Obtaining a home in the sun is a dream of many. The Camposol development on the Costa Calida inside southern Spain is a really affordable situation of making that a authenticity. Camposol property has a lot to offer, with something for everybody, be it a low maintenance holiday accommodation or a villa with a pool for long-lasting residence.
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
Once the Hamiltons purchased their unique holiday home in Camposol Golf on the Costa Cálida six years ago, they had no aspirations for gathering a property portfolio. Nonetheless, combining Barry’s impending retirement and reports of a Paramount-branded Theme Park inspired them to benefit from the current buyers’ market and acquire one additional property in Camposol Golf.
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.
Having started out in and around Spain’s Alicante back in 1983, Chris Mercer, Founder of estate agent Mercers, this autumn celebrates 30 years in the Spanish property industry – selling over a thousand homes in the process. Chris Mercer believes that he has sold a couple of thousand homes in the area over the past 20 years Murcia, Spain (PRWEB UK) 17 September 2013
JANE SLADE assesses the property market in Spain and discovers it is not all doom and gloom but you do have to watch where you buy The Hondon valley, a hilly, rural enclave of villages and farms 40 miles inland from Alicante has been a peaceful idyll for many Brits who came seeking a place in sunny Spain away from the searing heat and concreted Costas. But since the recession many hit by the poor Euro exchange rate have been forced to sell their villas at rock bottom prices or hand the keys back to the bank.
Back in January, Murcia-based estate agent Mercers boldly declared a estimated twenty five per cent boost in house sales for 2013 over 2012. With quarter 1 indicating just that, up twenty five per cent for the first 3 months of 2013 when compared with 2012, the prediction is on track to becoming reality.
Chris Mercer, Director of Mercers, says, “I can’t pinpoint exactly why our sales are up so much, but impetus is certainly beginning to build. It can’t be caused by an end-of-year dash before VAT on new builds went up from 4% to 10% on 1 January, as all of our sales have been resales. Additionally, enquiries haven’t increased at the same level but those we have tend to be serious, have the funds on hand and are intelligent enough to understand that the window of opportunity on a serious Spanish property discount isn’t going to be open forever. Lastly, compare Q1 2013 with Q1 2011, and Mercers’ business is up close to 65%, quite some margin. Needless to say we’re revelling in the positivity.”
2013 seems set to become a great year for Spanish property. Most recent reports summarising property sales and rental stats from government and independent sources, indicate that the second half of 2012 observed a rise in worldwide customers aiming to snap up value for money property stock. And there’s several reasons why now’s a good time.
As the international property world prepares itself for a new year in 2013, Spain is wanting interest from new international markets and renewed keenness from normal buyer locations is likely to make for a positive year, pushing on from a good end to 2012.
Agents, developers and property consultants feel interest in each of the top and lower ends of the sector is up, with cash buyers in an specifically strong place, while international buyers and those from outside the EU may find proposed new legislation to grant residency to everyone investing in a property for more than €160,000 especially appealing.
The foundation stone laying ceremony for the new Paramount Theme Park in Murcia, Spain, heralds the start of a construction process that is expected to result in a boost for real state in the area. Attended by project officials, local authorities and dignitaries, the formality kick started the countdown to the Park’s official opening in 2015. ‘The cynics have been out in force on this project highlighting the global recession and Spanish housing market problems as reasons why the Theme Park would never happen, but so far they’ve been proved wrong,’ said Chris Mercer, director of real estate agent Mercers which is at Camposol, ten minutes from the Paramount site.