RE/MAX Eralia -- RE/MAX Collection at the 40º edition of the BMW Polo Championship organized by the Santa Maria Polo Club of Sotogrande

The prestige and recognition enjoyed by Santa Maria Polo Club and the International Polo Tournament have been key for RE/MAX Eralia to choose this sporting event to promote its collection of more luxurious properties located in the most sought after locations in the area.


RE/MAX Eralia part of the international real estate franchise sales leader in the world, wanted to join the celebration of the 40th anniversary of the prestigious Polo Tournament BMW International Santa Maria Polo Club, with the installation of a stand where all tournament attendees will learn firsthand the most spectacular homes in the area. During the month of August, the Santa Maria Polo Club celebrated the 40th edition of this tournament, which will be held the prestigious Gold Cup, Silver and Bronze, including the first, corresponding to the Cup Gold in the World Polo Tour international circuit.
With about 40 square meters, the select area was dedicated to The RE/MAX Collection a division of ​​RE/MAX Eralia devoted to properties of high standing. Under the name All those attending this prestigious tournament will learn about exclusive properties in Marbella that has this office in the area, and this is a unique place to meet this wide range of real estate.
This action of support and collaboration with sports on the Costa del Sol is in addition to those already made previously by RE/MAX Eralia, among which are sponsored by the National Competition Jumping Horse of Estepona, the Golf Tournament Golf Club Alferini, both held last year, including sponsorship of the Easter Tennis Tournament RE / MAX Eralia, held last Easter.


Corzo 7, Los Monteros Playa (Marbella - Costa del Sol)


Brand new contemporary villa in Marbella (Costa del Sol) elegantly designed, recently completed and built to the highest standards. It is located in the renowned area of Los Monteros area only 500 meters from the best beach club of the Costa del Sol, La Cabanne. Due to its distribution in spacious and open rooms, its south west orientation and the windows, the property gives off a special feeling of natural lighting. An elegant property at the perfect location.



Fantástica villa en Marbella (Costa del Sol) a estrenar de diseño elegante y contemporáneo, recientemente terminada y construida con las mejores calidades y todo lujo de detalles. Está situada en la prestigiosa zona de los Monteros y a solo 500 metros del mejor club de playa de la Costa del Sol, La Cabanne. Gracias a su distribución en grandes espacios y estancias abiertas, su orientación sur oeste y las ventanas, la propiedad transmite una sensación especial de luz natural. Una propiedad elegante en el enclave perfecto.

  • Beds/baths: 5 bedrooms and 5 bathrooms
  • Plot Size: 1.410,06 m2
  • Built Size: 683,08 m2
  • Price: 2.649.000 Euros

Ver folleto / View dossier







Villa Guadalmina Baja (Marbella - Costa del Sol)

First line beach unique villa in Guadalmina Baja. Due to its distribution in spacious and open rooms, its south orientation, its open sea views and the plethora of windows, the property gives off a special feeling of natural lighting. It is just 5 minutes walk from restaurants and a golf club and within distance of Puerto Banus and SanPedro de Alcantara with all services available.

Unica villa en un enclave privilegiado, primera línea de playa en Guadalmina Baja. Gracias a su distribución en amplias habitaciones, su orientación sur, su vista abierta al mar y el gran número de ventanas al exterior, la propiedad ofrece una agradable sensación de luminosidad. Situada a 5 minutos andando de restaurantes y el campo de golf y a corta distancia de Puerto Banus y San Pedro de Alcántara con todos los servicios al alcance.

















Open House in Monte Golf de los Almendros

I am pleased to invite everybody to an Open House to be celebrated on June 24 between 11:00 and 17:30 at Monte Golf de los Almendros, Puerto del Almendro (Ronda road), Benahavis, Marbella -- Costa del Sol.

Spaciousness is the feeling when entering this fantastic penthouse notable for the wonderful finishes in every detail and the brightness of all rooms. Specially lightly is the living and dinning room with large windows that give access to a generous terrace offering breathtaking views. High quality is all around and in its Poggenpohl kitchen with Bosch appliances. The ample main bedroom incorporates an ensuite bathroom and dressing room. The wardrobes are wooden finished and also includes a safe. The bathrooms are also made with the best materials: Travertine marble, big modern showers with wooden floor, under floor heating, Gröhe taps, instantaneous production system for heated water and wall-fitted toilets.

You can have a look to this outstanding property while enjoying a snack consisting of Mexican delicatessen with the company of friends and professionals of the real estate field.




Alfonso Lacruz reaches the top ten in the Spanish RE/MAX Ranking

In spite of the complicated times we are living in the real estate industry of the Costa del Sol, I have been able to reach again the top ten in the ranking of the RE/MAX Spain Associate Agents. I am quite proud of my team that is allowing me to be in the number ten of Spain among approx. 600 RE/MAX Spanish Associate Agents. It is just one big secret: hard, hard work.

RE/MAX cooperates with Aldeas Infantiles SOS -- RE/MAX for Kids

RE/MAX Spain and RE/MAX Eralia in Marbella are proud sponsors of the program RE/MAX for kids. RE/MAX is helping the fantastic work that Aldeas Infantiles SOS is developing all around the world. This extraordinary "All you need is love" video shows the magnific work Aldeas Infantiles SOS does in their farms for childs.

See the video: http://www.youtube.com/watch?v=hbaJa0Yuvjg&feature=related

Alfonso Lacruz awardwd as one of the best RE/MAX Spain Associate Agents at the RE/MAX Canary Island Convention

Alfonso Lacruz was awarded with the Executive Club award as one of the best Spanish RE/MAX Associate Agents. The award was given at the Spanish RE/MAX Convention held in the Canary Islands on June 8-9. It was a great Convention with really interesting lectures by reknown coaches, lots of camaradery and plenty of networking. You can feel on these conventions that RE/MAX is a great company with outstanding professionals.


Villa La Resina 25 (Benahavís - Marbella - Costa del Sol)


A luxury contemporary villa very spacious and luminous, at only five minutes to some of the most prestigious golf courses of Marbella, Monte Halcones shopping center and very close to San Pedro de Alcántara and Puerto Banús. It is located in a privileged settlement with superb panoramic sea views.



Lujosa villa de estilo contemporáneo, muy espaciosa y luminosa. Con una ubicación inmejorable, se encuentra a situada a cinco minutos de los mejores campos de golf, del centro comercial Monte Halcones, con restaurantes, servicios, muy cerca de San Pedro de Alcántara y Puerto Banús. Ubicada en un enclave privilegiado con impresionantes vistas panorámicas al mar. 













Puerto del Almendro (Benahavís-Costa del Sol)


Fantastic Andalusian style villa recently built located in Puerto del Almendro. It enjoys stunning views to the sea, south oriented, ample rooms, really good qualities, storage, play room and garage for six cars. The urbanization is in a perfect place to enjoy the tranquility of the area but also very close to Los Arqueros and La Quinta Golf, San Pedro and Puerto Banús.


Fantástica villa de estilo andaluz y reciente construcción situada en Puerto del almendro. Disfruta de maravillosas vistas al mar, orientación sur, amplias habitaciones, muy buenas calidades, trastero, sala de juegos y garaje para seis coches. La urbanización es extremadamente tranquila pero a la vez muy cercana a los Arqueros y La Quinta Golf, San Pedro y Puerto Banús.

  • Beds/baths: 4 bedrooms & 3 bathrooms
  • Plot size: 711 m2
  • Built size: 280,54 m2
  • Price: 470.000 Euros

Corzo 3 y 5, Los Monteros Playa (Marbella - Costa del Sol)


Fantastic plots located in the renowned area of Los Monteros area only 500 metres from the best beach club of the Costa del Sol, La Cabanne. Only 5 kms. from downtown Marbella, the main commercial and shopping centers such as El Corte Ingles and La Cañada. In addition there are many golf courses such as Santa Clara and Greenlife Village Club approximately 500 m and 6 kms The planning permission allows for a two levels villa of about 365 sqmtrs in each plot. In accordance with PGOU 1986.

Fantásticas parcelas situadas en la prestigiosa zona de los Monteros y a solo 500 metros del mejor club de playa de la Costa del Sol, La Cabanne. A solo 5 km. del centro de Marbella y los principales centros comerciales o grandes superficies como El Corte Ingles y La Cañada. Además un gran número de campos de golf como el de Santa Clara y Greenlife Village Club entre 500 y 6 km. de distancia. La planificación urbanística permite construir una vivienda unifamiliar en dos alturas de aproximadamente 365 m2 en cada parcela. De acuerdo con el PGOU de 1986.


  • Address: C/ Corzo, 3 y 5 - Urb. Los Monteros
  • Size:   936,35 and 1.122,17 respectively
  • Price: 468.000 and 569.500 respectively





Current Situation of the Real Estate Market from the Point of View of a Lawyer. (Part I)

As I mentioned in my previous letter, during the coming months I will be sending you useful information about the real estate business, as many owners or potential buyers are unsure of the exact process of the sale of their properties in Spain, the real estate market and/or information of interest for your property. Many times the selling or buying process of real estate is not a standard procedure and there are some important items to be checked. I have requested the collaboration of the reknown lawyer, Mr. Arturo Perez Gonzalez from Martinez Echevarria, Perez and Ferrero Lawyers, to give us an insight on the matter:

CURRENT SITUATION OF THE REAL ESTATE MARKET FROM THE POINT OF VIEW OF A LAWYER (PART I)

We know that the purchase or sale of a property must be made through a Notary Public, that it will generate certain expenses and taxes, that it is very convenient the registration of the operation at the relevant Land Registry, that the property must hold its municipal first occupation licence, etc. And in general, that it is equally very advisable the intervention of a real estate and/or legal professional, able to give you certain guarantees on what you are buying or selling, and its formalization.

However, independently from these generalities or what is obvious, from a legal point of view, as lawyer working in this field, I would like to highlight some other points which are not that obvious, that are not as “known” by the public in general, but which are not less important or decisive, to bear in mind, when you are going to buy or sell. And so, we can outline – in summary – the following:

A.- Urban Regulation General Plan (PGOU).-

The PGOU, as urban regulation instrument of a town or village and its municipality, whose temporary currency period is of a minimum of eight years, shall indicate to us at any given moment which urban qualification does our property have or that we wish to buy, and – very important – the surrounding area. And as the urban reality does change, as the Laws do constantly, it is very important to know, specially every time when a PGOU of a town or village is revised, what does that PGOU state for our property, in order to have the possibility of presenting a plea as may correspond regarding our rights and interests, within the legal deadline as established. All of this, without detriment to the Urban Regulation Law of Andalusia (LOUA), to which is subject each PGOU in Andalusia.

B.- Tax value.-

Every property has got a tax value, which is different from its cadastral value - which we can find in the annual Real Estate Property Tax receipts (IBI) – or from its market value.

Right now with the crisis, when the effect of sales with great discounts in the price is happening, we are going to find situations where, once declared in the public deeds the real price –market value- of the real estate transaction, this price is less or much less the tax value of the property being purchased. So, in these cases, the relevant Tax Office in charge of the Transfer Tax and Stamp Duty (ITP-AJD), prior payment of that Tax via self-declaration, shall issue to the buyer a complementary bill of that Tax for the difference between the declared price –market value- and the tax value corresponding to that property.

We will have to know then that tax value before formalizing the purchase or the sale, in order to quantify exactly the total figure of expenses and taxes that this operation will generate for the buyer.







Arturo Pérez González (Martinez Echevarría, Perez y Ferrero Abogados)

Las Terrazas C11, Urb. Puerto del Almendro (Benahavis - Costa del Sol)


Exquisite apartment for sale in Benahavis with an ample terrace and stunning views. One of the cheapest properties of the area due to its relation site/price. It has an exceptional amplitude and plenty of light. A great value for money.It is situated on a quiet and consolidated complex with nice gardens and common areas called Las Terrazas.  Ideal for those who want views and enjoy nature. Only a 10-minute drive from Puerto Banus!

Espectacular apartamento en venta en  Benahavis (Costa del Sol) con amplia terraza y maravillosas vistas, posee un tamaño excepcional y muchísima luz. La propiedad es una inversión segura debido a su relación tamaño/precio. Está situado en la maravillosa urbanización Las Terrazas, complejo consolidado con bonitos jardines y áreas comunes, Ideal para los que quieren disfrutar de las vistas y la naturaleza. Sólo a 10 minutos de Puerto Banus.












Las Terrazas 420 (Benahavís - Costa del Sol)

Exquisite apartment for sale in Benahavis with an ample terrace and stunning views. One of the cheapest properties of the area due to its relation site/price. It has an exceptional amplitude and plenty of light. A great value for money.It is situated on a quiet and consolidated complex with nice gardens and common areas called Las Terrazas. Ideal for those who want views and enjoy nature. Only a 10-minute drive from Puerto Banus!

Espectacular apartamento en venta en Benahavis (Costa del Sol) con amplia terraza y maravillosas vistas, posee un tamaño excepcional y muchísima luz. La propiedad es una inversión segura debido a su relación tamaño/precio. Está situado en la maravillosa urbanización Las Terrazas, complejo consolidado con bonitos jardines y áreas comunes, Ideal para los que quieren disfrutar de las vistas y la naturaleza. Sólo a 10 minutos de Puerto Banus.


















Las Jacarandas, La Quinta (Benahavís - Marbella - Costa del Sol)

Townhouse for sale in La Quinta, Benahavís, that combines the pleasures of living on first line golf with the proximity to the sandy beaches. It comprises an ample living room with fireplace, a spectacular garden on the golf with views to the sea, and a luminous master bedroom with a charming fireplace. The consolidated complex offers not only the combination of golf and Mediterranean living but also a unique blend of peaceful natural surroundings.

Espectacular adosado en La Quinta, Benahavís, que combina el placer de vivir en primera línea de golf así como la proximidad a las cálidas playas de Marbella. Tiene un amplio salón con chimenea, jardín privado sobre el campo de golf con vistas al mar y un luminoso dormitorio principal con chimenea que lo hace encantador. Es una urbanización muy consolidada diseñada para aquellos que quieran disfrutar de la tranquilidad de una casa con muy buenos tamaños y a escasos minutos de todo lo que la Costa del Sol les puede ofrecer.


  • Address:   Las Jacarandas de la Quinta, 13
  • Beds/baths:  5 bedrooms &  4,5 bathrooms
  • Built Size: 195 m2
  • Terrace Size: 25 m2
  • Price: 395,000 Euros










 





Valdeolletas, 63 (Marbella - Costa del Sol)

Flat plot for sale located in El Mirador, Marbella. Within walking distance of pick up points such as the main Marbella bus station, schools, restaurants, shops and an easy access to the main beltway and the highway. With 947 m² the planning permission allows for a two levels villa with building allowance of 0,2m²/m². Ideal for those looking for a plot steps from the Marbella center.

Parcela plana en venta en urbanización el Mirador, Marbella. Situada a poca distancia de puntos de interés como la estación de autobuses, colegios, restaurantes, tiendas y con fácil acceso a la circunvalación y a la autovía. Con 947 m² la planificación permite construir una vivienda en dos alturas con una edificabilidad de 0,2m²/m². Ideal para los que buscan una parcela a dos pasos del centro.

  • Address: Valdeolletas, 63 - Marbella
  • Plot Size: 956 m2
  • Price: 260,000 euros









La Resina, Puerto del Almendro (Benahavís - Costa del Sol)

Fantastic plot with outstanding views located in a gated urbanization. The planning permission allows for a two levels villa with building allowance of 0,2m²/m².  The plot location is superb, as it is set in a consolidated urbanization mostly surrounded by luxury villas. Monte Halcones commercial center, with restaurants, services and a supermarket (Opencor), is 1km far. Very close are also San Pedro de Alcántara and Puerto Banus, where to find all services and amenities.

Fantástica parcela con vistas impresionantes situada en una urbanización cerrada. La planificación permite construir una vivienda unifamiliar en dos alturas de con una edificabilidad de 0,2m²/m².  La urbanización Puerto del Almendro es una zona extremadamente tranquila pero a su vez muy cercana a San Pedro de Alcántara y Puerto Banús y a pocos minutos a pie del centro comercial Monte Halcones con restaurantes, servicios y un Opencor.

  • Address: Urb. La Resina, 14 - Benahavís
  • Plot Size: 1,550 m2
  • Price: 220,000 euros









Capital Gain Tax -- An overview

As I mentioned in my previous communication, during the coming weeks I will be sending you useful information about the selling process, as many vendors are unsure of the exact process of the sale of their properties in Spain. For this reason, the following is a brief description of the capital gain tax to be paid by the seller:


CAPITAL GAIN TAX

Any non resident -individual or entity- who sells his Spanish property is liable to pay Spanish Capital gain tax at a rate of 19%. 

3% retention.

As guarantee against this tax the buyer must withhold 3% of the purchase price and deposit it with the Tax Office in the seller’s name. This deposit must be done within 30 days after completion using Form 211. If the buyer fails to do so, the property will be liable for this 3%.

If the seller is tax resident in Spain, he will not suffer the 3% retention. In order to prove it, the seller must provide the Notary, at completion, with a tax residency certificate issued by Hacienda. The residence card issued by the Police is not enough for this purpose. 

How Capital Gain Tax is calculated?

Roughly, Capital gain tax is 19% of the sale value minus purchase value.

The “Purchase value” is the sum of the following concepts: Purchase price; Expenses and taxes inherent to this purchase (Lawyer fees, Notary and Land Registry fees, transfer tax, stamp duties, mortgage costs); Annual 3% Special Tax for off shore companies and; Improvements, not mere reforms (i.e. swimming pool or a home extension).

In order to bring the above sums to today’s values it is necessary to apply an inflaction correction which amount will depend on the years of purchase and sale. 

The “Sale value” is much simpler to calculate: total sale price minus taxes and expenses incurred (lawyer fees, real estate agent fees, plusvalía tax, and notary fees if any).

Transitory rules.

Those who purchased the property before 31/12/1994 can apply a reduction factor to reduce the gain.

How to settle the tax?

The vendor must settle the capital gain tax within 4 months after completion using Form 210. The 3% deposit will be deducted from the amount of tax owed. If this 3% deposit is greater than the tax due, Hacienda will refund the excess by bank transfer to the account mentioned in Form 210. Hacienda will deduct any other outstanding taxes (i.e. annual income tax) before refunding the money.

Legal tips.

Make sure you keep records of all expenses and taxes paid as well as any home improvements as they will reduce the capital gain tax significantly. 

When buying a property make sure that the vendor deposited the 3% (previously 5%) if he purchased the property from a non resident. He must show you Form 211. Otherwise you property can be found liable for this deposit.


Adolfo Martos Gross

Gutiérrez del Alamo y Martos, Abogados
Marbella – Tv. Carlos Mackintosh nº 3, Of. A-3

amg@gam-abogados.com
www.gam-abogados.com