To almost everyone. The idea of owning an exclusive home in the costa calida area of southern
spain, has very special appeal.
Now the dream of owning a spanish property, whether just for weekends or the longer term, is
a reality. The advent of low cost flights from all parts of the uk means everyone can now reach
the warm spanish sun in a little over two hours. Chosen carefully, a spanish property will gain
in value and provide a reasonable return from rentals.
It will provide your dream holidays whenever you want them and it could even be an eventual
retirement home. Increasingly we are seeing younger couples with two good incomes and a
taste for foreign travel investing in spanish property. A home in the sun makes a compelling
alternative when compared to investing in a pension fund.
Many foreign investors from mature domestic markets are also coming to spain to enjoy the
high returns, particularly in the "buy-to-let" sector. At the end of the 1990's just over 1,000,000
homes in spain were foreigners and in the last 5 years this number is thought to have gone up
to 1,500,000.
It has been estimated that a further 1,000,000 new foreign buyers are expected within the next
5 years. However, you do not need to be "cash rich" to invest in your own dream home in spain.
The secret is to buy from the developer when the project is fresh from the drawing board, known
as buying "off-plan".
Cain & grey are preferred agents for polaris world golf resort properties and calidona estates
who are building fantastic villas and apartments set around hole designed golf courses- you can
start with as little as £20,000 followed by installments over a 14 to 24 month construction period.
All your payments are protected by bank guarantees.
Often the developer releases a certain number of homes well below the market value in order to
create demand. Those are often snapped up by our clients and once that happens prices start
to rise and continue to rise as the development nears completion. We have examples where
properties purchased off plan are resold even before completion at good profit.
At the end of the construction period you own a new golf resort property in a private, gated and
secure development, complete with a golf course, tennis courts, hotel, health spa, tropical
gardens and numerous swimming pools. Your property will be worth more on completion than
when it was on the drawing board.
In the last two years there has been a 28% per annum
investment growth in the murcia area of spain. That is the highest growth in the whole of spain
At this point you will have the choice of selling and taking your profit, or keeping the property
to enjoy for years to come. Spanish banks will lend uk residents 80% of the current value of
your property, also interest only payments are available.mortgage if required. Repayments can
often be covered by rental income. Rentals can be arranged through our company.
In this way many investors have made good profits in recent years.