CONTENTS: INTRODUCTION - ESTEPONA, COSTA DEL SOL - MARBELLA, COSTA DEL SOL - FUENGIROLA, COSTA DEL SOL - MIJAS - BENALMADENA - TORREMOLINOS, COSTA DEL SOL - MALAGA, COSTA DEL SOL - NERJA, COSTA DEL SOL - BARCELONA, COSTA BRAVA - BLANES, COSTA BRAVA - LLORET DE MAR, COSTA BRAVA - TOSSA DE MAR, COSTA BRAVA - ALMERIA, COSTA DE ALMERIA - ROQUETAS DE MAR, COSTA DE ALMERIA - SALOU, COSTA DORADA - MIAMI PLAYA, COSTA DORADA - CADIZ, COSTA DE LA LUZ - ISLANTILLA, COSTA DE LA LUZ - A CORUNA, GALICIA - SANTANDER, CANTABRIA - SAN SEBASTIAN, BASQUE COUNTRY - JAVEA, COSTA BLANCA - GANDIA, COSTA BLANCA - BENIDORM, COSTA BLANCA - ALICANTE, COSTA BLANCA - TORREVIEJA, COSTA BLANCA - LA MANGA, COSTA BLANCA - ORIHUELA COSTA, COSTA BLANCA - PALMA, MAJORCA - MAGALUF, MAJORCA - ALCUDIA, MAJORCA - MAHON, MENORCA - LOS DELFINES, MENORCA - IBIZA TOWN, IBIZA - SAN ANTONIO, IBIZA - PLAYA D’EN BOSSA, IBIZA - PLAYA DE LAS AMERICAS, TENERIFE - PUERTO DE LA CRUZ, TENERIFE - LOS GIGANTES, TENERIFE - LOS CRISTIANOS, TENERIFE - COSTA DEL SILENCIO, TENERIFE - CALETA DE FUSTE, FUERTEVENTURA - LAS PALMAS, GRAN CANARIA - PLAYA DEL INGLES, GRAN CANARIA - PUERTO DEL CARMEN, LANZAROTE - PLAYA BLANCA, LANZAROTE - LA PALMA, CANARY ISLANDS - LA GOMERA, CANARY ISLANDS - GRANADA, ANDALUSIA - VALENCIA -
| Area: | CALETA DE FUSTE, FUERTEVENTURA | |||||||||||||||||||||
| Investor Profile: | Retirement, Worker, Holiday, Business | |||||||||||||||||||||
| Category: | A | |||||||||||||||||||||
| Population:
| Total | British | ||||||||||||||||||||
| 52,500 | 2000 | |||||||||||||||||||||
| Climate: | Hours of Sunshine Per Day in Summer | Days of Rain Per Year | Average Spring Air Temp. | Average Summer Air Temp. | Average Autumn Air Temp. | Average Winter Air Temp. | Average Water Temp. | |||||||||||||||
| 11 | 41 | 22 | 26 | 25 | 20 | 20 | ||||||||||||||||
| Proximity to: | Airport | Beach | Nearest City | |||||||||||||||||||
| 4 miles (Fuerteventura) | 0.25 miles | 8 miles (Puerto del Rosario) | ||||||||||||||||||||
| Educational facilities: | No. of Universities | No. of International Schools | No. of Private Schools | |||||||||||||||||||
| 0 | 0 | 0 | ||||||||||||||||||||
| Health services: | No. of Public Hospitals | No. of Private Hospitals | No. of Private Clinics | |||||||||||||||||||
| 0 | 0 | 2 | ||||||||||||||||||||
| Shopping: | No. of Shopping Centres | No. of Markets | ||||||||||||||||||||
| 1 | 1 | |||||||||||||||||||||
| Restaurants and bars: | Variety serving both local and international cuisine. | |||||||||||||||||||||
| Sports and leisure facilities: | Mostly water-sports- windsurfing, surfing, sailing, scuba-diving. Also deep-sea fishing opportunities. Tennis clubs. Horse-riding. Jeep safari. Kite surfing. Off road motorbiking. 18 hole golf course. Corralejo National Park. Catamaran excursions (dolphin and whale watching). | |||||||||||||||||||||
| Transport: | Public Transport | Roads | ||||||||||||||||||||
| Frequent bus service to Puerto del Rosario and other main towns on the island. No rail system. | Motorway from Puerto del Rosario and Jandia peninsula in the south. | |||||||||||||||||||||
| Crime rate: | Low | |||||||||||||||||||||
| Main types of employment | Mostly tourist sector- bars, restaurants. | |||||||||||||||||||||
| Future plans: | Public hospital at Puerto del Rosario. Improvement of roads on Jandia Peninsula (south coast). | |||||||||||||||||||||
| Yield range | 13.4% - 15.0% | |||||||||||||||||||||
| Type of property | Entry Price | Rent- School Holiday Peak | Rent- Peak | Rent- Off Peak | Average Annual Yield | |||||||||||||||||
| 2 bed apartment | 123318.2 | 759 | 607 | 364 | 14.0% | |||||||||||||||||
| 3 bed apartment | 147981.8 | 911 | 729 | 437 | 14.0% | |||||||||||||||||
| 3 bed townhouse | 184977.3 | 1214 | 972 | 583 | 15.0% | |||||||||||||||||
| Villa | 271300 | 1594 | 1275 | 765 | 13.4% | |||||||||||||||||
| Demand for letting | School Holiday Peak | Peak | Off peak | |||||||||||||||||||
| High | High | High | ||||||||||||||||||||
| Finance and leisure scores: | Total (out of 10) | Financial (out of 5) | Leisure (out of 5) | |||||||||||||||||||
| 10 | 5 | 5 | ||||||||||||||||||||
| Flights scheduled from: | Gatwick, Heathrow, Luton, Stansted, Bristol, Cardiff, Newquay, Plymouth, Bournemouth, Birmingham, East Midlands, Humberside, Newcastle, Teesside, Blackpool, Isle of Man, Liverpool, Manchester, Aberdeen, Edinburgh, Glasgow, Inverness, Belfast City, Belfast International, Dublin, Shannon, Guernsey, Jersey, Leeds/Bradford | |||||||||||||||||||||
| Typical cost of flights: | School Holiday Peak | Peak | Off Peak | |||||||||||||||||||
| £315-806 | £233-597 | £175-448 | ||||||||||||||||||||
| Operators: | Iberia, BA, SpanAir, Air Europa, Monarch, Thomas Cook, My Travel, Air 2000, Excel Airways, Britannia Airways, Astraeus, LTE International | |||||||||||||||||||||
| Description: | Caleta de Fuste is a modern and developing resort situated on the east coast, south of the capital Puerto del Rosario. The resort is set in a wide bay and is particularly favoured by families and couples. Fuerteventura is the second largest of the Canary Islands and is also one of the sunniest and hottest of the islands. Although resorts can be noisy and busy, the island in general is relatively undeveloped, so is possible to have a relaxing and peaceful holiday. There are many holiday home developments in Caleta de Fuste. Also as the area is currently still quite undeveloped so there is room for capital appreciation. The property market is currently growing at a rate of 20% per year. There is high demand for new properties and prices are rising. Rental rates are quite healthy so yields are too. I’ve given this area 10 out 10 as it has all the facilities and the potential profits! | |||||||||||||||||||||
| Hot Website: | http://www.fuerteventura.com/ | |||||||||||||||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Sunway Fuerteventura | Local Commercial 4, Virgen de Antigua, Poligono 22, 35600 Caleta de Fuste Antigua, Fuerteventura | Tel: 0034 9 28 16 37 57 Fax: 0034 9 28 16 38 11 | Not disclosed | |||||||||||||||||||
| Horizon Property Group S.L.
| Local 14, Calle Isaac Peray, Esquina Garcia Morato, Corralejo 35660 Fuerteventura Spain | Telephone: (00 34) 928 537 464 Facsimile: (00 34) 928 537 437 | http://www.horizonpropertygroup.com/fuerteventura/ E-mail: info@horizon-fuerteventura.com
| |||||||||||||||||||
| Select Resorts Ltd | 2nd Floor 6 Old Generator House Bourne Valley Road Poole Dorset BH12 1DZ | Tel: 0 1202 786490 Fax: 0 1202 763615 | http://www.selectresorts.co.uk/
Email: mail@selectresorts.co.uk | |||||||||||||||||||
| Freedom 4 Sale Spain | Antigua Sala de Proyeccion, Antigua Cine de Teguise, Calle Notes 15, Teguise 35530, Lanazarote | (00 34) 9 28 84 59 44 Fax: (00 34) 9 28 84 59 36 | http://www.freedom4sale.com/
| |||||||||||||||||||
| Letting Agents: | Name | Address | Tel | Web | ||||||||||||||||||
| Horizon Property Group S.L.
| Local 14, Calle Isaac Peray, Esquina Garcia Morato, Corralejo 35660 Fuerteventura Spain | Telephone: (00 34) 928 537 464 Facsimile: (00 34) 928 537 437 | http://www.horizonpropertygroup.com/fuerteventura/ E-mail: info@horizon-fuerteventura.com
| |||||||||||||||||||
| Secret Fuerteventura | Not disclosed | Tel: (00 34) 928 53 84 77 Mobile: 647 561 057 Fax: (00 34) 928 868 578 | Email: lesleygreen@terra.es | |||||||||||||||||||