Opis:

NEWEST PHASE NOW AVAILABLE - brand new apartments and penthouses of 2 and 3 bedrooms in a gated community with private swimming pool and gardens, in the best residential area of Marbella (Elviria Alta - La Mairena). This is a peaceful area with a natural environment surrounded by a protected oak forest. Renewed interior design and luxury specifications, including the best insulation walls and windows on the market, solar panels, air conditioning, lifts and fitted kitchens. Community fees includes unlimited use of the El Soto Golf (pitch and putt, tennis courts, paddle courts, gym, Jacuzzi, etc.). The new specifications includ new kitchen design, wengue wood doors, floating and sliding aluminium doors, cream marble floors and top of the range bathroom tiles. Hand-over in December 2016, construction started in June 2015. Easy payment terms and all deposits bank guaranteed.


The project is adapted to the new requirements of the Technical Code of Building with improvements in: Improved noise and thermal insulation of the properties, use of solar panels for warm water... It includes lifts and swimming pools in every level of the land for easy access of elder as well as disabled people.


AMENITIES: La Mairena has several international schools, shopping centre, supermarkets, bars and restaurants near the Elviria exit on the N-340 coastal road.

GOLF: The area also has a large and varied range of golf courses within a ten minute drive, including three tours of the largest golf resort in Europe, La Cala Golf Resort and Santa Maria Golf, with a magnificent round of 18 holes, a bowling club and tennis courts. La Floresta is part of El Soto Golf Club, where the owners of it have free access to play the 9 hole par 3 course, use the gym, sauna and Turkish bath, in addition to its restaurant and paddle tennis courts. The Clubhouse is the meeting place of La Mairena

BEACH: The best beaches of Marbella: Elviria, Cabopino, Bahia de Marbella are the natural outlet to the sea of residents in La Mairena. The warm waters and fine sand make it one of the best on the Costa del Sol, next to the exclusive Hotel Don Carlos and a great variety restaurants and bars like the famous beach club Niky Beach.

SPANISH MARKET SUMMERY:

MARBELLA: With the political crisis Marbella suffered, planning permissions were frozen and practically no new licences have been granted in the last three years. Consequently and given that the area of Gran Marbella is largely demanded by the foreign market, the stock of 2 and 3 bedroom units between 200.000 and 300.000 € has been quickly absorbed by the market and currently the offer is very limited.

For example at the Los Arqueros Golf Course - Benahavis area, the largest home builder in UK, has sold over 40 units in the last year (2009), with low competition at higher prices. Apart from Taylor Wimpey´s developments only the following promotions were available last October in this area:

Gazules del Sol (10 units in stock): 2 Bed from 206.000€ to 277.000€, 3 Bed from 244.000€ to 293.000€


Cumbre de los Almendros (13 units in stock): 2 Bed from 225.000€ to 293.000€.


In the second area at the Costa del Sol in which this home builder operates (Marbella - Elviria), the competition is also scarce and is limited to Ayco´s development with 28 units for sale with prices starting at 340.000 €. The lack of available product in the area coupled with the competitive prices offered by this developer has lead to him having completely sold the first phase (55 units) of a development at La Mairena.

REST OF COSTA DEL SOL: As it has not been possible to build in Marbella the largest real estate developments carried out in the last years are located above the motorway from Malaga capital, in the areas of Benalmadena, Mijas and Fuengirola, and on the south of the Costa del Sol: Estepona, Manilva and Casares. These two areas do have a large amount of stock for sale, many of them in very massed, compact and boring developments.

We consider that after 2 years of significant discounts, the effort in reducing prices has been completed and that the Spanish Developers hardly have any margin to continue dropping prices this year. According to the Housing Ministry, approximately 200.000 new built units have been sold in Spain in 2009, figure that in spite of the crisis clearly exceeds the number of sales of any other country in our scene. As we always say: the best units are being sold now and whoever waits will have to settle for the worst units in the development and not necessarily at a lower price than todays.