Easley, SC (PRWEB) April 24, 2008

Capital outlay of only 20,000 EUR for well-located 2 bedroom golf apartments make Prados del Golf highly attractive to keen investors looking for below market value and minimum money down. Finance packages cover everything else (including furniture, VAT and purchase costs).

This is possible due to the unique financing package that has been formulated by IPIN’s finance partners, which uses the performance and stability of currencies the world over to offer its clients the best and most competitive rates. At this time for example, interest rates in Hong Kong are just 3.2% compared to a Spanish average of 5.5%; so why not take advantage? If rates in Hong Kong were to increase or a better deal becomes available elsewhere in the world, then your package can be transferred to the more favourable market in question. It’s that simple! *

This is just the kind of deal that shrewd investors in today’s Spanish market are looking for; completed, ready to move into properties at well below market value (bank valuations are available for inspection) with attractive finance options. The promoter’s prices have been slashed and represent substantial savings (as much as 81,000 EUR discount), even when taking into account the addition of furniture packs and purchase costs into the deal.

The apartments are artfully arranged over three building levels, alongside luscious fairways and enjoying fantastic views to the mountains and sea. On-site, residents can relax around one of the three swimming pools in the communal gardens. Only minutes walk away from a full range of local amenities and 1km from the nearest beach and town centre, the development’s location is arguably one of the best on the Costa del Sol. Not to be forgotten of course is this particular area’s amazing attraction to European homebuyers and investors.

The expatriate community in and around La Cala de Mijas is a very well-established one and English is widely spoken, making the area a sunny ‘home from home’ for literally thousands of tourists and expatriates. In fact, La Cala is one of the most in demand locations on the entire Costa del Sol, and is set to benefit from the extension of the main Costa del Sol railway line from Malaga which has been confirmed, and also a brand new Marina development, which is making its way through the relevant planning channels as of 2008 (project to be confirmed at a later date).

This combination of major discounts, outstanding finance terms and a great location of massive demand, mean that Prados del Golf is truly attractive for all property investors, offering a genuine cash positive rental investment for years to come. It is sometimes easy to forget that Spain remains the second most visited tourist destination in the world, behind France. It could be debated that if it were not for the tourist figures Paris generates alone, Spain would be number one. It is solid trends like this that investors are keen to tap into.

Today the Spanish market is arguably just as exciting as during boom years; in fact, developer discounts, distressed sales and highly motivated (often British) sellers all translate to a golden opportunity for buyers. This time, the opportunity requires more research and patience than before but the current market dictates strong profits for those willing to seek out the bargains now materializing.

Various interesting circumstances are being taken advantage of by wise investors; for example, the unfortunate choice facing some buyers is to default on completing their purchases and to lose their deposit and in some cases, this can be as much as 40% of the property value. Many developers are passing these savings directly onto a new buyer – effectively lowering the price to 60% of the original sale price.

In some other cases, prices can also drop purely due to currency fluctuations. Take another example of a British family selling their property in Spain with the intention of reinvesting the proceeds in the UK and realizing say, 100,000 GBP from the sale. A few months ago, with the exchange rate at 1.45, they would be looking to sell at 145,000 Euros (plus taxes and expenses). Now, they can afford to sell at only 125,000 Euros while still achieving their goal of 100,000 GBP – all great news for today’s investors looking to push prices down.

By the same token, Prados del Golf offers investors minimal exposure to the British Pound’s current poor performance against the Euro for transactions in the opposite direction. The 20,000 EUR capital required on this investment compares favourably with the standard 20-40% deposits normally required by developers in Spain, which would represent far greater exposure to the strong Euro at this time.

Danny Bance, Managing Partner at propertyshowrooms.com is convinced by today’s Spanish market potential, “Spain is now a great buyers’ market. Wise money is being spent by astute investors who can still make profits by seeking out exceptional opportunities such as this one at Prados del Golf…along with many others, I believe that 2008 is a year for shrewd investors to make some very smart, timely investments in Spain.”

All discerning property investors realize the importance of taking advantage of the most lucrative real estate opportunities as soon as they arise, before they become common knowledge. The International Property Investment Network (IPIN) operated by propertyshowrooms.com helps all types of investors in their quest to access up-to-the minute information on the very latest investment opportunities in the worldwide property market today.

*Mortgage offers are made subject to status.

###