Olme View, Guardamar, Spain

Olme View summary

A key in hand properties with large discounts off current valuations.

• Large discounts from current bank valulations
• Pre-approved mortgages in place
• Located near 4 18-hole golf courses
• 5 minutes from beautiful sandy beaches
• Hugh holiday and long term rental potential
• Rental agents in place

Total investment property package

Entrance strategy for investors

• Large discount from current bank valuation
• 100% pre-approved funding in place
• Full financial and Legal assistance in place
• Key in hand properties
• White goods included

Management strategy on completion

• Furnishings available at discounted prices
• Choice of letting agents with strong local track records
• Re financing assistance available if required
• Huge Rental potential—cash flow positive property

Exit strategy to realise and maximise your profit

• Large discounts in place giving instant equity
• Properties currently valued at over 25% of value 24 months ago
• High capital growth over the next 3 to 4 years
• Projected 50% growth on purchase price by end of 2011

The property

There are several different properties to choose from

• One Bedroom Apartment
• Two Bedroom Apartment
• Three Bedroom Apartment

The apartments are all finished to an excellent standard with fitted kitchen and bathrooms as standard. Every property has pine doors and high quality tiled floors throughout and are pre-equipped with television aerials for convenience.

Each property is slightly different but typically 1 bedroom properties offer one bathroom 2 bedroom properties offer a choice of 1 or 2 bathrooms and the 3 bedroom property offers two bathrooms. All properties come complete with white goods.

The development

Olme View is a high quality apartment complex situated in the town of San Fulgencio close to the up-market coastal resort of Guardamar.

Guardamar offers a rural relaxed environment where international expats mingle and live side by side with local Spanish residents, a truly integrated community San Fulgencio provides an opportunity to enjoy a traditional Spanish lifestyle with the confidence of knowing that the local shops and bars are likely to be able to communicate a little in your language.

Popular with holiday-makers who want an unspoilt base for their holiday but within a short drive of the wonderful beaches of Guardamar and the golf courses of La Finca, Los Rambles, Villamartin and Campoamor, Guardamar has huge appeal to both short term and longer term visitors.

Guardamar has been and remains one of the nicest and best kept coastal towns on the Costa Blanca, its high property prices has ensured its exclusivity and as a result of the huge investment with the Americas cup based there several years ago the local infrastructure is first class, the local marina is wonderful to visit as are the bars and restaurants that offer great local and international cuisine.

The region

Alicante and Costa Blanca the region

The region of Alicante is bounded by the Mediterranean to the south and impressive mountains to the north, and is not only known for it’s beautiful beaches, but also for its authentic and unspoiled Spanish feel. It is precisely these natural charms and contrasts that makes the autonomous community of Alicante stand out from other regions.

The mild climate, very little rainfall and an average of 320 days of sunshine a year, the Alicante and Costa Blanca is one of the world’s healthiest places to live. The summer months are warm and the winters are mild. The province of Alicante is irrigated by many rivers which makes ideal conditions for the many orchards of citrus fruit. In contrast the region also has expanses of dry, arid land where olives and vines thrive within one of the most important wine-producing regions of Spain. The year-round weather, availability of water and popularity of the many golf courses that have sprung up around the region; have made Alicante and the Costa Blanca one of the most popular tourist destinations in Spain.

Guardamar (From Tourist Information)

A perfect harmony of historical and festive attractions co-exist, alongside an offering of sun and beach in Guardamar. A beautiful landscape of sand dunes contributes to making it a desirable tourist destination. The town is situated in an area that has yielded the remains of Phoenician and Iberian settlements. The river Segura divides the territory into two zones. The municipality had to be completely rebuilt from nothing, after being destroyed by an earthquake. Today it presents a dozen kilometres of beaches covered with sand dunes and fringed by pine, eucalyptus and palm trees. The “Marina de las Dunas”, a modern sporting marina with nearly 500 mooring points, is home to the nautical sports on offer in this calm tourist locality, with activities like sailing courses and scuba diving. The Las Rabosas sports complex is equipped with an athletics track, two grass fields and one sand pitch on which to practise football, rugby, etc.

Investor data

Rental appeal

• Despite the economic downturn northern European visitors still consider Spain to be the number 1 holiday destination
• With proper marketing and management a positive cash flow position can be achieved from holiday home rentals
• Qualified professional management in place to maximise the popularity of the Guardamar area
• Central location close to: Restaurants & Bars, Golf & Spa, Sea & Beaches to ensure maximum appeal
• Internationally renowned tourist destination with established golf break market

Capital growth and ROI

• 100% Bank funding pre-approved mortgages in place (subject to status)
• Available at 30% below current bank valuation
• Prices 25% lower than 2 years ago
• Popular area with local & international appeal
• Quality development
• Well appointed spacious apartment

Purchasing terms

• £1000.00 payable on reservation
• Strict 21 days reservation to completion