July 4, 2012 at 10:45 am #56891
Comments of the forum users. They can be good, bad, ugly or very ugly ????
July 4, 2012 at 11:45 am #110043
Well I have seen a lot worse 😀 Upmarket area, short drive to Marbella centre and Rio Real golf. Don’t know about the finished product, there has been a lot of building up there! I am sure they would be a better investment than most.
What prices are they?
July 4, 2012 at 1:30 pm #110046
from what i remember (been a while since i have been there) its not classified as Marbella, but Monda first of all.
Long winding road to get up there.
many of the properties have lovely views but you are very isolated.
There is a german school up there so there is some life. but it seems most of the students parents do not live in the surrounding urbanisations.
in terms of activities, i beleive there are 2 bars and a restaurant/cafe
Personally if I was to live in an isolated location I would be looking at a villa rather than an apartment.
Prices were very inflated there during the boom, I would expect to see some interesting reductions now.
Oh and if someone tells you that you can be in marbella centre in 10 minutes then you a speeding.
EDIT: I don’t even know if there is a bus line to get there.
July 4, 2012 at 1:56 pm #110047
Thank you all so far. Most of doubts have been confirmed.
July 4, 2012 at 1:57 pm #110048
July 4, 2012 at 2:02 pm #110049
I must be mistaken. I thought they were around the back of Rio Real golf 😕
July 4, 2012 at 2:48 pm #110050
@ Katy: or i am. names get re-used so much by developers it can be hard to keep track.
@ Shakeel: too many variables.
July 4, 2012 at 5:25 pm #110055
I know someone who bought an apartment there (2 Bed) Los Monteros years ago, a bit of a poser, dyes his bouffant hair, quite nice flat but overlooking gardens a pool and more apartments opposite so no views as such. Still noisy either side, above and below his flat when many are occupied. His service charges have risen considerably as well as his overall costs for having the apartment there.
Meanwhile he has had it on the market for 5 years + and can’t sell it for anything like he paid and he won’t lower his price by much, I think he was trying to get nearly 600k euros for it then. He gets a bus to Marbella or makes his guests hire a car to drive him around, he pretends to be wealthy but probably is not 😉
July 4, 2012 at 6:54 pm #110059
@angie ” a bit of a poser, dyes his bouffant hair” I should be in good company than !!!!
€600K, What on earth did he buy ???? for that kind of money in the mountains. The service charges must be high due to Bank probebly not paying their share of the service charges and whilst other blocks not built the apportionment of common cost such as security, garden, pool maintenance is paid by the blocks that are occupied. I beleive there is no lift there so dont know if this a blessing or not ????
July 4, 2012 at 8:22 pm #110061
Hm 😕 Have I got the same Los Monteros as you are talking of, maybe I’ve got my wires crossed? The one I’m talking about is the apartment blocks on the coast side of the road not far from the hospital. Quite large apartments, gardens are nice but a bus ride to Marbella, any way he can’t sell it after 5 years or so. Fuengi, is that the going price for them, not front line one, 600k ish? 🙄
July 4, 2012 at 8:33 pm #110062
Angie, are you refering to Max Clifford 😉 😆 Just kidding he has a place close to Banus!
I stand corrected but i thought these apartments were entered from the A-7 by the road to the Incasol hotel, directions Cádiz and opposite the medieval tower. Drive up the road and you will come to Rio real golf. onwards and upwards is the pueblo monteros.
July 4, 2012 at 8:50 pm #110064
clearly there is confusion here & we do not want libel cases flying around. Here is the link http://www.easier.com/34191-pueblo-los-monteros-a-safe-spanish-investment.html
You will notice the word ” safe Spanish investments ???
July 4, 2012 at 8:53 pm #110065
Come to think of it katy, he has got a bit of a Max Clifford look about him but a bit more weird I’d say, and nothing like his money though 😆
I’ve only had one drink this evening but I’ve got me worried now about Los Monteros. I think we came off the road towards Marbella some way past the hospital exit, went past some town houses built near the main road and towards the beach and came to the apartments. I seem to remember they were quite near a restaurant almost adjacent to a Banderas house which possibly could be demolished. Mike Catt an ex English Rugby Union player had one of these apartments opposite the one I’m talking about. 🙄 I think it was close to Rio Real golf, Rio Real Los Monteros, Help 😳
July 4, 2012 at 9:46 pm #110067
About time shakeel visited them and drew us a map 🙂
July 5, 2012 at 9:41 am #110072
Katy. I have made four trips to Spain purely with the intention of buying only to be greeted with incorrect information, no information, misrepresantation, staff not knowing where the development is, not bringing the right keys, not turning up for the appoitment, or turning late, change of price etc, etc all the things that I and people like Angie & yourself are well aware off.
My last visit to Malaga capital was made on the strength of having access to the Bank manager because of my friend.
Not earning much on € deposits and aware of the deposit guarantee limit it would be nice to buy something of course at the right price i.e. knock down.
In view of the above my next trip to Spain has to wait. I have been told it is behind “Santa Clara” ( near the hospital )
July 5, 2012 at 10:17 am #110074
i think i was at fault shakeel. sorry for the confusion.
EDIT: just been doing a bit of searching… I did make a mistake, it is classified as marbella (postcode 29603 ) but it appears to be located behind the toll motorway.
if you are familiar with goolgle maps https://maps.google.com/ in the search box copy and paste these coordinates to get a better idea: 36.529054,-4.83691
hope that helps.
This los Monteras is located in Marbella ‘alto’.
July 5, 2012 at 10:19 am #110075
Pueblo los Monteros offers buyers the utmost security, backed by the third largest savings bank in Spain and the resort features in the 1986 Marbella General Plan (PGOU), the only plan currently in force approved by the Andalucian Regional Government (Junta).
Completion at Pueblo Andaluz is scheduled for December 2009 and prices start from just 270,000 euros for a one bedroom apartment to include underground parking and full access to the resort’s leisure facilities. Payment terms are 6,000 euros deposit, 15% on signing of private purchase contract and then the balance on completion in the fourth quarter of 2009.
July 5, 2012 at 2:14 pm #110084
Thanks Fuengi. We all know what utmost security means in Spain. Presently it is the hands of Bankia
( say no more ) one bedroom is around €165k without VAT with no parking or trastero.
I beleive there are no leisure ficilties as probebly there is no body or very few people to leisure.
July 5, 2012 at 3:24 pm #110087
Shakeel, if the location is of interest. a lawyer could confirm the in & outs within 24h.
July 5, 2012 at 3:35 pm #110088
July 5, 2012 at 4:01 pm #110089
July 5, 2012 at 5:17 pm #110093
Sounds like you’re thinking of Los Monteros Park within Urb Los Monteros Playa? You refer to its hefty service charges – there’s a 2 bed for sale there with stated community charge of over 8000E pa (exc IBI)!
July 5, 2012 at 5:30 pm #110094
Thank you Snowy, that sounds more like it, I think the chap who owns it said his service charge was over 7k per annum now, and he’s finding that too expensive but he won’t reduce the price of the property in order to sell it 🙄
July 5, 2012 at 7:30 pm #110097
@angie. So high price & high service charges. Great must be buy of the year !!!!!
@fuengi. I am sure there are few honest lawyer. coming from some one whose father was a lawyer. I have bought & sold in Spain on a number of occassions & have never used a lawyer. Apart from the fact that they charge you ridiculous amount, over look the most pertinent matter, create obsticles, than sit on your files & hold as a lien in addition fiddle expenses.
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