5th July 2010: Distressed Spanish Algarve Property
Buy repossessed apartments adjacent to the championship 36-hole Costa Esuri golf course on the Spanish Algarve. Surrounded by beautiful countryside, green and landscaped areas and with comprehensive facilities.
The properties have been priced for a very fast sale by the owning bank and are an amazing 55% below market value. Pre-arranged mortgages are available for up to 100% + meaning all costs could be covered and there are no price variations for units in the best locations. THE PROPERTIES ARE SELLING VERY QUICKLY SO ACT NOW.
Only a short drive to Ayamonte which is a charming Andalucian town with much to explore and Isla Canela with miles of completely unspoilt beach.
The apartments at the ground level have a porch and a garden between 26m2 and 360m2. The apartments on the upper floors, besides the terrace, have access to an enormous roof terrace of approximately 40m2.
· From £73,000 • €89,000 · Repossessed apartments in Costa Esuri Golf Resort · Extensive due diligence and market report complete · PROPERTIES SELLING VERY QUICKLY SO ACT NOW! · 55% BELOW MARKET VALUE · 100% PLUS MORTGAGES AVAILABLE · 2 bed from 89,000 - 102,000 EUR · Valued from 140k EUR today (180k in 2008) · 3 bed from 123,000 - 128,000 EUR · Valued from 190k EUR today (240k in 2008) · Price does not change for the best locations · On beautiful Spanish Algarve, 40 minutes from Faro · Elevated location, fantastic views to golf, river and countryside · Superb facilities including golf, sports, bars, restaurants · 3 exclusive hotels and deep water marina planned · Surrounded by protected land & forests · Communal pools and large communal areas · Fabulous beaches are 10 minutes away · Popular Ayamonte town close by