rei every few weeks to monitor progress and talk with the local team, including Head Greenkeeper Paulo Viegas, Construction Manager Ludo Geuens, and Shaper Randy Brown.
The Jack Nicklaus course will be complete in the spring of 2006, at which time work will start on the second course. The Clubhouse will cover more than 3,000sqm and will offer first-class facilities for visitors and members. Its elevated position gives mountain and ocean views.
Monte Rei Golf & Country Club will cover a total of more than 400 hectares in the countryside between Tavira and Monte Gordo in the Eastern Algarve. It is the most important development in the region for many years and will bring a new dynamism to this area. With a construction density of just eight per cent and with over 50 per cent of the whole site designated as green zone, environmental considerations are paramount. Around the golf courses will be individual villas set in plots of around 2,800sqm, and various village complexes.
Councillor António José Rodrigues Fernandes, representing the Câmara Municipal of Vila Real de St António, joined the visitors on site at Monte Rei and met Jack Nicklaus. The Councillor congratulated the developers, Aliber SGPS Lda, on the project, which will create around 2,000 new jobs when it is complete, and promised the Câmara’s full support.

The Resident

...more infos by http://www.homesandfincas.com

Monte Rei is just a 10min. drive away from Costa Esuri

Google Earth - The Costa Esuri project

You can see the complete Costa Esuri project.
Click on the picture to enlarge. You see the
Guadiana Bridge. In the East the Algarve. Just
underneath the bridge - the fish plant, where
the new marina is planned.
...more www.costaesuri.co.uk

Google Earth - Albatros Golf - Costa Esuri

This is Albatros Golf - on Costa Esuri. The
1st phase is nearly finished. Approx. March 2007.
Just beside this phase the 2nd phase has been
started. Completion approx. 3/2008.
...more www.fincasdelaluz.com

Goodle Earth - Distance Ayamonte - Faro Airport

This is the distance from Ayamonte to Faro.
Approx. 60 km and 40 min. to drive. You
enter the highway in Ayamonte and you leave
the highway just in front of Faro airport.
...more www.homesandfincas.com

Google Earth Ayamonte-Costa Esuri

You can see the bridge over the guadiana and
the highway, which separates Ayamonte
and Costa Esuri.
...more www.costaesuri.co.uk

The New Shopping Center on Costa Esuri

Oposite of the Hotel Barcelo and the Driving Range

HOMES & FINCAS, Ayamonte - Costa Esuri, Costa de la Luz, Spain

New Urbanization on Costa Esuri - Albatros Golf Townhouses

exclusive by HOMES & FINCAS, Ayamonte - Costa Esuri, Costa de la Luz, Spain

Costa Esuri - Views from a Duplex - Pueblo Andaluz

Pics made for you by HOMES & FINCAS, Ayamonte, Costa de la Luz, Spain

COSTA ESURI UPDATE APRIL 15th 2006

Homes & Fincas clients are asking frequently " how is Costa Esuri going on?"

In general we can summarize:

* RAGO 2 apartments are going to be completed approx. end of June 2006
* PUEBLO ANDALUZ RMA1 - some vendors are already living inside the urbanization
* RAGO 1 seems to be on schedule
* FADESA TOWNHOUSES RVA4 are going to be completed from middle of 2006
* FADESA TOWNHOUSES NEW PHASE seems to be in time
* ALBATROS GOLF PHASE 1 on schedule
* ALBATROS GOLF SECOND PHASE now released
* ALBATROS TOWNHOUSE 1st PHASE since 2weeks released
* PINOS GOLF TOWNHOUSE within the required time
* TASA ESURI GOLF not started yet
* RAH 1 APARTMENTS FADESA basic construction completed but no sales release
* COMMERCIAL CENTER not started yet
* GOLF COURSE 1 ready approx. Oct.2006 info: http://www.finagolf.com/cuestionario.php?campo=2&lng=uk
* GOLF COURSE 2 ready - finagolf must know
* CLUB HOUSE not started yet

Following pictures made by the editor this morning.
HOMES & FINCAS, Costa Esuri - Ayamonte, Costa de la luz, Spain

ALBATRONS GOLF APARTMENTS 1st LINE GOLF

This plot is prepared to start with the construction of phase nr. 2. This 2nd phase is released for sale.



1st phase view from East to West.


Everything is on time.



View from West to East. The Urbanization is surrounded by the fairways of golf course Nr. 2

by HOMES & FINCAS, Ayamonte - Costa Esuri, Costa de la Luz, Spain

PINOS GOLF TOWNHOUSES COSTA ESURI

This excellent located townhouse of PINOS GOLF are on time. This urbanization is completely sold.

found by HOMES & FINCAS, Costa Esuri, Ayamonte, Costa de la Luz, Spain

RAGO 1 and another not released block of Rago Apartments in the North of Costa Esuri

These Apartments under construction are a not released
for Sale yet.






These pictures showing RAGO 1 under construction.

by HOMES & FINCAS, Ayamonte - Costa Esuri, Costa de la Luz, Spain

FADESA TOWNHOUSES

The new Urbanization of townhouse from Fadesa
on Costa Esuri.



Everything seems to be on schedule.



View from a lower distance.

for you by HOMES & FINCAS, Ayamonte - Costa Esuri, Costa de la Luz, Spain

Saturday mornig April the 15th 2006 - 9.30 p.m. - 22 degrees - sunshine

An old Farm House in the middle of Costa Esuri Golf
Course nr. 1



View from the North of Costa Esuri to the Pueblo Andaluz,
Rago Apartments and townhouses to the Bridge to Portugal.



The North Western End of Costa Esuri with views
to the Guadiana.



The main road in Costa Esuri from East to West.

by HOMES & FINCAS, Ayamonte - Costa Esuri, Costa de la Luz, Spain

SOME MORNING IMPRESSIONS ON COSTA ESURI

Re - Sale has started. Seen on RAGO 4.
Agents HOMES & FINCAS TEL. 0034 959 470503
UK Nr. 0871 720 2926


The Editor`s car in the middle of his private plot.
The views are fantastic.




This is one of the stations for Joggers.



A Playground for the young residents

by HOMES & FINCAS, Ayamonte, Costa de la Luz, Spain

FIRST RESIDENTS ON COSTA ESURI

This new resident enjoys his breakfast on his terrace
in the PUEBLO ANDALUZ.




Here one Apartment on Rago 6. To dry the laundry
outside is typical for Andalucia.

by HOMES & FINCAS, Ayamonte, Costa de la Luz, Spain

GOLF COURSE 1 COSTA ESURI

You can see a Green Keeper at work.



View over the golf course to the Pueblo Andaluz.



2 Greens unter construction. View from East to West.
Background the Guadiana and Portugal.



You can see 2 Greens and some olive trees. In front
a lake. On the backgroude left activities to build some
individual houses.




View East to West on Costa Esuri Golf. In the background
a green very close to the Guadiana River. On the other side
of the River you see some olive trees in Portugal.


View to the Andalucian Village from North to South.
In front you already can see a green and in the background
you see the irrigation working



In front one of the many lakes and an old farm house
in the center of the course. In the backgroude the Guadian
and the Algarve.

by HOMES & FINCAS, Ayamonte-Costa Esuri, Costa de la Luz, Spain

GOLF COURSE 1 COSTA ESURI

View from north-east to south-west. In front a new green.
In the background left you see a part of the Andalucian Village.
Behind this urbanization you see the Guadiana and the
Portuguese Algarve.

BY HOMES & FINCAS, Ayamonte-Costa Esuri, Costa de la Luz, Spain

Britons spend 23bn on a Place in the Sun

A huge demand for homes in the sun has seen Britons' spending on properties overseas increase by 45 per cent in four years.The number of Britons owning second homes abroad now exceeds a quarter of a million people, at 257,000.An official report today says British families have invested more than 23 GBP billion in overseas property, with most of that invested in Spain and France although increasing numbers are turning to Canada, the Caribbean and New Zealand.But people buying villas and apartments have been blamed for soaring house prices in areas of France, Spain and Italy.

Figures released by the Office for National Statistics show that more than a million families in England own a second home, the vast majority of which (72 per cent) are in England, with five per cent in Wales and Scotland, and the remainder overseas."In recent years the increasing affordability and accessibility of foreign property markets has contributed to a rise in the number of UK households that own second homes abroad," the report, Social Trends, says."

Between 1999-2000 and 2003-4 the number increased by 45 per cent."Spain accounted for 27 per cent of all second homes abroad, followed by France at 20 per cent.But in 2003-4 over a third of all homes owned abroad were outside Europe with almost 154,000 in the United States.Property ownership was also increasingly common in countries such as Australia, Canada, the Caribbean, India, New Zealand, Pakistan, South Africa and Sri Lanka.

Alex Wright, director of currency specialist HIFX, which assists Britons buying property abroad, said there was strong demand in more adventurous locations."Spain and France are still the most popular destinations, but we have seen increased interest for investment property in Bulgaria and Dubai. Even Canada and Switzerland have seen their fortunes rise and new locations pop up all the time, including Egypt, Brazil and central Europe - Poland, Hungary and the Czech Republic."

The Association of British Travel Agents estimates that home ownership abroad will double over the next five to seven years.The Spanish Ministry of Tourism predicts that more than one million foreigners will set up home on the Spanish coast in the next six years, a figure expected to treble by 2025.

Sarah Vaughan, a property specialist and director of a public relations firm based in Spain, said estate agents still received inquiries from British people who thought £100,000 would buy them a four-bedroom property on the Costa del Sol."Realistically the minimum you can spend is 145,000 GBP for a two bed apartment, or 210,000 GBP if it is in Marbella."The Costa del Sol is going through a bit of a wobble and is not the place to buy if you are looking for a good investment."

You can still buy places for a song in northern Spain, and inland, but northern Spain tends to be rainy, and without the bars and restaurants, and if you are inland you might not be near the airport, or have a phone connection, or the property might need a lot of work."Recent research suggested some young Britons were looking abroad to take their first step on the property ladder because house prices were too high in Britain.

A poll of more than 4,600 adults, conducted by YouGov, found that nearly half of the 18- to 29-year-olds questioned planned to buy abroad, with two thirds of those stating that their foreign investment would be their first property purchase.More than 80 per cent of those first time buyers said they would rent out their property.The new breed of first time buyers, dubbed the "jet to let generation", said they would spend an average of 101,000 GBP to buy abroad, nearly 80,000 GBP less than the average house price in Britain.Simon Burgess, a director at Oceanico Developments, a property development company, said: "More than two in five want to live in foreign climes because it's more affordable than the UK.
Story from the telegraph
found by HOMES & FINCAS, Ayamonte, Costa Esuri, Costa de la Luz , Spain

France vs Spain

The French call us perfidious Albion and les rosbifs; we call them craven and Frogs. In the French media, "anglo saxonne" is their code for everything wrong with the modern world. Despite the entente cordiale of 1904, there is no love lost between us. So it should come as no surprise that the French Resistance is back in action, this time saving rural France from British homebuyers.

Tensions are mounting in Brittany and the Dordogne as Brits price locals out of the market while making no attempt to go native ("clinging on to Blighty" as the French Mistress describes it). In Spain, on the other hand, the British get the red carpet. There are no spiteful nicknames, no historical animosities, no modern rivalries and certainly no resistance if the British want to throw money at local properties. Communication factor language The Spanish are falling over themselves to learn English, while the French are still lamely trying to make the rest of the world speak French.

If you must learn a new language, you are better off learning Spanish, spoken by 330m people, than a language spoken only in France and parts of Canada and West Africa. Quality of life The French may have more three star Michelin restaurants and spend more public money on healthcare, but on all other fronts you can argue that Spain offers the better quality of life. CrimeAccording to the seventh UN survey of crime trends, in 2000, France suffered the fifth highest level of burglaries in the world, with 371,000, compared with 24,000 in Spain. In terms of total crimes, France was in fourth position, with 3,770,000; Spain, in 16th position, had 923,000. Cost of livingComparative figures from the Organisation for Economic Co operation and Development (OECD) show that prices in France are 94% of the OECD average, while in Spain they are just 79% of the average.

TaxationOECD figures for 2001 show France had the fifth highest tax rate among selected OECD countries, with 48.3% of average gross earnings given up in tax. Spain was 15th, with 37.9%. The Spanish government is in the process of reducing taxes further. Property choice and prices Between 1997 and 2005, Spanish property was a better investment than French property, with gross returns 50% higher, according to The Economist's global house price indicators. Looking to the future, there is a risk that property is overvalued in both countries, perhaps slightly more so in Spain, although the difference does not appear to be large. When it comes to buying property, most Brits want a reasonably priced villa on the coast somewhere warm and sunny.

Spain's Mediterranean coastline is twice as long, further south and covered in villas, which is precisely why more Brits choose to buy there. Spain may be less elitist than France, but it's certainly more popular. Climate Most buyers want to escape the winter or enjoy the summer, or both. The summer bit is easy in both countries, but for a good winter climate you need to be south of the city of Valencia, on Spain's Mediterranean coast. Anywhere north of here, and the winter starts to bite, which rules out France as a winter sunshine destination. Spain has more than 620 miles of Mediterranean coastline below Valencia, not to mention the Canaries, Europe's winter sunshine destination par excellence. Presence of other Brits The French national statistics website (www.insee.fr) gleefully offers figures on poverty and social exclusion in the UK, but has almost nothing to say about the number of foreign born residents in France. It takes a lot of internet research to find out that there are some 100,000 British born residents in France. The Spanish national statistics website (www.ine.es), with nothing to say about social problems in the UK, readily reveals that there are 227,000 Brits officially resident in Spain.

So yes, you are more likely to come across other Brits in Spain, largely because Spain is a nicer place to live.

Full story from the times online

found by HOMES & FINCAS - AYAMONTE - COSTA DE LA LUZ - SPAIN

Record Numbers of Britons Leave for Better Lives Abroad

Record numbers of people are leaving Britain to live and work abroad, figures show. More than 350,000 men and women are emigrating every year, a rise of 30 per cent in 10 years, The Independent reports.Experts are particularly concerned that the number of people in professional occupations leaving Britain has doubled since 1994.

Figures from the Office for National Statistics show that 359,500 people migrated from Britain to other countries in 2004, up from 236,500 in 1994.While the outflow of people was offset by 582,000 foreigners coming to live in the UK for at least a year, there are concerns that Britain is proving less attractive to migrants, whom it desperately needs to plug staffing shortages.Of the people leaving the UK, 207,600 were British citizens, the highest since current records began in 1991. The number of people in the professional classes emigrating almost doubled from 69,000 to 122,000 in the same period.More detailed figures for 2003 show that the number of people going to live in Australia, for the first time, went over the 20,000 mark.Nursing organisations have been warning that Britain's policy of recruiting nurses from abroad is backfiring as many of the foreign recruits are simply using the UK as a stepping stone before going to the United States, where salaries are much higher.Figures from the Nursing and Midwifery Council show that, last year, 4,393 nurses left Britain for jobs in Australia and New Zealand, double the number who went in 1995.

Howard Caton, of the Royal College of Nursing, said: "It seems that nurses may be attracted to Australia and New Zealand early in their careers. But we are also seeing large numbers of nurses going to America. The opportunities for career advancement can be very good there."We have heard of foreign nurses being recruited by agencies to come and work in Britain, and then, six months later, they are approached by the agency to go and work in the US."Poor workforce planning has also meant that hundreds of newly qualified junior doctors have found that there are no jobs for them in Britain, despite the fact that the NHS needs more staff.

Andrew Roland, deputy chair of the British Medical Association's junior doctors committee said: "These are people who have trained for years to work in the NHS and have then found that there is no job for them."Doctors are not going abroad for an easier life, but to start their careers. The problem is about whether they come back or not."A report by the World Bank last year found that one in six graduates leaves the UK, more than any other Western country.

Professor Andrew Oswald, professor of economics at Warwick University, said: "We have a severe problem in holding on to our best graduates. A junior academic economist in Britain will earn about 25,000 GBP's a year; in America, they start on about 50,000 GBP's to 60,000 GBP's."Observers said that the growth in ownership of second homes may also be both a cause and effect of the migration out of Britain.Enquiries to the currency specialist HIFX about buying a property in Australia have tripled since the beginning of this year.Mark Bodega, marketing director of HIFX, said: "The traditional markets for buying a second home are France and Spain, but we are increasingly seeing people buy in places such as Australia and Dubai."

found by HOMES & FINCAS, AYAMONTE, COSTA DE LA LUZ, SPAIN

HOMES & FINCAS, AYAMONTE recommends for maintenance + management in COSTA ESURI, ISLA CANELA & AYAMONTE

LET&CARE S.L. , AYAMONTE

Property Channel
House prices in Spain rose by 12.8 per cent in 2005
© Andreas Bauer
Spanish property bubble showing no signs of bursting
16 Feb 2006
Nick GibbensThe Spanish property market still offers solid investment opportunities despite negative publicity that the bubble is about to burst, property experts have said.With an expanding economy, high employment and excellent infrastructure the Spanish market is still very strong, according to exhibitors at The Homebuyer Show.
They say that although the newly emerging hotspots, such as Eastern Europe, promise excellent returns on investment, for reliability and stability of investment income, homebuyers shouldn't dismiss the traditional Costas altogether.
Jason Windle, managing director of a well known estate agency who will be exhibiting at the show, comments: "Even though there is talk that the Spanish property market has reached its peak, it is still catching up with the English market. I strongly believe that it has a long way to go and we may still be only mid-way through the property boom."
With excellent health services and an unrivalled quality of life, Spain offers a much more enjoyable investment opportunity than reading share prices every day!"What's more, as there are few barriers to living and working in Spain it has become a favourite destination for people looking to migrate or retire overseas, which acts as a great support to prices. For an average two bedroom, two bathroom property on the coast, you can expect around €700 per week in rental income during the summer, and €500 per week during the golf season."
Nick Clark, managing director of The Homebuyer Show: "With low cost airlines leaving for Spain throughout the day, good infrastructure and an established year round rental market, it really is an excellent investment opportunity.""
Terry O'Connor, business development director of another exhibitor, said: "Despite its longevity, Spain really is still a good option. Mortgages are easily obtained, there's no worry with currency instability and there are some great deals at the moment. Some areas in the Costa de la Luz have seen inflation of 40 per cent in the last two years, and we expect at least 15 per cent in 2006."For capital growth potential, I would suggest buying off-plan at an established development such as Costa Esuri or Nuevo Portil. Townhomes with three double bedrooms are available for around €260,000 (£177,000), whereas luxury two bedroom apartments can be had from €160,464 (£110,000). Buyers in one of our developments have seen their value rise by 30 per cent in the past 18 months and we expect good capital growth to continue in these up and coming areas."
Nick Clark, managing director of The Homebuyer Show, added: "Despite emerging property markets creating a real buzz at the moment, traditional markets like Spain are still incredibly popular with visitors to our shows."With low cost airlines leaving for Spain throughout the day, good infrastructure and an established year round rental market, it really is an excellent investment opportunity."However, we would encourage any potential or professional investors to research the market and get advice from a professional before they commit."
found by HOMES & FINCAS, AYAMONTE, COSTA DE LA LUZ

Pictures from Rago 2 Block 7 Penthouse

pictures of the new entrance of Costa Esuri

THE NEW ENTRANCE TO COSTA ESURI IS OPEN!

The new road to Costa Esuri is open for public traffic since Sunday November 13th 2005.
Fotos will be published soon.
COSTAESURI.CO.UK

Nov.5th 2005

I have been today 2p.m. on Costa Esuri to take some picture for you.

The main road with the bridge to the village is yet not open but ready.

Next week I will take more photos from the Pueblo Andaluz,
Rago 1, Albatros Golf and Pinos Golf.

More informations by HOMES & FINCAS, Ayamonte

Rago Apartments

Costa Esuri Golf Course No.1

new pictures

Costa Esuri Townhouses
Nov.5th 2005 14.00h

ON THE OTHER SIDE OF THE GUADIANA RIVER

The neighbourhood of Costa Esuri

MORE DETAILS BY HOMES & FINCAS, Ayamonte-Costa Esuri

Is a unique golf resort, which has been created to provide the best of what life has to offer.
It's unique location in continental Portugal's southernmost province, the Algarve, is ideal for this exclusive development.

The Luxury complex of Castro Marim Golfe and Country Club comprises a total of over 210 hectares located only 5 km from the Spanish border. Overlooking the Atlantic Ocean and the River Guadiana, the resort also borders Portugal's second most important and largest nature reserve. You will be able to visit this reserve and enjoy viewing the many rare species of flora and fauna. The occupation density of the Development is the lowest of its kind in the Algarve, therefore fitting perfectly within the natural environment.
Only at Castro Marim Golfe and Country Club will one be able to find a rare combination of culture, nature, history, river, sea, beach, sun, sport and excellent service which is second to none.

NEW RELEASE OF RAGO APARTMENTS

Fadesa has released a new urbanization on Costa Esuri.
RAGO 1 - Apartments overlooking the complete area.
Availability and prices by www.costaesuri.co.uk , Ayamonte, Costa de la Luz

New Release - Albatros Golf on Costa Esuri

This urbanisation provides 1bed, 2 bed and 3 bedroom apartments. Central located on the championship course, walking distance to the shopping center and the club house. Communal swimmingpools with well designed gardens and phantastic views to the Guadiana. The urbanization is fenced and has private parking spaces. High quality construction.

More information by HOMES & FINCAS, Ayamonte

New Release - Townhouses

Fadesa has released a new urbanization of townhouses - RVA-1.
The release was made last week. The prices for the properties
are e.g.
2 Bedroom Townhouse (lowest price) 194.400,00 €
3 Bedroom Townhouse (lowest price) 201.440,00 €
3 Bedroom Corner Townhouse 238.428,00 €

This new Urbanisation is overlooking golf course 1 and 2.

More informations by HOMES & FINCAS - Ayamonte

The Costa of Light

Seeing the light on the quietest of costas

04 April 2005
John Carey/Telegraph

Andalusia's best-kept secret is out. John Carey discovers why the little-known Costa de la Luz is fast making friends and good profits.

A warm, sunny morning in the middle of winter. Down by the sea, the beach stretches literally for miles - soft, golden sand, empty but for a few gulls and a four-wheel-drive vehicle chuntering slowly into the distance.

Up in the town, a few miles inland, a stork stands proudly in its nest on top of a telegraph pole, awaiting the imminent arrival of its mate. Motionless, the bird seems oblivious to the gang of builders hammering away on a new block of townhouses that is rapidly taking shape immediately below.

A few weeks on, these two images linger in the memory - the gentle, unflustered rhythms of nature side by side with man's restless demand for progress. It is a potent combination, and it helps to explain why this particular part of Andalusia is emerging as one of the hottest property spots in Spain.

This is "the Spanish Algarve", the western end of the Costa de la Luz, slap bang on the frontier with Portugal and a world away from Spain's other, better known costas. For the past few years it has been attracting increasing numbers of visitors and investors both from other parts of Spain and overseas. Today, the question is: can its quiet development continue or will it go the way of the Costas del Sol and Blanca, its spoiled, brash, big brothers to the east?

The signs are encouraging. "I'm very hopeful," says Robert Schmidt, of Fisks International, an Essex-based estate agency. "People here have learned the lessons from what has happened elsewhere and they're determined not to let it be repeated here."

Romanian by birth, Mr Schmidt settled in Isla de Canela, on the fringe of the border town of Ayamonte, two and a half years ago after giving up a successful career as a film-maker in Lisbon. "I loved Portugal but I prefer it here," he says. "Spanish people are much less reserved than the Portuguese and you make friends easily. And it's a lot cheaper."

Mr Schmidt is an eloquent advocate and he makes a convincing case for his new home. Mind you, I was in no fit state to argue. On the morning I was due to meet him for a guided tour of the Ayamonte area, I had woken with a raging toothache. My cheek was swollen like an overfed hamster's and every movement was sending shock waves of pain stabbing through my head. In the circumstances, he could have sold me the bummest deal in the world and I'd have leapt on it, weeping with gratitude.

He did not. Instead, he drove me to his home, where he gave me some antibiotics. Within an hour, the pain was receding. But even then, in my restored state, I was inclined to believe him. Because Ayamonte - and the whole "coast of light" - does indeed have a lot going for it, not least the fact that it is the "Johnny Foreigner-come-lately" costa.

In development terms, it is 20 years behind its more established rivals: less crime, less prostitution, fewer real-estate sharks or cowboys. Consequently, it has a much better chance of getting things right. Some Hispanophiles remain a bit sniffy about the area: only those who cannot afford the prices elsewhere in Andalusia contemplate buying there, they say.

Which may be true. But if so, more fools them. The countryside is green and gentle and the climate arguably a lot more benign.

Opinions differ as to what constitutes the Costa de la Luz. But to the Spanish Ministry of Tourism, at least, it stretches from Tarifa in the east to Ayamonte in the west, with a hinterland that includes the provinces of Cadiz and Huelva.

The area is served by four international airports, offering cheap flights from Britain now that Ryanair has a service from London Stansted to Seville. You can also fly to Faro, in Portugal, Jerez and Gibraltar, as well as the main Andalusian base of Malaga, a comfortable drive away.

In reality, what is loosely described as the Costa de la Luz is made up of two separate and distinct chunks, split by the Coto Donana national park, a world-famous haven for wildlife.

For the western segment, it is best to fly to Faro and cross the border at Ayamonte. Alternatively, you can come at it from the eastern end, which begins at Tarifa, an increasingly lively and fashionable town.

Note (Robert Schmidt works for Homes & Fincas, Ayamonte)

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