Specification
Features
Location
Description
This brand new development in the center of Torrevieja is set in 4 floors + penthouses, with 2 basement floors for garages and storage rooms, divided into 6 different types of brand new residential apartments. These Penthouse Apartments consists of 2 bedroom, 2 bathrooms, living/dining area, and fully fitted kitchen. The property benefits from a private solarium. In addition it has 2 floors basement with large garages and storage rooms. The property also benefits from air conditioning and a communal swimming pool and leisure area.
New Build 2 Bedroom Penthouse Apartments from 109,900
Furniture Packs for a 1 Bedroom Apartment = 3,900
Rental Pack for a 1 Bedroom Apartment = 2,500
The first 5 properties reserved have a promotion which includes the furniture pack
There are 5 rental options;
Option 1 : 1 Year rental no guarantee however the management company expect a yield of around 10% per annum paid in arrears at the end of each contractual year (there is no minimum investment amount)
Option 2 : 5.5% per annum rental guarantee paid in arrears at the end of each contractual year (there is no minimum investment amount)
Option 3 : 5% per annum rental guarantee paid in advance at the beginning of each contractual year (there is no minimum investment amount)
Option 4 : 5 Years @ 5% per annum rental guarantee so 25% over the term. Payments are as follows; 12.5% paid on signing of contracts i.e. day 1 and 12.5% paid at the end of the 5th contractual year (under this option there is a minimum total property investment of 250,000 i.e. 3 + properties purchased)
Option 5 : 5 Years @ 4% per annum rental guarantee so 20% over the term. Payments are as follows; 20% paid on signing of contracts i.e. day 1 (under this option there is a minimum total property investment of ?250,000 i.e. 3 + properties purchased)
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