Off-Plan Investments First Page | Second Page | Third Page
Current Off-Plan Investing outlook
The Costa del Sol speculative buying spree of off-plan properties is now levelling off as 'get rich quick' investors have moved on to cheaper, less developed and more risky locales such as Bulgaria, Croatia and Turkey. Marbella and its environs now abound with comfortable, well-built villas and luxurious apartments in exclusive residential areas, while the level of services, from restaurants, shops and nightlife to medical, professional and educational options continue to grow and mature, all helping to make this part of Spain the number one choice for smart investors and lifestyle buyers alike.
A close second choice in Spain is now the Costa Calida, specifically, the Mar Menor region near Murcia, long known for the famous La Manga Club Resort, but now boasting some of the most exciting and ambitious off-plan projects on the continent. New infrastructure, such as the Corvera International Airport opening in 2007 and new motorway connections are raising lots of eyebrows throughout Europe and the world.
Most investors know that with just a little 'inside knowledge'; it's still possible to produce well above average returns, with no risk to their equity on the Costa del Sol, Costa de Almeria and Costa Calida.
Essential Estates specializes in identifying and qualifying the very best developments which are ideally positioned to benefit from the Off-Plan model. We only seek developments that offer sea or mountain views or are golf course fronting in order to maximize the potential property values. Essential Estates and our suggested legal firms insist on full bank guarantees from the developers to protect your equity.
Your property rises in value as a result of being initially purchased below its true market value in the early stages of the development's life cycle. During construction, the developer raises the price of the properties to reflect their true market value. This process is explained in detail in the following pages.
We also provide a clear breakdown of additional costs to consider, as well as a brief overview of why investing in the Costa del Sol and other areas of Spain makes excellent sense and how we help serious investors find the most promising development projects.
After you've finished reading about Off-Plan investments we encourage you to browse the rest of our website for more in depth information about the southern Spain lifestyle - you may end up moving into one of your investments!
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Why investing in southern Spain makes excellent sense:
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Unique micro climate with over 300 days of sunshine each year
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Potential long term rental returns from golfers and holidaymakers
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Relaxed, Mediterranean lifestyle
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Easy accessibility to anywhere in the world through Malaga, Almeria, Murcia or Alicante Airports
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Lower cost of living than Northern Europe or southern France
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Property prices still good value compared to the UK and Ireland
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Steadily rising annual property values all along the Costas
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New restrictions on building density
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Ten year building guarantees
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Legal protection for money invested
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Legals, mortgages, currency exchange streamlined & non-resident friendly
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Constant improvements to infrastructure (Airports, golf courses, amenities, roads, etc)
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Blue Flag beaches - 13 on the Costa del Sol
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Sophisticated shopping, nightlife, and international restaurants
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Over 35 world class golf courses in the Costa del Sol area with skiing in the Sierra Nevada only 2 hours away. Over 8 championship courses now in development on the Costa Calida.
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A recent survey from the UK's office of national Statistics has shown that Spain is now the number one holiday destination for British tourists - over 12.5 million British tourists visited Spain in 2003. This only reaffirms the trend towards a continuing strong investment property market
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Classic Andalusia Spanish white villages within a 10 minute drive of Marbella with the majestic Andalusia cities of Cordoba, Grenada, and Seville all within a two hour drive.
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