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The Spanish property market is still booming.

Capital growth has been averaging around 25% per annum for ‘off plan’ property during the construction stage and around 14% for existing property.

Add to this the fact that letting a furnished property should also cover the mortgage costs and generate a profit.

The superb weather and abundance of golf courses gives property owners all year round letting potential.

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Many Northern Europeans simply go to Spain to escape the harsh winter. Flights to Spain are plentiful and cheap and the flying time is only just over two hours from the UK.
Around 1 million more Europeans are expected to retire to Spain over the next few years, as the cost of living is cheaper compared with other EU countries.

The huge UK community in Spain is without equal in any other European country and the number of UK services and businesses ensures that this trend will continue for a long time.
In short, the reasons given above illustrate plenty of demand for Spanish property that should result in continued price rises.

Perhaps the most amazing aspect is that only a deposit on a property will secure you capital growth on the full property value.
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WHY INVEST OFF-PLAN?

This simply means buying a property from builder's plans and is a very popular form of investment. The greatest capital growth can be during the construction period (c.20-25% per annum currently).
“OFF-PLAN” PURCHASE IS A SUCCESSFUL PURCHASE BECAUSE:

* Your property is priced below today’s market value.

* Your equity is limited to only 20-30% of the purchase price
while you get growth on the full value.

* You can sell the property during construction.

AS AN EXAMPLE:

* A property is available for £150,000.

* Your deposit is 30% (£45,000).

* The remaining 70% only needs to be paid on delivery of the
property - you do not need to pay this if you sell before completion.

* The property value increases to £240,000 during the 2 year build.

* You sell for £240,000 - you have made a gross profit of £90,000
on an investment of £45,000. (Still a huge profit even after legal
fees, tax and sellers commission have been deducted.)

If monies are paid via a lawyer and there are any problems you will receive all your money back, plus 6% interest, this is fully enforceable by Spanish law.

 
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
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Contact us NOW to find out more. - Call from Spain: +34 952 811 280
info@dallimore-marbella.com - www.dallimore-marbella.com