Tag Archives: Murcia

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New Costa Calida video launched!

We are really proud of our new Costa Calida / Mazarron / Camposol video.

It has taken us many months to film and edit. The film shows the various fishing villages in the Bay of Mazarron, including La Azohia, Isla Plana, Puerto do Mazarron and Bolnuevo.

We also have interviews with residents of Camposol.

The link to the film is on the bottom of our home page and simply click on the big red button.

International Visitors to Murcia up 8.1% – Way Over National Average

ROD153 Camposol Golf 128,000€ Mercers www.spanisproperty.co.ukMurcia greeted 342,054 foreign tourists in the first several months of 2013, up 8.1% on the very same period of time the previous year. 25,589 more visitors have so far picked the region for their holidays in 2013, with all the French and British leading the charge.

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No Recuperation in Spanish Property Market Until Banks Relax Mortgage Lending

spanish_property_rentalsThe headlines shout ‘foreign boom’, foreign buyers snatching up Spanish property at a rate of knots, but Murcia agent Mercers says if banks continue to be tight with their loaning, full recuperation of the property market is a long way off.

 

Chris Mercer, Director of 30-year established Mercers, says, “The greatest loan-to-value for non-residents in Spain today is around 60%. However, the client must also pay 15% of the purchase price in taxes and fees so, unless you’re purchasing a bank repossession where they may lend up to 100% or more, you really want easy access to around half the money to buy a Spanish property. This debars a large number of people who require larger loans.”

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5 Reasons to buy Murcia Property

spanish_property_1MHLow prices

 

After 5 years of decline it appears as though Spanish property prices might have bottomed out. When the credit crunch hit the Eurozone in 2007, 700,000 homes fell to the Spanish banks. Within the Murcia area in 2007 an average price for a property was EUR 147,000. This decreased annually to EUR 45,000 in 2012, meaning some properties were actually being sold at 70percent lower than their maximum prices as banks were pressured by the European Central Bank to rebalance their books and clear away under-performing property resources. But, it appears as if average prices in 2013 are going to go up to EUR 55,000, indicating that the market may have bottomed out.

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What is Camposol?

camposol_sportsCamposol, which translated is countryside in the sun, is a substantial rural development based around an eighteen hole golf course. The development has more than 5000 homes, a hotel and spa complex, numerous shops, bars and eateries, together with key facilities for example a health centre and banks. Camposol is ideal for both a second home and holiday property, or for full-time occupants. There’s an array of dwellings to choose from, from low maintenance apartments to substantial villas with private pools. There are approximately 3500 long-term occupants, mostly British, but in addition a good number of Spanish and Europeans enjoy homes here too. Mainly because of the large amount of permanent occupants a genuine local community has evolved, with a variety of clubs, charitable groups and social groups having been established.

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Spanish recovery? Business already booming, says agent

pic21January 22, 2014 in Europe, Featured News, Government and regulatory, Lifestyle & Leisure Properties, Market Trends, New Developments, News, News By Region, News By Topic, Politics, World News Leave a comment

 

 

 

pic22Experienced agent in Murcia says sales rose 60% in 2013, and construction of a long-promised theme park brings big hopes for future

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Estate Agent Celebrates Three Decades in Spanish Property

Having started out in and around Spain’s Alicante back in 1983, Chris Mercer, Founder of estate agent Mercers, this autumn celebrates 30 years in the Spanish property industry – selling over a thousand homes in the process. Chris Mercer believes that he has sold a couple of thousand homes in the area over the past 20 years Murcia, Spain (PRWEB UK) 17 September 2013

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Murcia Property

murcia_propertyBack in January, Murcia-based estate agent Mercers boldly declared a estimated twenty five per cent boost in house sales for 2013 over 2012. With quarter 1 indicating just that, up twenty five per cent for the first 3 months of 2013 when compared with 2012, the prediction is on track to becoming reality.

 

Chris Mercer, Director of Mercers, says, “I can’t pinpoint exactly why our sales are up so much, but impetus is certainly beginning to build. It can’t be caused by an end-of-year dash before VAT on new builds went up from 4% to 10% on 1 January, as all of our sales have been resales. Additionally, enquiries haven’t increased at the same level but those we have tend to be serious, have the funds on hand and are intelligent enough to understand that the window of opportunity on a serious Spanish property discount isn’t going to be open forever. Lastly, compare Q1 2013 with Q1 2011, and Mercers’ business is up close to 65%, quite some margin. Needless to say we’re revelling in the positivity.”

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