ALTOS DE LO CEA
Rincon de La Victoria
A Potential High Return Real Estate Investment In Rincón de La Victoria
Investor’s Summary
Category: Real Estate
Horizon: 24 Months
Investing from: >€50K
First Mortgage Right: >80% Loan to Value
Yearly Guaranteed ROI: 6,5%
Start: 2023 Q4
Málaga
One of the Fastest Growing Real Estate Market of La Costa Del Sol.
22˚C Yearly average (71˚F)
320 days of sun/year
134.500 inhabitants
2,3M Yearly Tourists
Málaga
Investing in real estate in Malaga is a golden opportunity. This charming coastal city offers a thriving property market with a Mediterranean climate that attracts tourists year-round. Whether you're looking for a beachfront apartment, a historic city center property. Malaga has diverse options. The potential for rental income and property appreciation is high, making it a smart choice for investors seeking both short-term returns and long-term growth. Don't miss out on the real estate opportunities this vibrant Spanish gem has to offer.
La Costa Del Sol
Málaga and its region are recognised as one of the most Vibrant & Promising regions in the EU.
Known for its idyllic beaches, lively culture, and delicious food, Málaga is proving popular with visitors looking for less apparent cities to visit this year.
Corporates like Google, Vodafone, PWC, Ericsson, and Accenture are moving departments & assets here.
The companies are looking for a balance between lifestyle quality and professional opportunities.
Málaga International Airport
Direct Flight New York - Málaga (United Airlines)
1-in-4 Real Estate Buyers are Foreigners.
Top-5 are from UK, Germany, Denmark, Sweden, and Belgium
Altos de LO CEA
A Perfect Located Complex with Amazing Sea Views
USP’s & Forecast
Primary scenario
Buy to let
Guaranteed Yearly Return on Investment 6,5%
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Airport
Airport Malaga Costa del Sol - 30 min (car)
Sight seeing
Catedral de la Encarnación de Málaga - 20 min (by car)
Museo Picasso - 15 min (by car)
Museo Carmen Thyssen Málaga - 20 min (by car)
Plaza de la Marina - 20 min (by car)
Parque de Málaga - 20 min (by car)
Shopping / Restaurants
Calle Granada - 20 min (by foot)
Plaza La Merced - (20 min)
Beach
Playa Rincon de la Victoria - 12 min (by foot)
Playa de La Malagueta - 20 min (by foot)
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The apartment will have a modern and high-end look because of its fine craftsmanship. The staging will match the upholstery of the apartment.
Our Journey Together
1
Share-Of-Opportunities
We share our best Opportunities within our core group of investors.
2
Potential & Conditions
Based on your investable capital, situation, duration, interest rates, terms, etc., we draw up our agreement.
3
Signature & Investment
After the ink of your signature is dry, we receive your investment.
>80% of total investment might request First Mortgage Right.
4
Interest & Results
As per our agreement, we deposit your monthly interest in your account.
5
Profits & Beyond
After the expiration date we liquidate the investment, return your initial investment plus your share-of-profit, and we both evaluate and look forward to continuing our successful journey together.
The Mortgage Right
Spain’s Mortgage Right is an Interesting Element in the Real Estate Landscape.
In Spain, it is possible to register a Mortgage Charge over the property if the Money is “Leant” to buy the property. It will have to reflect the Loan Agreement (Interest rate, amount, maximum date…etc) The Borrower has to have a Tax Identification Number (For a BV = CIF / For a physical person an NIE number).
The costs to register the Mortgage Charges are 1.2% Stamp Duty Tax over the Full responsibility of the Loan, Notary, Registry, and Tramitation Fees. It can be a Unilateral Declaration, but in order to register it at the Land Registry, the Borrower has to RATIFY the Deeds in 1 month. This can be done at a Notary in Holland.
When a Mortgage Charge is registered, it is public Information. The Buyer can't say he didn't know it existed. The mortgage charge needs to be registered over the property at the Land registry office. The standard procedure in Spain is that the Bank/Lender comes to the Notary on the day COMPLETION takes place with your buyer, and receives a cheque (Bankers draft), from the buyer, to cover the debt. At that moment the Bank/Lender/Investor has to sign that he has received the full amount owed and that the Mortgage charge can be unregistered.
A Mortgage Charge, registered over the property at the Land Registry Office is the best guarantee for the Lender. If he does not receive the money, your buyer will be taking over the payment obligations of the debt. If the debt is not paid, the LENDER has an execution right to put the property up for Pubic Auction to receive the money owed.
CONQUÈR
Conquèr - We believe the best way we can serve you is by taking ‘quèr’ of the Right things.
Conquèring your dreams with & for you.
‘The Accent in the Right Places.’
Delano Appels
Partner
Lorenzo Tjon
Partner
www.conquer.nl/calle-beatas