Property for Sale - Spain

Spanish signature golf - at giveaway prices.

IF YOU ARE INTERESTED IN ONE OF THESE APARTMENTS OR WOULD LIKE MORE INFORMATION, SEND AN EMAIL TO: barry@barrytyler.com

STRUGGLING DEVELOPERS MEAN GREAT OPPORTUNITIES - BUT BUY CAREFULLY.

Success breeds success and after so many years as a professional investor I get some amazing deals come across my desk each week. Deals that the average investor would kill to get a hand on. As a member of the “Barry Tyler Inner Circle” you will be delighted to know that I will be sharing many of these deals with you on a regular basis. I do not have the time, or indeed the inclination, to get involved in every deal that comes my way so this is a fantastic chance to cherry-pick the ones that best fit your own personal investment strategy. This week I was offered the chance to buy 2 - bedroom apartments on the front line of a signature golf course in Spain.

ISN'T SPAIN OVERSUPPLIED WITH PROPERTY DEALS AT THE MOMENT?

Many parts of Spain are massively over-stocked with poorly built property that no one wants. Meanwhile, other parts are very much sought after and the opportunity to get front line on a signature golf-course is very rare. Provided there is strong rental demand the only question is price.

HALF THE PRICE OF SIMILAR DEALS THAT WERE ON THE MARKET LAST YEAR.

Whichever country you look at, All developers are struggling at the moment, so it’s all a question of getting a great price. As a property investor you know that the first tranch of property a desperate developer sells will always be the cheapest. If the bank is on his back he needs to raise money fast but as sales progress the cost of future sales will always be higher.

OTHER DISCOUNT FOR OWNERS INCLUDE 50% DISCOUNT ON GOLF PACKAGES AND 50% DISCOUNTS ON RESTAURANT BILLS.

WHAT'S THE DEAL?

What’s on offer is a "bank encouraged" deal (meaning the developer is desperate) to purchase a two-bed apartment on a recently completed signature golf course in Murcia, Spain.

A front line apartment costs £87,000 or a garden facing apartment costs only £83,000 based on £1 = €1.15. Other benefits include:

Free legal package worth £1,000.
Choice of front line or garden.
White goods included in the deal.
Rental packages (up to 6% yield).
50% discount to owners on green fees and restaurant bills.
Access to five other golf courses

The development and the golf course were completed at the end of 2009 so you can visit the development and see exactly what is on offer.

HOW MUCH WILL I NEED TO PUT INTO THE DEAL?

Mortgages are available from between 70% and 90% meaning you will need very little capital.

Spanish mortgages with rates from 3.5% are already in place for these properties.

Other Features:

Very limited availability.
30 minutes from airport.
10 minutes from beach.
Secure gated community.
Excellent security features.
Mortgage rates from 3.5%.
Half the price of similar deals.

AN AMAZING DEAL BUT ONLY 20 AVAILABLE.

Spain is ripe for bargain hunters right now but you must choose a quality build and a quality location. This is an opportunity to buy at half the price of similar deals and the bank will confirm that it has these properties on its books at double the offer price. This is a finished development meaning there are no worries over whether it will be built or whether the quality will be as you expected. The stunning signature golf course is now open and fully operational.

This beautiful 2 bedroom apartment faces the landscaped gardens
and has huge roof terraces with stunning views.

HOW MUCH DO THEY COST?

PRICES AS OF JANUARY 2010

FRONT LINE GOLF APARTMENTS ONLY £87.000

GARDEN FACING APARTMENTS ONLY £83,000

DEPOSIT REQUIRED = 30% Based on current exchange rate of @1.15

Property for Sale - Spain