371 La Romana – Detached Villa

Hondon Villas are delighted to bring onto the market for sale this bargain priced detached villa with private swimming pool.

The villa comprises of a fully fitted kitchen, lounge/dining room with log burner, 2 bedrooms, one bathroom and a conservatory at the front of the house.

The property stands in mature gardens, complete with private pool, and outbuildings.

This villa is a bargain price and must be viewed to be fully appreciated.

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299 Torre del Rico – Very spacious traditional Detached Farm House

Hondon Villas are pleased to promote this traditional Spanish Detached Farm House located in Torre del Rico which is only a short drive from all the amenities in Pinoso.

The property has been sympathetically restored and retains many original features including beamed ceilings and a spacious farmhouse style fitted kitchen.lounge with wood burner, separate dining room. There are 3 double bedrooms and 2 bathrooms,

Outside is a private walled garden with ample space for the installation of a pool and several outbuildings that could easily be converted to provide additional living accommodation. Lovely views.

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248 Bayon. Detached traditional villa with private pool

Hondon Villas are pleased to offer for sale this traditional detached villa, standing in enclosed landscaped gardens with private pool. In a peaceful area it is only 5 minutes from all the amenities in the village and has fantastic views of the mountains.

It has 4 bedrooms, 2 bathrooms, lounge/dining room with feature fireplace, fitted kitchen. 2 garages, utility room, summer kitchen with barbeque. Air conditioning.

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FINALLY … Spain wise up to a more flexible Mortgage Product

KYERO SAYS: Historically low rates are enabling extremely cheap mortgages to be offered by lenders. Flexible term interest rates are currently being advertised at less than 1.5 percent above the Euribor, and the latest Euribor rate has just been announced, with March’s figure being only 0.2 percent.

With a more pro-active attitude from banks and the surplus of unsold property gradually reducing, the number of new mortgages issued this year is nearly 20 percent higher than last year and has maintained 8 months of consecutive growth.

The vast majority of Spanish mortgages (90 percent) are agreed on flexible rates, based on the Euribor, and although these rates are unlikely to rise too much in the foreseeable future, the Euribor went as high as 5.39 percent in mid-2008.

It’s therefore worth mentioning again that buyers do have the possibility of fixed term rates, with some lenders reportedly agreeing 30 year loans at less than 4 percent interest, providing very attractive long term payment stability.

Analysts are viewing the mortgage figures extremely favourably, with one of the ‘big three’ credit agencies (Fitch) marking an end to house price falls in Spain and a return to slow but gradual growth.

» More here:  http://us8.campaign-archive1.com/?u=4ced9c1e7ebb84944d3c3e207&id=6d954c6838&e=84bf63dd72

768 Solana – Detached villa with with 360 degree views

Hondon Villas are thrilled to offer for sale this well maintained villa with exceptional views. The accommodation comprises of glazed entrance porch with inner door leading into the lounge and dining area. Fitted kitchen with utility room. Feature archway leading to the 3 double bedrooms all with fitted robes. Master bedroom with en-suite shower room and recently refitted family bathroom. Pleasant glazed Naya providing excellent views of the mountains. Casita with outside toilet facilities and store room. The villa has gas central heating and a wood burning stove. Satellite TV and internet is also installed. Back up water tank. Viewing is recommended.

2,000 m2 of the large plot has been enclosed and landscaped. There are pleasant seating areas around the 8 x 4 m pool. There is a circular turning area for ease of access to and from the villa and car port.

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529 Elche – Detached Villa

Hondon Villas are pleased to bring onto the market for sale this detached villa in Elche with ample space for the installation for a swimming pool.

The villa comprises of a fitted kitchen, a large lounge/dining room, 3 bedrooms, 2 bathrooms, and master bedroom with en-suite.

Outside is ample space for the installation of a swimming pool.

Must be viewed.

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262 Hondon de las Nieves Detached Villa Private Pool

Hondon Villas are delighted to offer for sale this immaculate detached villa which is being sold fully furnished and equipped to a very high standard.

Approached by an impressive tree-lined driveway, the main house has 3 bedrooms with fitted wardrobes, 2 bathrooms (one en suite), spacious lounge/dining room with feature fireplace, lovely fitted kitchen. The porch has been glazed to provide additional living space with stunning views of the surrounding mountains. A separate casita provides guest accommodation comprising 2 bedrooms with fitted wardrobes, kitchenette and shower room.

Externally, 2,000 m2 of the plot is landscaped and enclosed with automatic entry system. The rest is planted with 100 almond trees that are tended by the local farmer free of charge.


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Spanish Property Rental Prices Increase

According to a recent report (February 2015) the rental price of Spanish Property has shown an average increase of 1.3%.
» Long Term Rentals in the Hondon Valley

The average price of housing for rent now costs on average €6.85 per m2, per month, according to the most recent data published by property portal, fotocasa.es. The property portal stated: “In recent months we have gone from registering declines in rental prices throughout almost the whole of the country, to registering monthly increases in most regions and in more than half of the provinces. This demonstrates that rental prices in Spain are tending towards stabilisation.

The Basque Country remains the most expensive region of Spain to rent property (30% above average) followed by Catalonia and Madrid. The best value region would be Extremadura and Castilla-La Mancha.

Bodegas Cerda… the local Wine Merchant

We love the wine in Spain – and at about €1.25 per litre from the local Bodegas it is a absolute bargain!!

Wine Merchant in Hondon

In the Hondon Valley and beyond we have a nice array of wine growers wine merchants to choose from but the most spectacular one has to be Bodegas Cerda in Hondon de las Nieves. This building could grace any major town or city. It is a working producer and seller of many wine varieties to suite all pockets. As well as a museum to Hondon’s wine producing history it has an audio / visual room for tourists and educational trips.

The cobbled court yard is an ideal place to sample the wines with local tapas, cheeses and cured hams.

If you have not visited it yet … please do so as you will not be disappointed! It is truly the prize of Hondon’s architecture.

» http://www.bodegascerda.com/

2015 UK Budget… Good for Investors?

What does the latest UK budget and new UK Pension / Annuity Rules mean for buyers / sellers of foreign property? Here’s an interesting post-budget reaction from Opps about cashing in pensions to invest in property. Good or Bad?

In a boost to the UK housing market, Chancellor George Osborne announced that Help to Buy ISAs will be introduced to help first-time buyers save for a deposit. For every £200 they save, the government will top it up with £50.

But were no other major announcements in the Budget directly affecting the housing sector, apart from confirmation of plans for 20 new housing zones.

Turning to the economy, Mr Osborne says the squeeze on public spending will end earlier than planned due to stronger growth and low inflation, as the Office for Budget revised its growth forecast for 2015 up 0.1% to 2.5% and for 2016 from 2.2% to 2.3%.

Focusing on pensions, Mr Osborne confirmed the Government will give five million pensioners increased access to their savings.

Louise Reynolds, Director of award-winning, Overseas Estate Agency, Property Venture, says pensions should seek professional advice when considering investing in property.

“In a budget taking the country from ‘austerity to prosperity’ pension savers need to ensure they don’t put themselves into ‘austerity’ with reforms announced to extend pension access to Annuity-holders.

It is a sad indictment of the industry, but we are likely to see a rise of the get-rich-quick brigade entering the property market, to wax lyrical about the advantages of investing in property, as an alternative way to invest liberated pension potsread more on Opps