NEW DEVELOPMENT IN EL PEŅONCILLO
Reference 1AX1791
A new coastal development of 75
terraced houses to be built in three phases. The development is located in the Axarquia region
of Andalucia in the prestigious area of El Penoncillo between Torrox Costa (2 minutes) and
Nerja (5 minutes), 48 kilometres east of Malaga.
Phase 1 consisting of 19 houses is to be completed late 2007, with each property on this development enjoying wonderful
sea views and set around tropical gardens and communal pools.
These properties can be purchased
with staged payments until completion, or with a mortgage.
The development offers 2 and 3 bedroom houses, each with 2 bathrooms and a garage, from:
Type A2 - 2 bedrooms, 3 terraces and a 1 place garage - 295,000 euros
Type A5 - 2 bedrooms, 3 terraces, a garden and a 2 place garage - 340,000 euros
Type B1 - 3 bedrooms, 3 terraces and a 1 place garage - 285,000 euros
Type C1 - 3 bedrooms, 3 terraces and a 1 place garage - 305,000 euros.
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