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Naresh Bhundia
Executive Director

Introduction

The Managing Director, Mr Kumar Tailor was responsible for building and still owns Cheers Bar and Restaurant at Eagles Nest, where he is credited with building the first ever Crown Green Bowling Green in Spain. Now home to San Miguel Bowls Club and host of the Valencian Region Bowling Championships. The complex consists of Bowling Green, Changing facilities and showers, Bar, Restaurant and Community Shop. We also constructed 14, 2 bedroom apartments overlooking the Bowling Green with community pool.

Villamartin Hills

Of the many construction projects Sitara has undertaken, we are currently building Villamartin Hills, a totally new concept in retirement accommodation for people aged 55 and over, consisting of 68 luxury apartments, fully air-conditioned and heated within a safe and secure complex with on-site facilities such as health clinic and 24 hour emergency monitoring, gymnasium and wellness centre, a fully enclosed heated swimming pool and an administration department to help with everything from paying Spanish taxes (Suma), buying a Spanish car to applying for ‘residencia’ and NIE numbers. A unique feature of Villamartin Hills is that the apartments are purchased on a life-long lease, which means there is no IVA (tax) to pay, no solicitors fees, no community fees, insurance or building repairs/maintenance.

 

The property is also free from capital gains tax and inheritance tax (which can be as high as 34%). Should you wish to leave at any time; the full purchase price of the lease will be returned within 40 days of vacating the apartment.

Las Rosas

This is a development of 11 luxury apartments in the village of San Miguel de Salinas. These apartments are built to the highest standard and have stunning views, with a rooftop swimming pool, There is a lift to all floors, video entry system. There and 2 and 3 bedrooms available.

For 20 years Sitara has gained a reputation as a professional building company