Residencial Santa Ana del Monte Jumilla Golf |
Development Report:
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Description
Can you imagine living between two golf courses in lush green surroundings within walking distance from a luxury 5 star hotel with SPA facilities, a Multi-Sports complex, Heated Swimming pool, shops, restaurants, Apart-Hotel, a Driving Range, a Private Golf School and a top Equestrian Centre, FOR LESS THAN 100.000?
This paradise is located as you arrive in Jumilla, just 30 minutes from Murcia, 1 hour to San Javier, 40 minutes to new Corvera International Airport projected to 2009, and only 1 hour to the beaches of Mar Menor.
Set in an area of 6.500.000 sq.m. the project offers 750.000 sq.m. of green areas and free spaces, 200.000 sq.m. of Comercial Premises. Both Golf Courses will have a total area of 1.600.000 sq.m.
Santa Ana del Monte Golf Resort will provide two Professional Standard Golf Courses, par 72, designed by the renowed Pepe Gancedo, six times Spanish Amateur Champion and 7 times runner-up, winner of 30 International Championships and awarded with the National Medal of Sports Merit.
Come and play a round of Golf or enjoy the many other sports and leisure activities that Santa Ana Golf Resort has to offer. Alternatively you can just relax and soak up the peace and tranquillity in an are of outstanding natural beauty.
Points to note |
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Location |
Map |
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Apartments |
Semidetached |
Villas: |
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| Prices From: | €98.900 – Ground Floor Apartment | Prices To: |
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| Reservation Fee: |
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Build Size: | Various | |
| Mortgage Available: Yes - Please Enquire regarding mortgage options | ||||
| Investment potential: EXCEPTIONAL!!! | ||||
Building model types:
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Apartment
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Prices
from
179.400 € |
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Bungalow
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Prices from 119.000 € |
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Semi-detached
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Prices from 129.000 € |
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Villa
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Prices from 184.100 € |
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Villa
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Prices from 215.600 € |
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Villa
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Prices from 251.300 € |
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Villa
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Prices from 503.350 € |
Images
(Click on any of the images to enlarge)
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Rural Paradise |
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Nature at it's best |
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36 holes to play |
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Living in Luxury |
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Freedom of Choice |
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Santa Ana Golf Resort |
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Master plan |
Financials
Reservation Fee: 3,000.00 - Required immediately to reserve unit and freeze price
Deposit:50 % one month after the initial reservation on signing of PPC (Private purchase Contract).
Completion:50%
* All prices are subject to IVA @ 7%. See case study.
Mortgage Example
On a Santa Ana Golf unit at a cost of €98,900 after paying the required 50% initial deposit investors will look to mortgage the remaining 50%. This results in a total mortgage value of €49,450 + 7% IVA = €52,911’5.
Interest Only Mortgage Option (30 years)
52,9115 could be placed (Subject to status) on an interest only mortgage at an example rate of 3.68% resulting in monthly payments of 16226.
Capital Repayment Mortgage
Alternatively the remaining €52,911’5 could be placed (Subject to status) on a capital repayment mortgage over 30 years at an example rate of 3.68% resulting in monthly repayments of €242,94
* Potentially mortgage repayments
can be off-set against property rental.
* Repayments shown are monthly
* LTV based on assumption that final valuation
on completion will be at least 5% more than the
purchase price
* On LTV´s where we have quoted balance
due, an amount up to 80% is available
* All loans are subject to status and age at the
time of application
* Your home may be repossessed if you do not
keep up repayments on your mortgage
** Please note that above information is intended for example purposes. For current accurate mortgage information please contact
Case study
Why is the Santa
Ana Golf Resort a good investment?
* 2 Bed Apartments from only €98,900
* 2 Prfessional Golf Courses designed by Pepe
Gancedo.
* Many facilities including sports and shopping centres,
health centre and hotel.
* High rental demand expected due to above
facilities and location
* Many onsite facilities
With potential rental from Golf, and country lovers
extending the rental window to much of the year and
in addition to the amount of in-house facilities
this is sure to be a popular investment, generating
good capital growth and rental demand. Investors
will be interested in the excellent property prices.
Investor Protection:
* Building license in position
* Bank guarantee in position
Example Case Study:
- Investor X decides to purchase a 2 bed apartment on the Santa Ana Golf development for €98,900.
- Initially he pays €3000 to reserve his prefered unit and to freeze the price. After around 30 days he signs the purchase contract (PPC) and is required to pay 50% of the value of the property. This amounts to €46,450(€49,450 - €3,000 deposit already paid).
- The investor is also required
to pay 7% IVA on the €49,450 (which amounts
to €3,461’5) making a total required
payment of €52,911’50.
- On completion of the property the remaining
50% + IVA of the value of the property is due and
investor X seeks a mortgage over 30 years to repay
this.
- Investor X decides to operate a "buy to let" policy and utilises the on site management company to manage the rental of his property while also advertising at local golf clubs to ensure he enjoys a high occupancy level and corresponding income stream.
* Please note that above information is intended
for example purposes only. For more information
regarding mortgage options see example in Financials
section of this investors report or for current
details speak with your IPIN advisor or contact
More information:
