Full Description

DEVELOPMENT

We are looking for investors to participate in the development of this project with the possibility of 2 further sites of approx 1,900 and 3,000 units in the near future. The developer is presently in the process of building a site of 617 detached properties of which approx two thirds are sold and under contract, these other properties are not on a golf course but are within 15 mins drive of the next project we are featuring “El Romeral International Golf Resort”. This gives us an excellent start as we will sell off plan using the villas built on the first site to sell the second site. This will also show the quality and care the developer takes in not just the build quality of the villas but the infrastructure, surroundings and amenities. The developers team of experts consist of in-house solicitors in their offices in Murcia, Spain together with UK solicitors based in Manchester. This combination is good for Spanish and UK buyers as confidence is paramount.

THE MARKET

• Spain is the number one country for UK buyers
• Murcia is one of the best regions for growth.
• The Spanish economy is one of the fastest growing in the European Union
• Spain has a very stable political system and the Spanish created the greatest number of jobs in Europe (2006).
• The combination of a strong economy, jobs and stable political position both shows and predicts stability within the economy. This must be one of the primary indicators to consider when investing in a foreign country.
• Low cost air travel with a little over 2 hours flight from many North European airports make short breaks feasible at anytime
• Scheduled for 2010 Corvera airport (40 mins away) will bring buyers from all over the world - opening up new markets
• Guaranteed sunshine and the Mediterranean life- style appeals to a wide sector of buyers
• Emerging markets around the world have in recent years taken buyers away from Spain but this trend is now reversing and buyers (nearly 1 million UK citizens already own Spanish property) are backing Spain as their favourite place to be. Opinion polls say 3 million want to join them
• Price is now the most important component of selling in the present market. Price has to be accompanied by the right location and any development that is going to sell must have appealing well designed models, the right facilities and the right payment structure for buyers. We have through our own knowledge and research made sure that all these important points come together at “El Romeral”. Polaris World have addressed the pricing aspect, you just have to look at their new UK TV campaign.
• Prices from low £80’s on a golf course and with a golf share combined with good rental and capital returns will guarantee high sales on this site.
• In a recent survey golf actually came second as the most popular activity to do, street markets came first. Golf is of course incredibly popular and there are many courses on the coast. Where our site is situated there are approx 5 courses planned within a 20 kms radius, making this site “slot in” to what will be a new golfing area close to the city of Murcia and the affluent towns of Hellin and Cieza.

THE SECURITY

The plot of 2.6 million m2 has been agreed at 25 million euros.

The value with the planning permission is estimated at 90 million euros. The permission and professional valuation with an English translation is readily available.

THE RETURN

Interest of 25% pa will be paid after 4 years giving a fixed 100% return on your investment.

DUE DILLEGENCE

Interested parties will be invited to Spain to meet Directors, archtitects, lawyers and view the location.