Area:ALMERIA, COSTA DE ALMERIA
Investor Profile:Retirement, Worker, Holiday, Business
Category:C
Population:

 

TotalBritish
160,0003,000
Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

1172030221620
Proximity to:AirportBeachNearest City
6 miles (Almeria)0.25 milesAlmeria
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
006
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
217
Shopping:No. of Shopping CentresNo. of Markets
24
Restaurants and bars:Many bars and expensive restaurants. International food widely available. Local speciality is fish and seafood. Many grill bars and also many wine bars serving the region’s local wine.
Sports and leisure facilities:Deep-sea diving, sport-fishing, jet-skiing, water-skiing, sailing, windsurfing. 7 yacht clubs. 4 golf courses. Fishing port. Public and private tennis courts. 5 horse riding centres. Also parachuting, mountain-biking and rock-climbing clubs. 3 parks: Cabo de Gata park east of city with quiet beaches and coves, Sierra Nevada park with year-round snow and Sierra Maria Los-Velez park to the north of the city with castle and caves. Albufera of Adra natural reserve. La Envia golf course in Sierra de Gador behind city. 3 historical museums displaying local Roman and Iberian remains.
Transport:Public TransportRoads
Trains from Granada, Barcelona, Seville, Cadiz and Madrid. Limited bus service from Granada, Malaga and Murcia.N-340 from Costa del Sol/Malaga. N-324 motorway from Granada.
Crime rate:Low
Main types of employmentAgriculture and tourism.
Future plans:New sports facilities (for the forthcoming Mediterranean Games in 2005). More golf courses. More tourist complexes.
Yield range9.3% - 10.9%
Type of propertyEntry PriceRent-

School Holiday Peak

Rent-

Peak

Rent-

Off Peak

Average Annual Yield
2 bed apartment12020257546027610.9%
3 bed apartment15025369055233110.5%
3 bed townhouse2253799207364429.3%
Villa264444120896658010.4%
Demand for lettingSchool Holiday PeakPeakOff peak
MedMedLow
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
734
Flights scheduled from:Gatwick, Heathrow, Luton, Stansted, Bristol, Cardiff, Birmingham, East Midlands, Newcastle, Teesside, Liverpool, Manchester, Leeds/Bradford, Glasgow, Inverness, Belfast International, Dublin
Typical cost of flights:School Holiday PeakPeakOff Peak
£259-828£192-613£144-460
Operators:Iberia, BA, BMI, European Air Charter, Thomas Cook, Monarch, Air 2000, Britannia Airways, Excel Airways, My Travel
Description:The city of Almeria is situated on the south east coast of Spain, bordering with the provinces of Granada and Murcia, with its coast lying between Costa Blanca and Costa del Sol.  Almeria city has a preserved Moorish heritage with a Moorish fortress and old gypsy quarter. Other monuments include the Alcazabar and the cathedral.

There is a big local African population and this is apparent from some of the shops and restaurants here.  Almeria is a wealthy area with a high cost of living so be prepared.  One thing to note is that property is on the whole cheaper than on the Costa del Sol but the prices are expected to rise.  The higher cost of living acts as a barrier to ownership.  Hopefully with time the property prices and cost of living will harmonise with the rest of the Costa del Sol resulting in capital growth and a cheaper cost of living.

The climate gets very hot in the summer being one of its main attractions.  As a result the tourism sector is set to expand as well as the facilities.  Several sport centres are being built to cater for the forthcoming 2005 games so inward investment is high.  If you want to benefit from this then buy when it is currently cheap – like now!

Hot Website:http://www.almeria-turismo.org/
Estate Agents:NameAddressTelWeb
 Alfos Promociones Inmobiliarios S.L.Tony Buckland
62-65 Trafalgar Square, 5th Floor
LONDON WC2N 5DY
U.K.
Tel. 0207 925 1661
Fax: 02079251881
http://www.aifos.es/

Email:london@aifos.com

 AlmerisolAvenida Mediterraneo 99, 04740 Roquetas de Mar, Almeria, SpainTel: 0034 9 50 33 36 80

Fax: 0034 9 50 33 36 80

Not disclosed
 Casas AlmeriaUrb. Costa Fleming, 04600 Huercal Overa, AlmeriaTel: 0034 6 36 10 12 08

Fax: 0034 9 50 13 44 34

Not disclosed
 Inversiones Cellton S.L.Calle San Pedro 4 Bajo, El Contador
Almeria
tel: 0034 950413441website: http://www.spanishmedproperty.com

email: cellton@teleline.es

Letting Agents: NameAddress TelWeb
 Procosona s.l.Ctra Estación, 7 Bajo
Albox, Almeria
tel: 0034 950431680
fax: 0034 950431680
website: http://www.procosona.com email: info@procosona.com
 cristinasc/Ramon y Cajal no 9-local2
almeria
tel: 0034 6272 83204
fax: 0034 9506 33123
email: spanishhomes8@hotmail.com
 Almeria In The SunJose Jerez, Cabrera Sales Office, Cortijo Cabrera, Aptdo. Correos 17, Almeria01708 721919/ 01708 374467enquiries@almeriainthesun.com
 MEDITERRA INMOBILIARIA -Dársena 1 - Local 3
Pto. Deportivo - Almerimar - 04700 - El Ejido - Almería
Tel/Fax 0034 950 49 79 60http://www.mediterraspain.com/

E-mail: info@mediterraspain.com