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Company Info
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Press Releases
West Coast magazine
- The Costa del Sol is constantly evolving and its development over recent years has focused
on the luxury market, catering for visitors and tourists who come here to enjoy the temperate weather
and a great quality of life. and who then decide to settle here or make it their second home.
Recent figures published by the department of housing confirm that average property prices are 9.7% higher than last year, but this is the first single-digit rise in five years. Since 1998, property prices have risen by 120% until sales peaked in 2005 when figures indicated that an average of 87 foreign buyers a day were putting their money into a property along the coast.
Previous predictions by property developers that house prices would cool down during 2006- 2007 seem to be correct. Believing that their properties still offer the best value for money, with the inclusion of luxury finishes, increased security and intelligent-home technology. this can only be proof that the climate has switched to a more favourable outlook for buyers. Investment in real estate remains a lucrative proposition, provided |
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The Costa del Sol is constantly evolving and its
development over recent years has focused
on the luxury market, catering for visitors and
tourists who come here to enjoy the temperate weather
and a great quality of life. and who then decide to
settle here or make it their second home. Recent
figures published by the department of housing
confirm that average property prices are 9.7% higher
than last year, but this is the first single-digit rise in five
years. Since 1998, property prices have risen by 120%
until sales peaked in 2005 when figures indicated
that an average of 87 foreign buyers a day were
putting their money into a property along the coast.
Previous predictions by property developers
that house prices would cool down during 2006-
2007 seem to be correct. Believing that their
properties still offer the best value for money, with
the inclusion of luxury finishes, increased security
and intelligent-home technology. this can only
be proof that the climate has switched to a more
favourable outlook for buyers. Investment in real
estate remains a lucrative proposition, provided
buyers are careful and ensure that they deal with a
company that continues to work with good business
practices and established codes of conduct.
The Spanish government is about to change its
stance on taxes payable by non-residents. The
capital gains tax payable on the difference between
the selling price and original purchase price is
currently 35 per cent if you are a non-resident
vendor. Proposals set to come into effect from 1
January 2007 will bring the tax for residents and
non-residents to an equal value of 18 per cent,
meaning that Spain will have one of the lowest
property capital gains tax throughout Europe.
Countries such as Cyprus, Bulgaria and Dubai are
emerging destinations for holiday home owners,
but the Costa del Sol property market has greater
demand on it than any other sector in Europe and is
still an excellent investment. However, experts are
advising that this is best viewed with a mid to long
term outlook, and not as a short term investment
vehicle with the promise of quick profits. |
 |
Kristina Szekely one of the best known real estate
agents in southern Spain. Now the important new
alliance with Sotheby's International Realty Affiliates, Inc. will
ensure that the company is part of a global network
providing worldwide exposure for the Costa del Sol
property market. Established more than 30 years ago,
Kristina has overseen the growth of her company
to one which employs 170 members of staff spread
over several offices in Puerto Banús, Sotogrande
and Madrid. Kristina knows that the reputation of
her company is built on the care that is taken with
both the seller and the buyer -a responsibility
that has ensured clients come back repeatedly
to do business with a company they can trust.
At the moment Kristina sees more choice in the
re-sale market than with new properties or Kristina Szekely one of the best known real estate
agents in southern Spain.
Now the important new
alliance with Sotheby's International Realty Affiliates, Inc. will
ensure that the company is part of a global network
providing worldwide exposure for the Costa del Sol
property market. Established more than 30 years ago,
Kristina has overseen the growth of her company
to one which employs 170 members of staff spread
over several offices in Puerto Banús, Sotogrande
and Madrid. Kristina knows that the reputation of
her company is built on the care that is taken with
both the seller and the buyer -a responsibility
that has ensured clients come back repeatedly
to do business with a company they can trust.
At the moment Kristina sees more choice in the
re-sale market than with new properties or
developments, and a move westwards with clients
looking to buy around Sotogrande rather than in the
Marbella area.
However, she confidently assured
me that there are some excellent, fully guaranteed
properties available on new developments at Lomas
de los Monteros, Costalita and Aldea Hills. And
situated on the frontline of one of the most prestigious
golf courses on the Costa del Sol, Hoyo 5 Villas
in Guadalmina would make an ideal purchase for
golfers. as would the new frontline complex Alboaire
Golf in the heart of the San Roque Golf Club.
It is the international side of the company where the
most exciting part of Kristina Szekely.s expansion is
taking place. Travelling constantly to property fairs
or to one of their many international promotions,
she is ensuring that her name is not only renowned
in Marbella but is now celebrated throughout the
world as synonymous with quality and security.
Panama is one country where clients have a chance
for a unique opportunity to invest in an amazing
new development in a complex incorporating three
towers, one of which is the tallest in the southern
hemisphere. Further destinations offering attractive
investment potential are Morocco, Mexico, Miami
and the Dominican Republic. As Kristina says. she
likes to think of her company as "the local agency
for properties anywhere around the world." D
-+Kristina Szekely. Tel.952 810102 |
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