Exciting Opportunity to Purchase an off-plan property
overlooking a golf course - in a luxury resort - 10 mins from the beach
with as little as just €3,000 euro down
and a deposit finance plan - Payment Free for 12 Months.
Plus the potential to cover your annual overseas mortgage repayments
with as little as 16 weeks holiday rental pa . That we can help you with.
No Catches or Cons - Yours to use or let - When you like
A User Friendly Option to a UK Buy 2 Let or Pension Plan - Paid for - by someone else
Exclusive Promotion from MANGO REAL ESTATE
EXAMPLE PROPERTY
New Two Bedroom Apartment
Stage 1 deposit 25%
Stage 2 deposit 15% in 9 months
Balance by Spanish Mortgage*
Reservation Fee of €3,000 euro around £2,158
Stage 1 Deposit 25% = Home Owner I.O. Finance Plan.
PAID for by us - for 12 MONTHS subject to terms conditions
Cash Deposit Buyer - Deal also available!
Secure Your Chosen Property - at this Years Prices.
Stage 1 deposit finance plan repayments - Paid for 12 months - by us.
All You Pay is the €3,000 reservation fee. Until stage 2 deposit is due. Subject to approved and actioned finance plan in place, terms & conditions.
Plus Benefit from the Following Exclusive Services
- Mango Rental Marketing Plan to assist in Generating a
Rental Income to Support the Mortgage. See the Rental Page for details.
- Low Start Finance Plans arranged from the UK
- Potential to enjoy Free Holiday Accommodation in
other Countries when you purchase with Mango Real Estate
- One to One No Pressure Property Inspection Trip
- Favourable Prices on Furniture Car Hire Insurance etc
UK Income Needed for Spanish Mortgage
Approx Single or Joint Monthly net of tax Income needed for the
mortgage amount shown* would be around £1,200 per month
Pay Slips and P60 needed. Self Employed options
Based on a 25 year period. Interest Rate at 5.50% .
Monthly Capital & Interest Repayment from £375.43
Monthly Interest only Repayments from £276.95
Rental Potential 16 Weeks short term Holiday Rental
Could Cover this mortgage.
The above Spanish mortgage is based on a 60% loan to value.
Current maximum no resident loan to value amount is 80%.
Mortgages can be arrange with and ending age of 75 to 80 years old.
Finance can be arranged in principle here in the UK.
All Finance Subject to Status change & availability.
All details to be viewid as a guide only with no contractual value
Currency Exchange rate used €1.45 euro to £1.00 sterling.
Potential to
Cover Overseas Mortgage
Repatments pa
with16 Weeks
Holiday Rental pa
Purchase Fees
Overseas property purchase fees and
taxes are often higher then what we are used to in the UK .
One of the main differences is purchase tax know in Spain as IVA.
On new build property this is 7% of the
purchase price.
You need to budget
10% to 12%+ of the
purchase price, for
fees. legal, and taxes
Less of
this
and more of
€140,000 around
€ 35,000
€ 21,000
€ 84,000
£100,719
£ 25,179
£ 15,107
£ 60,435