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Key selling points
- Pre-release prices for 2 weeks
- Low deposit of 20%
- Country club and golf setting
- Increasingly popular location for permanent/holiday living
- Excellent rental potential
- Murcia captial growth hotspot in Spain
This is a golf project that should appeal to investors The golf course is 18 holes, par 72 and is called “ Severiano Ballesteros Golf Resort”. There will be a hotel and club house, shops, sports facilities, lake, horseriding, gardens/parks, and protected forest area
. Total area of Nature Caravaca de la Cruz is 4.9 million m2 low deposit of 20% balance on completion 3000E secures Villas and Chalets will be released later – no prices as yet but register your interest. High internal specification - fitted wardrobes in all bedrooms, fitted kitchens with oven and hob, air conditioning and central heating. Site is 60 mins from the international airport being built at Corvera and 90 mins from Alicante and Murcia airports. Stunning countryside.
To get these cheap prices you need to act very quickly, ie. 7 to 14 days, our office will mainly sell on the phone with no inspections but if you wish to view book your flight now and we will reserve under no obligation.
1. Murcia - Spain's capital growth hotspot
Murcia has outperformed all other regions in 2005 with 18.9% capital growth in 2005.
(spanishpropertyinsight.com)
2. Strong rental returns
Estimated 10% rental yield
3. Immensely powerful tourist market
52 million tourists visited Spain in 2003 of which 60% of those stayed in private homes, creating a strong rental market. (Spanish Secretary of State)
4. Low interest rates
Spain historically has low interest rates for borrowing @ 2.5% base rate versus 4.5% in the UK
5. Increasing demand for real estate
An estimated 2 million homes will have to be built in the next six years to satisfy local and overseas demand for real estate (Grupo Planer - Asprima & Analistas Financieros Internacionales)
6. 25% of demand purchased by non-nationals
An estimated 170,000 homes will be purchased by non-nationals, representing 25% of total demand. (eyeonspain.com)
7. Simple payment terms
Deposit: Euros 3,000 deposit (including VAT)
Payment terms: 20% + VAT upon exchange secures your choice of property with nothing else to pay until completion in 2008
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