Costa Esuri Holiday Home
 

Hi everyone,
Having spent much time in the Ayamonte area over the last few years I am now considering purchasing an apartment in Costa Esuri.
What are the prices like for a 2/3 bed apartment or townhouse and does anybody think they may rise anytime soon?
Also is there any plans for more services in the area, shops/cafes/bar. I am aware of the re-opening of the golf club next year but it seems the area needs possibly another bar or cafe especially during high season.

Re: Costa Esuri Holiday Home
 

Hi, regarding property prices I suggest you google search Ayamonte estate agents. Pick one and check out their websites. Prices in general seem to have risen from the slump of 2012 -2015 but are nowhere near original selling prices of 2006. If you plan to buy, I suggest you do a short visit staying in a hotel, rent a car at faro and drive around. I'm sure the agents would be happy to do viewings. As regards shops / bars etc there are a wealth of topics on this subject already if you check back on this forum. Right now, there is only the shop/ cafe on Esuri, so it can only get better imo. !!

Re: Costa Esuri Holiday Home
 

As they say Investments can go down as well as up.

We bought before the crisis and I've seen something like a 70% drop in value. I actually don't believe we will ever get to the point where the prices return to our purchase price.

However from your perspective I think the key point here is is the downside potential is low. I personally don't believe there would be another 70% drop for example. So I actually think it's a valid investment financially and absolutely can say that 'emotionally' this is a great area to have a home. You can get a lot for your money compared to other places. However I personally don't think you're going to see stellar price rises. IMO the risk is manageable.

Being on the border is a major plus point for us for example.

I agree with Keith come here for a while look around and and and you'll find a good deal I'm sure.

Jon

Re: Costa Esuri Holiday Home
 

Thank you both for your time, comments and advise.

Re: Costa Esuri Holiday Home
 

I'm sure you could get some offers to rent in the tourist developments of Isla canela or Esuri, but I can't help thinking you might struggle to find a 3 month let actually IN town. I would have thought your best bet is to explain this to a few of the estate agents in Ayamonte on the basis you want to try before you buy. If anything is available for rent in Town the agents would know about it. Good luck..... Keith

Re: Costa Esuri Holiday Home
 

Thanks Keith.
Do many ex pats live in the town?
We would prefer to buy in the town a three bed apartment central would be ideal with a budget of 150k we should have a choice.
I will contact a few of the agents to get a feel.
Regards.

Re: Costa Esuri Holiday Home
 

Hi Ken, I'm not really qualified to say whether there are many expats living in Ayamonte centre. I bought in January 2014 at costa esuri and we just go there for some R & R, but usually out of season when the weather in UK poor. I prefer having a holiday home rather than living in hotels. We avoid most of July, all of august and first two weeks of september. It's too hot/ busy and we enjoy the UK summer. But you get some lovely sunny days out of season : good for walking, cycling or anything else. It's particularly nice having the choice of going to Portugal or staying in Spain. My biggest moan about Ayamonte town is car parking. It gets more and more difficult. I wish the council would bring back the meters and we pay. Some locals cars never move, they just block spaces available for visitors going to lunch or shopping etc.
Hopefully, someone else will have better knowledge of any ex pats actually residing in town !! I would be interested to know myself.

Re: Costa Esuri Holiday Home
 

Re: Costa Esuri Holiday Home
 

If you want a selection of amenities 'on the doorstep' buying in Ayamonte makes sense. CE is slowly moving back to a Golf course and Club, with the ever-present shop popular. But if you like eating out, having a drink, shopping etc (walking distance) then it makes sense. Also meeting up with CE/IC people should be easy as many come to the town anyway. Taxi fares aren't bad, so if you are meeting up in CE you can do that - if you want a drink. Its the same effectively 'in reverse'. I would personally put a parking place high up on the list, to underline Keith's point.

Whilst CE may develop a social infrastructure - it will be slow IMO. The high point was the Courses, club, '19 Hole' and the shop all operating simultaneously, some time ago (and not for long). We aren't there today. But we will see a course and the clubhouse open before the end of the year (hopefully). There's so much more in Ayamonte and we wont ever compare to the facilities in town in the future IMO

If you have other requirements than local choice of amenities, then CE is a valid choice, and after all the border and the town are close by.

In case you haven't seen it I like this agency (of which I have no commercial connection) https://www.inmobara.com/venta.php - but you have many choices of course

Good luck
Jon

Re: Costa Esuri Holiday Home
 

To save the hassle of trying to find a parking space in town . We park where the Saturday market is. To be precise drive into town and at roundabout where petrol station is go round and head out of town and take next right just past the big restaurant whose name I cannot remember . But they do take away chicken there now. Drive round the back of the restaurant to the end and park there. From there its a pleasant 5 minute walk past the zoo by the river into town . No one begging and plenty of room. And you reduce your carbon footprint !

Re: Costa Esuri Holiday Home
 

Re: Costa Esuri Holiday Home
 

Kenneth, I guess the most obvious place to stay would be the Hotel Ayamonte Center. It's a fairly standard 3 star establishment, no frills, no entertainment, mainly aimed for business use imo. Open 365 days a year. The alternative Parador would be more comfortable with lovely views / sunsets over the Guadiana bridge, but is NOT in town and is twice the price. Its about a 20 mins walk into the town centre down a steep hill. The Center hotel would be your best option, two mins from the tourist info office. HTH.