Pueblo los Monteros – a safe Spanish investment

Comprising two distinctly styled ‘villages’, a Pueblo Mediterraneo in terracotta tones and a Pueblo Andaluz in traditional whitewash, Pueblo los Monteros is a multi-faceted resort set in a privileged location overlooking the southern Spanish hotspot of Marbella. Commanding panoramic views of the Mediterranean and across to Gibraltar and Africa, this community is a refuge from the bustle of the coast yet just minutes from the action.

Pueblo los Monteros has an array of leisure and pleasure facilities on site. There is a Clubhouse with buffet bar and games room, a 3,500m² commercial area, 160-room four-star hotel, a Spa with sauna, Jacuzzi, Turkish bath and massage rooms, heated indoor pool, gymnasium with fitness equipment and aerobics studio and three tennis and three paddle tennis courts. Several spacious freeform outdoor swimming pools serve each cluster of apartments.

Whilst the Pueblo Mediterraneo is yet to be released, phase one of the Pueblo Andaluz with 89 apartments is currently available for purchase and full of Andalusian charm. Characterized by arches and fountains, patios filled with bright potted blooms and washed with the scent of jasmine blossom, Pueblo Andaluz offers one, two, three and four bedroom apartments distributed on one, two or three floors, all with spacious terraces and some with private gardens up to 100m² in area. Telephone, satellite TV, alarm and wireless broadband come as standard as does pre-installation of home cinema in the living areas.

Pueblo los Monteros offers buyers the utmost security, backed by the third largest savings bank in Spain and the resort features in the 1986 Marbella General Plan (PGOU), the only plan currently in force approved by the Andalucian Regional Government (Junta).

Completion at Pueblo Andaluz is scheduled for December 2009 and prices start from just 270,000 euros for a one bedroom apartment to include underground parking and full access to the resort’s leisure facilities. Payment terms are 6,000 euros deposit, 15% on signing of private purchase contract and then the balance on completion in the fourth quarter of 2009.

For more information, visit duchyestates.co.uk.