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1. The Overseas Living Group has secured first pick of the apartments ahead of the public launch 2. Good payment terms – just 20% deposit to secure apartment and nothing more to pay till completion in early 2009. 3. Good range of prices for all potential investors – from £145,000 to £300,000 for Signature penthouses. 4. Furniture package and parking included in the price 5. Saving of 7% IVA (VAT) due to planning permission benefits 6. Low non-status 80% mortgages available with rates from 3.75% 7. Potential 50% capital growth on deposit before completion 8. Onsite Golf and proximity to beach will enhance rental potential 9. Golf privileges to residents 10. Football Club involvement should guarantee public awareness ensuring rental and resale demand 11. Less than 1 hour from 3 international airports 12. Low build density - 3 floors with terrace - enormous green zones. 13. Deposits are fully bank-guaranteed meaning a guaranteed return of capital +4% p.a. interest in the unlikely event of non-completion. 14. Developing area close to an area of 60-80% higher property prices, will create upward pressure on prices 15. Extensive features and amenities accessible to everyone 16. 320 days of sun per year plus golf and beach combination means all year round rental potential 17. All building and planning licenses already in place 18. A team of trusted partners (lawyers, financial/mortgage advisors and currency partners) in place to assist with the purchase 19. Legal requirement for Management Co to manage the properties and rentals with the potential of a rental guarantee when finalised 20. Spain is still the preferred destination of UK buyers with 40% overseas purchases in the last year made in Spain (mintel)
The Valle Romano project will enhance an area of Estepona which has become extremely attractive following the completion of the Marbella –Gibraltar section of the “autopista”. There is in fact a junction off this road that will drop straight into The Village. The whole area is developing rapidly and within 2 years will be unrecognisable from today. A Marina development at Estepona is now complete and the on site golf course will be finished within 12 months. We expect that property prices at The Village will enjoy upward momentum during the build process as they will be increasingly influenced by the highly developed and commercialised areas around Marbella and Puerto Banus, just twenty minutes away. Prices there are 60-80% higher per square metre and we believe The Village is too close and too high quality to continue to sustain that level of price differential. There is also a very low build density. As you will be able to see from the site maps, the area is extremely green. A stipulation of the planning permission is that that 70% of the land must be and remain green. The final element which should keep prices at the top end of expectations is the endorsement of 8 leading UK football clubs, players and ex-players and celebrities (a list which continues to grow). Each club is contracted to visit The Village as part of pre- and mid-season training camps which will raise the profile of the development and give potential buyers and rental clients extra impetus in the hope of “rubbing shoulders with their heroes”. Each club also plans to promote apartments purchased by their supporters and investors for rental on the club website.
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