Please accept my apologies for sending out yet another newsletter so soon but for some of my clients this must be just what they have been waiting for!

Limited Offer - 2 bed Villa for just 5.000 euros down

How about a 2 bedroom Villa with garden space for just 5000 euros down payment and then a regular monthly payment equal to rent....yet you actually own the property?

This is just what one of our builders is now offering on his remaining 3 villas that are completed and 'Key Ready'

Here are the details.............

Las Mimosas

Las Mimosas is a group of just 4 semi-detached 2 bedroom villas located in a small residencial area on the edge of the village of Urcal.  These villas are 'Key Ready' and only need you to install the kitchen of your choice and you can move straight in.

The offer above is currently being made on the 3 villas that are currently sat unsold.

Each villa has around 200m2 of garden space which is plenty big enough for a pool and terracing or to just landscape into a beautiful garden.  In addition each villa has its own individual large roof terrace covering the majority of the property which together with the pergola covered terrace provides plenty of space for that al fresco lifestyle you come to Spain for.

So how do you get one of these for just 5000 euros?

5000 euros is all that is needed as a cash payment, the remainder is covered by a mortgage over a 20 year period resulting in repayments of 400 euros a month - about what you would expect to pay to rent a 2 bedroom villa in Spain. 

Obviously the mortgage and repayments are subject to status and interest rates can vary over time as with all mortgages however these figures are valid as of today.  A specific quote can be provided based on your own personal circumstances and terms can be varied according to your personal needs.

You can if you wish simply pay the new cash price of just 78.000 euros - in itself a further saving of 12.000 euros on its currently already reduced price of 90.000 euros

 
Large Roof Terrace with Views                          Dining Area leading to Kitchen and Bedrooms

......and how is all this possible when you normally need at least a 30% deposit for a mortgage?

Well the builder already has a mortgage on these properties and its just a simple exercise to transfer this to the new owner so there is no need to get a valuation - the existing mortgage amply covers this.   One of the benefits of reduced property prices in Spain.

In fact this also has further cost advantages as by transferring the mortgage you will save around 1-1.5% as you will not have any valuation fees or mortgage set up costs and much reduced tax costs.

Please note that this offer or the cash price of 78.000 euros will still incur you some additional costs including fitting kitchen units which you have total choice over.  Other costs should be no greater than 10% of the overall price and will include IVA tax at 7% of the declared value and all legal and land registry fees.  This is in line with all Spanish property purchases.

If you have not done so I also suggest you put our website in your 'Favorites' folder and frequently revisit the site as we are constantly adding further properties.   If you scroll down our Home page you will see the "Latest Site Update" section which will tell you what has been added.

Many thanks for your continued interest in our company and if there is a particular area, type of property or topic you would like to see featured in a future 'Property Update' then please just let me know.

Many thanks,
Peter

Casas Almeria Gestion S.L.L.,  Urb. Costa Fleming  118 bajo,  04600 Huércal Overa,   (Almeria),  Spain