Villa Mano 2

A villa in the Arboleas area

Villa•Detached•Newly Built

Land area - 600 m²•Floor area - 106 m²

3 bedrooms

2 bathrooms

Water : Mains      Electricity : Mains

Telephone : Possible      Internet : Possible

Swimming Pool : Possible

Safe Purchase Guarantee: Yes

This Property Would Suit...

In Feb 2010 the government of Andalucia announced a scheme to assist cash strapped constructors and kick start the flagging housing market by giving all EU residents which meet the age criteria a very affordale way of purchasing a property. The scheme has only just become operational and even when fully evolved will assist only a very limited number of handpicked constructors.
The scheme works as follows. A mortgage is issued to the constructor of a particular property. This mortgage is transferable to the buyer and repayments will be subsidised massively over the first 8 years of the term ( by approx 45%). This enables the constructors who have negotiated this to sell their property at a very low cost and allows buyers to purchase a property with mortgage payments that are well below market rate and even rental payments. WHY RENT WHEN YOU CAN BUY
KEY BENEFITS
100% legality assured
Most affordable way to purchase a property
No need to be a cash buyer to take full advantage of current knock down prices
Below are details of the 1st property of this type to come onto the books.
It is a top spec 3 bed villa in Los Higuerales- Arboleas priced at just 134,000 euros (now reduced to 125k)
PAYMENT DETAILS
Purchase price 134,000 euros
85% Transferable mortgage in place 115,000 euros over 30 years( age permitting )
Down payment required from client 19,000 euros
Mortgage payment years 1-8 200 euros per month
Approx mortgage payment from year 9 360 euros per month
At the end of the 8 year subsidy the amount subsidised ( in this instance approx 15,000 euros) is added back on to the remaining mortgage and repayments at a rate of just 2.2%

NOTE THE MORTGAGE % AND TERM CAN BE TAILORED TO YOUR REQUIREMENTS AND ABOVE ILLUSTRATES MAXIMUM AVAILABLE.

In addition 10% for taxes, fees etc required at time of deposit

Description...

This fantastic value key ready 3 bed, 2 bath property, in Almeria is located just 8 minutes drive from the village of Arboleas in a popular location known as Limaria, it has stunning mountain views.
This 106m2 house, on a plot of 600m has been tastefully decorated. It briefly comprises 7m hallway, a large light and airey 28m lounge/diner with feature log burning fire,a large 12.5m modern fully fitted kitchen white goods are included, utility room, 3 double bedrooms with fitted wardrobes, the master being 14m with fully tiled en-suite bathroom and a further family bathroom.
Outside, the villa is fully walled.There is room for an 8x4 swimming pool where you can enjoy the fantastic mountain views.
The property also benefits from:
• 1 metre stone cladding
• Security grills
• pre-installed air conditioning to all rooms

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Purchase price includes our Safe Purchase Guarantee

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Safe Purchase Guarantee

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