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Spanish Property - Exclusive investment opportunity - Sierra Nevada National Park location between Granada and Ski Resort - year round rental potential -5% OFFPLAN DISCOUNT FOR FIRST NINE BUYERS - Developer's Mortage available:

Spanish Property SaleFOR SALE from € 77,805 to 160,560 + IVA: a range two and three bedroomed apartments in small block of only eighteen with shared pool, garage parking, wifi and part solar power in pretty village in protected National Park location, convenient for Sierra Nevada ski resort and historic Granada. All with spacious private terraces and stunning mountain views.

The small development of Valle de Maitena is located in the pretty, traditional mountain village of Guejar Sierra; 20 minutes from historic Granada, 20 minutes from the Sierra Nevada ski resort and only 45 minutes from year round sun on the Costa Tropical coast. The apartment is in a new build block, on the edge of this pretty village, close to all local amenities.

The apartments all enjoy lovely views, private terraces and a pool terrace. The development will benefit from wifi internet and partial solar heating. The developer is offering a special 5% discount to the first 9 buyers.

Note: Spanish VAT or IVA is applicable at the reduced rate of 7% on off-plan purchases.

List Prices before discount

Apartment Number Number of bedrooms Number of bathrooms List price in Euros before discount (not inc IVA)
1A 2 2 108,486.00
1B 2 2 105,266.00
1C 2 2 105,266.00
1D 2 1 81,900.00
2A 2 2 109,155.00
2B 2 2 101,790.00
2C 2 2 101,790.00
2D 2 2 109,155.00
3A 3 2 160,560.00
3B 2 2 117,648.00
3C 2 2 117,648.00
3D 3 2 160,560.00
4A 2 1 112,768.00
4B 2 2 110,240.00
4C 2 2 110,240.00
4D 2 1 112,768.00
5A 3 2 151,216.00
5B 3 2 151,216.00

 

Average Prices per m2

This development - Guejar Sierra 1,400 euros per m2
Sierra Nevada Ski Resort 4,300 euros per m2
Granada new build 3,100 euros per m2
Costa Tropical 2,900 euros per m2
Anticipated price for this developer's next project in Guejar Sierra 2,200 euros per m2

 

Great Investment Opportunity

At prices of potentially less than 1400 euros m2 for the first 9 buyers - this development represents an excellent long term investment. A new direct link road to the Sierra Nevada ski resort is under construction which will bring the ski lifts within 15 mins and the stunning Alhambra Palace (the most important tourist attraction in Spain) is under 16 kms. There are no less than three excellent Golf Courses in the area and the new coastal motorway brings the beaches of the Costa Tropical within 45 mins drive.

In the ski resort average prices per m2 are 4,300 euros, and for new construction in Granada this figure is 3,100m2. The attractive village of Guejar Sierra with its pleasant tapas bars and restaurants and sunny summer terraces overlooking the mountains is a more attractive year round location than the ski village itself (predominantly closed up in summer) and has great potential for growth as European economies recover.

Looking to the future this developer anticipates that his next project will be priced significantly higher at an anticipated 2,200 m2.

Guejar Sierra is great for outdoor activity - offering many intermediate and challenging walks, mountain-biking, climbing, kayaking in the spectacular Canales Reservoir (which can be seen from the apartments), paragliding, horse-riding, canyoning and skiing in winter. Golfers can choose from the varied 18 hole courses at Santa Clara, Medina Elvira or the Granada Golf Club. The spectacular local scenery is also ideal for nature-lovers and artists of all descriptions. For those who enjoy culture - the beautiful city of Granada can be reached with 20 mins by car (there is also an hourly bus service).

Mortgage & Payment details

Possibility of taking over developer's mortgage on completion - minimising Spanish mortgage set-up costs.

Small reservation fee and staggered deposit payment.

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