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Guaranteed rental returns cast a golden glow over Costa Del Sol 30th June 2008
The Costa Del Sol is soaking up its new retro glamour image, with a return to its golden days as a playground for the rich and famous.
Southern Spain's sunlit shores is attracting a new influx of British and Russian property buyers like bees to a honey pot. Apart from the climate there's the prospect of 15 per cent property appreciation this year (despite a cautious market) to sweeten the deal and, of course, the opportunity of rubbing shoulders with the glitterati.
With golden oldies Sean Connery, Deborah Kerr and Grace Kelly making way for sports and showbiz celebrities like the Beckhams, developments such as CLC Estates' luxury Rancho Santa Fe development near Marbella, are seeing a rise in the number of younger buyers at their developments eager to cash in on the lifestyle and the guaranteed rental returns.
Rancho Santa Fe is a new eco-friendly townhouse development and CLC Estates is offering prospective purchasers a leaseback scheme with a guaranteed rental return for 10 years at 1 per cent over the Euribor (so no matter what happens with interest rates, income will keep pace with the mortgage). Owners are still able to enjoy the luxurious comfort of their properties six months of the year, providing the best of both worlds.
Paul Smith, Director of CLC Estates, says, "This is our most exclusive private development to date, and like Hustyns in Cornwall, or Malibu Mansions and Santa Cruz Suites in Spain, this is a luxury lifestyle development in the truest sense of the word. It's rare to be able to buy a holiday home with 360 degrees views with so many amenities literally on your doorstep, including an infinity pool, private gardens and rooftop Jacuzzis - making it an exceptional development in an exceptional location."
Just twenty minutes from Marbella and fifteen minutes from Malaga Airport, Rancho Santa Fe in Mijas Costa is a gated, eco-friendly boutique-style development of just 30 modern townhouses that enjoy uninterrupted views of the Mediterranean, as well as 360 degree views of the idyllic Andalucian countryside in this exceptional location.
With a choice of two and three bedrooms, each property spans a minimum of 100m2, and boasts its own spacious private terrace with splash pool and counter-current jets. There are en-suite bathrooms in each bedroom while downstairs there is an additional guest bathroom. Luminous living areas capture the panoramic views, but there's more... the private roof terrace offers spectacular views of the twinkling lights of the Costa del Sol coastline, magical at night.
Each townhouse is complete with an integral garage and a porch leading to a pergola and into the 50m2 gardens. Eco features of the properties include fitted solar panels and a unique underground airflow system which circulates the air, controlling the temperature within the rooms, keeping them cool in summer and warm in winter.
One of the signature attractions of CLC Estates' developments is the superb range of onsite facilities and at Rancho Santa Fe, a magnificent infinity pool with cascade waterfall to the pool bar offers spectacular views. Residents at Rancho Santa Fe can enjoy full CLC facilities, including restaurants with live entertainment, boutiques, cafés and 24-hour concierge service as well as 24-hour security. The new Myramar Commercial Centre is only a 10 minute walk, and the charming white village of Mijas is a 10 minute drive.
This "bijou" development will comprise three blocks of ten townhouses each, set in beautifully landscaped gardens, next to a lake. A 9-hole golf course is also planned; however, the development is located in the heart of the Golf Valley which features six top class courses, including Santana Golf and Europe's largest golf resort, the three championship courses at La Cala Hotel & Golf Resort and Spa.
Further information on Rancho Santa Fe and other CLC Estates developments is available by contacting Paul Smith on 020 8358 4113 or visiting: www.clcestates.com
For more information about Club La Costa: www.clublacosta.com
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| Encantada, Orlando, Florida |
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| Kusadasi Golf & Spa, Turkey |
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| Hustyns, Cornwall, UK |
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| Rancho Santa Fe, Costa del Sol |
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