An attractive investment opportunity

But how does it affect us and anyone looking to buy a home here in sunny Spain? Certainly we have seen property values fall significantly over the past four years, to levels below the pre boom years of 2002 and 2003, some ten years ago. For example a one bedroom Villa for sale today at €65,000 which was sold off plan in 2003 for €120,000; does it not make you think this is the time for making a property investment here in Spain?

Combine that with the fact that the Pound to Euro exchange rate is at a 21 month high, so you get far more Euros for your pound right now – making this an incredible time to purchase property in Spain.

For many years it was a standard condition of developers to request 40% deposits with the remaining 60% to be financed through the banks in the form of a mortgage. Nowadays there are many tempting offers of 100% finance on newly built properties, with the additional incentive of 50% off the purchase tax or stamp duty on properties which are in fantastic locations. Does it not make a case for investing in property here in Spain?

We would not recommend buying off plan property in today´s market as there is so much choice of completed brand new housing on luxury Resorts with five star hotels, golf courses, leisure and sports facilities available for everyone to enjoy. So is it not time to really start thinking about moving to Murcia and enjoying the wonderful outdoor lifestyle in sunny Murcia?

Some superb Golf Resorts to consider

Here are just a selection of the resorts where we can help you secure an incredible deal and a superb investment proposition

Roda Golf and Beach Resort in Los Alcazares located just a few minutes to the beach, visit www.calidainternationalproperties.co.uk to view the latest bargains and don’t forget we get exclusive deals and the best prices for you!!

Las Colinas Golf and Beach Resort with one of the best new championship golf courses in the world and with 8 years free golf for all new homes purchased! Plus the incredible beach club for the exclusive use of owners at Las Colinas, come and see this amazing resort at www.lascolinasgolf.co.uk don’t miss out on the last few apartments with a guaranteed rental option.

Corvera Golf and Country Club – We now have some fabulous properties available at incredible low prices at Corvera – just five minutes from the new International airport. This fabulous new resort with amazing new golf clubhouse and restaurant opening July 2012 is just fifteen minutes to the wonderful city of Murcia and just twenty minutes to the site of the new Paramount Theme Park, contact us now for the latest offers at Corvera Golf and Country Club, and when you’re here don’t forget to try out the new championship golf course!

Hacienda del Alamo We also have some unique opportunities at Hacienda del Alamo with one bedroom villas available from just 65,000 Euros! The new airport at Corvera is just five minutes drive, the new Paramount Theme Park is only fifteen minutes away, and the beach just twenty-five minutes. The incredible national Park of Alhama de Murcia is just a few minute’s drive from this fabulous resort and Hacienda del Alamo boasts one of the longest championship golf courses in all of Spain. So many reasons to consider property purchase at this fabulous resort, but property prices more than 50% discount from 2007 prices and with up to 100% finance available (subject to status)

100% Mortgages are available

We can now offer up to 100% mortgages on selected properties at all of these resorts. We offer in-house specialist mortgage advice and can help with every aspect of your property purchase in Murcia, we also guarantee to get the best properties and at the very best prices.

Corvera International Airport

We have recently been to visit the brand new International airport which will replace San Javier in the near future, but no timetable has yet been released. Ten years ago there was only a rumor that Murcia would have its own International airport and now it is coming very close to reality!

The airport will be able to accommodate most types of aircraft, and will be looking to attract international traffic from all over the world with testing still taking place upon the airport systems and controls, so as soon as those are completed they will start to transfer the current routes into the new Regional Airport of Murcia, with capacity to cope with eleven aircraft per hour.

Visit Murcia

So why not come and visit Murcia now? – Come and visit our amazing beaches, see why Murcia is still the best kept secret in all of Europe and see why Murcia is now one of the hottest places in the world to invest in property, we are waiting for you, so see for yourself why now is surely the best ever time to purchase your own home in the sun.

For a three day visit we offer you a stay in a luxury Villa or apartment at our expense, so if you think it’s the right time to find that dream home in the sun, let us help you, as we have helped hundreds of people before you, please call us today on: (Spain) 0034 680 842895 or email info@calidainternationalproperties.com these incredible bargains will not be available for long, make 2012 your year in the sun!!

Fees (per hour)

• It is necessary to book in advance
• All bookings are subject to availability
• Extra €1.50 for artificial light

For booking please contact After Sales Department directly:

(0034) 968 380980 – amartin@corveragolf.com

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There has been much progress on the Corvera Golf Clubhouse – and not only that – the airport is finally here, the whole Paramount saga really seems to be gaining momentum, and the weather is still great with amazing temperatures in the high 20s!

The Corvera Golf Clubhouse

Firstly the Corvera Golf clubhouse. There has been some fantastic progress since my last visit just a few weeks ago, there are between thirty and forty men at any given time, working around the clock! Hopefully the photos will provide some evidence of the incredible progress, but to walk through the place having everything pointed out and fully explained what will go where, etc was fantastic, it is fair to say that progress is very impressive.

I was again invited by the head architect for a guided tour around the facility which has come on in “leaps and bounds”. The clubhouse will be finished by the end of the year at this rate, and it will simply be a matter of installing the main bar, kitchen appliances, furniture, etc so it really does seem like the clubhouse will be open for spring. Of course we will continue to provide more up to date information over the next few months.

It is good to see the Corvera staff very positive again and people smiling whilst going about their work, a long way to go but all very exciting.

Entrance way

There is an enormous roundabout due to be constructed at the end of the town just near the start of the road in to Corvera. This will make the connection from the main road and the town far more accessible, and will make for a very impressive entrance to the resort. Work should be commencing on this very soon, so expect to see the trucks and workmen outside the resort at the end of town at any time.

Horse jumping competition

There is another horse jumping competition at Corvera equestrian centre which again is proving very popular and will continue to draw attention and increase the profile of Corvera Golf in Murcia.

The Paramount theme park!

The press are reporting some very positive news about the proposed Paramount Studios and Lifestyle Park. It actually looks like the whole thing might happen! A very exciting DVD presentation is now available and you can see this below. What an amazing facility this will be based on this DVD presentation and will certainly put Murcia on the international map, I am sure you will enjoy watching this.

The Paramount Studios once completed will be just about fifteen or twenty minutes from Corvera, and with the new international airport about to open just a few minutes from the Corvera resort, things are actually starting to look up at last!

Corvera and San Javier Airports

I have added a couple of photos of the new road up to the entrance of the new international airport at Corvera and it is very impressive. The road system and infrastructure generally is superb and truly world class, so when all the visitors come, there will be no long queues or traffic jams to meet them. It is all very impressive – all we need is the regular flights from all regions of the UK!

On a not so positive note for some, it does look like the days of San Javier airport are numbered. However Ryanair are actually looking at the feasibility of purchasing and running the airport at San Javier, watch this space for news on that.

A bit of advice

Finally for all the people looking at their options at Corvera, please don’t just speak to your lawyers. The advice some people are being offered is simply outrageous. Please speak to fellow owners, speak to people that have completed, come and visit the resort and see for yourselves, talk to the people at Corvera, they will be very happy to meet you and discuss your options.

What I can say is that if your house has been built, they will not refund your money. They are very flexible about everything else. They will swap your property for a cheaper one, and possibly even upgrade you – the point is you can discuss your options with the staff at Corvera without prejudice.

Please contact Pablo Buitrago at pbuitrago@corveragolf.com or Celia Garcia at cgarcia@corveragolf.com. You might even want to go straight to the head of the legal department and discuss your options with Jesus Molina, he is available at jmolina@corveragolf.com – The point is that you can do this and it will not affect any possible law suit you might continue considering, but it is worth discussing your options, you will probably be pleasantly surprised.

You can also contact us at info@calidainternationalproperties.com – many of your fellow owners have done so – and we will be happy to help you. We are continuing to assist people who are struggling to make any sense of their situation, but to talk to the lawyers is very expensive and almost never the only option.

The sun is shining!

Come and have a look at the Corvera Golf development, we certainly advise you to check out the progress on the new clubhouse at Corvera, with the new international airport at Corvera about to open and the proposed Paramount Theme park and Lifestyle Centre progressing nicely, all of a sudden the sun really is shining on Murcia and particularly on Corvera Golf and Country Club.

The Paramount Video

…and here’s that amazing video! It’s in two “sections” the first half dealing with the “Lifestyle Centre” and the second half the “Theme Park”. After you hit play, we recommend you switch to “720p HD” mode (push where it says 360p) and hit the full-screen button for the best view of this simply incredible video!

Bumper update gallery

And here’s the gallery of photos we shot just this week. Enjoy!

Click here for a FULL SCREEN slideshow!

Yesterday I heard – direct – from the Corvera developers that the first flights are due to start operating in February/March next year (2012). Not only that, but the Corvera guys were taken on a personal tour of the airport, and even secured some photographs, which we include below.

So a huge sigh of relief all around – of course I never had any doubts(!) – and yet another reason why the prices of properties at Corvera will remain buoyant and life is set to get that bit easier with regards coming and going from Corvera Golf and Country Club! Hooray!

Click here for a FULL SCREEN slideshow!

We have all been wondering when we will start to see some progress on the Corvera clubhouse, and we have been hearing the same old stories, just waiting for the funding to be put in place, etc. Well today I can confirm that all funding is now available and WORK HAS COMMENCED ON COMPLETING THE CORVERA CLUBHOUSE, at last some great news!

There are now officially 406 owners at Corvera and I am certain those folks will be delighted with this news.

I met with one of the senior staff members at Corvera today August who introduced me to the architect for the clubhouse. The architect then gave me a guided tour of the building, and explained exactly what is to be done, and what facilities we can look forward to. It is worth mentioning that to date Calidona have spent between 3 and 4 million Euros on the clubhouse with approximately 3 million more Euros to be spent completing the facility.

On the ground floor there will be the golf pro shop with offices, changing rooms, golf club storage etc, also there will be a spa area with swimming pool, jacuzzi and gymnasium. I can also report that to date no less than four separate people have inquired about running/managing the gymnasium, so very positive.

There will also be a mini market close to the pro shop nearest to the 18th green.

There will be stairs and a lift/elevator to the upstairs where you will find some breathtaking views, a members area, a communal bar and restaurant area, there will be a restaurant for more formal dining and there will be a VIP meeting room for special small functions and meetings.

There is a substantial area on the basement level and this will be for the buggies, bag storage and trolleys.

The plans looked fantastic, the architect was very enthusiastic, and I was assured that work will be commencing in earnest from this moment to complete construction as quickly as possible with all above mentioned facilities being available as soon as possible. There are currently just 6 or 8 workers on site at present, that is because it is difficult to get construction workers to work in August, with temperatures topping 40 degrees, you can certainly understand that, but come September I am assured that there will be many more workers on site with the sole intention of delivering our long waited Corvera Golf clubhouse.

It has always been my intention to be as positive as possible but also be as realistic as possible. Everybody is aware of all the negatives, but this is fantastic news and I am sure this can only be a positive step by the company and great news for all owners. Hopefully this may encourage some people to move forward and start to discuss all options with the developer regarding their property and deposit at Corvera.

We at Calida International Properties will be only too happy to offer advice and support to anybody that has yet to complete the purchase, or anybody that simply wishes to explore all options regarding how to move forward.

There are many options available, particularly downsizing or moving the deposit to a more suitable or more cost effective property. We can offer free independent mortgage advice, discuss your options with the developer on your behalf, or simply meet for an informal chat to study your individual case.

Please contact us directly as soon as possible at stuart@calidainternationalproperties.com

We will be providing more updates from now on, and will be providing regular photos of all progress, but for now, once again this is fantastic news and lets keep our fingers crossed for plenty more good news in the near future.

Here is what the developer has to say,

Our project continues to move forward and at this point we are delighted and excited to start a new stage at Corvera Golf & Country Club. We’d like specially thank all Corvera owners (more than 400 now!!) for their loyalty and faith in this project.We will give you updates on a regular basis in the forthcoming months

Finally, The airport is just about completed which is superb news, please see the latest news regarding the airport here. It is good to be back with this great news!!

Click here for a FULL SCREEN slideshow!

The airport is still set to open next year, and these new roads will carry more than 25,000 cars a day. The roads themselves are said to have cost in excess of 28 million Euros, and can even be extended to three lanes if required in the future! (Let’s hope they need those lanes when the Paramount Theme Park opens!)

Meanwhile at the airport building itself work is moving forward apace with electrics and air-conditioning going in, and work continuing on the control tower. We can also see a lot of work being carried out on the runway!

All appears to be “on schedule” for opening by the end of the year and the first flights anticipated for Summer next year! Great!

So before San Javier, or Alicante, we will have our own fully International airport ready to whizz us to the USA or Caribbean…or, maybe better, whizz you are your guests here to wonderful Murcia for a visit!

This is not a political or electoral promise. The airport will become a reality in 2011 thanks to the Competition Commission of the European Union, who gave the green light to guarantee 200 million euros for the project. Money enough to finish construction.

José Ballesta the Minister of Public Works, announced that the first plane to land at Corvera will be towards the end of next year because the airport is already finished, while explaining that the decision in Brussels has been favourable because the endorsement was “not incompatible” with international law.

The airport will be a cornerstone for growth in the whole region, open up international business opportunities, boost tourism and will offer employment to 20,000 people!

The work plan includes four main priorities: The passenger terminal; The control tower and other buildings; Facilities (beacons etc.) and civil construction (airfields or drainage systems etc).

José Ballesta said are “many” airlines interested in operating at the airport, but these are subject to a confidentiality agreement, and will not become public until shortly before the airport becomes operational.

On top of all this, new access from the A-30 to the Corvera International Airport is well under construction. These works are planned to be finished before the end of the year.

You will be able to get more info very soon through the official web page which is now under construction.

As if all that were not enough, the high speed rail link (AVE) between Madrid and Cartagena will have a station at Corvera airport! This infrastructure is planned to be finished in 2014. We really are going to be on the map!

We are sure you will share our enthusiasm for this news. It can mean nothing else but increased interest in our area, business opportunities, and with news of the Paramount theme park – the good times are set to roll!

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The Spanish daily newspaper, La Verdad, are today claiming that Alhama has been chosen “by the region” as the location for the Paramount Theme Park in Murcia.

They say that the meeting held on Wednesday evening about which we reported yesterday, was decisive, “as far as this newspaper has been able to ascertain” and they say that there are just minor details to confirm.

They say that the Fuente Alamo option is being left on pending in case problems arise with Alhama, and say that a pre-agreement has been reached with the banks.

The banks have apparently agreed on an option to buy 3.5 million square meters of land on the site of Condado de Alham II, taken by the banks in lieu of payment of debts from the Polaris World development company.( See previous stories for all the details.)

Apparently the deal will be for the land purchase to go through within the space of one year.

“La reunión del miércoles ha sido decisiva para que la sociedad promotora del parque temático Paramount se haya decantado finalmente por los terrenos de Alhama de Murcia para ubicar la futura ciudad del ocio y del cine, según ha podido saber este diario. Los representantes del Gobierno regional avanzaron lo suficiente en ese encuentro de trabajo con los ‘bancos de Polaris’. A día de hoy quedan flecos que se esperan cerrar en breve. La opción de Fuente Álamo sólo se pondría de nuevo sobre la mesa si surgen problemas que, de momento, ninguna de las partes prevé. Ayer se hablaba de un preacuerdo aún sin formalizar.

Los negociadores han ultimado una opción de compra a precio tasado de 3,5 millones de metros cuadrados próximos a la urbanización Condado de Alhama, que fueron propiedad de la constructora Polaris World y que han pasado a manos de los bancos y cajas acreedores aglutinados en torno a la empresa Inversiones Resort Mediterráneo (IRM). Se trata de Caja Mediterráneo, Bancaja, Banco de Valencia y Banco Popular.”

Now what we have to be careful about is that this is all hearsay, and yesterday both Salvador Marin who heads up the government department handling the negotiations, and Jesus Samper himself both said that secrecy is still of the utmost importance, that nothing is final and they are still considering a number of options.

Both were adamant yesterday that there were still many details to finalise before an announcement would be made.

The rest of the La Verdad article just recycles information which has already been reported many times, so is of little consequence, and it does seem a little indiscreet to be putting out this headline when nothing is final, and its’ certainly strange to see this headline on the morning on which Samper is in front of the courts giving evidence in the Murcia corruption case, in which his developments in Murcia are implicated. Mind you, as we’ve said before, putting out a headline with positive news detracts from the implications of the corruption case, and La Verdad are plump and well fed due to the considerable support they receive from government funded “businesses” the councils and the Cajas, who pay for most of the arts activities in the region, so it’s not surprising.

They are the only daily to have this “inside information” and nobody else is reporting anything.

Yesterday Salvador Marin was defensive of Samper, saying that he was just one of a number of people working on the Paramount project and that the outcome of the court hearings today would have little influence on the future of the Paramount project.

It’s difficult to see how this is the case, however, when Santa Monica are the major capital shareholder and the Licensees for the Paramount brand marketing.

It’s also important to take into consideration that the license period has been granted for one year to enable the project to be pulled together and will only be finalised once the blessing of paramount licensing has been given to the final proposals, hence the period of a one year option to purchase the land which is what La Verdad are claiming has been agreed, albeit “with a few minor details still to resolve.”

Samper was keen to stress that nobody from Paramount had been in touch with him reference his implication in the Murcia corruption case, which again, does seem strange as Paramount is keen to maintain a squeaky clean image, but then again, this corruption investigation has been ongoing for more than a year, so it seems unlikely that Paramount would have granted him a licensing agreement without having carried out extensive background checks beforehand.

Anyway, nothing will be official until somebody makes a formal announcement, but again, what is peculiar is the headline announcing that the “region” has selected Alhama, when the region is only supposed to be stumping up a token amount of investment and the project is supposedly being driven by Samper and Santa Monica Investments.

We’ll just have to wait for a formal announcement.

Corvera airport

Firstly the regional government in Murcia have now confirmed that the new International Airport at Corvera will be open sometime in 2011!. There are currently over five hundred people working on the airport “around the clock” in three shifts.

The terminal building and the control tower are now progressing at lightning speed, and the new 3.5 metre glass dome for the top of the control tower is just about to be installed. Once open, the new international airport at Corvera is expected to have at least 16 flights per day initially! Fantastic news, particularly for Corvera owners wanting to rent their property just three minutes from the airport.

There has been concern over the future of San Javier airport as a result of the new airport at Corvera, this should no longer be a concern as airport operator AENA have just announced further investment at San Javier, this is on top of all the recent improvements over the last 18 months. We are confident that San Javier airport will not only continue to provide the current invaluable service to the coastal region of Murcia, but we expect to see passenger numbers grow and offer even more flights in the coming months and years.

Paramount are on the way!

You would think that was enough good news for now, but last week the newspapers and radio stations were “buzzing” with the news that Paramount studios do indeed have plans to build a theme park and film studios in the Murcia region and that work is to commence imminently.

It has been announced that Paramount Studios intends to pursue its ambition to create Spain’s largest theme park in the Spanish region of Murcia. The park planned will rival Disneyland Paris and attract around 3 million visitors per year!

Paramount Pictures said on Friday it has reached a deal to open its first theme park in Europe in Spain, the world’s third most visited country, which will create thousands of jobs as well as create a need for an additional 20,000 hotel beds.

This development will undoubtedly create interest in property in the Murcia region. It is likely that rental returns will increase dramatically for property owners on the already popular Roda Golf and Beach Resort and now Corvera Golf and Country Club. The lure of an American style theme park, world-class golf courses, and an average temperature of 21 degrees will bring visitors from all over Europe to the region.

This is amazing news for the region of Murcia, but also for the very best resorts in the area of Roda Golf and Corvera Golf, it was recently reported that there are more people buying and completing the purchases of their properties in Murcia than any other region, so this latest news can only strengthen that position that Murcia is now the number one region in Spain.

With house prices now very attractive and with a much stronger pound, there has never been a better time to purchase your new property on the stunning Costa Calida in the region of Murcia, please come and visit us here at www.calidainternationalproperties.co.uk for the very best properties available and at the very best prices, or for further information please e-mail us directly

Please follow this link to view the Roda Golf DVD and see why we love it here!

Great reviews from the Golf Course

We are now starting to receive some great reviews for the golf course. Family and friends of Corvera owners are now travelling from Torrevieja, Alicante, Villamartin, and more locally, Hacienda del Alamo, to play the golf course regularly – and they are loving it.

Roda Golf owners, and golf rights owners, have their own society (of which I am a member) and Corvera is now one of our preferred courses to play. We also plan to have some of our “society away days” at Corvera, which again is great news for improving the profile of Corvera Golf and Country Club.

The golf course is starting to play well, and it looks great! The course is getting plenty of water, and when the rain eventually comes in September, there will be a new wave of growth and maturity visible in just a few weeks. There are plenty of players on the golf course, and for the most part all positive reports.

Plenty of completions

Some excellent news from the developer is that they have been very busy through June and July with owners completing the purchase of their properties at Corvera. It would appear that the banks are starting to lend again, and that has helped Corvera with over forty new completions over the summer!

The Corvera Clubhouse

Regarding the clubhouse, I have met with the senior management team at Corvera and like everybody else they are frustrated regarding the lack of progress on the clubhouse. I am assured it is the most important thing for them at the moment and it looks like May 2011 is the new completion date, but that is not official yet.

The discussion centres around the fact that until a certain number of owners have completed the purchase, the clubhouse would not be a viable commercial proposition. I believe the magic number is 500 completions – and I believe they are pretty close.

Now please don’t shoot the messenger here! I am merely passing on any information I can gather to share it with all Corvera owners, I offer no opinion regarding this.

Plenty of people around and about!

My on-site roving reporter, Chris Dean, has reported that there are lots of people milling around at present, some of the swimming pools are actually quite busy. Miguel’s bar is extremely busy, with a BBQ planned for this weekend (Friday the 13th) OMG, just realised the date, hope you superstitious people out there are all ok today!

Loads of people now enjoying the resort including my old friends John and Amanda Anderton who are almost permanent fixtures on-site now. Chris Smith and his lovely wife Corinne have now moved in to their lovely new Magnolia house and are very happy, Mr and Mrs Dave Bond, who have recently moved on to Corvera in to their new Canela villa, they have a lovely new swimming pool and are loving it! Good luck folks for your new life in Spain.

There have been a number of recent completions who I have helped, I won’t mention names, you know who you are. Good luck with your new homes and holiday homes in the sun, look forward to seeing you all at Corvera very soon.

More airport progress

The new airport is now making huge progress and it definitely looks like next year will be a big here for Spain’s newest airport at Corvera. The location for Corvera Golf and Country Club is superb anyway, but with this new international airport and trans-Atlantic airport right on the doorstep, the signs look positive.

We are still busy helping people regarding their completions at Corvera, particularly those on phase 3 and 4 who are unsure of how best to proceed, please get in touch if you think we can be of any assistance, we will be only too happy to help.

That is about it for now, many more photos and new update in September.

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