While on a recent short trip to Ayamonte on Spain’s Costa de la Luz coastline, I was struck by the fact that building activity was evident again, particularly on the beachside at Isla Canela. This beautiful 7 km long stretch of Atlantic beach has been developed by the Madrid based company Pryconsa and after enduring a number of poor years, it now appears that they are moving ahead strongly and that sales are beginning to reignite the market.
This superb beachfront features a fully pedestrianized promenade, a number of quality hotels and a splendid yachting marina, with shops, bars and restaurants. An 18 hole golf course is just five minutes away and the unspoilt town of Ayamonte is a mere 10 minutes by car.
I was very surprised to see one bedroom beachfront apartments on offer from € 95.000 and two bedroom units from € 123.000. These are well finished modern properties with communal swimming pools and manicured gardens. Similar two bedroom apartments were selling for in excess of € 250.000 at the peak of the market in 2006/7, so the ones on offer now appear to represent excellent value.
