The former mayor of Orihuela, Mónica Lorente, held a press conference this week in which she presented a list of outstanding invoices against the municipal council for the 2014 year, which amount to 14 million euro. Lorente described three of t...
The former mayor of Orihuela, Mónica Lorente, held a press conference this week in which she presented a list of outstanding invoices against the municipal council for the 2014 year, which amount to 14 million euro. Lorente described three of t...
It has been a year in the waiting but work is finally about to start on modernising the pedestrian access around the town hall. The ramped access into and out of the building will be improved at the rear entrance door, with the pavement being levelled...
Russian buyers are now the primary target for developers of luxury properties in their quest for foreign clients. The reason is quite simple: they are the nation who, on average, spend more money when buying a luxury home in Valencia, specifically, 918 700 EUR, this is despite the political crisis between Russia and the European Union following the conflict with Ukraine.
And according to data provided by the General Council of Notaries, buyers from the former Soviet Union now lead the ranking of investments in real estate for property of over 500,000 euros in three Spanish provinces.
The latest figures available, based on the first half of this year, indicate that wealthy foreigners spent 161 million euros on acquiring luxury homes in the Community (214 purchases), 10% more than during the same period last year.
Sources seem to indicate that those wishing to purchase luxury properties in Spain feel that the time is now right to make their investment as, with the worst of the crisis now behind us, you get the feeling that transactions are safe and profitable. The same sources added that the good sales figures "have little impact on the 'granting of residence permits to foreigners who spend more than half a million euros on investment property.
Valencia is actually the third largest market for Russian clients in Spain with 59 transactions completed during the first 6 months of 2014 showing a total investment of 54 million euros. However, in the two Provinces out in front, Catalonia has sold 137 homes to Russiana, at an average price of 1,136 million euros, while in Andalusia there have been 94 properties, costing 98 million at an average price of 933,000 euros. After Valencia in 3rd position, the Canary Islands come next.
The figures show that every Russian investor who buys a house worth more than 500,000 euros in Spain actually spends EUR 1.065 million in the remainder of the country whilst in Valencia the spend averages out at 918,000 EUR with 18% of the national total.
The faithful and traditional British market, which has historically been the major customer of the autonomy in this type of transaction, now ranks second, with 25 purchases and an average spend per property of about 714,000 euros. It would seem that the reason why the British market has declined is that they are changing their preferences to other regions.
Of 397 luxury purchases made by British buyers in Spain only 6% are made within the Valencian Community. Norwegians, Belgians, Germans and the French complete the picture of customers of this elite market in the Community.
But local developers still rely on the British market and a delegation of Provia, the Alicante Promoters Association, has recently moved to London to negotiate agreements with British estate agents in the sale of property in the Alicante region.
Filed under: http://www.theleader.info/article/45179/Despite the fact that Greens and Socialists have sadly forgotten Orihuela Costa once again in their plans to improve parks, gardens and green areas in Orihuela city, with funds coming mainly from the Diputación of Alicante, and despite the fact ...
A new Yoga Studio has just been in Torre de la Horadada (www.sunsalutestudio.com) by Amanda Dee Zapanta, originally from England, but living and teaching yoga in NYC for the past 15 years. She moved here 1 year ago and is using her skills to create a...
With the aim of saving as much municipal money as possible, the town hall of Pilar de la Horadada has successfully saved half a million euro off their annual electricity bill.
Councillor for Infrastructure and the Environment, Iván Romero, said that despite the rises in electricity rates, the municipality has achieved these savings through investment by the council in the review and optimization of electricity tariffs, in the renewal of street lighting and shutting down points of light in areas where there are no buildings.
“In 2011, the council paid more than a million and a half euro in lighting of the town, now this electric bill is about nine hundred thousand euro”, according to the councillor. In 2011, the process of changing old fashioned lights for energy efficient LED illumination began, work which still continues to this day, “an improvement in energy efficiency that has an investment of only 430,000 euro by the municipality”, he continued.
Moreover, Romero stressed that this intervention has made Pilar de la Horadada a pioneering municipality in the province of Alicante in the installation of LED lighting, because they have now been installed in almost all areas of both Pilar de la Horadada and Torre de la Horadada.
The councillor also announced that the installation of LED lighting will be extended to the area of the old town of Torre de la Horadada, through the grant requested from the provincial government of Alicante through their Energy Savings Plan.
The government team, led by José Fidel Ros, stressed that the full proposal is part of “an initiative aimed at saving and environmental sustainability”" a move that was supported by all councillors of the municipal corporation in the plenary.
Filed under: http://www.theleader.info/article/45098/
La Evanescencia de lo sólido de Manu Sanz
21st April 2024 - 19th June 2024
Sala de exposiciones Vistalegre @ Paseo Vista Alegre s/n Torrevieja
Duty Pharmacy - CARBAJO BOTELLA, RODRIGO
30th April 2024
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30th April 2024
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30th April 2024
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Jose Carreras road closed
4th March 2024 - 2nd June 2024
Cinecrítico. ValorES UNED “Gattaca”
30th April 2024 19:00 - 21:15
Centro Cultural Virgen del Carmen @ C/ Del Mar,28, 03182, Torrevieja