No Money Down Deal ...Equity Release

We have secured 59 Built and key ready apartments half way between Mijas Pueblo and
Fuengirola.......

ONLY 6 x 2 bed apartments left

14 x 1 bed apartments, sizes...........from 68 sqm plus garden Sold Out
37 x 2 bed apartments, sizes...........from 77sqm plus terraces
8 x 2 bed Penthouses, sizes............from 100sqm plus 75 sqm of terraces Sold Out

These units are within a complex, with Swimming Pool, Tennis Courts and surrounded by
stunning countryside yet only 10 mins drive to the Beach or 10 mins to Mijas Pueblo.

All units have occupancy licenses, building permission and 60% LTV
mortgages....”Subject to Status”

PLUS....These units are No Money Down deals...........

Reservation fee of 2500 required........
Rentals

We have several options:

We have long term rental clients, both Spanish and English Families and individuals looking to rent these units, because of the more affordable price of the rent.....these will cover mortgage but not allow for a surplus cash flow positive investment.
Thus making the cash back option viable as you will be taking your profits upfront...
You could rent them for a mid term of 6 months, then short term through the summer months, this would create a cash flow positive investment, BUT make each mid term rental client YOUR responsibilty to secure!
You could hit and attract just the Holiday makers, which would require you to secure 3 months of clientel to cover your annual mortgage costs?

We have secured the assistance of an excellent and well established rental company who are able to assist you with whatever your rental ideas may be for these units!

This really is an investment to buy, ignore and hold for when the market re-establishes itself

Rental Company details below!

contact 0860701469 0539428020
Based on basic 1 bed Unit

Long Term Rentals, mortgage covered, NO cash flow, NO cash deficit

Mid and holiday rentals, these units could easily be rented out for €550 per week in the Holiday
months

Holiday Rentals, these units could easily be rented out during the summer months and attract €550
per week

Now what we are suggesting to all clients is to leave at least 3 months of mortgage cover in your bank
account, this allows you the opportunity if you choose short term to market and if you choose th elong
term, it allows the rental company the time to sign up the clients required...

Aproximate Mortgage costs
1 bed 550 approx per month capital and repayment
2 bed 600 approx per month capital and repayment
2 bed Penthouse 650 approx per month capital and repayment


Call sureletproperties.com

0860701469 0539428020

Contact details

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