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Marbella - Sierra Blanca Property
4/7/2009 - Xcape To The Sun
A perfect Villa near Marbella - Sierra Blanca Marbella Spain for sale at 1,800,000 EUR Distressed as at 7 April 2009. The Villa is 1,500 sq m, has 4 beds and 5 bathrooms listed by Xcape To The Sun ref no. SAN ANTOINE. Kitchen Dining Room Bedroom
Villa
in
Marbella - Sierra Blanca Marbella, Spain
Property in
Marbella |
Property in Spain
| Marbella Property News | Spain Property News |Back
| Bedrooms: 4 |
Bathrooms: 5 |
Size:
1,500 sq m |
Price:
1,800,000 EUR Distressed
(EUROS) € 1,800,000
(GBP) £ 1,570,860
(US) $ 2,567,520 |
| Finance this property from
5355 EUR (€ 5355/ £ 4673.31/ $ 7638.37)
per month - see our
Spain
mortgages
info |
|
Villa Description
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Huge Bargain
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Fantastic Financial Options
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Stunning Location
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Key ready with all furniture included
This fantastic villa is situated on a corner plot in the Naguales area close to the border of Sierra Blanca. Close to both Puerto Banus and Marbella. Decorated to a very high standard with modern kitchen and furniture. The owner is moving back to UK and has agreed to leave all the furniture.
This fantastic villa is situated on a corner plot in the Naguales area close to the border of Sierra Blanca. Close to both Puerto Banus and Marbella. Decorated to a very high standard with modern kitchen and furniture. The owner is moving back to UK and has agreed to leave all the furniture.
Due to the villa being in a company structure, the purchase costs are drastically reduced from approx. 10% to 3%.
Valuation €4M
Current Sale Price €1,800,000
Subrogation possible of current INTEREST ONLY mortgage at €1.43M
Potential client would pay just €370,000 plus reduced closing costs and take over current mortgage
Xcape To The Sun
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Spain
Mortgages: Example for
REF
SAN ANTOINE
(
Villa
in
Marbella - Sierra Blanca Marbella, Spain
) |
Interest only mortgage
Example APR =
5.1
%
Example Mortgage Term =
30
years
30% Deposit =
540,000 EUR
70 % Financed =
1,260,000 EUR
Monthly mortgage repayment =
5355 EUR (€ 5355/ £ 4673.31/ $ 7638.37)
|
Capital repayment mortgage:
Example APR =
5.1
%
Example Mortgage Term =
30
years
30% Deposit =
540,000 EUR
70 % Financed =
1,260,000 EUR
Monthly mortgage repayment =
6841.17 EUR (€ 6841.17/ £ 5970.29/ $ 9758.24)
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| Correct as at Sunday, March 21, 2010 |
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