PROPERTY APARTMENTS VILLAS FOR SALE MARBELLA PUERTO BANUS BENALMADENA COSTA DEL SOL SPAIN LUXURY NEW DISTRESSED REPOSSESSION

Newsletters

15/02/2005
Latest overseas property investments - February 2005:


 Latest overseas property investments - February 2005:
 
 

We are constantly searching for the best overseas developments with that Special something, i.e. close to golf courses, marinas or just great value. 

 

In the past five years Spanish property prices have increased on average by 20% per annum and predictions show that although slowing, a good purchase should still increase by 15% per annum (unlike the static UK Property Market).  Meaning, a property secured now at planning stage, that completes in two years, should be worth 30 % more by the time you own it.

 

In Spain, Off Plan Investment is now even safer, as the government has recently forced large developers to possess bank guarantees on all purchasers funds.  This means banks have to ensure the return of money, if the developer fails to complete the project.

 

 

We are official Agents to Polaris World, which is a very exciting collection of Golf resorts surrounding the Murcia/Mar menor region of Costa Calida, next to La Manga.  

 

A large professional sports village, is being built in the centre of Polaris World for international athletes to train all year round in the sun.  Surrounding the sports village, will be 5 professional Golf resorts, each with its own new village centre and amenities.  There are also plans to build a new international airport in the area and all resorts are a quick drive to the beach. 

 

We are really impressed with the scale and quality of this venture and the potential growth for investors is fantastic.  As you can imagine the last resort released sold out in weeks.  However, we have reserved a selection of the best properties, to offer you, as detailed below:

 

 

La Torre Golf Resort:

9 x   Two bed apartments ground floor to penthouse.....from 167,561 euros.

4 x   Two bed penthouses (front line golf, south facing) from 243.379 euros.

5 x   Two bed townhouses........................................from 209,480 euros.

3 x   Two bed, two bath, Villas .................................from 252,932 euros.

4 x   Three bed, two bath, villas ...............................from 313,547 euros.

 

Mar Menor golf Resort 2:

3 x   Two bed townhouses (front line golf, south facing) from 268,275 euros.

4 x   Two bed, two bath, villas .................................from 273,840 euros. 

 

Hacienda Riquelme golf Resort:

4 x   Two bed apartments (front line golf, south facing) from 182,001 euros.

 

El valle golf resort:

Apartments & townhouses in this resort ............from approx 200,000 euros.

Fantastic luxury Three bed villas, with own pools..........from 500,000 euros.

Fantastic luxury Five bed, Five bath Villas (pool).........from 1,500,000 euros.

  

 

These Properties are selling unbelievably quickly, to both investors and second home owners.  The Mar Menor golf resort 1, is almost completed and clients are moving in.  All the resorts above, however, are due for completion in approx two years.  This is great for investors who wish to secure todays prices with only 25% on exchange and a further payment of 15% in the next 9 months, with nothing else to pay until completion.  We can also arrange investors contracts for those who wish to sell their property before the completion, in two years.

 

In short, If you are an investor who doesnt want to pass up a great opportunity, please do not hesitate to contact us.

 

 

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