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COSTA DEL SOL | VILLAS & APARTMENTS FOR SALE

Holiday Villa Rentals Direct From Owners

or buy your own dream home in the best climate in the World

Spanish Property prices are down by a large percentage, now may be a good time to invest and pick up a Spanish Villa Bargain

Spain is by far the most popular destination for the 800,000 British people who have bought a second home abroad. According to recent research it is estimated that more than 5 million would buy abroad if they had the choice. Forty percent of these would rate Spain as their preferred location.

It is thought that the serious buyers come to view out of the peak holiday periods. The demand is highest in February and March and again in October and November, but of course there is also a steady interest throughout the rest of the year.

Before the credit crunch property prices were rising year on year, now everything has changed and the pound is very weak and property prices have fallen. There are many bargains available but not as many people to take advantage of these great buys. A large number of prices have fallen by 30%

Mortgages are available to purchase your Spanish property and most banks will lend to non residents to buy a second home, or properties to rent out. The amount that you can borrow is usually limited to 80% of the purchase price.

There is now a choice of British Banks and Building Societies together with their subsidiaries on the Costa del Sol who will provide you with a mortgage in euro or pounds sterling. If your purchase is for an investment return most advice is to borrow in the currency in which you earn. Which ever way you decide to finance your Property Purchase, you will enjoy Spain and the Costa del Sol.

Pick up a Bargain

The Spanish Property Market is at present going through a difficult time it is reported. As a result those of you thinking to buy on The Costa del Sol and The Costa Blanca could well pick up a bargain. While new properties are continuing to be built in great numbers the Estate Agents are struggling to move resale properties and are now charging lower commissions to help the situation. It is a buyers market. The Estate Agents are focused on providing a personal service for buyers and sellers at realistic prices with Properties for sale Costa del Sol and Properties for sale Costa Blanca. Most Properties are now changing hands at a discount some by as much as 25% to 30% below the asking price, this together with a favorable exchange rate gives UK buyers an advantage. Although recently the £ Sterling has started to slide and the exchange rate is not as good as it was.

All of this is good news for buyers and although there is still a high demand in The Costa de Sol & The Costa Blanca do not be afraid to negotiate. Serious vendors have to accept offers if they wish to sell quickly. Good properties can be picked up in desirable locations well below the advertised price. A 3 bedroom villa with pool in the Javea area is available for only 265,000 euro at www.lowcostvilla.com

Be Prepared...do your homework

Investigate the market, look at your location options, renting in the area before you buy is always a good idea and the Costa del Sol Web can help you with this. If you want a quick decision from the Vendors make sure that you have your finance in place so that you can prove that you are serious and can move fast.

Before you buy it is a good idea to speak to the President or Aministrator of the community. In Spain many Villas and Apartments are located within Urbanisations which are run as Communities. it is important to know that the Property you are buying has no debts and is in a well run communidad. Ask when the last AGM was held and request a copy of the minutes, This should give you an indication if there are any problems

The Costa del Sol is still one of the most popular Holiday destinations and a most desirable place to live. A lot of people want to be here and this has underpinned many prices especially in unique locations. Be prepared not all vendors will accept a reduction in their selling price. For more information on the Estepona area visit www.esteponaguide.com

The Villa shown above is such a Property which is now a bargain price villa at 1,600,000 euro having been reduced from 2,750,000 euro giving a huge saving. At this price it is bound to sell fast. It has magnificent views (as shown below) one of the best if not the best on the Costa del Sol.

To get accommodation details and if required arrange a viewing eMail :darren@westads.com or phone UK 0844 734 7700

FOR SALE a unique property between Marbella & Estepona

The above six bedroom villa is located in a prime location with a stunning view over a golf course to the sea, as shown opposite with possibly the best view on the Costa del Sol. It has recently been reduced from the original asking price of 2,750,000 euro, now with to the bargain guide price of only 1,600,000 euro offers a great saving. This property must be viewed to appreciate its full potential. there is twice the living space that can be seen from this photograph, in addition to the 2 floors shown there is a large lower floor area which opens out to its own private swimming pool (already partly formed) and an additional 7 bedrooms partially built, sufficient from which to run a business or create separate apartments. There is also a large parking area.                                                For further details. email : darren@westads.com or phone UK 0844 734 7700

ALL the above and more !...

Guide Price only 1,600,000 euro

PROPERTY DETAILS

LOCATION : Between San Pedro de Alcantara and Estepona

DESCRIPTION :

Wonderful bright spacious modern villa enjoying 360º panoramic views over a valley with golf course on the New Golden Mile and reaching all the way to the Mediterranean Sea and Gibraltar.

Under floor gas central heating and radiators, Large fully equipped kitchen, extensive terraces open and covered, large private pool and garden, electric gates, alarm, automatic irrigation system.

Ground floor comprises 4 bedrooms (1 en-suite), bathroom, guest toilet, spacious lounge-dining room with open fireplace, separate TV room, large kitchen with utility room.

A spiral staircase leads to 2 very large en-suite bedrooms and solarium providing beautiful 360º views. The master bathroom has a walk in shower and circular bath set in Rosa Portugal marble.

Most rooms have direct access to open and covered terraces, allowing the choice of sun or shade throughout the day.

A well maintained garden surrounds the pool and driveway leads to the main entrance with lots of parking space.

This property has many additional features and tremendous potential for expansion, which must be seen to be fully appreciated.

Plot area: 2400 m² Built area: 602 m² Terrace area: 364 m² BEDROOMS: 6 BATHROOMS: 4 GUEST TOILET: 1

GUIDE PRICE: 1,600,000 €uro

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