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you seek property here for investment, at TITAN
ESTATESwe are able to develop
investment options and packages that will suit you and your objectives
perfectly. There are several ways in which you could deploy your funds:
RENTAL PROPERTIES
This year the Costa del Sol will
achieve the highest rental prices for holiday accommodation in the whole
of Spain, including the Balearics and the Canaries, providing up to 8%
annual return together with 18.5% annual growth.
*In August the average monthly
rental per sq. m. will be as high as 81,95€, which means the owner
of a 60 sq m. apartment could enjoy a rental of 4,917€. This is 67%
more than the Costa Brava and 70% more than Almeria. (Source SUR 28 March
02.) However, on the Costa del Sol, the rental opportunity is not a summer
only phenomenon.
Unlike many holiday locations throughout the Mediterranean,
this coast enjoys Inter-national and Spanish visitors all year round,
it is confirmed as a 365 day a year holiday destination.
The cosmopolitan ambience of
Marbella, the local microclimate, and the unmatched cultural and sporting
facilities continue to attract discerning visitors throughout the year
and most prefer the freedom of a private rental to the rigidity of the
big hotels.
Golf and all its related activities,
has become a multi-billion dollar industry.
The coast is acknowledged as the finest destination for golfers in Europe,
possibly the world. Visits to the 60 plus golf courses create an insatiable
demand for private rental properties, particularly on, or near, courses.
Additionally, the evergrowing
commercial infrastructure of the coast from Gibraltar to Malaga is attracting
Spanish and European middle management and young professionals who frequently
require a medium to long-term rental quite often subsidised by their
employer.
Consequently, your rental property
will rarely sit empty and should provide a substantial extra income as
well as the option of using it for yourself and your family whenever you
decide.
If you’re planning
to buy property for rental purposes, TITAN
ESTATES
can recommend you to the specific areas and properties
that attract the most rental enquiries and best income.
You may choose to manage the
rentals yourself or leave it all to a property management company. If
you should choose the latter, we are able to recommend highly professional
organisations that can look after your interests.
Either way it’s not unusual
to enjoy a return on your investment of more than 8% even allowing for
mortgage payments, un-let weeks, and your costs.
The added bonus is that whilst
you are enjoying the rental income, your property will quietly rise in
value providing a great security for you and your family’s future.
SIMPLE INVESTMENT
For those who are not just looking
for a home in the sun, the Costa del Sol has proved to be one of the most
lucrative property investment markets in the world. In the past 5 years,
many investors, private and professional, have made gains of between 30%
-100% within 12 months on money invested.
The system of purchasing new
property anywhere, before or during construction, and then reselling it
as it nears completion, has nearly always been an excellent method of
achieving excellent dividends. There are always buyers who will pay more
for a finished, or nearly finished property than they would for a property
‘off plan’ or a green field site with a completion date 1-2
years away. Nowhere is this truer than on the Costa del Sol.
To begin with, you can start
the process by reserving a property with an initial payment of 20-30%.
While construction continues, the resale value will increase.
This is because most, if not
all the new properties in the development will probably have been sold.
At any time therefore, you can re-sell your “option to buy”
at a profit. Alternatively you can continue to make the necessary stage
payments and sell even closer to the completion date for an even higher
price. Selling the “option to buy” before completion will
realise a significant profit and return on your initial investment.
MAJOR FUNDS
The investment opportunities
are now so strong that major funds are attracted to this coast. Syndicates,
Managed Funds, Port-folios, Professional and Corporate Investment can
all receive substantial returns.
TITAN
ESTATES has a highly professional
investments division. Our expert team is on hand to advise, construct,
and manage investment portfolios for clients worldwide. For information
given in total confidentiality please contact the directors of TITAN
ESTATES.
*The above material is based
on research and local knowledge at the time of writing and is intended
for guideline purposes only. Property prices and rental values can go
down as well as up. TITAN
ESTATES will not accept responsibility
for any losses, costs or expenses incurred.
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