Paramount Theme park could open early

The future is looking brighter for investors, residents and visitors to the south east corner of Spain, after a statement issued by the regional government of Murcia indicated that the much anticipated Paramount Theme Park could be completed a year ahead of schedule and that work might begin within six months.
Some residents of places like Camposol and Polaris World resorts have faced many years of disappointment in their investment properties, however these investments may well soon prove fruitful. With the anticipated opening of the theme park  coinciding with the high speed AVE train between Madrid and Murcia, as well as the new regional airport at Corvera, located just 20 minutes from the development site of the park and with excellent link roads already starting to take shape, this area is about to explode onto the map of Spain.
Chris Mercer of Murcia-based agent Mercers commented, “The airport’s initial capacity for three million passengers a year, including many who currently use Alicante, was said to be key to securing the flagship project.
Murcia International Airport will also become the first airport in Spain to be crossed by a high-speed rail link (AVE) and the third, after Barcelona and Madrid, to have a rail link at all – further opening up domestic and international traffic to the Paramount Theme Park. Before long a European spotlight will fall on this area and our property sales to those keen to cash in on future lucrative rental opportunities are already rising.”
The main infrastructure of the theme park is estimated to cost around €300 million, with additional investment in the region of a billion euro expected for the building of hotels, shops and retail facilities, which will be completed in stages and be part funded by private enterprise.
The complex will be built on 108 acres of land of which 37 acres will be dedicated to the theme park itself. This theme park will become the biggest in Europe, attracting around five million visitors per year, 50% more than Spain’s current largest theme park, Porta Ventura.As previously reported by the Leader, the site will also have cinematographic studios, which will be the centre of all Paramount’s productions in Europe.
Theme parks are still very popular in Spain, although they are not without their own problems. Terra Mitica opened for the 2011 season with a new management team and a plan to turn around its previous financial difficulties, partly by selling land and creating a more compact and ‘family friendly’ facility. The Warner Brothers Park in Madrid is still as popular as ever, never failing to please the millions of people who have visited that attraction since the doors opened for the first time in 2002. There are also plans in place for expansion, which it is hoped will be completed by 2015.
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The summer holiday season is now well under way.  Those of you flying into Alicante airport will benefit from the new, larger terminal building which we found well facilitated.  If you are looking for a property with potential for rental income then Spain is a great place to invest as, according to all reports, not only is Spain still the most popular Mediterranean destination for the British, the numbers of visitors this year has increased compared to last year. If you are visiting the Costa Blanca (north or south) or the Mar Menor area of the Costa Calida and would like to spend a couple of days of your holiday viewing property just let us know what you are seeking and we can arrange for a consultant to be available.  We also have access to independent solicitors and mortgage advisers to assist in your purchase. There has been a lot of press coverage about the proposed Paramount Theme Park to be built near Murcia city.  The proposed site is close to the new Murcia airport at Corvera, just south of Murcia City.  The airport should be fully operational for next summer, with the first flights planned for the autumn.  This is not the first time a date for the airport to be opened has been given, but this time they do seem to be making clear progress towards operational use. FOLLOW US ON FACEBOOK! We have just started our very own Spanish Dream Property page on Facebook.  If you are on Facebook yourself please do have a look.  We will be developing it further in the coming weeks.  Please 'like' the page to keep in touch. PROPERTIES OF THE MONTH Our first property this month is a great apartment, located close to the proposed Paramount Theme Park and not too far from Corvera airport and Murcia City itself.    90%-100% mortgages available (subject to status).  2 bedrooms and ready to move into.  Communal pool, 18 hole golf course plus tennis, squash & basketball courts and a football pitch.  Just 20minutes drive to the nearest beach.  72,500 euros The second property is in Moraira, northern Costa Blanca Detached villa with a private pool, 3 bedrooms, 2 bathrooms, garage and views towards the famous Calpe Rock.  Moraira town is a short drive away.  335,000 euros We have nearly 2000 properties on our web site at present, and many more we can access that are not listed.  The northern Costa Blanca covers a wide area with very differing locations so we only have list sample of what is available there.  Send us the criteria for your dream home in the sun and we will search for you.  Our services are free.  View property with no pressure with our trained consultants. Call us now! 0843 289 6384 (Low rate call) Or visit www.spanishdreamproperty.com

Are more Brits seeking property in Spain

Are more Brits seeking property in Spain?Article Date : 08 July 2011   There are signs that Brits are taking an interest in property in Spain, it has been reported.Figures released by the Overseas Guides Company (OGC) showed that the number of requests for its publication about buying real estate in the nation rose by 24 per cent between January and May this year, A Place in the Sun revealed.Speaking to the news provider, director of OGC Kim Brown said: "The country continues to appeal because of its high level of Brits already living there providing a settled community of expats, the weather, the lifestyle and the easy access from the UK."And there are currently some good deals to find on Spanish homes, with the nation's Central Bank commenting last month that prices may fall further.In an interview with The Olive Press, director general of economics, statistics and research at the financial institution Jose Luis Malo de Molina said that the high number of unsold properties is continuing to drag values down.

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P O W 3 Bed, 2 Bath Townhouse in Cabo Roig, Costa Blanca South

3 Bed, 2 Bath Townhouse in Cabo Roig, Costa Blanca South Ref: HE5380Type: TownhouseArea: Costa Blanca South Town: Cabo Roig Beds: 3 Baths: 2 Pool: Yes Price: €100,000 Description: This very spacious 3 bedroom, 2 bathroom townhouse is situated in Cabo Roig and is within a few minutes walk of all the local amenities, shops, restaurants, bars and beaches. The property comprises of off road parking, a covered entrance porch, a large lounge/diner, a kitchen, a shower room and a double bedroom, on the ground level. Upstairs there are two more double bedrooms, a family bathroom and a sun terrace.

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Grab your self a bargin

Grab your self a bargin

Thousands of new homes unsold in Spain Article Date : 07 July 2011   Figures published by the Spanish government have revealed that at the end of 2010 there were almost 700,000 unsold new homes in the country, AFP reported on Expatica.com.According to the news provider, the public work, housing and transport ministry announced that this represented a drop of 0.08 per cent over the previous 12 months.In fact, new home sales in Spain increased by 5.9 per cent during 2010, the first rise following three years of declining transactions.The Spanish government estimates that the country will not be able to clear the majority of its unsold housing stock until 2014, the agency revealed.Meanwhile, A Place in the Sun reported figures from Catalunya Caixa Bank last week, which stated that 85 per cent of the homes contributing to the oversupply are located in holiday destinations.As a result of the glut, real estate in Spain can be purchased for 70 per cent less than its peak market value in some cases.
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POW 2 Bed, 2 Bath Villa / Detached in Murla, Costa Blanca North

POW 2 Bed, 2 Bath Villa / Detached in Murla, Costa Blanca North

2 Bed, 2 Bath Villa / Detached in Murla, Costa Blanca North Ref: NCB241 Type: Villa / Detached Area: Costa Blanca North Town: Murla  Beds: 2 Baths: 2 Pool: Yes Price: €219,500
Description: A very well presented detached villa with a mountain backdrop and views to the mountains and valley. The plot is easily maintainable and has a driveway, feature well, mature plants and trees and to the rear a spacious garden where there would ample room to build a pool. The property has an open, arched naya leading into a lounge/diner with barrelled , beamed ceiling and Tosca stone fireplace, and an adjoining American style kitchen. There are also two double bedrooms, one with an en suite bathroom and a guest shower room. The property benefits from having mains gas and drainage, Sat T.V., telephone, hot and cold air-con, gas radiator central heating and Upvc double glazing.
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Franco's Palace Open to All

Franco's Palace Open to All

The summer palace of former Spanish general and dictator Francisco Franco opened its doors to the public last week, thanks to a government legal victory last year. The large and impressive mansion in the northwest of the country which was formerly owned by the novelist Emilia Pardo Bazan, was bought by the general in 1938. When he died in 1975 it was inherited by members of his immediate family, but the government applied to have the residence opened to the public in 2008. The Spanish courts successfully overturned private ownership of the national monument late last year, and it officially opened to tourists on Friday
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Property of the week 3 Bed, 1 Bath Townhouse in Los Altos, Costa Blanca South €95,000

3 Bed, 1 Bath Townhouse in Los Altos, Costa Blanca South Ref: HE6007 Type: Townhouse Area: Costa Blanca South Town: Los Altos Beds: 3 Baths: 1 Pool: Yes  Price: €95,000 Description: This 3 bedroom, 2 bathroom townhouse is located in a great location with wonderful sunset views over the mountains.The ground floor contains a lounge / diner, with working fireplace, a separate kitchen, double bedroom, shower room, and tiled back garden. Upstairs you will find 2 double bedrooms, one with its own sun terrace, and a nice bathroom. The front garden is tiled, and has a terrace for outside wining and dining. The house also has the use of the communal pool close by. Supermarkets, shops and restaurants are only minutes away, and just a short drive to the beach.Great offer !
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