From EUR 170,000 to EUR 195,000
Palatinum Golf, Spa & Sports Resort is an investment development situated on a popular established golf course in Murcia, Spain. The luxury apartments for sale come fully-furnished with air conditioning and a 2 year bank bonded rental guarantee. With prices starting from EUR 170,000 and only 30% deposit, this is one of the hottest investment deals in Spain right now. more...
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Properties for Sale [ more ]
EUR 170,000
EUR 195,000
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Further Information
1 bedroom apartments for sale at EUR 170,000
Luxury one bedroom apartments with a build size of 55m2. These apartments come fully furnished and include air conditioning. Beechwood doors, chrome mixer taps, modern door handles, fully fitted designer kitchen, ISDN, satellite TV.
2 bedroom apartments for sale at EUR 195,000
Luxury two bedroom apartments with a build size of 69m2. These apartments come fully furnished and include air conditioning. Beechwood doors, chrome mixer taps, modern door handles, fully fitted designer kitchen, ISDN, satellite TV.
3 ways to buy property at Palatinum
INVESTMENT ONLY
This is for those clients who want to take full advantage of the rental guarantee, not pay any community fees and not stay in the apartment, just use it as an investment. Clients can of course opt out o the rental guarantee contract as and when the contract is up for renewal if they then decide that they want to use the apartment as a home.
MIX OPTION
This option allows clients to take advantage of the rental guarantee but also have the option of using there apartment for up to 4 weeks a year excluding peek holiday times which are Christmas (24th-31st December inclusive), Easter week (these dates vary from year to year) and Summer (June, July, August and first two weeks of September). This option also means that you do not pay any community fees but if you do choose to use the apartment the amount of weeks you use it will be deducted from the rental guarantee that you are paid.
LIVING OPTION
This option is for those clients who wish to buy the apartment in order to live in it full time, they will need to pay community fees of approximately 50-70 euros a month. There freehold apartment is run within a fully managed hotel. A discount for residents at the golf course is also in place.
This is an excellent off plan investment opportunity to purchase a luxury 1 or 2 bedroom apartment within the exclusive, fully managed Palatinum Apart-Hotel complex in Murcia.
This is a quality development with a Bank Bonded rental guarantee and full ongoing property management & long term including:
- Fully furnished luxury apartments with air conditioning
- Priced at Euro 170,000 (1 bed) and Euro 195,000 (2 bed)
- Only 30% deposit
- Balance funded through Spanish mortgage
- 2 year Bank Bonded rental guarantee
- Up to 31,200 Euros IVA (VAT) can be recovered following build completion
Bank Bonded Guaranteed Rental Yield –Only 30% Deposit and up to €31,200 Euros Cash Back on build completion
Valuation & Capital Growth
Following research carried out within the area and land registry information that has been gathered, a Certificate of Valuation has been produced by Technical Architects. It shows that based on the comparison method and growth projections the Palatinum Apartments development value would be around €311,700 Euros on build completion. In other words, the Palatinum Apartments Apart-hotel is “under-priced” and has been strategically structured to provide investors with solid capital growth.
Banco Halifax Hispania SA has also certified that for mortgage purposes their valuation would be €286,000 Euros.
Location
Murcia is one of the fastest growing regions of Spain. Over the next 5-10 years it is expected to continue producing high capital growth as the infrastructure expand with a new international under construction and a high speed AVE train link being installed from Madrid to Murcia.
Numerous Marinas and Commercial Centres are also being built in the area. The Palatinum Apartments development is in a prime location, within easy access of 2 airports (20 minutes drive), the vibrant Murcia City (15 minutes by car) and the beaches of the Mar Menor are also close by.
Nearby Murcia is a prosperous dynamic modern city full of Mediterranean character. It boasts over 400,000 residents and a variety of commercial centres, sports facilities, and leisure activities of all kinds. Just 5 minutes away from the Palatinum development is the new state of the art “Virgin de la Arrixaca” Hospital.
The Main Building
The main building of Palatinum is situated at the heart of the resort and has been designed to integrate with the surrounding areas and complement the landscape. It has been designed to enable you to relax and enjoy as a natural extension of your apartment.
The reception staff at Palatinum are friendly, helpful, efficient and bi-lingual so that they can cater for your requirements. Staff will be able to arrange for room service, key collection, transportation, excursions, make golfing reservations etc.
This focal point is a modern building will provide a wide range of services where you can enjoy a sumptuous Mediterranean breakfast or alfresco lunch on a beautiful terrace overlooking the swimming pools or experience one of the spectacular sunsets over the valley of the golf course. Alternatively you can read though the daily newspapers, check your emails or just relax in air conditioned surroundings on one of the many comfortable sofas.
Why Buy Here
- 2004's prices - 4 years of capital appreciation profit made just on purchase
- Rental guarantee, at 4%, for the first 2 years
- 16% VAT cashback
- Fully furnished apartments
- Community fees FREE for those buying as investment
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