Buying an apartment on Terrazas de las Torre Golf Resort

Hi Everyone.....me again!

Can anyone throw some light on what a north facing apartment means in Murcia?  I know in England it means absolutely no sunshine in your back garden from mid day onwards.  I know this is probably a stupid sounding question but hey, no more so than the others you have all helped me with.

polly

It means pretyty much the same in Spain depending on the time of year an how high the sun is in the sky

Thanks Roy.  Thought as much but thought I would double check!

Personally being a red head I prefer shade - especially in the heat of summer.  If you are looking at a penthouse style a north facing apartment will have some outside space on the south also - all be it in an access route.  We often sit at the rear of ours in the evenings when we are out as no one is generally around on our landing.  It's worth checking out 

Tina and Gary 

Hello everyone, Im a newbie to this forum and hope you can advise the Mr and me.   We keep coming across Torre in our searches for our Hopefully spanish home.  We are a middle aged couple  looking for a long term investment/home for just ours and our families use.  We are after a two bed apartment with a balcony or terrace and use of a communal pool.  These apartments just seem to good to be true ?? are they??  Can someone advise that apart from the cost to purchase and taxes and notarys/solictors fees what else should we be aware of?  What are the running cost per month ie utilities and community fees?  what do the apartments come with I see some are missing ovens etc?  but also hear mention light fittings?  Is it better to buy a new one or a preowned one?  are they any blocks to avoid?  does anyone have a map of the site?  How many people live on the site permenatly and how many are owned?  how far are bars shops restaurants from the resort?  Is it expensive in the nearest town?  How do you deal with closing up your apartments whenyou arent here do they get checked on?    We are due out in January flights booked and an agent is taking us to here.  Is there any questions I should be asking?  We have started the NIE process and have the Notary/solicitor all sorted with POA.  We are so keen to buy as love spain, hope you can help us any information would be most gratefully recieved. sorry if we are asking novice questions but this will be such  alot of money for us that we would really appreciate advice.   Best wishes to you all M

Hi there and welcome to the forum 

Firstly Terrazas De Le Torre is cheap to buy due to the fact the infrastructure for the new build apartments being built before the crash meaning that the developer can finish them off at a lower cost than building from scratch.  The resort was also hit hard by the crash meaning the banks now own a large volume of the apartments here.  Both these factors are currently keeping the prices artificially low, but they will go up in the long term.

The resort has a number of communal pools and is kept emaculately maintained - and obviously residents pay for this - community fees vary dependant on size of plot but I think range from 80€-120€ per month.  The apartments use electric only but be aware that electric and water is expensive in Spain.  If you want wifi and English language TV factor in another 27€ ish a month.

The resort has its own Spar shop with limited stock and a clubhouse bar and restaurant - although in the winter this is only open 8am to 6pm.  We are five mins drive from the Town of Roldan a traditional Spanish town with a variety of bars and restaurants all at low non touristy prices.  There is also the sister resort, Le Torre 5 mins away with a much better Spar and a couple of bars and restuarants open all year round and many more in the summer.

Whether new builds cost more to buy as the tax is slightly higher, although always nice to get a brand new property! There are  some good buys second hand some of which will come fully furnished.  Bank properties are good value too. Don't worry to much about missing fixtures and fittings - we brought our property from the bank and it was missing the oven and light fittings which we simply had fitted for us as part of a furniture pack deal.  The estate agents will no doubt be able to suggest places to go to arrange this.

i hope I have answered some of your questions at least.  But just to summarise Terrazas is a great long term investment and a lovely place to spend relaxing time right now.  The golf course is very popular so not likely to close.  Beware of the cheaper resorts where the courses no longer operate.  Enjoy your trip 

Oh almost forgot - we pay less than 200€ a year for a keyholder who does monthly checks on our property which I would really recommend 

Tina and Gary 

Thank you so much - this sounds really positive so I am really pleased we will be coming over in January.  Anything else you can think of please let me know

Marisa