Green light for shopping centre makes townhouses prime real estate

The townhouse development of ‘Hoyo 14’ set within one of Costa de la Luz’s most attractive golf courses – Nuevo Portil – has been elevated to prime real estate thanks to confirmation of a build license for a substantial commercial facility. With only 33 of the 185 properties remaining for sale and no further phases planned for at least four years, demand is set to outstrip supply – a fine investment principle.

Adjacent to the main Huelva coastal road and overlooking no less than 21km of fine sandy beaches, Nuevo Portil’s commercial centre will encompass 4,060m² of retailing excellence with an Eroski hypermarket as the anchor tenant. Creating over 50 jobs in the service industry, Nuevo Portil’s 28-store project will also have a café and children’s play area to serve as a hub for the local community. Arranged over two floors, the facility will have 280 parking spaces – many of them underground in order to preserve the area’s natural beauty – and sit in extensively landscaped grounds. As build licenses are all in place, construction has now started with a grand opening anticipated in time for summer season 2010.

Andrew Benitz, Director of locally-based real estate specialists Titan Properties, comments, “The Hoyo 14 townhouses have consistently been a best-seller and this latest announcement will heighten interest in the remaining three bedroom units. The developer has put a four-year brake on a subsequent phase so this is truly the last opportunity to benefit from a solid investment opportunity where values will undoubtedly hold strong.”

Set in an idyllic location interspersed with natural pine forests and within walking distance of untainted beaches, Nuevo Portil has an 18-hole golf course and a popular colonial style four-star spa, the Hotel AC Portil. The Hoyo 14 townhouses arranged over three floors benefit from a small private garden, two communal swimming pools, three tennis/paddle courts, underground parking and storage facilities. Prices start from only 220,000 euros exclusively through Titan Properties.

In addition to the Hoyo 14 townhouses, ‘Hoyo 19’ apartments within 100 metres of the beach and golf-front villas are also available within Nuevo Portil priced from 185,000 euros and 500,000 euros respectively.

For further clarification and to take advantage of this limited offer, visit titan-properties.com