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I know Mazarron Playa well and I know Isla Plana even better. My inlaws used to winter there for years and we had lots of visits enjoying its microclimate and i even ventured into the sea a few times in November and February, if I can anyone can by the way!
I have mentioned before in these pages that very rarely we see a good deal coming out from a bank as they overlent in the past and they are trying to recover the money they originally lent before the Bank of Spain forces them to take a hit. However we have a great deal here that I do think is worth it.
We have a completed project in Murcia with just a few units left at almost half price. The original price of these units was 240000 Euros and now they are being sold off at between 129-149000 Units to finish off the sales process. Here is the really good part. The bank are financing at 105% of cost to qualified buyers. And you want it even better? Three years interest only mortgage on the deal at 2% meaning that for 3 years you pay around 300 Euros per month to buy a place.
These are not tiny apartments either. They are two bedroomed, one bathroom properties with a large terrace overlooking the Bay of Mazarron just 500m from the beach. Totally finished just a few left but well worth a look not only at these prices but with these finance conditions in place.
Have a look at the PDF here and get in touch on grahunt@gmail.com or give me a ring on +34 961662892. Be quick because there are just a few units left.
When you consider that Paramount has now agreed to build their new theme park down in Murcia with the expected 20000 jobs to be created over the next few years then it looks an excellent investment property opportunity and it gets even better when you consider that Isla Plana is actually a nice place, not at all overdeveloped and a very nice place to visit.