Resort houses in Spain: it is checked up and is very reliable – dynamics of the prices for real estate

Priority direction at purchase of the second house is Spain. Today in Spain the quantity of transactions with «the second houses» makes about the third part from total number of transactions in the real estate market. For the last years this sector has shown the most dynamical growth in the regional market of real estate.

«The second house» participants of the largest regional associations in the real estate market – National Association of realtors of the USA which was represented on the Madrid salon of real estate by the coordinator of PLANK BEDS on countries of Western Europe Norman Flinn, and the European confederation on real estate have seriously attended to acquisition problems also. According to National association of realtors of Spain, more than 1,5 million foreigners have chosen this country for purchase of the second residence. According to the operating director of company EstateService Gennady Tuzova, the reason of similar development of a situation are simple and obvious: a favorable climate and ecology and – the most important thing – that Spain is the developed European state.« It is possible to speak as much as necessary about dynamics of a rise in prices for real estate in other countries, prospects and development of this market, but the Europeans who have got used to a certain standard of living, in most cases conversations on prospect not very much arrange, – Mr. Tuzov marks. – presence of the debugged system of public health services, roads and an infrastructure, high cultural level and a low crime rate – all these parameters necessary for quiet and serene life on rest, in Spain are already today ».

Stock market decrease usually causes a new wave of interest of investors to investments in real estate. And mortgage development opens before them new possibilities. Apartment purchase on credit and its subsequent delivery in rent can become reliable way of an investment of money and won’t demand additional expenses if rent payments cover monthly payments under the credit.

And for this purpose it is necessary to calculate all truly.

One – adjoining a supermarket “Amstor”, a delphinarium is mute”also to Leninsky prospect, – it is dressed in an armor trotuarnoj tiles, it is filled by bulky designs of attractions, buildings of cafe and restaurants. A lot of places occupy, besides, concreted dancing, nurseries and variety platforms. Naturally, that unique microclimate, freshness and aroma of grasses, colors, leaves have disappeared also. The pleasure of dialogue with wildlife which involved in TSPKiO donchan has disappeared.

Actually, and park this territory chained in a stone and metal, now hardly you will name. After all the park is translated from Latin as limited lesok and means the big garden with avenues, flower beds, the ponds, intended for walks, rest. And what there lesok and a garden on platforms with trotuarnoj a tile where green plantings you will find hardly.

To a condition of ponds we will return a bit later for now we will pass in the second part of the former park which pertinently to name destroyed and razrytoj. By the way, to get to this part from another, “improved”, not so it is simple. Still recently uniform green file is nowadays divided by a high shod fence in which there is no even a gate.

In the destroyed, almost destroyed part of a green file on a place vykorchevannyh trees and cozy park avenues the huge foundation ditch – some honeycombs of meters in diameter is dug, the tower crane works, the huge dump-body trucks which are bringing up sand and concrete … scurry about

This “building of a century” on a park place has begun even in the spring. And near to it the high-rise building was erected more modestly.

Where weddings, where drunken feasts with fights, well distances on a physiognomy and that there the such. At us in general the country of permanent fights.

But here a case special. In the name of the victim – the foreign citizen and the employee of Gazprom in one person. Costed to it few times on a physiognomy to go, as all of us and have punished at once.

And there can be it such investment policy. Here see the Lord foreigners, Russia is attractive to investors. It is necessary to drive into your brother as we on protection will rise at once. Also don’t worry, and to the whole world we will show: «the Pier come to us from all to light, with the money». Everything, as at Pushkin: «All flags on a visit will be to us».

All it, probably, my conjectures then I will try more particularly. In a reality we should estimate a situation soberly. Those is at whom money, they and take everywhere the first places. Here, for example, if now as earlier on 1мая, there were columns of demonstrators in the forefront should go Abramovich with a banner in hands, Prokhorov, Potanin with headers.

Probably, as the former head of bank argued also. The barin, solid such passenger here goes, and here someone suddenly begins, as it seems to it, to disturb, unless it is worthy. The citizen of “the country of tulips» thought that as at itself in Europe. Has passed the car and behind it it was attached, the naive person. And that security guards have looked at ours – in eyes to the boss, that has important nodded, those have approached, otdubasili the guy and further to itself have driven. Then, truth already some cars have approached on them suddenly and have similarly arrived with them, but it already other history.

And to “banker” who has provoked this situation, then there were many questions. And banks at it any doubtful, most likely, for “otmyva” money. After all the Central Bank says that four of five bankruptcies occurs under the criminal scheme.

Here such insignificant incident, and what consequences and how many conclusions, do.

However to find a similar site on all parameters difficultly enough, therefore cost in an estimated album can appear both not in favor of bank, and not in favor of the borrower. The estimated companies in most cases don’t leave on district, and simply count up statistics of the spent transactions on area and then calculate average cost of one hundred part in the given district and multiply it by the ground area area.

Thus, both the borrower, and bank receive an active, liquidity and which cost raise the doubts.

If the purpose of acquisition of the ground area is building in the future of an individual apartment house, it will be expedient to estimate expenses for leading of all communications, a condition of access roads.

As to wood export in this area Russian pravitelst in has tried to change a situation: in 2007 it has made the decision on prohibitive duties for export of raw wood. It was planned that they will be gradually entered: ?10 for cubic metre since July, 1st, 2007, ?15 – since April, 1st of 2008, ?30 – since January of 2009 and, at last, ?50 – since January, 2011. On a plan of developers of the plan it should reduce export of raw wood and in addition motivate processing of wood in the country. However both in 2008, and in 2009 the Russian government special decisions has postponed introduction of prohibitive duties without day.

Innovation main blow should put on export of wood to the Peoples Republic of China as it makes 60 % of all export of wood from the Russian Federation. However the effect has turned out opposite: lesopromyshlenniki, aspiring to reduce to a minimum of loss from the promised high duties, have sharply increased preparation of wood and its export to China. About any development of the woodworking industry speech also did not go, bol it that new duties did not stimulate with that wood preprocessing, at export of such material payments have appeared similar. In general, licences for cutting down stood out forest areas which had quite good money for forestry development. But the resolved volumes of preparation practically always were exceeded, on what local authorities, as a rule, winked.

The State Office of Public Prosecutor of the Russian Federation has revealed numerous infringements at use of objects of real estate in territory of the All-Russia exhibition centre (All-Russia Exhibition Centre). As they say in the message of the State Office of Public Prosecutor, only since 2007 the company operating the centre, has illegally earned on tenancy of monuments of history and culture more than billion roubles.

During public prosecutor’s check of activity of Open Society «the State joint-stock company ‘ the All-Russia Exhibition Centre» has been established that in 1996 the State Property Committee of Russia has transferred the All-Russia Exhibition Centre in gratuitous using 41 object of a cultural heritage of federal value. The All-Russia Exhibition Centre the right to lease real estate also has been given.

According to the law, history and culture monuments can be given in gratuitous using only to the noncommercial organisations. In this connection the federal agency on management of the state property should renew the contract of using of the All-Russia Exhibition Centre objects of a cultural heritage on a paid basis, however it has not been made. As a result of GAO “All-Russia Exhibition Centre” unreasonably receives till now incomes of tenancy of buildings-monuments under trading premises and warehouses.

In the message of the State Office of Public Prosecutor also it is noticed that contracts with tenants consist without registration of security obligations. Besides, the management of the All-Russia Exhibition Centre does not provide safety of objects of a cultural heritage, an invariance of their shape and an interior. Because of it the considerable part of monuments of history and culture is in a shabby or emergency condition.

Following the results of check the State Office of Public Prosecutor has brought in the address of the head of Federal agency on management of the state property representation about elimination of infringements of the law.

In the beginning of 2010 public prosecutors have elicited the numerous facts of illegal tenancy of Rosselhozakademiej of objects of real estate being in the federal property. On the facts of abusings some criminal cases have been raised.

Rent from «the kind proprietor», is familiar to all. Whatever you may say, but before professionalism and thin calculation “the kind proprietor” KR Properties it is possible to take off a hat. Unlike the majority of short-sighted proprietors (even, more precisely, their departments of rent), sitting on a habit on the priest and waiting when in the blue helicopter will arrive the client from brokers of the big three, KR has decided, probably that than …

Today the majority of the builders erecting cottage settlements, the financing organizations have among business partners some. Thus, the mortgage on trust turns out as though. The creditor understands that, giving out money for object not existing yet, he risks. But, as in certain degree trusts the builder (after carrying out of the careful analysis of its activity), it is ready to be reconciled with such state of affairs.

If the borrower buys the house not under the corporate program “builder-bank”, it should spend many forces and time for selection of the credit program with suitable conditions (level of interest rates, the size of an initial payment, attraction possibility sozaemshchikov and preschedule repayment of the credit and etc.). Then it is necessary to find still object of real estate which will suit bank.

In other words, the credit organization spends not only anderrajting (a solvency estimation) the borrower, but also anderrajting object (that is check of liquidity of the house or a site).

Banks show to country real estate as to object of pledge a number of requirements:

· Construction should be a separate building, suitable for residing (an apartment house, the garden house, a summer residence, a cottage and etc.).

· too old houses (at each bank the restrictions on a year of construction) aren’t accepted as a deposit.

· the Object of crediting should have a separate input, an entrance, communications,

· the Object should be in settlement in which territory there are other individual houses, suitable for residing, – in cottage settlement, village, gardening association, country cooperative society and so forth

· the Dwelling should be free from encumbrances by the rights of the third parties, subjects of the state registration.

· the Earth on which there is a dwelling should be issued in the property and have resolved use (special-purpose designation) for gardening, housing or country building. With rare exception the bank can accept a variant when the ground area on which there is a house, is used as rent.

To simplify procedure of search of the suitable credit program and the object of real estate, it is possible to address to the mortgage broker. He/she is the expert who well is guided in the market of housing crediting and will pick up the mortgage product most favourable to the borrower. Probably even that spent for services of the broker money “will beat off” at the expense of saved on the optimum program percent. By the way, recently in the market have appeared also ground brokers. In their problem enter consultation of the client on the most favourable investment of money into the ground areas and the help in the organization of uneasy transactions with allotments.

As a rule, as maintenance under the credit already available real estate acts. At the expense of it the circle of potential buyers is considerably narrowed.

In a situation when the prices for ready apartments grow, on credit to buy apartment even more difficultly: while will pass mortgage registration, the price for apartment can grow or already to buy real estate who has cash.

There are some arguments for purchase of under construction habitation:

· In under construction habitation lower cost of square meter at a building stage in comparison with ready habitation.

· If to put up money in apartment at an initial stage, after end of building the borrower on hands will have more expensive object, that is it is possible to get investment profit (the price of the new constructed apartment increases, a difference in the price — the investment award to the borrower).

· to Live in the new house with modern lay-out is more comfortable, than in houses of old construction.

· Buying apartment in a new building, it is possible not to wait for surprises from the former owners. Plays a role absence of history of apartment, and, hence, absence of the legal encumbrances connected with possible unconscientiousness of the previous owner of apartment which can entail real estate loss.

It is obvious that the most favourable variant — to buy the future square meters when instead of the house there is only a foundation ditch. However not each bank is ready to issue the credit at this stage.

Crediting of under construction habitation traditionally is considered the risky program. At an investment stage banks can’t protect such credits, moreover, before the termination of building at bank in pledge is only right apartment requirements. The apartment is made out as object of real estate only after end of building and the state registration. If the house isn’t constructed, and the borrower has ceased to return for any reason the credit or the builder has gone bankrupt, the bank can’t quickly and realize lost-free the requirement right to the builder. In this connection crediting rates at a building stage on 1,5—2 % surpass rates in mortgage lending on purchase of ready habitation — excess should compensate risk of the creditor. As soon as the borrower makes out apartment in the property, the rate decreases and equated to credit conditions of purchase of ready habitation.

· its status and reputation,

· legal forms of work under contracts,

· realized projects,

· it is desirable, that the object has been finished not less than on 50 %,

· the experience of work of the builder should make not less than three years,

· the quantity of projects successfully realized by the builder should be not less than five,

· presence of a full package of the allowing documentation and the transparent scheme of sales thus is necessary.

Banks very seldom consider possibility of delivery of the credit under object of not accredited builder because it is connected with the big time expenses of employees of bank for understanding of a situation on concrete object and studying of possibility of delivery of the credit.

Accreditation process will occupy not less month, and for this purpose the borrower needs to request of the builder allowing documents on the earth, on building of object and own documents of the company-builder. If the accreditation initiative proceeds from intermediaries, the success is more probable. As a rule, as initiators of accreditation builders or the realtor companies selling them objects act.