In 1984 there was a property boom, prices were rising and investors were buying properties and making lots of profit for there investment. It is not surprising that at this time a Spanish construction company had the vision to build properties near the sea front in the popular Spanish town of Los Cristianos. The design was classic, a horseshoe shaped complex situated around a classic figure 8 pool. Large apartments and lots of them had pool and sea views. Paloma beach properties sold fast and it was no surprise. The complex soon had a well ran reception and a very popular pool bar. Snacks were good and the evening menu even better. The proper licence was given to rent your property out. This made Paloma beach properties even more sought after. Paloma beach complex is still as popular as ever. The community is well organised and the money from the community fees is spent wisely on keeping the communal areas in good order, this in turn keeps the value of the properties in Paloma beach and makes a great investment. The occupancy for rental is always very good as Paloma beach is right on the front and on the flat. The pool is heated in winter and the gardens are well maintained. Repeat business is very good and people are known to ask for “their own” particular Paloma beach property year after year.
Today the complex is as popular as ever for rental investment and a nice holiday home on a great complex. Resales of properties in Paloma beach have been very good even in the years that have shown a drop in sales due to recession. The location is great and the complex is very well run and the rental return is great. These are some great reasons to choose a property in Paloma Beach. Properties in Paloma Beach are excellent for rental income and you would expect to have over 40 weeks occupancy. 1 bedroom properties in Paloma Beach can rent out from €225 per week low season, €300 for a high season and over €500 for Christmas and New Year. This is for 2 people sharing. 2 bedroom properties in Paloma beach start at €350 per week low season and €500 for high season. Christmas and new year the prices have a supplement and are from €900 for a family of 4. It is for this reason that properties in Paloma beach maintain a good sales price, why sell your lovely Paloma Beach property when you are getting such a great rental return.
Properties in Paloma beach start at around €130,000 for a 1 bed room apartment depending on condition, position and views.
A 2 bed room property in Paloma Beach would expect to achieve well over €200,000 and the properties on Paloma Beach on the top floor (Penthouse) would start at over €300,000