Property Investments in Murcia

 

by Alex Sash
Property investments in Spain

It’s not just the low mortgage rates (the second lowest in the EU) and the favourable terms offered by the banks that make Spain such an attractive country to invest in. Who can compete with Spain for its combination of accessibility, climate, beautiful scenery, sport, lifestyle and culture? As Europe becomes more prosperous, more and more northerners are looking south for a retreat of their own or even a permanent home. So there is no sign of demand slowing up. Environmental considerations may slow the pace of development in the most desirable spots along the coast, but that will only serve to boost the re-sale value of existing property.

Lifestyle and property investment in Murcia

Murcia’s charms are endless, from its spotless beaches and fishing villages to its leisure facilities, rich cultural heritage, national parks and unspoilt countryside. From an investor’s perspective one of its chief attractions is the fact that property prices are still well below those of the rest of Spain. In the opinion of experts that is likely to change — and fairly rapidly. Prices and rental incomes have been rising faster than the national average, with buyers from outside Spain accounting for some 25% of total demand for property.

The region is currently served by flights to Alicante and San Javier. And a growing realisation of all that Murcia has to offer will be boosted by the opening of a third international airport at Corvera in 2009, bringing an expected 1.5 million passengers in the first year.

Investing in property at La Manga Beach Club

La Manga Beach Club development is ideally placed at the southern end of the long spit of land that runs between the Mediterranean proper and the sheltered lagoon, the Mar Menor. It has its own beach and is close to La Manga Club, well-known to visiting Brits for its golf and tennis. Our own facilities include pools, spa complex, gym and café. One to three-bedroom luxury apartments, with views over the Mar Menor, start from just 155,000 euros with very favourable payment terms.

For more information on property investments in Murcia and apartments to buy in La Manga, Costa del Sol, please visit www.lamangabeachclub.com.

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