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Las Palmeras - a distinctive project of apartments and penthouses surrounded by delightful gardens including 6 swimming pools and is set above the Mijas coastline.This new development offers the perfect base in terms of location, lifestyle and exclusivity for everyone. Luxurious interior specifications, generous proportions, unparalleled sweeping sea and mountain views all set in an optimum location.
NOTHING TO PAY FOR THE FIRST 5 YEARS!
Rushcliffe International will make the mortgage re-payments both capital and interest for the first two years after completion. Should you decide to rent the property for a minimum of 10 weeks per annum, at an average net cost of 750 euros per week, you should not have to contribute to the mortgage payments for a further 3 years (see table below).
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Year |
Rental Income |
Mortgage
Re-Payments |
Bank Balance |
Year 1 |
7,500 |
0 |
7,500 |
Year 2 |
7,500 |
0 |
15,000 |
Year 3 |
7,500 |
12,000 |
11,500 |
Year 4 |
7,500 |
12,000 |
6,000 |
Year 5 |
7,500 |
12,000 |
1,500 |
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Please note that the above table is only a guideline illustration. Interest rates and rental rates can change. The mortgage is based on 25 year loan, full detials are available on request. Mortgages are subject to status.
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