PROPERTY APARTMENTS VILLAS FOR SALE MARBELLA PUERTO BANUS BENALMADENA COSTA DEL SOL SPAIN LUXURY NEW DISTRESSED REPOSSESSION
Penthouse
558.900 Euros
Mijas Costa - La Cala de Mijas - Spain












Bedrooms: 3 - 4
Bathrooms: 3
Plot Size:
Built Size: 110 m² - 160 m²
Terraces: 54 m² - 215 m²
Pool: Communal
Ref: TOP1260

Description:

Costa del Sol's hottest new release. Stunning brand new luxury apartments & penthouses, sea/golf views, walking distance to beach & centre of extremely popular La Cala de Mijas beach town.

We proudly present the release of the second phase of brand new luxury apartments / penthouses in whats considered the best New Home investment in the extremely popular beach town of La Cala de Mijas. These luxury new homes have sea / golf views and are walking distance to the popular La Cala de Mijas beach town Boulevard with all its shops, restaurants, bars, beach and public transport etc etc.

THE DEVELOPMENT:
Brand new luxury gated development / resort with beautiful landscaped gardens and swimming pool ares with waterfalls etc. This luxury development also has its own 24 hr security, Gym, Spa, Sauna, Paddle Tennis courts, communal, indoor & outdoor social areas including BBQ area, Playgrounds, Concierge & home management office to handle any rental needs.

THE UNITS AVAILABLE:
2 bed apartments from 230,900
3 bed apartments from 259,500
3 & 4 bed penthouses from 558,900 (some with own plunge pools)

THE INVESTMENT ANGLE:
These units are being offered with off-plan discounts, at around 70k less than they would achieve now if already completed. With only 30% to pay before completion in 2019 its very popular with both investors and holiday home buyers. With the market expected to continue growing at around 5%+ a year for the next few years at least. Investors are expecting that their property will be worth around 100k more by the time they actually pay the final 70% on completion. Which seems very likely working on the prices that are being achieved by other new build developments that we have completing in the same area.

THE LOCATION:
Situated in La Cala Beach Town. La Cala is quickly becoming one of the most sought after areas on the Coast and attracting Celebrity Chefs and Restauranteurs to the area. Along with its original fishing village charm, with Tapas Bars and Restaurants. La Cala is centrally located between Malaga (approximately 25 minutes drive) and Marbella (approximately 15 minutes drive) giving easy access to the entire Coast.

THE PAYMENT TERMS:
6000 euros deposit
30% (minus 6k deposit already paid) on signing the contract (exchange)
70% at signing the title deeds on completion.

All payments are protected by bank guarantees and the 30% on private contract can be broken down into multiple payments if needed.

This is one of the best selling off plan investments in this extremely popular area of central Costa Del Sol, Ideal for luxury holidays or buy to let" investment. The first phase sold very quickly and the same is happening again with the second phase. Construction is already underway with completion due in 2019.

Contact us now so we can show you the site, build and plans, we are sure you will be impressed, then reserve one of the best remaining units.

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The photographs, images and information supplied on the villas, penthouses, apartments, commercial units, land and general properties for sale in Marbella, Puerto Banus, Benalmadena, Benahavis, Mijas, Estepona, Duquesa, Sotogrande, Manilva, Elviria, La Cancelada, Guadalmina, Guadalmansa Playa, Los arqueros, San Pedro, Selwo, El Rosario, Rio Real, Bahia de Marbella, Los Monteros, La Cala, Las Chapas, El Faro, Calahonda, Riviera del Sol, Fuengirola, Malaga, Costa del Sol, Spain are purely offering a basic guideline of the properties for sale and are not legally binding in any way. Although as a professional real estate agent we try and get as accurate information as possible, this information however is supplied by the vendor, seller, new homes developments or banks in the case of repossession property for sale and full documentation is often slow coming from the vendors lawyers until a provisional sale has been agreed. Therefore interested purchasers should always get their own lawyer to check information supplied before entering into a sale or committing deposit. We can recommend independent English speaking professional law firms to handle all your conveyancing needs. We also have a panel of independent financial advisers to assist with both English and Spanish mortgages.

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