Get your 5% rental income in Valle Romano Residences Estepona This proven property investment in Estepona on the Costa del Sol Southern Spain offers strong capital growth, guaranteed 5% yearly rental income, personal use, and a leading hotel group manages it

Estepona, Malaga, Spain

For Sale

€176,000

REF: 338420 €176,000


2

2


120 m2

Description

Get your 5% rental income in Valle Romano Residences Estepona This proven property investment in Estepona on the Costa del Sol Southern Spain offers strong capital growth, guaranteed 5% yearly rental income, personal use, and a leading hotel group manages it. To learn more about this, click here. It is a brand new modern 2-bedroom apartment for sale in Valle Romano Residences Estepona with 5% rental income guaranteed and all the services of a 4-star hotel resort.

This bright apartment is fully furnished and includes all the latest mod cons, fully fitted kitchens with quality appliances, two modern bathrooms, air conditioning, marble flooring, sunny terraces and underground parking. The prices are very competitive, which guarantees profitability and revaluation.

The high demand for the product and the exceptional conditions of the purchase secure the permanent revaluation. How does it work? The owner receives a fixed rent of 5% per annum NET for the first three years, and from the 4th year, the participation of the Hotel benefits with a guaranteed minimum for the whole period.

You will not have more expenses than the price of the property. The purchase expenses are only 4% between the AJD tax and Notary fees. You do not have to disburse the VAT in the deed. You have up to 5 years to compensate for the VAT. There are no running cost of water, internet or electricity bills. The apartment becomes part of a 4 * holiday complex managed by ONA Corporation.

ONA leads several hotel management brands with more than 20 years of experience in the sector and currently operates more than 27 hotels and resorts. At the same time, all the services of a Hotel will be at your disposal when you enjoy your 60 nights a year. These services are reception, cleaning, 24-hour concierge service all year round, shuttle bus service to the beach for all the residents during the summer months, discounts in all the other amenities of the hotel and golf, etc.

Where is Valle Romano Residences? It is set in the exclusive Valle Romano Golf Resort, a gated complex with 24hr security, a fabulous Club House with restaurant and Spa facilities. The residents have access to the swimming pools and discounts on any of the clubhouse amenities. Estepona's city centre, the beach, local amenities, and its beautiful Marina is within a few minutes by car.

The excellent climate, the high quality of services, and the fantastic communication with Malaga and Gibraltar's airports have made Estepona the chosen place to live or invest. See all properties in this area
Get your 5% rental income in Valle Romano Residences Estepona This proven property investment in Estepona on the Costa del Sol Southern Spain offers strong capital growth, guaranteed 5% yearly rental income, personal use, and a leading hotel group manages it. To learn more about this, click here. It is a brand new modern 2-bedroom apartment for sale in Valle Romano Residences Estepona with 5% rental income guaranteed and all the services of a 4-star hotel resort.

This bright apartment is fully furnished and includes all the latest mod cons, fully fitted kitchens with quality appliances, two modern bathrooms, air conditioning, marble flooring, sunny terraces and underground parking. The prices are very competitive, which guarantees profitability and revaluation.

The high demand for the product and the exceptional conditions of the purchase secure the permanent revaluation. How does it work? The owner receives a fixed rent of 5% per annum NET for the first three years, and from the 4th year, the participation of the Hotel benefits with a guaranteed minimum for the whole period.

You will not have more expenses than the price of the property. The purchase expenses are only 4% between the AJD tax and Notary fees. You do not have to disburse the VAT in the deed. You have up to 5 years to compensate for the VAT. There are no running cost of water, internet or electricity bills. The apartment becomes part of a 4 * holiday complex managed by ONA Corporation.

ONA leads several hotel management brands with more than 20 years of experience in the sector and currently operates more than 27 hotels and resorts. At the same time, all the services of a Hotel will be at your disposal when you enjoy your 60 nights a year. These services are reception, cleaning, 24-hour concierge service all year round, shuttle bus service to the beach for all the residents during the summer months, discounts in all the other amenities of the hotel and golf, etc.

Where is Valle Romano Residences? It is set in the exclusive Valle Romano Golf Resort, a gated complex with 24hr security, a fabulous Club House with restaurant and Spa facilities. The residents have access to the swimming pools and discounts on any of the clubhouse amenities. Estepona's city centre, the beach, local amenities, and its beautiful Marina is within a few minutes by car.

The excellent climate, the high quality of services, and the fantastic communication with Malaga and Gibraltar's airports have made Estepona the chosen place to live or invest. See all properties in this area
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Currency Exchange

Estepona, Malaga, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €176,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€176,000 £149,721 £154,271 £4,550
Property Price € €176,000
Minimum cost in the last six months £149,721
Maximum cost in the last six months £154,271
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,550

Estepona, Malaga, Spain

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €176,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€176,000 £149,721 £154,271 £4,550
Property Price € €176,000
Minimum cost in the last six months £149,721
Maximum cost in the last six months £154,271
Fluctuating exchange rates over the last six months could have increased the cost of this property by £4,550

The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £4,550 more.

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