Capistrano 21 are new apartments in the center Nerja!

Capistrano 21 area is located in the center Nerja, just outside the city center, in a quiet area behind the football stadium. It is located at the height of Capistrano Village but closer to town. It is easy to get to town center as there are no direct slopes. About 1 km. to the main street Calle Pintada (where you will also find some of the city's best restaurants, and our office at number 9) and just over 1 km. to the nearest beach, Burriana.

Right now we have no apartments for sale in this building but write to us. Sometimes we get apartments. info@spanskafastighter.se

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The apartments in Capistrano 21 are key-ready in spring 2021, but there are still a few remaining in early 2022.

Bright and modern, Scandinavian design. Spacious apartments, with open-plan layout . The apartments also have good-sized terraces with afternoon sun (although not all afternoon), and some also have access to private gardens.

Nearby area:

Directly nearby are 2 gyms (the larger sports center and Time sport), tennis courts, bathhouses, grocery stores, bakery, "Farmers Market", fish shop, restaurants, etc. It is also relatively close to the starting point of the famous Rio Chillarhiking trail.
Bus stops are also in the immediate vicinity. It is not a must to have access to a car in this central location. This is also a quiet area , with almost no traffic at all as it is a dead end (cul de sac). The noise level is generally quiet, and there are green areas all around.
Swimming pool in the area.
For Sale with equipped kitchens (incl. washing machine, dishwasher, electric oven, refrigerator etc.) and bathrooms as well as A/C multi split with separate thermostats which means that you can set different temperatures in different rooms. Pre-installation of Internet fiber.
Garage (basement) for sale separately.
Elevator in the building.
Disabled access.

Possibility of financing 70%. We apply with the bank. Read more about bank loans here (maximum 60%).
Construction time: Capistrano 21 will be completed in spring 2021 after two years of construction,

Capistrano 21 – modern and bright apartments in the center Nerja

21 apartments. Sea View from 1 apartment with roof terrace However, all apartments are located in south/west facing with afternoon sun. Some of the ground floor apartments have gardens. All apartments have large windows to maximize light penetration.

1-2 bedrooms and 1-2 bathrooms. Some with roof terraces, others with balconies/covered terraces and/or gardens. Building area and size of terraces and gardens as well as the location of the property determine the price .

General floor plans (more details will be sent via email):

Built Area 2 bedrooms with roof terrace : 134 sqm . Terrace: 17.84 sqm .

Built Area 2 bedrooms with terrace: 87.68 sqm . Covered terrace: 14.79

Built Area 2 bedrooms with garden: 88.21 sqm . Terrace: 14.69

White goods for kitchens, bathrooms, etc. are of high quality.

Bright and fresh interior design characterizes the building

5 penthouse apartments with private roof terraces. 2 bedrooms and 2 bathrooms. 325,000 – 365,000 € (the most expensive: built area : 70.45 sqm , terrace: 78.75 sqm )
1 penthouse with roof terrace and 1 bedroom and 1 bathroom. €221,000
6 apartments on the first floor with terrace, 2 bedrooms and 2 bathrooms. €220,000 – €259,000
7 ground floor apartments with terrace and garden, 2 bedrooms and 2 bathrooms. €223,000 – €263,000
1 ground floor apartment with terrace and garden, 1 bedroom and 1 bathroom. €215,000
1 ground floor apartment with terrace, 2 bedrooms and 1 bathroom. €215,000 ( built area : 69.59 sqm , garden: 18.3 sqm , terrace: 14.69 sqm )
1 ground floor apartment with terrace and garden, 1 bedroom and 1 bathroom ( built area : 58 sqm , garden: 5.51 sqm , terrace: 17.20 sqm ) €175,000

* Surface of terraces: 11.54-78.75 (most are over 15 sqm ). Building surfaces: 44.81 sqm – 82.98 sqm (most are around 70 sqm ). Surface gardens: 4 sqm – 104.28 sqm (8 apartments with gardens).

Cost of parking space in the garage: €10,500-€15,000. There are only 3 parking spaces (12.50 sqm ) for €15,000, and these include storage room space.

Note! This is most likely the last major project in central Nerja with these prices (a smaller project, Colina Alta, however, released in 2021. All with sea view ). It is somewhat surprising to everyone in the area that the Spanish construction company has managed to get hold of a plot of land in central Nerja with space for a relatively large project of apartments. This is simply the exception that confirms the rule that there are no larger plots with planning permission left in Nerja and that those that do exist are earmarked for luxury projects. If you want a central and new project under €300,000 in Nerja , this is the project for you (if you would rather have something closer to beach and/or with sea view it is however used market that applies). Outside Nerja This project closer to Torroxis recommended instead. It has sea view ]

Also see these apartments in a fantastic location in neighboring Rincon, released March 2021!

Or these apartments 400 meters from the beach in neighboring Rincon!

For alternatives, read our overview article about new development in and around Nerja.

Rental potential

We are more than happy to take apartments into this project in our rental portfolio. The demand for new construction is strong in central Nerja, but the supply is very limited. Most of it was built in the 70s-90s and is starting to get worn out. New apartments therefore have a big advantage in this strong rental market.

Reference : SF Capistrano 21.
Price : €170-365,000. As usual, there are additional costs of approximately 13.5-14.5% for new development (taxes, legal fees, registration in the property register, etc.).

Write to info@spanskafastigheter.se for more information (such as floor plans) or to book viewing .

Detailed payment plan :

Reservation fee (it is reserved for 24 hours so that the buyer has time to transfer the amount) of €6,000. This amount is then deducted from the first payment of 20% which is made upon signing the purchase agreement. Another 20% is paid under construction . The remaining amount, 60%, is paid on completion date , e.g.

The promoter has bank guarantee for all payments the buyer makes. More pictures can be found at the bottom of the article.

About investing in newly built properties in Nerja

In mid-December 2017, we launched Ladera Terrazas in the beautiful area of Ladera del MarThese 26 apartments sold out in less than 3 months, which says a lot about how strong the market in Nerja is, and how big the appetite is for new development . It has been a long time since we ran out of interesting plots to build on, and most of the properties in the area are in need of modernization. Many people therefore do not find what they are looking for. In May last year we launched phase 2 Balcón del Mar, another 22 apartments, which sold out shortly after the turn of the year. Since then, it has been launched Royal Palm (at significantly higher prices) and a few townhouses and a few luxury villas. These homes are also sold out.

We have a holistic concept with a rental channel installed towards the European market (not least Sweden) since 2012. We can thus help you quickly get a rental business started in your apartment in Capistrano 21, including all the work it means to meet requirements for licenses, marketing, key management, etc.

Many people buy a home in Nerja solely as an investment (the town was recently named "Spain's rising star"). Read more about investing in Spain (figures etc. from different regions. As for newly built apartments, they increase significantly in price the closer they get to completion.

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