Las Moreras – Spain

posted on 20 April 2010

Fantastic Investment Opportunity
Las Moreras

100% mortgages available (low rates available at 4.2% over 20 years)

Only €21,600 (£14,400) required (to pay IVA and other closing costs)

Immediate €45,000 (£30K) capital gain (bank valuations from €225,000 (£148,500))

Fantastic 2 bedroom detached golf course villas from €180,000 (£120,000)

Last 21 units secured exclusively for our clients – expected to be sold within 14 days

Ready for occupation now

Huge potential for rental income & capital growth

An on-site introduction will be made to a local rental agency, in order to cover your mortgage costs of approx. €7,500 (£5,000 p.a) You would need 15 weeks at €500 per week, our agents anticipate you will achieve 25 weeks per year

High quality build by developer with an excellent history

All villas come with access to a communal pool and have the benefit of the golf course and clubhouse within a few minutes walk.

20 minutes drive to the beautiful university city of Murcia

45 minutes from Murcia airport

Excellent views of mountains and the golf course

Typical Return On Investment

Market value / bank valuation – €225,000
20% discount – €45,000
Purchase price – €180,000
Deposit – €0
20% built in equity on purchase – €45,000
7.2% equity growth assumed in year 1 – €16,200
7.2% equity growth assumed in year 2 – €17,366
Total return on investment in first 2 years (less any purchase costs and taxes due) – €78,566
Return on €21,000 investment at the end of 2 years – 264%

This example assumes the client has taken up the 100% mortgage offer available, subject to status.

Located just a few kilometres from the Mazarron seashore, the Las Moreras Country Club development is an exclusive resort that offers you all the benefits of a Mediterranean lifestyle. Imagine enjoying breakfast on your sun terrace whilst overlooking the lush green course that you will be playing later that morning.

The Country Club also provides residents with an excellent Spa facility as well as a top class restaurant and bar for your added relaxation and enjoyment. In only 20 minutes you can visit the beautiful city of Murcia with its fabulous range of cosmopolitan cafés, bars, restaurants and historical architecture. This unique city is frequently compared to a quaint Madrid or Barcelona.

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