Apartment 18 bedrooms 1 438 m² Benidorm, Spain

Benidorm, Spain
Archive cost €1,85M
Sold or out of date
Updated at: 01/06/2023

Location

Country: Spain
State: Valencian Community
Region: Provincia de Alacant/Alicante
Town: Benidorm
Address: Calle del Esperanto

Apartment parameters

Bedrooms: 18
Bathrooms: 16
Total area: 1 438 m²

Description

An elite modern complex with a panoramic view of the Mediterranean Sea and mountains and the resort of Benidorm!

Exclusive arrangement and between a prestigious urbanization Sierra Kortina and Bajiya de Benidorm and in close proximity to golf courses and to the Mitik's Terra theme park and to hotels and to a commercial zone of the region (La Marín and Lerua Merlen and Merkadona and...) and and also to all services of the powerful tourist center on Costa Blanca is the most exclusive and unique place!

the Complex with modern design and in which is thought over all to trifles and pools and tennis courts and social beach club and gym and of a locker room... All are issued at the different levels with impressive facing walls from a natural stone. It is supposed and that the size of these common areas of entertainments will be about 50,000 sq.m on a result.

As well as for all properties and constructed by leading company are and useded the best materials and technologies. Plannings of houses are executed according to the last engineering developments.
Comfort of future inhabitants — the basic principle in creation of infrastructure. There are all and that is necessary for full-fledged life. the Combination of characteristics and distinctive features of a complex do to
it absolutely unique for those and who highly appreciates importance of comfortable stay of the family.

SPECIFICATION.

Videodomofon and windows with double glazing and a steel entrance door. Interroom doors with the chromeplated handles and the built-in cases with sliding doors and regiments and a hanger for clothes. The kitchen is completely furnished and equipped with a modern set. Electronic household appliances are includeded: the induction cooking panel with 4 induction elements and an oven and an extract and the microwave oven and the dishwasher and the refrigerator and built in kitchen furniture. The equipment for bathrooms from white ceramic porcelain.


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Profitability from rent business of this investment property and at fillability of 80% and will make:
- upon purchase with a mortgage - from 15 to 20% and
- without mortgage - 12-15% and depending on a method of management and a promotion company and other factors.

Payback from 5 to 9 years. On demand we will provide the table of profitability and we will explain its data.


Payment method: a reserve - 5000€. March of 2019 - 25% less a reserve 5000€. The balance - 75% - in October, 2020.

Payment by installments for 2-4 months. 75% - 2314500 +10% of the VAT + expenses on purchase need to be paid on the transaction of purchase and sale and it is possible to issue the credit of 60-70% of cost under 3-3.5% per annum and that is and purchase of all block and consisting of 17 apartments and upon purchase with a mortgage and requires 43-54% = 30-40% - a contribution and 13-14% for expenses and taxes. Total and 1.326.980 - 1.666.440 euros.

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Location

Benidorm, Spain