The Fuentes Almuñecar development is a collection of 184 homes in the hills above the coastal town of Almuñécar.

With property prices starting at just €160,000, the Fuentes de Almuñécar development offers exceptionally good value and a variety of high quality homes.

It is situated on elevated terrain by the village of Almuñécar and offers exceptional views of the Mediterranean and the Granada countryside. The designers and architects have integrated the architecture into the landscape by adapting structures to the outline of the terrain, placing homes at intervals, and creating numerous gardens and wooded areas as well as an innovative network of fountains, streams and waterfalls.

The development also has two large swimming pools, a brimming one that extends visually out into the sea and a panoramic one that also offers spectacular views. The planning restrictions in this area mean that it is unlikely that similar ownership opportunities will arise in the future. Delivery of initial units is scheduled for mid 2004 and a bank guarantee of completion of works is provided by the developer.

Almuñecar has an exceptional microclimate with mild temperatures during winter and summer. It is the perfect location offering a unique combination of Mediterranean lifestyle, beautiful beaches and unspoiled countryside together with various sporting pursuits including scuba diving and skiing.

Fuentes de Almuñécar offers various types of homes, allowing you to choose the model best suited to your needs and to those of your family. The homes are arranged in three residential areas spread out over the summit and along the side of a beautiful hill.

El Balcón
This collection of homes offers exceptional panoramic views towards Motril, Salobreña and the coast. It contains groups of 4 to 8 homes and is surrounded by gardens and waterfalls. The development comprises 86 two, three and four-bedroom homes.

El Mirador
Featuring modern apartments with commanding views of a spectacular three hundred degree landscape. The development comprises a total of 49 apartments, from 75 to 85 m2 all with two bedrooms, a terrace, and, in most cases, a private garden.

La Plaza
This development features 28 two-storey homes, each with two bedrooms and between 80 and 100 m2. These homes are arranged around a central pedestrian square, and also feature extensive underground parking.

Price guideline
Apartments: from € 160.000
2 bed homes: from € 208.000
3 bedrooms: from € 222.400
4 bedrooms: from € 235.400

Payment installments
6,000 € upon signature of preliminary sales contract 25% upon signature of the private purchase and sales agreement
75% upon the signature of the public deed
80% mortgages at preferential rates are available through Caja de Ahorros de Granada

Additional Fees
Value Added Tax - For a newly built property the applicable tax is 7%.

Development details
Total Surface for Building - 31,087 m2
Surface for Public Use - 24,630 m2
Total residential Units - 184
Total plot - 74,074 m2


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