Aquarius Properties

Spa Valley II

Ref: 27043

Type: Apartment (New, Offplan)

Location: Archena, Murcia, Spain

Price: 161000 to 205000 EUR (161000 to 205000 EUR)

Size: 68 m2 to 80m2

Recommended, spa, investment, buy to let, lifestyle, portfolio

Pool
Garage
Terrace
Solarium
Air Conditioning

Distance to beach: Beach only 30 minutes away.
Distance to golf course: Golf course only 15 minutes away.
Distance to airport: 80 kms from Alicante Airport and 20 minutes drive to Murcia airport.
Distance to town: Only 20 minutes from Murcia.

One of the most unique developments in Spain, due to the success of Spa Valley I Aquarius Properties Abroad is launching SPA VALLEY II. For those who want to live among the Spanish people and enjoy the country life and yet be very close to the airport and the main highways this is the property of their dreams.

The aim of this residential complex in Southern Spain is to make state-of-the-art living homes with a luxury standard, suitable for family living and benefiting from the splendid weather but also with outstanding service, like medical, physiotherapy, 24 hours care watch, etc. Purchasers will receive a discount on the use of the spa facilities. Owners of Spa Valley II will also be entitled to membership of the Social Club which has 2 tennis courts, 2 paddles tennis courts, a café with a large terrace with views to the valley. The four stories - two building residential complex will have a nicely designed architecture which will be integrated on the magnificent environment of the area.

180 Luxury Apartments being built. There are 2 Blocks available with 88 apartments. In block 3 there are only 2 Bedroom apartments. There are 4 floors, with 12 apartments on each one and a ground floor with only 6 apartments. Apartments have from 62 m2 with terraces from 8,48 to 75 m2. Block 4 has 4 floors, of 1 bedroom apartments. They are from 34 m2 with terraces from 8,48 to 85m2. As well as in block 3, on the top floor, all the apartments are átic with a solarium. This is one of the most interesting and exciting projects to come on the market in Spain for some time. It is a wonderful resort, which offers lifestyle facilities for all the family and unique in that it also offers the facility of one of the best spas in Spain. The surrounding countryside is there to explore and enjoy with many lovely traditional villages that the tourist never sees when visiting coastal Spain. For golf lovers, you have the wonderful Altorreal Golf Club only 15 km away designed by Dave Thomas and planning permission has been received for three more golf course in the area. What more could you ask for!

Rental info for Spa Valley II

The following figures have been supplied to the developer from an independent marketing company and are based on Spa Valley I.

There are three hotels, two four star, and one 3 star hotel, with 550 beds in total. The Archena Spa is building new pools, and other services, but the hotels will continue with the same number of beds, so it is logical to think that it will be necessary to have more places where visitors can stay in the area.

They also studied different accommodation, like the hotels of the Archena Spa: there you can find a individual room from €61 to €77, a double room from €88 to €114, a double room (suite) from €130, and a double room with terrace from €95. They have an occupation of the 80% during the year and the business is growing (more or less, with high season and low season).

The gross rental yield is high because the Spa is busy all year round. According to the official figures from the Murcia Tourist Board 4,572 people visited the Balnearios in the year up to April 2006 and stayed for an average of 4.25 nights. According to the statistics they had an occupancy rate of 59.89%. The average rate for a room is between €75 and €130 per night. This should give owners of Spa Valley apartments who rent their apartments a high rental Yield. There is a large amount of Spanish Tourism to the area, therefore you are less dependant on Northern Europeans to rent out your property. When the new airport is opened and operational this should also increase the rentals from present levels. There will be a management company on site to help you rent your apartment. They will charge about 30% of your apartments rental income. This will include maintenance, cleaning and laundry.

Daily rental on 1 bed apartment: €75-90 Euros per day approx (depending on season)

Daily rental on 2 bed apt: €100-130 Euros per day approx (depending on season)

Approx rental days est : 180 per year ( discounting the occupancy above of 59.89%)

Approx gross rent on 2 bed apt: €20,700 Euros (180 days @ 115 euros per day)

In Spa Valley I, 34% of the development has been sold to non Spanish nationalities and the balance to the Spanish.

Note: The above figures are only broad guidelines based on information supplied to us and are not estimates.

Location

Ricote Valley, Archena (Murcia) - South to east of Spain.

In the Ricote Valley (Region of Murcia, Spain), on a privileged area surrounded by green mountains, the Segura river and nature, including all the services, nearby the Archena beautiful town, and the world re-known Archena Spa within a nice five minutes walk, and golf courses 15 minutes away.

Living in a natural environment, with all the necessary services, being a 5 minutes walk from the Archena Spa, and with other major attractions like golf (15 Km away, 9 miles), the beach (30 minutes drive) and an airport that will be at a 20 minutes drive, make Spa Valley an ideal place to live or spend long periods of time.

How to get there

By road:

• From Madrid: N-111 to Albacete (highway), N-301 towards Murcia (highway), turn off for Archena at km 373 (3 hours by car).
• From Barcelona: A7 to Murcia (highway), N-301 Murcia-Albacete (highway), turn off for Archena at km 373 (4,5 hours by car).

• Archena or Murcia station, several fast trains a day from Madrid and Barcelona
• High speed train (in project), 2 hours from Madrid, 1 hour from Valencia.

• Alicante International Airport, 80 km (50 miles) from Archena by highway,
• San Javier Airport, 50 Km (30 miles) from Archena by highway
• Murcia (Corvera) Airport (in construction), 20 Km (12 miles) from Archena by highway.

The Environment

The interior of the Murcia Region is ideal for those in search of relaxation, nature, sport and good food. The mountains here are full of wild game and woodland, and crowned with castles, fortresses, hermitages and convents. Stories and ancient legends enshroud these evocative, welcoming parts, inviting you with their robust, tasty cuisine to enjoy a few days' relaxation in the fresh country air.

Following the course of the river Segura from Archena we enter the Moorish valley of Ricote, one of the most beautiful spots in the region. Archena, famous for its Hot Springs, gives way to Villanueva, Ulea and Ojós, immersed in a sea of lemon groves. Beyond these villages the mountains enclose the Ricote valley with Blanca, crowned by a black crag, situated in the centre. It is worth going as far as Abarán in order to contemplate a beautiful view of the whole valley from the panoramic bay window at the Hermitage. Cieza harbours the most important Arab remains in the region, the city of Medina Siyasa. At the foot of the Sierra del Almorchón we find the canyon of the Almadenes, a striking natural furrow that closes the valley.

The climate and temperature are an invitation to sunbathe, have a swim in the hot-spring water swimming pool or simply to stroll about the gardens on the bank of the River Segura.

The luxuriant vegetation made up of palm, orange, and lemon trees and tropical plants along with the colours of the flowers create a cheerful and relaxing atmosphere.

The Ricote Valley was the last Moorish redoubt in Spanish Levante. This is one of the most beautiful and undiscovered parts of the fertile irrigated plains around the River Segura. The towns of Ricote, Ojós, Abarán, Blanca, Ulea, Villanueva del Segura and Archena, surrounded by fruit and citrus orchards, transport us to an ideal world. A fertile plain that clings to its Arab heritage, as shown by the numerous remains from this period, including its irrigation systems.

Ricote maintains a rich gastronomical tradition in which the local wine is the protagonist. Blanca has retained its legacy as a producer of esparto grass. In Abarán, visitors can follow a route that will lead them to four of the many waterwheels, or "ñoras" as they are known in the area, which transport water from the river to irrigate the most distant plains. From this area the landscape changes and we enter a more open area famous for its fruit orchards, particularly peach, and its contrasting landscapes, making it particularly attractive for engaging in sports such as hiking, BTT or rock climbing. Other open-air sports that can be pursued here include rafting on the River Segura or horse-riding along routes offered by various horse riding centres.

The City of Archena

Watered by the river Segura, Archena is a fertile agricultural settlement at the lower end of the Ricote valley. Considered as the region's oasis, views are dominated by the rugged nearby mountains.

The history of Archena dates from Iberian times and it has archaeological remains including the Warriors Vase, now in the National Archaeological Museum. Many historians place the origins of Archena in 234 BC, during Carthaginian control of the area. The present site, however, is of Roman Origin as is the name for the town. After the Reconquest Archena passed into the hands of the Order of St John the Baptist until the 19th century, evidence of which is to be found in the church dedicated to the saint.

Its excellent spa baths, in use since Roman times, rounds off Archena's charm. The waters that spring from the ground at 50ºC have healing properties and can be experience at leisure in the spa complex, which offers a wide range of other services. The church dedicated to La Virgen de la Salud (Our Lady of Good Health), the patron saint of Archena, stands within the grounds of the spa complex and is also one of the town's visitor attractions.

The Archena Spa

Archena Spa's history goes back to antiquity and has romantic flavour to it. The signs are that the first to make use of the hot-spring waters were the Iberians settled in Archena from about the fifth century BC. Research has shown that this was a vigorous settlement, an obligatory call on the trading route inland towards Cástulo, the capital of Turdetania.

Once the Romans had discovered the hot-spring waters at Archena - which may have been used by the indigenous population since time immemorial - they decided to build hot baths, for which they would have needed the more or less friendly co-operation of the Iberian villages in the area. It is even possible that the site where the Spa currently stands was inhabited by a tribe (the place would have been very well-suited for it).

What is the source of Archena Spa's renown and the international recognition it has earned from doctors and scientists? Primarily, the valuable healing, soothing, and anti-catarrhal properties of the waters classified as rich in calcium, sodium, chloride and sulphur, with abundant hydrogen sulphide, which rise at a temperature of 52ºC and are used for a wide range of inhalant treatments and balneotherapy, especially applications of hot mud. An excellent natural remedy for the treatment of the bronchial tubes, the nose, the throat, the skin and the motor system, the waters rich in calcium, sodium, chloride and sulphur constitute a toxic-free, efficient and healthy treatment to combat numerous variously chronic ailments that are due to environmental factors or organic deficiencies, including children's disorders: from bronchitis and laryngopharyngitis to various forms of rhinitis and sinusitis. Along with our mud applications, the hot springs constitute the chief remedy against arthritic disorders and rheumatic illnesses, while balneotherapy is a valuable aid in cases which also require post-traumatic or postoperative motor rehabilitation.

Another reason for Archena Spa's well-deserved renown lies in the quality of its medical and paramedical services: a team made up of medical specialists in hydrology will constantly look after your health, adapting and personalising treatment to each case, patient by patient.

In the Archena Spa there is also a team of physiotherapists, fully equipped to apply all the various techniques. We consider that physiotherapy is an ideal complementary treatment for certain conditions.

Thanks to constant efforts to fit out and update the equipment and facilities at Archena Spa, the hot-springs complex is currently a large and modern health centre, a front-runner both in Spain and in Europe, with magnificent hot-springs facilities and three hotels with direct access to the hot springs.

Medical treatments available in the Archena Spa:

Sport activities: Golf

The Altorreal Golf Club is the first golf course in the Murcia Region located inland, just a few miles from the city and with excellent communication by road. This magnificent design by Dave Thomas features an official 18-hole par-72 course, 6.239 meters long (20.469 feet), with 6 lake areas and a practice area including putting green, bunker and green for practising approach shots.

The Altorreal Golf club is located at a 20 minutes drive from Spa Valley in Archena, by highway. Taxi service is available. No. Of holes: 18 Par: 72

Common Plot Areas

• Two exterior swimming-pools, one for children and another one for adults forming a beach in one of its sides and surrounded by wide covered and semi covered areas (Fretwork pergolas) with access through staircases and ramps on the beach zone. A third covered and climatized swimming pool to enjoy all along the year provided with special access for disabled people. The covered swimming pool is placed on a spa area with different types of waterfalls and collective Jacuzzis. The two swimming pools for adults are of different depth.
• Water-treatment plant.
• Shower facilities.
• There are two more separated zones in the spa by transparent panelling; the first one is designated to a gym for the practise of aerobic exercises as well as a cardiovascular zone equipped with fitness and exercise machines. A consulting room with a physiotherapist doctor.
• Sauna and shower.
• Pitch-and-putt, a closed area for golf training.
• Crown green bowling, a closed area with perfect measurements for the practise of the game.
• Playground for children, properly designed.
• Reading area with benches and pergolas for sun protection.
• In between these areas, there is a site landscape with trees that form walkways and help to filter the sounds from the swimming pools.
• All homes have a parking space with adjoining private storage area, with a surface area of approximately six square metres.

Other information

• The developer owns the Land and the building licence is in place.
• There will be management and rental services available on site.
• These apartments should have good rental possibilities being so close to the Spa with a shuttle service available for guests.
• There are 3 hotels there at present, which are extremely busy all year around, and there are no apartments like these so close to the Spa.
• The apartments are at pre launch prices and are selling very quickly off plan.

Completion Details

December 2007.

Payment Schedule

• Booking: 3.000 € + VAT
• Contract: 10% + VAT - booking
• Stage payments: 10% + VAT/ x month Dec'07
• Deed: 80%

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