La Zagaleta Villas For Sale: May 2010

This La Zagaleta villa property for sale is an unique blend of contemporary and classical architecture, resulting in one of the best looking homes within this prestige location. The house is situated in a big plot with an 8414m2 footprint, that has both great golf views along with a clear vista of Gibraltar and the Atlas mountain range in Morocco.

The pool is also modern in style and very tastefully done, as you can see in the image above. Real understated beauty is a continous theme throughout the whole of the property.

The property has an indoor swimming pool that really does have a very classy modern theme, as you can see in the image, it looks more like a 5 Star Spa. Also included within this area is a gym, home cinema all with a fully installed quality sound system. There are Staff quarters some of the additional features include air - con, underfloor heating and an very high level of security and, of course, privacy.

This living areas for this have an internal measurment of 1262 m2 and this five bedroom five bathroom luxury property in southern really will leave a lasting impression on even the most discerning clients´mind.

Although there have been some welcome signs of positivity within the Costa Del Sol property market, the halycon years experienced in the late 90´s and early 2000´s will not be seen again for a very long time, possibly not for over 10 years.

The European Union and its financial status looks more precarious by the day and the latest austerity bill, passed today shows that the Spanish Government is listening to pundits who think that Spain could suffer a fate similar to Greece, only on a far greater scale.

Big paycuts for workers and the strike action that will ensue, will certainly not help the domestic property market. Couple this will the large oversupply of homes and difficulty people will have getting finance and the news on the whole still isn´t fantastic. There are several issues with the international holiday home buyer, too.

Much of the boom could be attributed to the property speculator who used additional equity in their main residence to fuel their purchases. Many people now find themselves in negative equity and the banks risk tolerence has changed completely.

Should the international buyer have sufficient deposits to make a purchase here in Spain, mortgages are far more difficult to come by, again another factor impeding full recovery. Many developers within the are have lots of unsold stock and over the next 6 months, the level will increase as projects are finished.

The days of the "off-plan" property buyer have long gone, partly due to a lack of trust because of the previous years of corruption and bad publicity by the English press.

The property that is selling is the best of breed for each specific property class, as many buyers are now aware that vendors have to be realistic in their pricing levels if they want a sale. It will be interest to see more of the data produced over the next 6 months, this will give us all a clear picture of where the market is going and whether we will see further inertia in the Costa Del Sol property market.

This La Zagaleta property for sale is nearing the final stages of completion and will be ready to move into when a new owner decides specifically how the property is to be finished. The villa Contemporary in style and has been contructed, up to its current state using the very best in materials. The house will represent great value for money, given its total internal sizes and some of the features it will have. Cinema room and indoor pool are just some of the luxuries the new owner will have at their disposal.

Lets look at some of the stats - This La Zagaleta contemporary villa property for sale is situated on a plot of 3206 m2 and has 912 m2 of internal living area spread over five bedrooms and five bathrooms. There is a partial sea view and the property is private. The opportunity is there for anyone seeking a clean line, contmeporary styled house who hasn´t got the time or patience to start constructing from scratch. You will be able to have a great deal of input into what you want specifically in terms of finish, therefore giving the house your unique stamp.

For those people who like a more traditional Andalucian style La Zagaleta property this house will definitely be interesting to you. This residence  has 5 bedrooms and a good sized basement that could accomodate a cinema or something similar. The property has impressive dimensions and the bedrooms could all be regarded as suites. The ground floor has a total internal area space of 443.87m2, the lower ground level has 363.32 m2 with a basement size of 187.90m2. The land size is 5891m2 and has views across the countryside. The house also provides a great deal of privacy.

The villa could be described as "rustic" in style, with terracotta floors and traditionally styled window frames. There is a games room and a total of 5 bathrooms. The quality of materials used for this house are of a good standard and this becomes immediately obvious when you are viewing this property.

An interesting La Zagaleta villa for sale that would offer traditionalists a perfect place to enjoy the great tranquility and feeling of being close to nature. Once again because of the level of security this estate gives its residents, even if you intend to use your house sporadically, you will have total peace of mind.

This La Zagaleta building project gives prospective purchasers the chance to own one of the biggest specification villas  available inside the development. This house in property is based on a 4482m2 plot and will offer internal space close to 2000m2 including eight bedrooms and eleven bathrooms.

The house has clear sea and mountain views and will also have four swimming pools. The driveway will benefit LED lighting, giving the impression of a runway, taking you up to a Tuscan-style garden . All the outside areas will be landscaped to a high standard, encorporating a waterfall in the garden, travelling along to a chillout pool.

The bathrooms will be completed by "Fantini", the high grade Italian bathroom manufacturer and the kitchen will be by Clive Christian. There will be a garage that will accomodate eight vehicles, with extra space for a golf buggy. The residence will have a excellent spa amenities, including a Dombragt rainshower/steamroom.

Additional features wilol include a nightclub, a home cinema area, a projector in master bedroom suite, an indoor pool that has a Sicis 24 Carat gold mosaic and  jacuzzi.

This La Zagaleta villa project for sale will also enable the new owner to add their own bespoke features, personalizing the property accordingly. Few other properties within the estate will be completed using such high quality materials and specification. If you are in to entertaining this house will be perfect for you.

The Spanish Ministry of Housing announced a 12% increase in the number of unsold homes in 2009. There is no surprise there as we all know that many of the newer, less well placed developments were hugely under-subscribed.

The total number stood at 688,044 in 2009 and will obviously increase substantially as more construction sites near completion, taking unsold stock levels to over 1,000,000 homes. The interesting point here is that there is a massive dis-parity in where these unsold properties are geographically located, with 61% of the languishing properties in coastal areas.

A spokesperson from the Ministry of Housing mentioned that the rates of these homes being sold will be severely disproportionate, given that the majority of the glut needs foreign holiday home buyers as opposed to domestic purchasers. How will this impact the Costa Del Sol property market?

Well, obviously the news isn´t positive, as such dramatic oversupply will adversely impact prices within certain localised areas and will drive asking prices close to the completed empty developments down.

It is worth mentioning that the increased number of unsold homes is markedly less than in the previous years, with figures going up by as much as 40% in some years. In order to avoid the implications that the above may present, I do think that choosing a more established area will help safeguard against decreases in price.

Conversely if you are looking for a cheap holiday home and don´t neccessarily care too much about being in a prime or mature location, you will have really heavy bargaining power, as developers get more and more desparate to unload stock.

We have recently added a modern La Zagaleta villa for sale , that looks across the 1st tee of the golf course and directly at the sea. The property has a very grand entrance area and on both sides of the front door you have an area filled with large white stones, they have both been designed to contain water, add this to the LED lighting systems and you will have a fantastic and dramatic effect. When you enter the house you are presented with a  high vaulted ceiling living/lounge area that gives you the immediate feel of considerable space.  The majority of the houses facade is made up of windows, affording this area with a lot of natural light.

Directly above this area there in a mezzanine walkway that takes you to a section on the 2nd level that could have several uses, it could be an office space with great views or a relaxation area. Every room and is particularly spacious and the master bathroom is fantastic, encorporating a rare Brazilian grey marble finish that totally unique.

There is good flow from the lounge/sitting room area out to the contemporary Balinese pool , including decking with a pergola, again with clear views of both the golf course and sea. The flooring used within the house is made of high grade marble combined with a dark wood, very similar to the finish in the Laguna De Banus luxury apartments near Puerto Banus. When you travel below ground you get a good idea of how meticulously this property has been constructed, the machine room is so well organized and planned. There is also a separate staff apartment area and a bigroom that could easily have a private cinema or  indoor pool should you required.

This is a large, bright and gigh quality La Zagaleta house that would be perfect for those who like contemporary architecture.

Taking time in the property we have listed in La Zagaleta is, I feel is particularly beneficial as it helps us have a better understanding some of the best points each villa property offer clients. This means taking some hours in each residence and getting to fully understand it inside and out. This gives a feel of just what helps make each property so special and also helps us when we have to match up prospective buyers with their dream home. This seems pretty obvious, but does help make a huge difference when we devise a portfolio of property for prospective buyers.

We recently spent  time in in a house I would describe as a traditional property on the last visit to the La Zagaleta development. The biggest thing thatgot me about this villa is its amazing, flat and useable plot. Upon entering the villa, it is apparent that the current owner has bought a plot closest to the access road, to make sure he had additional front garden space and also giving extra distance from the avenue leading past the front of the house. This means it would be feasible to construct more staff quarters that would offer a separate residence up to about 150m2 in internal size.

The driveway takes you up to a circular courtyard that assists you when you want to turn your vehicles around and also has the added feature of looking fantastic. When you enter the hallway of the property you greeted by a particularly high ceiling and a splendid grand staircase, when you look upwards and towards the left up you see a tasteful library area with dark wood ceilings. Straight on, downstairs you have a big lounge and beyond that you really begin to appreciate how excellent and useable this garden is. Leading off from the right of the lounge area there is a dining room that is particularly bright as it is triple aspect. To the left side of the living room, there is an oak-panelled area  that would be perfect for entertaining, there is a full size snooker table currently. This room has the feel of a prestigious gentlemens club.

I have supplied a picture taken from the bedroom terrace area that  has fabulous sea views. To see additional interior pictures of this La Zagaleta villa for sale click here. This is a 5 bedroom property with an internal size of 1300m2 on a plot of 9500m2. The feel of this villa is classical and I do think because of its location within the La Zagaleta estate and unique, flat garden area, prospective purchasers who are looking for something more modern should not rule this house out. With some aesthetic alterations and also changing the location of the pool directly in front of the house could have spectacular results.

We have added a new section in our site entitled luxury villas for sale in Marbella that will start to showcase some of the most desireable villa properties in the Costa Del Sol region of Spain. We will endeavour to offer clients looking for the very best villas the widest selction possible, coupled with the ability to impart a clear and concise information on each property we have listed.

We are starting the ball rolling with a modern, contemporarily styled house in the Los Monteros are of Marbella. The house has 6 bedrooms and 6 bathrooms spread over more than 850m2 of internal space. Because the property is modern in feel and each room has been deisgned by the architect to make the most of all natural light, therefore sense of brightness and space.

This is modern opern-plan living at its absolute best. The pool area is tiles with non slip limestone tiling and 150m2 of the terrace is covered allowing you some respite from the relentless Andalucian heat in summer. There is also a very good entertinment are in the house including a gym and home cinema. This luxury Los Monteros villa for sale also has a full intelligent home system and music is piped to each room in the property.

This is definitely in the top 1% of houses for sale within the Costa Del Sol region of Spain and would suit those who are looking for a very high standard of finish luxury villa with all the latest technology incorportated. Also if you love spending times outside and in the pool, plus great entertainment space, this would be your perfect home.

Tinsa have released figures year on year from April to April showing a 4.6% decline in Spanish property prices. If you look at statistics on a month to month basis, they are even showing a minimal increase in prices. When you examine the trend and if the figures are a true reflection on reality, the market has stabilsed and will even show growth by close of the year.

I do have concerns about the accuracy of the figures produced by Tinsa, because they are aggregated from bank valuations rather than closed property deal figures. For me Spanish banks have a particularly poor history when it comes to valuing houses and for my money, many of the bad loans the banks are tackling at the moment are as a direct result of ridiculous valuations.

I have been present on many occasions when valuers have been in houses and their process is weak at best. In fact one of the valuers asked me, an estate agent, what I thought the property was worth and actually gave that figure to their lending department. Not particularly scientific!

When buying a Costa Del Sol property you certainly need to get your information from as many sources as possible, using figures like that produced by Tinsa as a rough guide, rather than taking them literally. These figures are now showing coastal property to have an average price of €2,033 per M2, back during the boom time they were as high as €2590 per M2.

The other positive indicator, specifcally for the Marbella area is the number of transactions recorded in the first quarter, as mentioned in one of my previous posts. Don´t get me wrong, I am delighted to see some positive data emerging from Spain. I do think that some of the official data can be taken with a pinch of salt and we need to have a number of these type of reports over another 6 months to gauge whether or not this is a true reflection on what is really going on in the marketplace.