news date: Thursday, May 04, 2006
News ID # 2197
If you are looking for a low-deposit route into ownership of a property in Spain, or are seeking 100% finance to cover the purchase, we may have found the perfect place.
El Vicario is a beautiful development of 2 and 3 bed apartments, situated on a hillside in the fashionable Marbella district of Elviria, with magnificent views of the surrounding mountains, golf courses and the Mediterranean Sea. On-site there is a lovely swimming pool, gardens and tennis court. Within a 2 minute drive, you can access a tendy coffee/wine bar, restaurant and tennis club and within 7 minutes you can be on the beach at Elviria, in the shops and supermarkets or on the golf courses of Santa Maria or La Cala Resort.
Properties are priced from just 260.000 euros, and include air conditioning, parking, storage room, fully equipped kitchen , luxurious bathrooms and large terraces. Crucially, recent bank valuations for similarly priced properties at El Vicario have been around 350.000 euros. As a non-resident, you may be able to borrrow up to 75% of the VALUATION, meaning that you may be able to obtain a mortgage of around 262.500 euros - thatīs around 100% of the purchase price!
These properties are ready to enjoy right now, and you could be enjoying Summer 2006 with views like this one -
