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Las Ramblas Ramblas Property Sales 

Las Ramblas Property Sales - View Offers

History - How it all began

Property sales started in Las Ramblas in the year 1997. Then the well known local building company "Urbanizadora Villamartin" began to promote the first apartment block. Now this block, called Lirios 1 is located oppostite the Las Ramblas Golf Club House. However, at the time of its construction the clubhouse was still not even planed. Instead there was only a quite humble Restaurant and a small sales office next to it. I actually worked as a sales manager out of this office in 1998/1998. This was just before we found the estate agency Magellan and this is one of the reasons for our profound knowledge of the resort and its property sales.

When Lirios block 1 was built, prices were still very low. The Costa Blanca property market just began to recover from a crisis in the early 90ties.  The Price for a two bed Apartment was under 9.000.000 Pesetas, an equivalent of …….

Shortly afterwards the Promotors decided to proceed with a new Building area. In Residencial Altamira also Villas and a first Phase of townhouses were launched. The popular Villa model "Villa Carmen" (on a 300m2 plot) was available for 18.500.000 Pesetas (approx 112.000 €) those days. Soon Prices started to rise and so did the volume of building works. Purchasers came predominantly from Germany and Britain. Also a view Austrian, Dutch and Belgium Clients were amongst these Las Ramblas pioneers.

During the same time the Promotors decided to launch a group of apartments called "Los Claveles". Whereas so far all promotions were kept in the traditional mediterrenean style, with Los Claveles an alternative was offered. First time a new architect was contracted (Luis Clavel - hence the name) and a modern style was introduced. Especially the bright orange shutters of phase one were quite remarkable in those days. Funny enough the color was not chosen intentionally, but due to a mistake with the color chart (They have used the number under the color instead of the one above). Due to their large terraces and good views these apartmenzs are still very popular.

During 1998 numbers of Sales started to explode. This lead to further price increases and severe delays of building works. I remember a lot of very unhappy purchasers, due to these problems. Finally everything got finished and most customers were very pleased with their properties. 

We are here in Magellan Propeties - Las Ramblas Property Sales are still in contact with quite a few of these first purchasers. Some of them bought a second property or upgraded to a bigger one, as they decided to spend more time in Las Ramblas. Others used our services to sell and move back home mostly for personal reasons.

When Altamira was almost sold out in record time in 1999, the promotors decided to start with a large new building area called "Nuevas Villas". It was during the last months before I left the company, when I saw the plans of the first villas in our sales office. As we still had no name for this phase I just wrote "Nuevas Villlas" on the plans on the wall. Funny enough, although it was never meant this way, the name stayed untill today. 

With the beginning of the new millenium the property boom really took off. British purchasers started to dominate the market and little by little pushed the prices higher and higher. Their advantage was the high pound rate which was around 1,5 to the Euro. Soon purchasers from the euro zone bought less and less. As in Britain the hype for Spanish properties grew bigger and bigger, sales number were still increasing and new estate agencies were growing like mushrooms  

Nuevas Villas was growing in record time and the promotors decided to contract large building companies like Ferrovial to keep up with the rythm of sales. Around 2001 property sales also sterted in the residential area La Feria (in today´s Calle Anfora). Like in Nuevas Villas the property offer stretched from Apartments and townhouses to detached Villas in first line golf. 

The property market still knew just one direction and also Magellan,sl was growing. 

The Community "El Lago" was the next to follow in 2003. At the same time the Promotors decided to expand their offer by introducing 4 large luxury villas called Tudemir, located to the right of El Lago. Already in Nuevas Villas this market was tested with the so far largest Villa Modell called Oriol. 3 villas of this type were built and sold in Nuevas Villas.

The Tudemir project however did not develop as expected. The experience of the Oriols showed, that there was no demand for really large Villas (or at least not for those ones). As a consequence the villa project was dropped. The outside shape stayed almost the same, but each villa was split into 6 apartments. As the original project was the one used for the buolding license. Purchasers had to wait for a while to get all their paperwork sorted. 

Prices were still on the raise, but would soon hit the ceiling. In 2005 some Villas in La Feria were sold for around 800.000 €. In Almonte, the  typical 3 bed townhouse "Bungalow Buhardilla" was offered at 365.00 €. Almonte was actually the last release befoe the crisis. In fact a lot of properties in this residential area were sold "key in hand" for far lower prices after the crisis.

As we all know in 2007 the international economical crisis, had massive impact on the spanish property market. Sales literally stopped and prices began to drop and drop and drop....   It was not only the lack of demand. Another reason was the the dramatic drop of the British Pound, which allowed English owners to sell for a very loe "euro price". They still ended up with an reaonable amount of Pounds.  

For Magellan Properties this was also a hard time. We decided to close our seconf office on the Costa de Almeria and to really concentrate on Las Ramblas and surrounding urbanizations. On the other hand this situation  also cleaned put the market. In fact after a view years we were the only agency left in our closer area.

As fast as clients and agents adapted to the boom prices they also got used very quickly  to the new scenario with cuts of more than 50%. .Suddenly nobody could believe, that not long ago those high prices could have been achieved.

It took a whiel untill prices actually reached the bottom. I would say, that this happened aropund 2010/2011. Afterwards they slowly started to work their way up again.   Little by little new promotions appeared again. First only very few but soon more and more. This new beginning also introduced a complete change of building style. Whereas before the Mediterrenean style was absolutely dominant, now the modern clean design conquered the market. 

In Las Ramblas Patrimi began to offer a small Promotion of apartments called Danubio.  This was built on a newly released plot in a privileged position on the highest point of Las Ramblas. It was the start of the new residential area called "El Farallon" with properties in modern design only. The Danubios are a modernized version of the before mentioned Tudemir apartments and are located to the left of the entrance of El Farallon. The next step was another promotion of Apartments called Sena and  a mixture of apartments and townhouses in the center part called Los Lagos. As sales increased again Sena II soon followed together with the first block of the so called Loira promotion just opposite the Danubios.

Loira Block two and three finally completed the residrential promotions in El Farrallon, with building works finishing in 2018. 

There are still some view residential plots left in Las Ramblas, but since 2018 we have not seen any further promotions being released in Las Ramblas. 

We are hearing, that Trivee plans to start to build on a small hill at the very and of Altamira in the near future. However no derails have benn released yet.

 

 

 

 

 

 

 

 

The beauty of the golf courses in this area is the different challenges they present. No two are in anyway alike.

Villamartin Golf.

Villmartin is the original golf course in the area. In 1994 it hosted the Mediterranean open. Jose Maria Olazabal came out victor after a playoff finish. It offers golf for all standards, every club in the bag will be needed at some stage. It is 6005 meters off the white tees PAR 72.  It is still a fair challenge to the ladies at roughly 1000 meters less off the reds, definitely worth a visit. My personal favorite hole is the 17th a long par 3 with a fantastic two tier green.

Las Ramblas Golf.

There is so much that could be said about Las Ramblas Golf. The fact that it could be built in the location with so many ravines and hilly slopes is quite an achievement. Far tougher than Villamartin I would suggest playing it first time with someone who knows the course and can give sound advice. Good club selection and a straight aim are required to master this challenge. 

Campoamor Golf

Now for something different:  If you are like me a long hitter but not the straightest, Campoamor is a great place to enjoy a round. Much more of a parkland course, but don´t think it is an easy ride as the greens are hard to hit and 3 putting is an easy hobby to start on the lightning surface.

Campoamor Golf also has a Hotel on site along with football pitches, tennis courts, Padel courts, Wellness centre and a whole lot more.

Colinas Golf and Country Club

Probably the top golf course in the area: Situated just out the back of Campoamor Golf on the road to San Miguel de Salinas is a fantastic new course surrounded by breathtaking countryside. When playing the course the hills around give the feeling of seclusion. The sand and water hazards can make you think twice about being brave.

Golf Properties for sale:

Depending on budget and criteria, there are many properties available on the golf developments, ranging from an apartment on Campoamor golf starting at around 80,000 euros (some bank repossessions), up to a frontline villa on a large plot with private pool and good location costing closer to 800,000 euros, with townhouses and Penthouses also available in various price brackets. 

Purchasing Costs:

When purchasing a property in Spain there will be costs that need to be considered. Both on new and resale properties the tax rate stands at 10%. On top of this there will be notary charges, land registration and we advise you have a lawyer. I cannot give you an exact amount but 13% should be enough to cover everything with no surprises (cost of lawyers vary). If you intend to get a mortgage in Spain, this will inflate the cost, as there will be a startup cost and extra notary charges.

About Magellan Properties

Please let me start by introducing Magellan. 

Magellan was founded in 1999 and has flourished to this present day selling both resale and new properties mainly in the south of Spain´s Costa Blanca. 

The current directors are Erik Fliedl and Alex Newman.

Erik Fliedl was a co founder of the company in 1999 and Alex Newman was also linked to the Magellan almost from its very beginning.

Our aim at Magellan is to find the right property in a budget you can afford. 

In the past few years the market has started to really move and new developments have been starting up with modern design housing. This new style has proved to be very popular with many projects selling long before completion of the building.  There are still a few bargains around but for how long I can´t answer.

We specialize and have a vast selection of properties for sale in Las Ramblas Golf. We find this very popular with both golfers and non-golfers. The reason is even if you are not a golf fan the houses on this development are of high quality with marble floors and bathrooms. Plus the location is hard to beat as the shops and beaches are only a short drive away. It is very hard to find anywhere in Spain this close to the coast with so much green area and nature on hand. If you fancy a lazy day by the pool, Las Ramblas has extremely nice community areas which are seldom busy. 

Patrimi is the main builder on this urbanization and new promotions are being released on a plot with good views of green zones. It is possible to reserve a new modern apartment with a 40% payment and pay the rest when the property has been fully completed. If you decide to go down this route Magellan will make this a very easy process and take the stress out of buying. We promise to send photos of progress throughout the various building phases of your new home. If you would like us to we can give you details of many lawyers known to us or you are free to find your own. We don´t believe in, in house lawyers as the lawyer should be working for your interest only and be independent of our company.  We will still be around after you have moved in your property.  To give you advice on anything you may need. You can be confident that you have a contact in us who can arrange anything you require.   

 

Trivee:

You will also find Trivee properties on our website. They are building new modern promotions in and around the Villamartin area. Recently they were very successful with a beach apartment project in Cabo Roig. They are now branching out with a new beach project well under way in Mil Palmeras. Closer to the golf they are now building low level apartments all with spacious terraces for good outside living. They like Patrimi have plots in key locations.