The Bank of Spain has announced that they expect higher reductions in the price of the Spanish properties.

The Bank of Spain has announced that the price of the housing in Spain needs more adjustments. In an illustrative graphic, they show the tendency of the prices in this cycle compared to that of the previous real estate crisis of 1991 and 1979. If you follow that logic, there are still two years to reach the lowest level. Is that true? Probably no one knows what is going to happen but one thing is true, the actual tendency fits exactly on those previsions. That does not mean anything but people selling or thinking on selling in the near future have to consider seriously what the experts say when preparing their future real estate movements. There is also something important to be thought about by sellers: this report is on banking status and we all know that the banks, owners of a great number of properties, have a lot to say in this complicated real estate market. If the decide to go for it, they will break the market. It happened in the 1991 cycle, and it will happen again.

Still a complicated market. Closed Transactions chart for Benahavis.

The data published by the Spanish Ministry of Housing shows it. The number of operations closed per quarter has gone down heavily in Benahavis to half of that of 2010. Furthermore, the prices are still going down as was shown in the last July report also issued by the Spanish Ministry. What is going on? It is difficult to say but, according to a number of real estate agents I work with, the news does not help and we are facing a lack of confidence in our market/country. We had the Japanese earthquake and the Greek crisis at the beginning of the spring and those events ruined what has been usually the best quarter of the year. The situation, again based on our experience, has improved during the summer but it is tough to sell a property. The conclusion can be only one: if you do not need to sell, don’t even try but if you have to, go for it and fix the most competitive price in your area.

Great Success of the RE/MAX Collection Presentation Cocktail at our villa in Los Monteros

The presentation was a total success. More than sixty agents and friends came to visit the property and enjoy the dinner at a perfect night with us. The visitors were amazed by the qualities and finishes of this spectacular property at one of the best locations in Marbella, Los Monteros.

Alfonso Lacruz with RE/MAX Collection for the presentation cocktail of an amazing villa in Los Monteros

As part of our compromise when marketing our RE/MAX Collection properties, we have organized a presentation cocktail for friends, families and colaborators so we can have a nice time this evening as main porpouse and, at the same, enjoy with this spectacular property.

The property will be open for visitors between 7:00 PM and 10:00 PM.

I hope I will see many of you there!

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.

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.

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.

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.

Marbella Old Town Cultural Event. Next 4th of June from 19:00 to 23.00 p.m

Come and enjoy music, art, children entertainment and the best food with the collaborating well known Restaurants  into the Old Town of Marbella. This event will be held every first Saturday of the month. You can miss it out!!!! 

NEW SALE -- AGAIN COLINAS DE MARBELLA!

This really has been a quick sale, after signing the exclusivity contract with the owner there was no even time to start working on the marketing campaign, nor taking pictures. The apartment was such a good deal that the first client who view it did not wanted to let it go, and automatically went for it!!!.