There are few things you must get right when making a decision:
And guess what...Montevideo hills has it all:
We have been working close with this development over the past few years and discovered that it ticked the entire box's for all the above and can now offer these to our clients who wish to purchase.
Located just off the coastal road known as the "new golden mile" this fabulous development is situated in the peaceful settings of El Campanario golf resort which has one of the most stylish and exclusive clubhouses in the area.
If You're near a 5 star hotel its a good sign that you are in the right location as these business's very rarely get the locations wrong.
Some people may not wish to rent their property out and just have it for personal use; however, it's nice to have peace of mind that if your personal circumstances change the option is there for you.
Now, this is not by any means guess work. The 6 properties we control here were fully booked through out June, July, August and due to the poor summer in the UK (again!)We are nearly full in September. Also 3 townhouse villas are fully booked for May 2009 so there is an urgent demand for more.
As you will see in our rates we charge £1350 (1700 euro) per week in peak season, so the return for investors is excellent and when you are not using the property yourselves or for friends and family. Your mortgage and costs are being mostly covered if not all!
Montevideo hills is a small development of 55 townhouse villas which are unique to other townhouses in the area. they are double fronted and are 160m2.
They are architecturally designed and constructed in true Andalusia style and boasts inspiration from a typical Spanish street in Rhonda.
Once all are sold there will be very little to compare in the area, Unlike, developments consisting of many apartments that look very similar to each other, and suffer price wars with sales and rentals.
As we are all aware property prices are falling in the UK and have bottomed out in Spain, so there has never been a better time to buy.
2 years ago we had a bank valuation of 703,000 euros for a property in Montevideo hills and now we can purchased these townhouse villas from just 450,000 euros! So that's 250,000 euro saving or discount!
We can help with the purchase process of these properties and will recommend reputable lawyers, mortgage brokers and even take the stress out of furnishing your new property.
12 weeks high season 2009 rental prices based on 1.25 conversion rate:
Total rental income 25,000 euros and that's not counting weeks booked out the rest of the months.
So this property will cost you as little as 600 euro per year and in ten years time could be worth double.
If you have never stayed in one of these properties why not take advantage of our "try before you buy" offer.
Book a townhouse villa for a holiday and if you purchase we will refund the cost of accommodation and 500 euro towards flights.
For more information please email email@example.com
The fact is that the British buy to let market is moving over seas and many investors feel comfortable in Spain due to its marvellous infrastructure. It’s the most popular destination for brits and Europeans alike especially the Costa del Sol which boasts warm a climate all year round. The rental market is strong as long as your property is furnished to a high standard and you get the location right.
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