Villas completely sell out at the popular Mojon Hills Resort
By Frank Janmaat, 11 Jan 2012
A selection of villas for sale in Mojon Hills Resort released by PropertyInSpain.Net in the last quarter of 2011 have sold out within 2 months as buyers looked to take advantage of the 107% mortgage deal on offer. Two and three bedroom villas with rooftop terraces and sea views were put on sale with Spain's best deal, only EUR 3,800 deposit needed.
All that remains now are a selection of 2 bedroom apartments with large terrace, great sea views and the same deal as 2011 thanks to the Spanish Government extending the 50% discount on tax on all new property.
Buyers can complete on one of these key-ready apartments for as little as EUR 3,500 with mortgages at a fixed interest rate for 3 years. Renting out the apartments should be a breeze when work begins on Paramount Park Mucia, a brand new theme park (think Universal Studios) located just minutes away.
Mojon Hills Resort sits on a hillside position looking down onto the town of Mazarron and to the sea. a 2 bedroom apartment with large terrace can be bought for around EUR 150,000 and deposit only EUR 3,500.
Deals like this look set to kick-start 2012's property sales in Spain.