La Manga Club, Europe’s leading golf and leisure resort, will soon be holding its first ever property exhibition in Ireland.  The prestigious Spanish development will be offering a selection of apartments and townhouses for sale at a forthcoming exhibition at the Westbury Hotel, Dublin on March 10th and 11th from 11 am – 6 pm.   La Manga Club was initially established in the early 1970’s and over the years has built a reputation for the excellence of the sporting and leisure facilities it provides. It boasts three championship golf courses, a 28 court tennis academy, a professional football centre, a 2,000 sq mtr full service Spa, a secluded beach with water sports, horse riding, numerous bars and restaurants, and the 5 star La Manga Hyatt Regency Hotel.  It even has facilities for Gaelic football and often hosts winter training sessions for Irish county sides.  In 2006 it was voted the leading sports and leisure resort in Europe, an accolade it has won twice in the past five years.   

“Ireland is a very important market for us” commented La Manga’s Joan McClean.  “We already have many satisfied Irish buyers and we are absolutely thrilled to be able to come to Dublin.  Our slogan for these properties is ‘Be Richer’ as purchasers will not only be enriched by the sheer pleasure of enjoying all of the wonderful facilities of the resort, but they can also profit through our leaseback scheme which offers a 5% pa rental guarantee for the first 5 years.”    

All of the units are situated in a part of the resort known as Las Lomas Village, which is already constructed and awaiting occupation.  It is an integral part of La Manga Club with access to all of the world class facilities. Moreover, from an investment perspective, purchasers are buying into a well established business with traditional rental occupation rates of approximately 70%.   All properties are purchased as part of a 16 year leaseback agreement, with Hyatt International renting and managing the units on the owners’ behalf.  These will be the only self catering units at the entire La Manga Club which will be under Hyatt management.  Owners will be entitled to use their own units for 30 days pa, plus they will also be granted the additional use of a studio apartment for up to 6 days per month.  In theory, it is therefore possible for owners to utilise the facilities of La Manga for 102 days pa.  

“Purchasers are buying into a world class resort,” continued Ms McClean, “They get the best of both worlds, with extensive access for personal usage, a guaranteed rental income, and the ongoing marketing power of Hyatt International renting and managing the unit. It is a package which really does have everything.”

Studios commence from €207,100, 1 bedrooms from €303,300, 2 bedrooms from €398,100, and 3 bedrooms from €523,100.  All units come fully furnished and Spanish finance is available.

The exhibition takes place at The Westbury Hotel, Dublin, on March 10th and 11th 11am-6pm.  The promotion is being run in conjunction with Cork based specialist hotelcondo agency, Luxury Hotel Homes. Jason Higgs of LHH can be reached on 023 31695 or 087 121 5264.  www.luxuryhotelhomes.com

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