Paramount Theme Park to send Spanish house prices soaring

  • 11 years ago
  • Uncategorized

The long awaited opening of a huge new theme park in Spain could boost property prices in nearby areas, reports.

A new Paramount Theme Park – created by the film corporation responsible for Titanic, Indiana Jones and Top Gun, among many others – is set to open in Murcia, Spain, during the second half of 2015.  

With the attraction set to become one of the biggest in Europe and put Murcia firmly on the map, local estate agents are preparing for a bumper few years, with prices only set to increase.

Early estimates have suggested that some three million visitors could descend on the park every year from locations around the world. Many of these will come for the 35 to 40 high-tech rides expected at the site, for which Paramount has invested millions in the hope of making them among the best and most modern in the world.

First phase construction work on the site is expected to start imminently, with 72 million euros (£62.6 million) having been allocated for construction contracts, claims.

Whilst property investors may not think that a home near to one of the world’s premier theme parks would correlate with the calm vision of rural Spain they had expected, but property professionals in the area have claimed that, for investment purposes alone, there could be few better in the whole of Spain.

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