Titan Properties Expands Resale Portfolio to Meet Demand

In response to a marked increase in the proportion of lifestyle rather than investment buyers in southern Spain over recent months, Titan Properties is expanding its ‘ready to move in’ resale portfolio by adding the Punta Coral townhouse development in El Rompido. The western Costa de la Luz specialists are confident of Punta Coral’s appeal to northern Europeans and do not expect the properties to linger on the market too long.

Andrew Benitz, Director of Titan Properties, comments, “Property markets have very clear lifecycles and some buyers choose to enter at the beginning, the off-plan stage, as they are not in a rush for the finished product and can benefit from capital appreciation throughout the build process. Others prefer to enter at the end, the resale stage, as they want a snag-free property connected to all the utilities that’s ready for immediate occupation. Plus, they can see what they’re going to get rather than conjuring up mental images from a series of artists impressions.”

Andrew continues, “The western Costa de la Luz is still in a fortunate position to satisfy both of these buyers. Whilst the Costa del Sol off-plan investment market is all-but-dead, prices in western Costa de la Luz are still showing annual increases of 10 to 15% making the off-plan proposition more than viable. Likewise we have some fabulous top-quality, low-density projects nearing completion and the prices are extremely affordable in comparison with the Algarve to the west and the Costa del Sol to the east.”

As little as five years ago the western Costa de la Luz encompassing the province of Huelva, was little more than deserted wide white sandy beaches, working fishing villages and open countryside. Whilst this undoubtedly suited some, most northern European tourists may have tired of the simplicity. Today, gradual and sensitive development has resulted in a choice of five and four star hotels, a fine selection of first-rate golf courses, new marinas and carefully planned and licensed residential property construction. The western Costa de la Luz is now undoubtedly attractive to all types of holidaymakers as well as northern Europeans seeking somewhere warm and inviting for semi-permanent or permanent living. Punta Coral is a strong option.

Punta Coral comprises a series of compact townhouse developments with no more than 50 units in each. The three bedroom properties all have views to their community lake-pool and, thanks to an elevated position, down to the sea. Each development is gated, has immaculately maintained landscaped gardens, paddle tennis court and underground parking. The townhouses themselves combine traditionally Spanish exteriors with modern internal layouts and features. Features include three bedrooms with built-in wardrobes, three bathrooms (one en-suite), fitted kitchens, Porcelanosa tiling and a private terrace and small garden accessed via floor-to-ceiling French windows from the lounge.

Punta Coral is within walking distance of the fishing village of El Rompido famed for its mouthwatering seafood. El Rompido also has two Alvaro Arana designed 18-hole golf courses, the south inaugurated in 2003 and the north in 2006, a five star and a four star hotel - one managed by the Set Hotel group and the other by El Fuerte. It even has a marina fringed with lavish million euro plus villas complete with private berths and fashionable bars and trendy boutiques, a marina that is one of four planned for the area. All of this is within walking distance from Punta Coral so you can enjoy a glass of guilt-free Spanish tinto and leave the car at home. Seville and Faro International Airports are both approximately an hour from El Rompido.

Prices from 285,000 euros for a three bedroom townhouse.

Contact Titan Properties on telephone 00 34 959 399 968 or 00 34 959 399 982. Email info@titan-properties.com or visit www.titan-properties.com.

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