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Posted by Roger on January 05, 2006

New Plots Released at Montemayor

Both the golf course, established in 1989, and the land at Monte Mayor Golf & Country Club on the Costa del Sol were acquired by the developer in the year 2000. The first plots were released to the buying public in 2001 and now, four years into a seven year plan, Monte Mayor has just released some of its finest plots to date.

Paul Rossiter, Director of Carrington Estates, a company specialising in the sale of single villa plots for self-build, comments, “We have always championed Monte Mayor Golf & Country Club as the best project of its kind in southern Spain in terms of quality, location, facilities and value, and this latest phase is no exception, consisting of some of the best plots I have seen anywhere. The majority of these, which range from 2,375m² to 4,250m² in area, have phenomenal golf, sea and mountain views and the real bonus is that all plots enjoy a natural building platform, keeping the cost of plot preparation to a minimum. Incredibly, most of the plots are still priced at under 200 euros per square metre and if you look around you will find that this is a third to a half less than similar golf and country club developments are asking. We don't expect these plots to be on the market for too long.â€?

Self-build, with the assistance of a qualified bilingual project manager is an affordable way to construct the house of your dreams to your personal tastes and requirements at the fraction of the cost of a comparable off-the-peg resale villa. All-in, including land and build, you could expect to spend 1.1 million euros on a self-build, and end up with a property worth 1.5 to 1.9 million euros on today's open market, and even more a couple of years down the track when the development is complete.

New phase prices start from 475,000 euros for a 2,505m² plot with permission to build a 305m² villa and Carrington Estates can put you in touch with the relevant project management, accounting and finance professionals.

For further information please visit carrington-estates.com

Filed under Golf Properties

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