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Club La Costa announce new Condo Hotel development
18th December 2006
Hot on the heels of Club La Costa's latest successes in the UK and Spain comes news of yet another new and exciting concept in holiday investment being offered through CLC Estates.
The magnificent California Beach Condo Hotel is to be constructed in a prime location on the Costa del Sol overlooking the blue waters of the Mediterranean sea, and is tipped to be one of the most lucrative methods of investing in the holiday property market.
Believed to be the first of its kind in mainland Spain, Club La Costa are certain that the Condo Hotel will take luxury to new levels.
So why is a Condo Hotel so different?
Condo Hotels offer individuals the opportunity to acquire a part of the resort complex.
That means a choice of studio, one-bedroom and two-bedroom apartments, as well as one- and two-bedroom duplex apartments plus a small number of exclusive and prestigious penthouses with spectacular views to the sea and North Africa beyond. In fact virtually all of the 215 apartments will enjoy amazing sea views.
Opportunities to acquire these apartments will come with different purchase options, including the CLC leaseback package and a new 'shared revenue' option. Both options allow purchasers to receive an annual return on their investment as well as having access for their own use. An investment an income and free holidays all rolled into one superb package!
Guests and investors will be able to enjoy a huge 5000 metre sq indoor and outdoor swimming pool with an 8-metre feature waterfall 'cascade', both linked with a 2500 metre sq spa, making it one of the three largest spas in the whole of Spain. There will be 375 guest parking spaces as well as a separate 7000 metre sq Commercial Centre which is expected to attract some of the best and most respected retailers on the coast.
Construction is due to start in the spring of 2007 with the first phase due to be completed by 2009. The second, smaller phase will be completed soon after.
Word has obviously got out about the incredible returns on offer through the Club La Costa purchase packages, resulting in nearly 100 reservations prior to the official release.
Prices are expected to start at around £260,000 with a guaranteed return in the early years of 4.5 per cent. Thereafter, under the shared revenue option, this changes to a profit sharing scheme with returns of up to 9 per cent*.
If you would like to become part of the most exciting investment plan in Spain, you should call the CLC Estates team, based on site, on +34 952 66 99 77
* Calculation based on anticipated level of occupancy in any given year. For further details and clarification please consult a member of the CLC Estates team.
Alternatively, why not visit the website at: www.clcestates.com
CLC Estates is part of Club La Costa. For more information click on www.clublacosta.com
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