A breakthrough year for Murcia real estate
The southern Spanish region of Murcia has enjoyed a landmark year and almost singlehandedly carried the torch for positivity in Spain in 2011. A trio of key progressions - the Paramount-branded Theme Park, a new international airport at Corvera and the imminent AVE train network extension – have kept the Region in the headlines and local estate agent Mercers in a selling groove.
Chris Mercer, Director of Mazarron-based Mercers, comments, “We are bucking the general Spanish trend here in Murcia as not only are we selling plenty of houses but we’re also generating many positive headlines. As these three huge changes in infrastructure progress, our property sales will only get stronger as a wider global audience comes to hear of the grand plans – none grander than the Paramount-branded Theme Park that has now revealed its masterplan and been awarded an all-important official licence to commence.”
Predicted to be operational in 2015 and profitable by 2018, the Paramount-branded Theme Park had been eyed with scepticism until tangible plans were unfurled throughout 2011. Park officials at last month’s Arab-Spanish Investment Forum said that although the total funding required ran to 1,093 million euros, just 40 million euros would be enough to get the diggers in to commence groundwork in March 2012. Interested parties are said to come from consortiums in both America and China who find the Theme Park / Lifestyle Centre mix appealing and more sustainable than just a straightforward Theme Park. The economic impact of the project could make up 2% of the Region’s GDP in forthcoming years.
An undoubted sweetener for the Paramount brand was the serious construction effort underway to bring the new international airport at Corvera to a swift conclusion. AENA has now been formally announced as the Airport’s managing operator and practice flights are expected to take place before the close of 2011, a number of scheduled services to start in spring 2012 and the Airport fully operational by late summer. The facility has an initial capacity for three million passengers a year, including many who currently use Alicante’s Airport. Nearby San Javier Airport will return to military use only so as not to compete with Corvera.
Spring 2012 is also mooted as the date that construction work will commence on the AVE rail link. In October, the European Commission Vice President indicated that the “Mediterranean Corridor” linking the French border to Algeciras in southern Spain was a priority and would receive financial backing from the EU. The Regional Government has requested that the AVE stops at Corvera Airport, making it the first airport in Spain to be crossed by a high-speed rail link and the third, after Barcelona and Madrid, to have a rail link at all. They also hope that the rail link will connect the Airport directly to the Paramount-branded Theme Park to their mutual benefit.
Chris Mercer concludes, “All of this exciting large-scale development is creating huge momentum for the private purchase of holiday homes – especially within Camposol Golf Resort which is ten minutes’ drive from the Theme Park. Murcia will be viewed as a secure investment, particularly for rental income with the considerable job creation in the area. Paramount alone is said to require 22,600 construction workers, great news for the Region and of course this influx of workers will require accommodation, so our investment clients are looking forward to a profitable near future unlike most other areas in Spain.”
Ref NEA142 – Neptuno-Style Villa Camposol Golf, Mazarron, Costa Cálida
An immaculately presented three bedroom two bathroom Neptuno-style 123m² villa set on a spacious and private 610m² corner plot. On the ground floor the lounge has a fireplace with log burner, a separate dining room and fully fitted kitchen with white goods. Two bedrooms can also be found on this level with a separate full family bathroom. Upstairs there is a large extended en suite bedroom with French doors leading onto a rooftop solarium with incredible views over Camposol Golf and the mountains beyond. Outside the conservatory looks out to the swimming pool and steps lead down to the manicured gardens with a shed and beautiful ambient night lighting. Open and covered seating surrounds a 10m by 4m swimming pool with outside shower. A bonus with this villa is the underbuild with separate side door access which hosts another lounge and a games room. The space could also be used for extra bedrooms for guests. The villa comes fully furnished, has built in blinds, fly screens and security grills on every window, central heating and radiators in every room, broadband, satellite TV, ceiling fans and air conditioning in the three bedrooms. Camposol Golf has an 18-hole golf course, four star Spa hotel and plenty of shops, restaurants and bars on site. The blue flag beaches and marina of Mazarron are within a 15 minute drive.
Price 229,000 euros (approx 197,100 GBP).
For further information, visit spanishproperty.co.uk.
