Bargain beachfront property is possible on Spanish costas

Beachside Spanish property has always commanded a premium due to its desirability and finite supply. Even in today’s recession hit times, you still can expect to pay in excess of a million euros for a prime beachfront apartment in Marbella. In Murcia things are different. 99,000 euros will buy you a two bed within five minutes’ walk of Blue Flag bliss.

Chris Mercer, Founder of Mazarron-based estate agent Mercers, explains, “The Ministry of Tourism revealed that 83% of foreign visitors came to Spain in 2010 for a ‘sun and beach’ holiday and for holiday home hunters the beach is often the focus of their search. How close is it, how busy is it, how clean is it? In the Bay of Mazarron alone we have three Blue Flag beaches - an acknowledgment of water quality, safety, services and environmental management - and the sands stretch for a total of 35km. Throw in a modern 210-berth pleasure marina inaugurated in 2009 and plenty of waterfront restaurants and shops and it really is a desirable location; all the more incredible that we can offer apartments for less than 100,000 euros or 87,000 pounds.”

Undoubtedly the current economic climate has helped to nudge prices downwards, even in these coveted beachfront locations. Leaving Spain’s less than reliable ‘official’ price indexes to one side, Mercers themselves can cite some interesting discounted prices.

Chris finishes, “We’re currently marketing a two bedroom two bathroom apartment in a central location in Puerto de Mazarron. The home is fully furnished, has allocated underground parking, a communal swimming pool and is within ten minutes’ walk of bars, restaurants and beaches. In 2008 this property would have sold for around 150,000 euros. Today we’ve got it for sale at 99,500 euros or 86,600 pounds, that’s a 34% discount in three years. A bargain in anyone’s book. As an added bonus, these properties fetch a premium on the rental market due to their beachside location.”

Best Bargain Beach Life in Murcia:
Ref PDM23 - Puerto de Mazarron, Murcia
A spacious two bedroom one bathroom apartment of 60m² in a central location in the stylish marina resort of Puerto de Mazarron. Just ten minutes walk from bars, restaurants and Mazarron’s Blue Flag beaches which span 35km along the Bay of Mazarron. The property is delivered fully furnished to include a fitted kitchen and the balcony offers attractive mountain views. Additional benefits include allocated underground parking and a communal swimming pool.
Price: 99,500 euros (approx 86,600 GBP)

Ref ALAM03 - El Alamillo, Murcia
A bright and spacious two bedroom one bathroom apartment with stunning sea views and use of a substantial communal swimming pool. Delivered partly furnished, the property is set in a quiet location close to the beaches of Mazarron – just five minutes’ walk away. The apartment has an outside parking space and is within easy reach of Puerto de Mazarron’s bars, shops and popular restaurants lining the seafront.
Price: 115,000 euros (approx 100,000 GBP)

For more information, visit spanishproperty.co.uk.