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More Good News… and More Banderas!

There is a popular Spanish saying, “No hay dos sin tres”, which roughly translates as “these things always come in threes”. For a third consecutive week, Málaga-born actor, director, producer, writer, fashion designer, Easter religious brotherhood devotee and one-time promising young footballer Antonio Banderas has been in the international news. This time, when he and Dutch girlfriend Nicole Kimpel met Pope Francisco I during the Catholic church leader’s Wednesday audience with the faithful in Rome (and published their selfies on Instagram). As for the real estate industry, there has been a continuing stream of more good news… - Last week we reported figures from the Spanish National Statistics Institute noting that the number of national home sales in February had increased by nearly 15.8 per cent compared with the same month in 2015. Now, the public notaries organisation (Notariado) reports that home sales increased by 22.9 per cent in February on an inter-annual basis, and prices by 0.6 per cent. - A new “encouraging” report from CBRE forecasts a 20 per cent increase in home sales this year and a five per cent rise in prices. The international property consultant added that there would also be an increase in housing planning approvals this year (to between 60,000 and 65,000), with the stock of new homes on the market likely to drop to between 300,000 and 325,000. - A poll of more than 100 top property investors in Spain and overseas found that 89 per cent of those surveyed had a high or very high priority for Spanish investments in 2016. The results of the report, by international property consultants Jones Lang LaSalle in conjunction with global business school IESE, were based on a survey of more than 100 top investors. - CBRE confirmed this trend, ranking Spain third in Europe – after Germany and the UK – as an attractive market for professional investors in global real estate. - One of the Middle East’s leading real estate developers, Cayan Group, has announced plans with Spain’s Sarena company (owner of the La Mairena estate near Marbella) to jointly develop a project on the “stylish” Costa del Sol. Announcing the partnership, Cayman said, “The European real estate market is going through a lucrative phase with hardly any signs of easing up and it is Cayan Group’s strategic decision to penetrate the European market during this time and be part of this gainful period.” - Construction has begun on a new €40 million development at La Cala Resort, “Horizon Golf”, comprising townhouses and apartments. Announcing the joint venture with Taylor Wimpey, David Kelly, chief executive of FBD Hotels & Leisure (owner of the resort through its parent company), told the Irish Independent newspaper, “We are now seeing significant momentum building in the Spanish hotel and residential property sectors. This makes Spain a very attractive proposition for investors, with a weak euro also a big plus for non-euro investors.” Staying in the La Cala Golf area, our featured five-bedroom villa this week is built to stunningly high standards and priced at just €1,800,000. Exceptional Homes We appreciate your taking the time to read about this outstanding property, but perhaps it is not exactly right for you? If not, we invite you to have a look at our other special selections for: La Zagaleta, Luxury Villas, Golf Properties, Seafront Properties, Apartments and Special Offers. Click on the category of your choice and follow the link. Also please feel free to roam around our website: www.villamarbellanow.com