Chiqui Penthouse B is a 2 bedroom, 2 bathroom Apartment opportunity situated at Mojacar Playa in Almeria.

Chiqui Penthouse B has 81.92 M2 of building on a 81.92 M2 plot.

The current price is € 220,000. This Apartment is currently For Sale.

There are a few things for certain in this life … Taxes, Death and Prices continuing to go up. The best hedge on the roller coaster ride has always been property. And now more than ever before Mediterranean real estate continues to hold it’s value and grow, going up 20% per year (in the last year some 50%).

If you presume that what has happened in Mojacar has been stratospheric in the last few years … you quite honestly have NOT seen anything yet!

New and larger developments are being initiated along with an increase in the infrastructure and social amenities that will drive prices up higher yet. Las Macenas is now taking off with their new Golf Course, Hotels and over 10,000 Apartments, all of which will be selling at 40% more than the present market value! Cortijo Grande Golf has planned to convert from 9 holes to 36 and Marina Golf has redone their back nine and are reopening for Christmas a newly designed and built 18 hole course.

While bank interest rates remain dismally low, I feel I still have the perfect guaranteed investment: my last six apartments on the beach project Chiqui.

Chiqui is the second phase of my current Alcazaba project that we are just now finishing. All permits etc for CHIQUI are in order and we can begin immediately. A guaranteed finishing date of one year once we begin.

The CHIQUI development is small and easily buildable containing just three Penthouse, top floor Apartments, three ground floor units and ten internal Garages underneath.

What makes CHIQUI SPECIAL IS THAT ALL THE APARTMENTS ARE LARGE INSIDE. Yes, I know I have erected small units in the past, but there are different-- Freehold property with kitchen included.

The Ground Floor units are for sale for 220,000 Euros each. Top floor for 240,000 Euros.

As you can see this project is strategically located for its use and easily accessible to the beach. The Apartments will have use of the Alcazaba Swimming Pool. Underneath is internal Parking for ten garages; which, once built I will know the final cost and put up for sale (although you can make reservations NOW).

To enter into this project I am requiring 10% down and the rest during the course of construction. The banks are also allowing a 70% mortgage.

In the next few years I estimate that the prices will go up 30 to 40% more. CHIQUI IS A GOOD INVESTMENT NOW.

· Large Apartments WITH spacious bedrooms
· Fully fitted Kitchen
· Gardens
· Parking
· Swimming Pool
· Spectacular views
· Large Terraces
· Less than 300 meters from the Sea
· Easy access

Aerial of Chiqui (red arrow)	Aerial of Chiqui (blue arrow)	Chiqui in relation to L Alcazaba