Bank bargains in Timeless Torremendo €45,000
Costa Blanca south
Bank bargains in Timeless Torremendo €45,000 :: Brand new apartments with communal pool in a well located town between golden beaches and verdant mountain forests where eagles fly and wildcats roam. Released by Spain’s Sareb bank at crazy prices to tempt international buyers.
Area (M 2)
We have a good selection of bright and light 2-bed, 2-bath apartments, including penthouses with rooftop solarium, shower and barbeque at prices from €45,000 to €52,500. The development, Urbanization Mirador 1, has been built high above the lush Vega Baja plains, close to the Sierra Escalona
These homes are located in Torremendo close to Orihuela, a cultural city with many amenities. There is easy access to beaches of Orihuela Costa and many outdoor activities of the countryside. Urbanization Mirador I home owners share a nice communal area with swimming pool, an ideal place to rest and enjoy your free time.
For buyers planning retirement in Spain, these apartments will take some beating for location, price and running costs. Buy now and rent out until you need it fulltime? It is unlikely there will be anything else similar at these prices in the future – construction costs have risen dramatically since 2007. Investors can get a decent return in line with Spain’s expanding agri-tourism sector.
Torremendo is a timeless Spanish village where 39% of dwellings are second homes and 18% of residents are ex-pats, mainly German and British. They have been attracted by the tranquil location that includes large lakes and forests of the Sierra Escalona. They like the fishin’, huntin’ and the relaxin’ outdoors atmosphere.
All the necessary amenities like shops, bars, restaurants, banks and medical facilities can be found in Torremendo. Everything you need for fulltime living or holidays. Foreign property buyers, seeking a Real Spain place in the sun, have now bought up many of recent property offerings in Torremendo – much of it in small residential blocks like Mirador 1.
Walker Property Spain has other bank-owned bargains and resales in this location, priced up to €1M.
The area is acclaimed for its wildlife, including rare migrating birds and Spain’s greatest concentration of wild cats. The high concentration of eagle owls allows many sightings. There are breeding pairs of Bonelli’s Eagle and Golden Eagle. Walk-to lakes offer many opportunities for serious anglers.
Torremendo’s ex-pats from Northern Europe love the mild year-round climate, local amenities that includes bars and restaurants, banks, post office and medical facilities to be found in Orihuela, a cultural city just 20 minutes away. The famous resorts of Orihuela Costa can be reached in 25 minutes and the international airports of Alicante and Murcia in 30 minutes.