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Spanish Property - 100% funding - 78,600 euros cash released - 3 yr rental guarantee

Last post 31 Aug 2008, 2:08 AM by Steve Croxton. 0 replies.
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  •  31 Aug 2008, 2:08 AM 568868

    Spanish Property - 100% funding - 78,600 euros cash released - 3 yr rental guarantee

    Stunning Opportunities in Spain

     

     

    We have 19 years experience of finding and selling properties in Spain and the opportunities have never been so good. With over 100 builders having gone into liquidation during 2008 and the Spanish property market every bit as flat as the UK housing market, there is a desperation for Spanish builders to find buyers.

     

    However, finding a discounted property has very little value for most people unless the finance can be supplied and a rental contract to provide security of income for at least 3 years.

     

    Our service includes –

     

    • Finding heavily discounted new build property
    • Organising a minimum 3 year rental contract
    • Organising 100% funding
    • Applying for your NIE number (Essential to get finance in Spain)
    • No additional professional or solicitor fees

     

    WE DO NOT CHARGE OUR PURCHASER FINDERS FEES

     

    All of our deals consist of the following –

     

    1. No deposit required and 100% funding
    2. Equity released on completion (average 30,000 euros)
    3. Minimum 3 year rental guarantee

     

     

    Find below a couple of our developments for September completion

     

    The Properties

    Our investors have bought all of the remaining properties on these 2 developments and these are the last 5 properties on the 2 developments. Both properties are 2 bedroom, 2 bathroom apartments, built to a high standard and they come complete with fitted kitchens, built-in wardrobes and fully furnished.

     

    Property1 – Del Prado (La Cala)

     

    La Cala is between Marbella and Malaga on the south coast.

    The apartments are just 3 storeys, shops are very convenient

    And the beach is just 5 minutes walk.

     

    Market value 495,000 euros

    70% LTV mortgage (346,000 euros)

    3 year rental guarantee @ 7%

    21,000 euros cash released on completion

      

    Property 2 – El Jordi (Santa Ana)

     

    El Jordi is a new holiday resort being built on the north east

    coast of Spain. The holiday complex is the size of a medium sized

    town and provides everything required for a great holiday on-site.

     

    Market value 251,000 euros

    70% LTV mortgage (175.700 euros)

    10 year rental guarantee starting at 5% rising to 14% pa

    32,000 euros cash released on completion

    Claim back the vat (worth a further 25,600 euros) 

     

    The Deal

    You can purchase both properties for just one reservation fee of 3,000 euros. Completion is set up for September 15th and 16th so we are just 2 weeks away. Your reservation fee is paid back to you on completion.  

    On completion you would own 2 Spanish apartments, built to high standards, furnished and ready for occupation.

    ·  Between them you will have released 78,600 euros (approx. £62,000) on completion,

    ·  You will have in excess of 220,000 euros of equity

    ·  And, both have rental guarantees, one for 3 years, the other for 10 years.

     

    What Next 

    If you are in a position to move ahead immediately but would like a few photographs and a chat or you would like to make your reservation,

    Contact  08000 83 63 43

    Monday – Friday 9.15am – 8pm

     

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