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"Off-Plan" Properties in Spain
The following property is (at the time of going to press) available
to purchase off-plan through Invest-in-property plc, subject to
their terms and conditions. Please refer to their 'Off-Plan in Spain'
brochure and Confirmation of Instruction document, which will require
the investor's signature before the property is formally allocated,
and lawyers instructed.
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Arenal Golf 2000, Benalmadena Costa,
Costa del Sol, Spain
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Price: €224,668 (£157,268*)
+ 7% IVA & €225,057 (£157, 268*)
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Choice of two superior 2 bedroom, 2 bathroom first floor
apartments
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West facing terrace, communal pools, tennis courts, leisure,
health & fitness and commercial centre
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Situated on new 18 hole golf course - only the second course
in the area
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15 minutes Malaga Airport, 25 minutes Marbella & Puerto
Banus
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Completion Mid 2006
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Capital requirement: £50,483*
Payment Plan: Reservation Deposit £4,494*
(now)
Exchange of Contracts £45,989* (April 2004)
Projected Return (assuming 20% capital growth pa) £76,861*
As a percentage of capital outlay 152%
Expressed annually 61%
(* = current sterling equivalent, but subject to exchange rate
movements)
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