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  • 8/12/2019 Southern Spain Investment Opportunity-Gaspar Lino

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    PENINSULA | WHAT THE MEDIA SAYSEASIER / PROPERTY NEWS

    PROPERTY 05/09/2006

    Southern Spain has long beencrying out for a new investment vehiclefirmly targeted to the serious propertyinvestor and it has now arrived inGranada, in Southern Spains Andalusianregion. Investors will earn a guaranteed5% net rental return on their propertiesfor up to ten years, giving you a whopping50% back on the value of the property.

    This formula for success doesnt eventake into account the current healthy14% capital appreciat ion being

    experienced in the Granada Province, which further enhances your investment. The project in question is MedinaFairways within Medina Elvira GolfResort. A select development of apartments,penthouses and lofts ranging betweenone and four bedrooms in a superblakeside setting, just ten minutes fromthe centre of Granada and 25 minutesfrom Sierra Nevada. Residents havethe luxury of 18-holes of championshipstandard golf on their doorstep, plus theResorts boutique hotel and spa, horse

    2008. An 80% mortgage us availableto all buyers.

    Granada is truly a breathtakingcity, the jewel in Andalusias crown,boasting such treasures as the Moorishpalace of the Alhambra. The city is setat the foot of Spains highest mountainrange and best ski resort, Sierra Nevada.Basking under sunny skies yet justmoments from the ski slopes, easilyaccessible by low coast airlines toGranadas Airport (look to Ryan Air,

    Monarch, Iberia form London) and justover an hour from sandy beaches,Granada is perfectly placed for bothliving and holidays. Whether yourpassion is for sea or ski, you cancomfortably satisfy both by taking to thebeach in the morning and sloping offto the snow by the afternoon

    riding centre, shopping arcade, sportscentre, lakeside activities, private schooland on-site property management, allprotected by 24-hour security. Medina Fairways is unmatched interms of views. Each of the 186 unitsenjoy either golf, panoramic lake orinspiring Sierra Nevada views, or indeeda combination of the three. All propertieshave top of the range fittings and finishingssuch as satellite TV and ADSL lines,natural stone walk-in showers, wooden

    floors in all bedrooms and underfloor heating in all bathrooms. Parking andstorage are included, and residentshave the swimming pool set in landscapegardens. One bedroom apartments startfrom just 183.400 euros and the 5%guaranteed renal yield is offered overa two, five or ten year period. Favourablepayment terms with only 10% downnow another 10% due in 1 year and

    80% of the purchase price payableupon completion towards the end of

    Southern Spains best investment opportunity