Villamartin Hills - Alicante Province - Costa Blanca
The Location
The development is situated within a quiet residential area on the outskirts of San Miguel. It is within 40 minutes of Alicante Airport and 25 minutes of Murcia Airport, and is a short distance south of the coastal town of Torrevieja. It is only 5 minutes drive into the town centre of San Miguel as well as the old town centre and port area of Torrevieja, with its wonderful shops, restaurants and beautiful beaches. It is also only 30 minutes from the beautiful city of Murcia.
The Development Itself
An exclusive complex for persons of generally 55 years and over, consisting of 68 two bedroom luxury apartments either ground floor with garden or first floor with solarium, all with air conditioning and under-floor heating, together with ancillary facilities on site.
Set in a secure, gated and quiet environment with a beautiful outlook, the complex is close to the towns of san Miguel, Torrevieja and VillaMartin. It is the only development of its kind at present in the area and is laid out conveniently. With wonderful open countryside close by and also being situated close to all local amenities, it is the ideal retirement haven. There are three golf courses nearby and an international bowling green within walking distance.
Facilities & Amenities
The complex will contain several facilities including 24hr emergency cover (plus off and onsite care support), 24hr security, restaurant and bar, 24hr reception, plus indoor covered swimming pool. There will also be a communal centre with some commercial facilities including a fitness room and a hair and beauty salon.
This development is being constructed now and will be followed by similar developments built by the same company in other locations. Should you be interested to learn more about these projects, please contact us in the first instance. This is one of many unique enterprises being promoted by KEI Homes, and due to popular demand for this smaller “limited property” type of complex, KEI Homes not only anticipate a chain of similar projects being constructed in strategic areas along or near to Spain’s coastline, but also intend to develop their own range of smaller complexes consisting of anything between fifty to one hundred and fifty dwellings together with facilities which although basic, will still offer essentials like security, medical cover, restaurant/cafe/bar, indoor & outdoor swimming pools and some recreational facilities etc.
Purchase Options
Life Interest options are available with purchase price paid back on departure or death. Prices start from 164,000euros, (Approximately £160,860) plus a non refundable admission fee of 15,000euros, (Approximately £13,350) 'click here to see the kei-homes special payment option'
The life interest plan gives one the right to live independently on the development. The private contract issued will enable the purchaser to have exclusive rights to a property of their choosing for as long as they so require, i.e. their lifetime. With this if need be, residents will also have the right to sell their lease back to the company on their departure. Upon their death, the refund will be passed over to their inheritors. (Based upon approval by the company).
Payment Terms
3,000€ reservation, 15% of property price after 1 month plus 12,000€ admin fee, 25% after a further 4 months and final payment upon completion.
Service charges
(Estimated to be approximately 215€ per month for a single person and 250€ for a couple)