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FINANCE

Purchase Price

FROM € 180,000

Market Value

FROM €193,000

Bank Valuation

 

FROM €196,000

Discount

15%

Reason for discount

EXCLUSIVE SALES OF C-10 PLOT

Rentals
Appraisal of rental market:
 15- 20 weeks from £300 per week

Type of rental market: 

Golfers


Rental value: From £300 pw
Rental guarantee: no 
Mgt charges: TBC
Service charges:  TBC

Buildings and contents insurance: TBC

Capital Growth
Spain has taken a dip over the last 6 months due to adverse press but should
achieve a minimum of 10% per annum over the next 2-3 years.

 

Reservation Fee
How much: £1200.00 Spanish Agent fee
Policy: Refund up to 14 days

Exchange
Deposit: None required
When Exchange: Full mortgage to builder
Completion date:  Now
Stage payments: No

Finance
Has the developer arranged a financial product for this deal?
YES

Available LTV: 80-90%
Who, how: Caja Madrid
Fees: TBC
Rates: 4.5%
Type: Repayment 

Purchasing Costs
Approx 12%

Incentives
100% Mortgage – purchase costs only required

 

 

Millennium Complex
Superb Appartments
Start From £28,000
IDA Complex
Sea Side apartments
Start From £47,000  

Crete properties 
Start From €110,000  
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