Spanish Costa Properties Newsletter July 2003

Spanish Costa Properties
Newsletter
July 2003

In this issue

1. WHAT HAS HAPPENED TO YOUR INVESTMENTS OVER THE PAST 24 MONTHS?
2. NEW DEVELOPMENTS - NEW PROPERTIES FROM Ł53,000 TO Ł300,000
3. LATEST RESALES
4. EXCHANGE RATE ON THE UP
5. ABOUT SPANISH COSTA PROPERTIES

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1. WHAT HAS HAPPENED TO YOUR INVESTMENTS OVER THE PAST 24 MONTHS?

What has happened to your investments over the past 24 months?
Have they like the vast majority of peoples' hit an all time low?
Are you just tired of receiving letter after letter from
insurance and investment companies, down-sizing your investments?
Is the bottom line, you are paying management charges to
individuals and companies to lose you money?

There is another way.
EXAMPLE NUMBER 1
CRYSTAL WATERS
Clients who purchased on plans at the start of our Crystal Waters
Development just two years ago purchased a two bedroom, furnished
apartment, with a private car parking space, for between Ł39,000
and Ł43,000 Today the same apartments in phase 5 (the final phase)
are selling from Ł84,000 to Ł95,000 An increase of Ł45,000 or more
IN JUST 24 MONTHS.
This is has been without doubt a great investment and it's not
a one off. Far from it.
Property prices in this part of Spain have risen by an average
of 20% over the past year. Many by much more.

EXAMPLE NUMBER 2
LOMAS DEL GOLF TORREVIEJA
A two bedroom apartment purchased in construction just 12 months
ago would have cost you Ł41,000. The builder held 6 properties
back until the end of the development and then placed them on the
market. All 6 sold within 7 days for around Ł61,000 each.
A Ł20,000 rise in less than 12 months

EXAMPLE NUMBER 3
PARADISE BEACH LA MANGA
A 2 bedroom Palma Villa purchased off plan just 12 months ago
was Ł62,000. Today in the latest phase of the development this
property sells for Ł92,000. A Ł30,000 increase.

Property Investment offer options for both short and long term
investment. The ideal short term plan is to buy properties off
plan or in construction with a reasonable period of time before
completion. An ideal period is at least one year.

By arranging to purchase the property using stage payments you
can invest just 50% of the value of the property prior to putting
it back on the market before final completion.
By selling the property before the deeds are past you are not
liable for payment of the VAT or Notary Fees as these will be met
by the new purchasers.

Buying a property off plan can be a 100% secure investment by
including a bank guarantee with the purchase contract.

Looking for a longer term investment? Just as with a short term
investment you can buy in construction or you can buy a completed
property. Both choices offer investment potential.
Just as with a short term investment you can purchase a long
term investment property in construction with just an initial
investment of 50%. The investment of just half the property cost
gives you an distinct advantage in increasing the percentage
profit on the amount invested.

As you can see from the examples above profits of up to 100%
invested capital have been made over the past 12-24 months.
If a long term investment is you goal, the outstanding 50% plus
VAT and notary fees should be paid on completion. The property
can then be kept for what ever period suits you. It can during
this period be used for family and friends' holidays and of
course can also be rented as a holiday property to produce a
further income.

A recent survey in Homes Abroad Magazine placed The Costa Calida
area of Spain in the top five investment areas for the coming
year.

We have within the past few weeks added a number of new
developments to our portfolio that all have superb investment
potential. See below.

2. NEW DEVELOPMENTS - NEW PROPERTIES FROM Ł53,000 TO Ł300,000
We now have so many new property developments in our portfolio
that we have slightly redesigned the web site to accommodate
them all. We have over 120 new developments for you to choose
from with prices starting at Ł53,783 for a 1 bedroom apartment
in Torrevieja to Luxury villas with their own swimming pool at
Torre de la Horadada for Ł276,900
Take a look at our new web pages at
www.spanishcosta.co.uk

3. LATEST RESALES
We are constantly updating our resale pages so if you haven't
looked at our site for a few weeks have a browse through our
resale pages, just select your price range at
www.spanishcosta.co.uk

4. EXCHANGE RATE ON THE UP
The pound has slightly increased against the euro over the
past month, currently at 1.45 euros to the pound. This will
make the prices on the web site a little bit cheaper as most
of the prices are converted at 1.40 euros to the pound.
(About Ł2,000 less on a Ł70,000 property). These prices
won't be this low for long as builders sometimes increase
their prices in October. So to get the best deals book your
inspection trip now for September. Just complete our form
at http://www.spanishcosta.co.uk/form.html

5. ABOUT SPANISH COSTA PROPERTIES
Spanish Costa Properties provide you with a totally personalised
and flexible property consultancy service. Together with our
Spanish partners we use a number of reputable developers and
estate agents, offering you an unrivalled selection of
properties to suit all budgets.

All the Best
Roger Weavers
Spanish Costa Properties
www.SpanishCosta.co.uk