Spain has been one of the top tourist destinations in Europe for years with many people buying holiday homes in the sun. However, demand has now pushed prices in many areas of Spain sky high. Despite adverse comments recently regarding falling property prices in Spain, Murcia has remained untouched by these fears, and is ready and waiting to be the next big thing.

Located between Alicante and Aguilas, this region has been slow to jump on to the tourism bandwagon, but is now making up for lost time. The diversity of the landscape, the privileged climate, unspoilt villages and the cultural and historical richness make Murcia the perfect region to live in and enjoy the outdoors.

Already established resorts like La Manga are commanding very high premiums on rentals and resale. Large developers like San Antonio Properties are pumping millions into various development schemes.

In general, Spain has reported a significant rise in prices (around 28 per cent) in the previous two years and, if you invest in the right property in the right location, you can still be assured of a healthy return on your investment. There are various exclusive projects and resorts being developed in Murcia, especially targeting the tourist market. One such investment is the Fortuna Hill Nature and Residential Golf Resort.

In its very early stages of development, this project allows for tremendous capital growth during its 18-month build. This exclusive resort, which will have low-rise apartments, duplex townhouses and villas surrounding one of Murcia’s largest golf courses, is an opportunity not to be missed.

At Fortuna Hill, everything is within easy reach including restaurants, cafés, supermarkets, banking services, business centre, fashion, playground for the children and much much more making for all year round holidays and rentals. There is also a world of possibilities at the residential complex itself, enabling you to enjoy all the comforts and amenities and derive more pleasure from every minute of your leisure time.

Following the complete sell out of Phase One, Property Match are currently offering a mixture of apartments, duplex townhouses and villas on this project. Prices starting from €165,000 for a two bed apartment, €190,000 for a duplex villa and €225,000 for a villa.

To find out more about this exciting development, contact Property Match today on 091-700222 or visit www.propertymatch.ie.

Comments (1) »

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written by john, January 03, 2008

Murcia is one of the most overdeveloped regions in spain. La Manga is a one of the biggest ghost towns in europe except for summer months. Murcia has huge problems with water supply and this is driven primarly by tourism and farming. Lots of corruption in relation to planning is present in murcia, which is bringing prices back to normal values. if you had the money to spare and not interested in making returns, then buy a place in murcia! but i would consider a huge risk to invest here to make money.

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