The Ultimate Homes Blog

"The situation has changed radically since January." "We are living a unique moment". These statements relate to a broad representation of experts from presidents of the leading consultancies in the country to representatives of international funds in the real estate sector.  After more than five years of crisis, uncertainty about when the real estate sector would recover  - a 'vital sector" in the Spanish economy according to Finance Minister Cristobal Montoro - has given way to a widespread optimism, thanks largely to the participation of  foreign investors. "We have entered a new stage in the Spanish property market. In recent months, we have seen  materialize  what seemed impossible a year ago" "Foreigners have seen the opportunity and started thinking that now is the right tome to invest in Spain, to achieve attractive returns in the future" noted Ricardo Marti-Fluxá yesterday, president of the Association of Real Estate Co...

Over the last few years, I can probably count on one hand the number of invites we have received to attend a launch of a new development, however with buyers returning in their droves, today (Wednesday) we were pleasantly surprised by the stunning surroundings of the final phase of the development "Flor de Ponoig" located in Polop, about ten minutes drive from the beaches of Benidorm and Altea. This is a development of 58 two and three bedroom town house properties within an established urbanisation, and they are ready now. Prices range from 95.000 Euros (plus taxes of approximately 13% in total) for a two bedroom town house and from 145.000 Euros for a three bedroom corner town house. The properties are spacious, the two bedroom having a total usable size of 112,87 sq.meters and the three bedroom version, a usable size of 130,40 sq.meters. The properties are officially on sale as of Monday 11th November with completion of contracts at the notary in the first qua...