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Spain property project released in Calpe

Property news
Tuesday, 04 October 2005

Investors who are aware of our previous deal in Spain and have purchased on it will know that such investments are very difficult to find today in the Spanish market. However, Investors Provident has managed to secure another excellent investment opportunity that comes with a 95% finance package and a guaranteed cash back upon completion. Prices in the region of Northern Costa Blanca are currently amongst the lowest in the country, and with only 5% deposit needed to secure a 2, 3 or 4 bed villa, this opportunity should not be missed.

Calpe Bungalows is a superb development of linked 2, 3 and 4 bedroom rustic villas in the rural environment of Calpe's Empedrola. The villas are built to the very highest specification and include alarms, white goods, air conditioning, communal swimming pool, private garden and boast the most incredible views. The villas are only a 5 minute drive from the beach, and 2 minutes from shops, restaurants and bars.

An amazing 95% finance package is available and entry level starts at under £13,000. Prices are expected to rise significantly by completion, and with mortgages available based on valuation as opposed to purchase price, there is a guaranteed cash back incentive offered (subject to status).

The cash back, when broken down, amounts to 100% finance plus all expenses paid for, and an additional sum that you are free to do what you want with!

The property market in Spain continues to be strong and with very low interest rates coupled with excellent tourism and rental returns, it provides a very attractive and sound investment opportunity today.

KEY FACTS

  • Only 5% deposit required with a pre-approved 95% finance package in place
  • Guaranteed cash back offered on completion which will more than likely cover all purchase costs including the deposits
  • Mortgage available on the higher valuation price as opposed to lower purchase price
  • 15% minimum growth predicted in the Calpe region of Spain this year
  • Ideal investment opportunity for either buy and hold or buy and sell

For further information and a full report, please visit: Calpe Bungalows, Spain

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