After the successful launch of the Hungarian Division, GEOS decided to enter the Spanish market. Thus, Arenal Residential Complex in Spain will become the sixth object that the developer is building in the European Union.
"We entered the international market. It is international in terms of our customers. After all, among buyers of Hungarian real estate Chinese investors and residents of other European countries, except for the Hungarians themselves, occupy a significant share. Among residents of northern European countries, we saw the demand for real estate in climates that are more comfortable. They buy apartments in the southern part of Spain, where they spend the winter months. And the rest of the time, the apartments are rented to tourists and bring a stable income to the owners. Costa Blanca region was chosen by us after a detailed analysis of the real estate market. This particular region has recently shown steady growth both in value and in the number of transactions. It has a good location relatively close to two major airports in the cities of Alicante and Valencia" - said Maxim Barbash about the new facility in Spain.
Arenal Complex belongs to the business class, which requires special attention to the materials used in the construction. In addition to the requirements according to the class of real estate, the Spanish planning regulations come into force. First of all, these are high requirements for energy efficiency of the building. Thanks to modern solutions that we implement in the construction, the cost of electricity for house maintenance will be reduced by 60%. We also apply additional thermal insulation, which is usually neglected by local developers. Alternative energy sources will also be used in the house. All this helps us achieve high energy efficiency of the building. All stages of construction are controlled by third-party organizations that specialize in the required type of work.
Arenal Complex is located in an amazing location both in terms of nature and landscape, and in terms of infrastructure. First of all, it is a pleasant Mediterranean Sea. The house is located directly at Arenal beach with fine white sand. In the city of Calpe is a unique lake with pink flamingos, which live there all year round. The city is surrounded by national parks, one of them is the spectacular Cape of Ifach, which stands out in the sea and adorns the sea panorama. It is this panorama that opens from the apartments of Arenal Complex. It is worth emphasizing that the view of the sea opens even from the lower floors of the complex. The city of Calpe is surrounded by mountains, and apart from the sea panorama, the mountains are also visible from the apartments.
Arenal complex is located near the seaport. He is not large, but still beautiful and graceful. Snow-white yachts lined up in even rows and the blue of the seawater make this place especially attractive. The quay of the Prince of Asturias lies around the part of Cape Ifach, at its foot, and borders the sea. This is an ideal place for walks among palm trees, steep cliffs and the sea. In the old quarter, you can fully experience the Spanish style and be wrapped up in the past. Here, the intertwining of narrow streets with low traditional houses, many of which are painted in bright colors, tiny, but such pretty areas, where cafes, bars and restaurants, with tables under the open sky, are located.
The city is easily accessible from the airports of Valencia or Alicante. You can choose either a railway connection or a car connection. The modern Mediterraneo motorway passes near the city. Despite the high tourist attractiveness, the city and the whole infrastructure are active all year round and do not have an obvious seasonality. Calpe infrastructure is well developed: various schools, children's educational and developmental institutions, several medical centers, shopping centers and supermarkets.
Even while you are not in the apartment, the management company will take care of them. The same company can rent your apartment, providing you a stable income and, at the same time, control the safety of your property.
"We are honored that the city administration entrusted us with the construction of the complex directly by the sea, forming the silhouette of the city. We will use best of our efforts and opportunities to create a complex that will decorate the city of Calpe." - said Maxim Barbash, the head of the board of directors of GEOS Construction Company.