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Alegria X is a new, modern apartment building being built in the center of Torrevieja. The building will consist of 49 apartments, garage, playground for children, a communal pool area and a Finnish sauna.

Las Salinas is a new development of 2 and 3 bedroom Duplexes and Bungalows in the hills of San Miguel de Salinas with fantastic views over the salt lakes, orange groves, and the coastal towns. The development will be completed in March 2017. The residential area will consist of duplexes and Bungalows, a communal pool area, and a parking area.

New development in the coastal town of La Marina south of Alicante on Costa Blanca. This residential community will have 51 bungalows on three levels and a communal swimming-pool. The homes are bungalows with all living areas on one level. The homes will have two or three bedrooms, an open kitchen facing a living room, and a terrace. The ground floor apartments will have a private yard. Some of the second-floor apartments will have a private roof-top terrace.

The Residencial La Luna III consists of bungalows and duplexes. The duplexes have three bedrooms, three bathrooms, an open kitchen, a living-room, a yard, a terrace on the second floor, and a roof-top terrace. The bungalows have two bedrooms, two bathrooms, a yard (ground level apartments) or a roof-top terrace (upper-level apartments).

New development in the Villamartin area of Orihuela Costa, south of Torrevieja. Four houses in four levels will be built, totalling 32 apartments. The development will be completed in June 2017. The apartments have 2-3 bedrooms and two bathrooms. The master bedroom has an ensuite bathroom. The centre of the home is the open kitchen and living room that connects to a terrace/balcony. Ground level apartments also have a yard. Penthouse apartments have a 40m2 private roof-top terrace.

Finestrat Hills is a new development in the town of Finestrat overlooking Benidorm's skyscrapers and the Mediterranean Sea. This quiet community will consist of 40 semi-detached three and four bedroom villas with private gardens, own pools and roof top terraces. The yards have ample space for parking. The development is in the hills below the town of Finestrat overlooking the Benidorm skyline and the Mediterranean Sea. Driving time to Benidorm is about 10 minutes and to the Alicante airport approximately 20 minutes.

Residencial Azalea II is a small high-end development of 18 independent five bedroom villas in the Aguas Nuevas district of Torrevieja. The homes have on the first floor an open kitchen, a dining- / living room, a bathroom, and one bedroom. On the second floor two more bedrooms with one bathroom and a 23m2 terrace from which access to a 41m2 roof-top terrace. The houses have a large basement with two more bedrooms and secondary living room or TV-room. The basement has ceiling windows which make the space light. Total built area 112m2.

Oasis Beach X is a new development in El Raso about 5 minutes drive inland from the coastal town of Guardamar del Segura. The development will have 114 bungalow apartments with either two or three bedrooms. The apartment complex will have a shared pool, a children's area, and a spa. Each apartment comes with a parking space. The bungalows will be in either two or three floors, with the ground floor bungalow having a yard and the top floor bungalow having a roof-top terrace.

Will you be visiting Torrevieja or the neighbouring areas? Are you considering buying a home or investing in property in Spain within the coming year?

If so, why not let us show you a few residential areas and newly built, upscale, modern homes? Seeing things on the spot and talking with experts can help to clarify your plans and needs. We can also find out for you in advance your financing options with the local banks.

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Financing a Property in Spain

When considering the purchase of property in Spain, it is worth doing research on the different financing options. For instance, many banks do not accept property located in another country as collateral for loans. This leaves a buyer looking for financing with two alternatives: a loan from a bank in the country of residence with local collateral, or a loan from Spain where the property being bought is accepted as collateral for the mortgage.

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