Spain's best kept golfing secret

Spain has been in and out of the headlines in recent months with many perceiving that it is falling short as an investment hotspot. However there are still some great investments to be found if you know where to look and Alto de Montecastillo in Jerez is one such gem, particularly for those wanting a taste of the real Spain away from the Costa’s.

Anthony Fernandes, Director of SPC Overseas says, “As a long term favourite to the British holidaymaker, Spain has perhaps been unfairly treated in recent months. Having been catapulted to the cover of all property supplements as a bad investment, Spain will have to prove that it is still a viable option for investment. As a mainstay investment area in Europe for over 30 years I see it as extremely unlikely that it will fall from grace, if anything I think Eastern European markets have actually benefited Spain, as people are starting to understand the importance of infrastructures which Spain is surely in pole position, with many new markets lagging a long way behind. Like all overseas investment areas, countries will from time to time make the headlines for all the wrong reasons. However, Spain has regularly achieved superb capital appreciation on a yearly basis and whilst the Costa’s are currently experiencing a temporary slow down, which is all it is, there are still great investment areas and it is my opinion that these ‘new’ regions will carry Spain through this difficult time and if anything broaden the typical British investors minds.”

Altos de Monticastillo is located at Jerez de la Frontera. Ideally positioned, being right next door to the Jerez grand Prix Circuit, home of Spain’s Formula 1, just 10 minutes from Jerez city and Airport and only 15 minutes away from the fabulous beaches on the Costa de la Luz, this five star resort has a lot to offer.

Altos de Montecastillo is set in 160 hectares and as a Jack Nicklaus signature golf course was the home of the Volvo Masters for 5 years. Recently if was bought by the Barceló Group who are currently overseeing a 14 million Euro refurbishment as it paves the way to becoming the most exclusive resort development in this region. This exclusive enclave will bring to the market a selection of one and two bedroom apartments and deluxe penthouse apartments. Quality is key to this development and marble flooring, air conditioning, large terraces and fully fitted kitchens with the very best electrical appliances are order of the day.

Altos de Montecastillo will offer superb facilities including; five star hotel resort facilities, club house, spa, health club, tennis football pitches, swimming pools, shops, restaurants, bars, children’s play area and large landscaped gardens.

Due for completion in 2009 prices start from just £147,756 for a one bedroom apartment with a 5% guaranteed rental income in place for 10 years.

SPC Overseas are experts in the Spanish property market who offer investors and holiday home buyers alike, an extraordinary personal service in locating the property that will best suit their personal needs.

For further information, visit spc-overseas.com.