The Roy Flamingos Apart Hotel Marbella, Malaga, Andalucia, Spain 1 Bed Flat £81,205 | €90,000 | $102,411 Request a Currency Exchange Quote Here

Below market value Apart Hotel Apartment in Estepona. This has an outdoor pools, Resturant, Bar, Gym and Spa. Sold 100% freehold to the buyer and then rented back by a major tour operator giving 5,000 euros per ammun.

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Property Attributes

Amenities & Services

Fully Managed, Swimming Pool, Parking, Security, Concierge, Bar, Communal Gardens, Creche, Gym, Laundry, Maid Service, Playground, Restaurants, Tourist Attractions, Management

Fixtures-Fittings-Furnishings

Fully Furnished, Air Conditioning, Alarm, Bath, Cooker, Dishwasher, Dryer, Fridge, Microwave, Shower, Sofa Bed, Toilet

Lifestyle features

Tourist Letting, Resort, Golf, Beach, Coastal, Theme Park

Property Features

Balcony, Terrace, Allocated Parking, Bay Windows, Dining Room, Disabled Access, Extensive Grounds, Fitted Bathroom, Fitted Kitchen, Fitted Wardrobes, Garage, Internet Access, Landscaped Gardens, Lift, Lobby, Off Street Parking, Sauna

Building Characteristics

Freehold

Purchase Incentives

Chain Free, Assisted Purchase, Deposit Paid, Legal Fees Paid, Stamp Duty Paid, Reduced Price, Free Furnishings
Property Description ID:16779198

The Roy Flamingos Apart Hotel

“Quite simply the best property deal I have personally seen since 2007.”

Set a short drive from the international resort of Puerto Banus, we currently
have the exclusive rights on the last remaining 20 units in the Roy Flamingos
Apart Hotel. These Apart hotel units based on a development with both indoor and
outdoor pools, Resturant, Bar, Gymnasium and Spa as well as other amenities are
sold as 100% freehold to the buyer and are rented back by the tour operator
providing the owner with the security of not only guaranteed rentals but full
payment of all costs of ownership. Add to this the fact that these are 50% below
current market valuation meaning that the capital value of your asset will
increase by between 50 and 100% over the Property business cycle and you have
what many are calling one of the best deal investor deals on the Costa del sol
since the recession began.

What this means for you

* Up 100% finance available, very high gearing means you get to keep your cash
for security or other investments.
* Buy with other peoples money giving you a better Return on initial investment.
* Guaranteed income from rentals takes away your risk of voids and gives
security of returns.
* Rentals with one of the biggest Holiday promoters giving you security of
payment and continuity.
* Complex full of facilities such as pools, Gym Spa meaning that you have a top
quality apartment for personal use or additional rentals.
* Tax back again means you spend less giving a better Return on Investment.
* Below current market value price gives you the confident ability to earn huge
capital gains over the business cycle
* Community fees and IBI taxes all paid for you reduce your cost of ownership
and give guaranteed returns via yearly income

With just 20 units remaining do not wait to inquire about these units.

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Important Property Information

Available Units

1 Bed Flat
  • GBP Price: £81,205
  • EUR Price: €90,000
  • USD Price: $102,411

Key Selling Points

  • Vat reclaimable saving up to 10-000 euros
  • Hands free Armchair investment
  • All costs of ownership covered
  • Rental Guarantee with major International Tour operator
  • prime location close from the international brand resort of Puerto Banus
  • 50% below current recession market valuation
Mortgage Information
Investment Facts

Category : Bank Repossession

Cash requirement : £81,205

Discount: 37% to Historic Price

We have original sales valuations at 145,000 euros

Finance: 113% LTV at 3.00% Interest Rate

Reservation Fee: 6000.00 EUR

At Reservation

Current Condition : New

Direct from Developer

Furniture : Furnished

Fully furnished and ready to use

Income Term: 1 Years

one year left on the contract

Returns Start In...: January 2018

Paid upfront each year by tour operator

Personal Use: 9 Months per Year

Personal use September to March

Capital Growth:

recent growth, we had these for 63,000 euros in 2015
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