Several projects are being built in this elevated part of Limonar, and the advantage is that when Hexagon is complete, all other projects are also completed, which means that you do not have to stay at a construction site. The prices of neighboring projects (for 3 bedrooms) are in the range of 550-650 000 €.
Fully equipped kitchen included. Refrigerator, micro, electric oven, built-in dishwasher and washing machine, fan, induction hob. Kitchen counter Silestone.
Double glazed windows designed to maximize light emission.
Building adapted for the disabled. Elevator in the building (with low energy consumption).
Aerothermal system (A / C) that provides an energy efficient and environmentally friendly heating of the home.
The pool area is 19, 20 x 4.50 meters which is a large pool in relation to the number of apartments.
Construction starts when 70% are sold out. Construction time is about 18 months.
Financing. Loan option via the “Architects’ Bank” Arquia Banca. Up to 65%. Flexible application with . Among other things, you do not need to hire an authorized translator for the requested documents. We and our lawyer and the project auditor guide you through the entire process, including assistance with electricity, water, insurance, etc. after purchase. The bank director is also happy to answer questions regarding the guarantee etc. if desired. Note that the buyer must be approved by the bank regardless of whether he or she should have a loan (for increased security).
We will handle everything practical about the apartments if the buyers so desire, including marketing, license application, etc. We have office and staff on site in Malaga. Below you can read about expected ROI, developed by Scandic Feel Rentals and a housing market consultant, which estimates income and expenses on both rental and value added (it does not, however, deduct any tax). The rental income for a 2 bedroom apartment is estimated to be € 33,000 per year, gross.
Payment plan. Reservation amount of € 5,000 and € 500 to become a member of the association. Then paid in as follows: 25% (when signing a purchase contract), and an additional 10% during the construction phase. That is, 35% for a certain period of time before moving in. Note that the loan is not activated until the move-in. You do not have to pat any interest rate during the construction period.
Estimated area fee: 1200-1500 € per year (final amount determined after occupancy)
Property tax: Around € 400 per year.