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Apartment for Sale in Almerimar > Almeria > Andalucia > Spain

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Apartment/Flat Description

Portofino offers a fantastic opportunity to invest in one of the fastest-growing markets in the province of Almeri­a. Its ideal location makes it the one of the most desirable developments in Almerimar with beaches, golf and the marina all close seconds away. Almerimar is situated 24 miles west of Almeri­a. Residencial Portofino is located right by the marina, and directly opposite the clubhouse of Almerimar Golf, making it the best situated development in town. Near to both the beaches and the centre of town, this delightful development is bordered by lovely gardens offering a communal swimming pool and a children's area, ensuring that owners of these apartments and their families can enjoy a healthy lifestyle in a wonderful seaside environment. Each of these luxury apartments is built with only the highest quality materials and finished to a fantastic specification, offering marble flooring and spacious terracing with amazing views. The kitchen are supplied fully fitted. The properties come pre-installed with air conditioning in the living rooms and the main bedrooms. They come with between one and three bedrooms and between one and three bathrooms. Almerimar is situated 24 miles west of Almeri­a and 95 miles east of Malaga. It is one of the few resorts in Europe where the rainfall is truly scarce. It boasts wide, sandy beaches, a good range of water sports, fantastic restaurants to suit all tastes, and forever-expanding golf courses and sporting facilities. These qualities make Portofino an ideal choice for investment, holiday home or permanent residence. We are able to offer 2 bed properties, starting at just €120,000 - the equivalent property is being sold by the developer for €225,000. These units offer great rental potential and with the finance package we have negotiated, offers a great opportunity to purchase with very little outlay (costs only) the reason for this is due to the builders mortgage being approx 65% of the 2007 valuation which is now the price we can sell for as there is a number of units that banks are selling through their subsidiary company and a number of agents at 30% below the current developers sales price. Our financial contacts have negotiated an exclusive deal for our clients and can offer these properties with a further 10% discount thus making units available from as little as €120.000. Please note, Rental properties in this area are in great demand and with just 12 weeks rental per year, the property becomes self financing.

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€120,000  |  £100,356  |  US$158,268
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 624724 
Town Almerimar 
Region Almeria 
Province Andalucia 
Country Spain  
Type Apartment
Bathrooms
Bedrooms
Build Size 70 
Category Re-Sale  
Listed over 1 year ago
Want to know more about property investment?   Find out more >>

Property Characteristics

  • Pool:  Yes

Map of Almerimar, Andalucia, Spain


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  • Guardias Viejas   • El Ejido


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Price: €120,000

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Purchase this Apartment/Flat in Almerimar for

€235p/m

(70% LTV, 3.4% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Almerimar, Spain

Property Type Min Price Max Price Median Price
(All prices in EUR) Almerimar Spain Almerimar Spain Almerimar Spain
Apartment/Flat 5,000 85 269,200 25,000,000 160,000 220,000
House/Villa 360,000 300 360,000 119,500,000 240,000 420,000
Townhouse 260,000 129 465,000 6,360,000 410,000 250,000
Studio 97,000 24,000 97,000 299,000 - 165,000

* Calculations based on 33 properties for sale in Almerimar and 63710 properties for sale in Spain




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