Spain property, Terrazas de Alcautin

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The village	Terrazas de Alcaucin This is a unique opportunity to purchase a slice of real Spain with all modern amenities at hand. Built on the edge of the white village of Alcaucin and nestles between some of the prettiest hills around, Terrazas de Alcaucin enjoys superb views to Vinuela lake. The development will benefit from both indoor and outdoor swimming-pools, spa and gymnasium on site. Despite being surrounded by beautiful countryside, the beach is a mere 15 minutes drive away. 500m2 SPA Centre with Gym, indoor and outdoor swimming-pools. Just 15 minutes away from the beach and golf courses START TO PAY YOUR MORTGAGE AFTER THE 6th YEAR We offer a unique financial package which allows you to acquire your property with a minimum initial investment. No mortgage payment until 6 years after signing of private purchase contract. Sit back and watch your capital grow at an average 10% annual rate (60% in 6 years). OFF-PLAN OPPORTUNITY FROM €129.000	The apartments
Indoor Pool		Terrace views
Apartment Interior		Beautiful countryside

20% Financing available for deposit 3 YEARS OF CONSTRUCTION
80% Mortgage on completion. 2 YEARS Mortgage paid by the Developer
3rd YEAR Interest only mortgage.
BEGIN TO PAY YOUR MORTGAGE ON THE 6th YEAR AFTER PRIVATE CONTRACT
EXAMPLE: 2 bedrooms - 1 bathroom apartment: €166.000. Completion 2010 – On private
contract €33.000 DURING THE 3 YEARS OF CONSTRUCTION: NOTHING TO PAY
DURING THE NEXT TWO YEARS AFTER COMPLETION: NOTHING TO PAY
The 6th year after completion: interest only mortgage - €520/ month

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