Known for its captivating mountainous scenery and spectacular sunshine, Murcia is one of Spain’s most popular expat locations and a popular spot for those looking at buying a property in Spain. From the baroque buildings oozing with charm to the mouth-watering cuisine dished up at corner cafés across the region, here is our guide to buying a property in Murcia and why the region is the perfect place to find your very own home in the sun.
Buying a holiday home somewhere in the world is a desire of many. You can holiday whenever you want and for as long as you want, which is especially great for retirees hoping to spend half of the year abroad.
Whilst you are away you will feel comfortable, at home, and since your family will only have to pay for flights, it means they can use the money they save on accommodation to come and visit you again and again!
But where do you begin looking? There is no better location for buying a holiday home than Southern Spain.
Buying property in Spain means buying into a country with pleasant temperatures and ample sunshine all year round, so if you want to flee the bleak English winter for six months, you can enjoy averages of 12°C between December and February. You will also have guaranteed hot weather for all of your summer visits.
We are really proud of our new Costa Calida / Mazarron / Camposol video.
It has taken us many months to film and edit. The film shows the various fishing villages in the Bay of Mazarron, including La Azohia, Isla Plana, Puerto do Mazarron and Bolnuevo.
We also have interviews with residents of Camposol.
The link to the film is on the bottom of our home page and simply click on the big red button.
Mercers are featured in this article taken from Yahoo Finance.
Due to a strengthening Pound Sterling, the average property price in Murcia, Spain is now something like 60% cheaper than in 2008.
This is due to the property values having fallen by 50% and a 10% weakening of the Euro. All of this add’s up to a buyers paradise in Spain and in Murcia where there are some excellent bargains to be snapped up.
The following article explains more:
They said it would never happen (and it still might not) but the opening of Corvera Airport is imminent and a major cash boost has been promised for the Paramount theme park in Murcia, South-East Spain.
The long-running linked sagas of Corvera Airport and Paramount theme park in Murcia, Spain, have moved further slow steps towards reaching a happy resolution. Earlier this week Alberto Garre, President of the Region of Murcia said the arrival of the high-speed AVE train and opening of Corvera International Airport “in 2015, if possible, would become reality”. With the theme park meanwhile, the announcement of a €16million EU subsidy had the online forums buzzing. This was later clarified to say it would be paid following construction of the development scheduled to cost the developer, Premursa, in excess of €200 million. The European Commission said in a statement that the area was “entitled to receive regional development loans,” and “We have arrived at the conclusion that the positive contribution of the measure to favour local development would outweigh the competitive situation created by the private company being given state aid.”
Chris Mercer, Director of local estate agent Mercers Ltd, said: “Since Murcia was chosen as the location for the Paramount Park back in 2010, the path to realisation has been chequered. Following a symbolic stone-laying ceremony in 2012, and recent small-scale work on access roads and land clearance, the site has been relatively quiet. The focus has been on planning permission, environmental assessment and, most important, attracting foreign investment. Opening dates have been gradually pushed back from 2015 to 2017. Naysayers have had their doubts but a €200-million-plus project in a country emerging from recession was never going to have it easy. At least now the signs are the most positive we have seen for a long time.” Premursa has also prepared some with impressive websites and promotional videos.
Contractors have been appointed to start work this Summer on building the new Paramount Theme park. This is fantastic news for the region and especially Mazarron & Camposol.
After 5 years of decline it appears as though Spanish property prices might have bottomed out. When the credit crunch hit the Eurozone in 2007, 700,000 homes fell to the Spanish banks. Within the Murcia area in 2007 an average price for a property was EUR 147,000. This decreased annually to EUR 45,000 in 2012, meaning some properties were actually being sold at 70percent lower than their maximum prices as banks were pressured by the European Central Bank to rebalance their books and clear away under-performing property resources. But, it appears as if average prices in 2013 are going to go up to EUR 55,000, indicating that the market may have bottomed out.
January 22, 2014 in Europe, Featured News, Government and regulatory, Lifestyle & Leisure Properties, Market Trends, New Developments, News, News By Region, News By Topic, Politics, World News Leave a comment
Experienced agent in Murcia says sales rose 60% in 2013, and construction of a long-promised theme park brings big hopes for future
Estate agents in Murcia, Spain, are preparing for a busy time ahead after it was confirmed that the opening of the much awaited Paramount Theme Park in the region is set for the second half of 2015. Premursa, the promoter behind the park and lifestyle centre, announced that it has awarded construction contracts to the value of €72 million so that work can start on the first phase of construction.