Off Plan Property Spain, Costa Blanca/Calida, Off Plan Costa Blanca/Calida Spain Property Regional Information

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Buying 'off plan' property in Costa Blanca, Spain gives you as an investor various capital and rental growth opportunities. The returns on the difference between your 'off plan' purchase price and the finished development 're-sale' can be upwards of 50% plus return on your initial investment. It is also possible to enjoy holiday rental returns on you spanish new build property either privately or through a management company to fund your mortgage repayments (it any).

Developers are always keen to sell as many properties as early as possible to improve cash flow which is often known as Phase 1/2, to minimize development loans from banks etc. In order to sell before construction has started, the developer sells 'off plan' at extremely competitive prices because investors only have plans, computer simulations and site markings to imagine the finished product.

As well as buying at under finished market value in the early stages 'off plan', you normally you only have to pay 35% of the purchase price as a deposit and/or phased payments ar different points of the construction.

The property can normally be financed at the late stages of development:

**Spanish Mortgages, Costa Blanca Direct - Click here to make an enquiry for mortgages in Costa Blanca, Spain

An apartment being purchased 'off plan' at €100,000 with schedule for completion in 24 months would mean an initial payment of 35% deposit = €35,000. The project proceeds according to schedule and you sell the completed apartment for €150,000 within 24 months and make €50,000 profit = 50% return on your initial investment.

Property prices are increasing annually at a steady 15-20% in Spain with interest rates averaging at 3%.

Please feel free to browse through our on-line property database and please do not hesitate to contact us for further assistance on UK - +44 (0)023 012 9957.

For more information on Costa Blanca Off Plan Property and to arrange your viewing visit:

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Off plan Property in Costa Blanca/Calida

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