Spain--A Truly Amazing Investment Opportunity
£99,000 for a 2 bed apartment, 90% pre-approved finance, nine years rental guarantee.
(PRWEB) June 10, 2005 -- When you hear the words "Spain," "property" and
"investment" together, what springs to mind?
Maybe snippets like:
"A
whopping £250,000 for a two bed apartment away from the coast"
"A hefty
£50,000 initial deposit to just exchange contracts"
"Difficult finance
options"
"Very low rental yields"
"Saturated property market with falling
prices"
Now, what would the mental picture be if we could replace it
with:
"£99,000 for a two bed apartment five minutes from an 18-hole golf
course designed by a golfing legend"
"Only £14,000 initial payment to
exchange contracts"
"90% finance pre-approved before exchange with rates of
only 3.25%"
"Guaranteed 5% rental income for 9 years plus personal use of the
apartment for 6 months of the year - every year"
"20% growth in the market
last year alone, with a further 20% to 30% in the next two years"
And the
icing on the cake - possibility of a 10% cash back on completion in two years
time.
Surely, this is not the scale of investment opportunities that
investors are used to seeing in Spain today. But these opportunities do exist
and Investors Provident are extremely excited to offer just that.
Located
10km outside Denia, which is possibly the most recognized town along the
northern Costa Blanca coastline, is a small and friendly Spanish town called
Oliva. On the Costa del Azahar, it is nestled in orange groves between the
wonderful sandy beach and a back drop of spectacular mountain ridges. Just a
five minute walk from the beach and between the towns of Denia and Oliva lies a
championship 18-hole golf course called Oliva Nova designed by the golfing
legend Severiano Ballesteros.
The Club de Golf Oliva Nova 18-hole
course, 5 hole par 3 course, practice greens, and driving range occupies 50
hectares of land adjoining the coast. Due to its location, this par 72 course
measures 6,270 meters in length from the back markers. It has been voted as
Seve's best design and water enters into play on 15 out of the 18 holes. It has
also hosted on four occasions the Peugeot Oki Spanish National Championships and
is continually attracting many prestigious golfing events
The investment
opportunity lies at a short 5 minute walking distance to this spectacular
course. The whole complex will consist of a number of Spanish style buildings
with a total of 120 apartments and a number of two-bedroom townhouses. These
unique one and two bed apartments will be spacious with generous terraces
allowing the living area to be light and airy and most of them will have
commanding views of the horizon and the golf course. All town houses will come
in a typical Spanish design and include their own parking space.
The
introductory prices for the apartments are low for the area, and with an initial
90% finance package, a rental guarantee for 9 years and a possibility of 10%
cash back on completion, this is probably one of the best investment
opportunities available in Spain today.
For further information, please
contact Investors Provident on 0044 870 1999 859, or visit their website on: http://www.investorsprovident.com
Contact:
Investors
Provident
0044 870 1999 859
e-mail protected from spam bots
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Source : http://www.prweb.com/releases/2005/6/prweb249826.htm