6% ROI Guaranteed + 25% Immediate Equity Gain
This is a unique opportunity for small and big investors.
Ten apartments available in a resort in excellent area near Marbella, Costa del Sol, Spain.
The resort is right next to one of the most beautiful golf courses of the area and it is surrounded by luxury villas.
Easily accessible but very private and quiet.
The resort is getting completely refurbished and will feature 2 swimming-pools, gym, co-working area, 24 hour reception, storage room, parkings, restaurant and cafe.
The price of the apartments includes full renovation and furnishing.
Within three months from the purchase date, the apartment is delivered ready to be rented out to tourists, fully furnished and equipped.
The apartments are sold with a 10-year tourist rental contract, fully managed in collaboration with the prestigious hotel brand Marriott.
The luxury hotel chain has over 150 million members, and rental bookings can count on this large network to ensure the best occupation rate (estimated 80%).
The owner is free to use the property up to 60 days per year or to offer stays to his family and friends.
ROI on rental is guaranteed at 6% for the first year, starting from the 4th month after the signature of the purchase deeds.
The tourist rental activity is fully managed.
Guests receive the same service as a 5-star hotel (reception, cleaning, storage, etc.).
The owner is free to sell the apartment at any time, with the same rental contract agreement.
A very important advantage is that the apartment offers an immediate equity of at least 20-25%. The resort is a bank repossession and the apartments are being sold below the market price.
Additionally, prices on the Costa del Sol are increasing rapidly, therefore the longer the owner keeps the property, the more the equity grows, and in the meantime the owner receives the rental income.
Therefore, this investment is the perfect combination between a quick and profitable flip and a tourist rental investment, with the advantage of being fully managed and in combination with a top brand such as Marriott.
Main advantages:
Properties are delivered new within 3 months.
All the communal areas are being completely refurbished.
The renovation is fully managed and included in the price.
There are no costs related to renovation permits, architects, licences, materials, appliances, furniture, equipment, etc.
The seller ensures the delivery. If the renovation is delayed and property is not available within 3 months, the rental agency starts the payment of the 6% ROI from month 4 after the signature of the purchase deeds and guarantees this payment for all year 1.
The furniture and the equipment are included in the price (including TV, electric appliances, plates, cutlery, etc.).
All the utilities are managed (water, electricity, internet).
Properties are sold 20-25% below market price.
Properties come with a tourist licence. The whole resort is dedicated to tourist rentals, which avoids any potential issues with neighbours or communities.
The rental contracts include all services to maintain the properties in optimal state and functional.
No involvement with the rental activity is required.
The owner can monitor the rental activity via the rental agency portal.
The property can be sold with the existing rental contract at any time.
The Benefits of this investment model are the following
Time & costs reduction in the process of purchase, renovation & rental preparation.
Reduction of interactions with professionals and contractors, including in the management of their assigned tasks and results.
No extra costs during the phases of renovation and resale. During resale phase, the owners keeps receiving the revenues from the rental activity.
Delays of delivery are minimal and the rental agency starts paying the expected 6% rental yield from month 4 regardless of the state of the renovation.
Tourist licence included.
No risk of possible opposition to the tourist rental activity.
The property is sold with newly built amenities included in the rental offer, and the services expected from a resort.
Value as delivered (including renovated, equipped and furnished) is around -20% / 25% of market value.
Most properties are spacious 1-bedroom apartments, perfect for tourist rental. Distribution includes a bright living-room, fully equipped kitchen, a large double bedroom and a bathroom. All units have a terrace with view on the swimming-pool and/or the surrounding golf courses. Size is around 70 sqm.
There is also one duplex available, of around 90 sqm, 3 bedrooms, 2 bathrooms.
Prices go from 225.000 € to 395.000 €.
Please, get in touch for any additional information.
Comments