Altos de La Quinta.
Marbella
A Dream Complex With a Clear Golf & Mountain View.
Investor’s Summary
Category: Real Estate
Horizon: 12Months
Investing from: >€100K
Yearly ROI: 7-12%
Start: 2023 Q4
Marbella
One of the most wanted Pearls of La Costa Del Sol.
22˚C Yearly average (71˚F)
320 days of sun/year
134.500 inhabitants
2,3M Yearly Tourists
Marbella is famous for its beautiful landscape and nature together with it’s jet set lifestyle and high end atmosphere.
Marbella Marbella offers not only luxury but plenty of attractive activities for families, golfers, outdoor- and water sport enthusiasts
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 La Quinta
A Perfect Located Apartment Complex in Benahavis Altos de La Quinta.
USP’s & Forecast
Primary scenario
Buy to Sell
Potential Return on Investment 12%
Second Scenario
Buy to let
Potential Return on Investment 5%
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College
Aloha Int. College - 11 min (car)
Shopping / Restaurants
Puerto Banus - 12 min (car)
Golf Clubs
Los Naranjos Gold Club - 6 min (car)
R.C de Golf Las Brisas - 8 min (car)
Aloha Golf Club - 10 min (car)
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This apartment has the perfect lay-out with non-bearing walls in the right places. It gives us the possibility to relocate the kitchen to the bedroom, next to the living room. By removing the wall between the new kitchen (old bedroom) and the living room, we will create an open living space with an open kitchen including a kitchen island.
The bedroom will be completed with an ensuite bathroom in the back.
Additions:
- Open living area
- Open kitchen
- Additional ensuite bathroom
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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. Profit margins will be protected by choosing materials that are not too expensive.
There will be a chance we will rent the furniture during the sale. In this case, the buyers will have the option to buy the furniture.
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Altos de La Quinta is surrounded by the most prestigious golf courses. Despite being up in the mountains, it's still only 12 minutes by car to the main harbor Puerto Banus and the nearest beach.
These attractive features that come with the location create new developments in the direct surroundings. The prices of these promising apartments start at €800K.
Current Related Listings
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.
>70% 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/altosq