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2 percent of purchase price down only until completion [ SOLD ]

 Region: Hurghada

 Price: EUR € 326 565

 Bedrooms: 1

 Property Type: Apartment

 Development State: Off Plan

 
Description:
We have a superb investment opportunity to own luxury apartments around the world for only 2% of the purchase price down until completion.

The deposit payment options:
1. 20% deposit and nothing else to pay until completion
2. Insurance bond deposit - 5.5% of the deposit only until completion

By using a deposit bond you can effectively exchange contracts and experience all of the benefits that off-plan investing can deliver and use absolutely non of your own capital.

Example -Using own Cash
Purchase Price £300,000
20% Required (August 2008) £60,000
£240,000 on Completion (Spring/Summer 2010)

Using Deposit Alternative
Purchase Price £300,000
Cost of Bond (August 2008) £6,600
£240,000 on Completion (Spring/Summer 2010)

ADDITIONAL INCENTIVES:
Reserve a unit today using a insurance bond and your bond will be fully reimbursed on completion, therefore costing you nothing to reserve an apartment.

Mortgage paid for three years post completion

80% of the purchase price mortgage available subject to status

Contact our investment consultants now to get more information and advice on owning a Residential Buy-to-Let property using an insurance bond and investing your capital elsewhere until completion.

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