Property Promotions Spain

Costa Calida - Costa Blanca - Costa del Sol

We will pay all interest payments for you to a maximum of 5% interest rate, over a maximum build time of 2 years. If you obtain a rate below 5% then we pay at that rate. Evidence of the rate obtained from the UK bank/lender is required to fulfil the signed agreement.

Price of Spanish property 200,000 Euros

Deposit required of 30% 60,000 Euros

Plus taxes & fees 5,360 Euros

(7% IVA tax, & legal fees)

Total 65,360 Euros

In this example, the client would raise 65,360 Euros from a UK property to fund the purchase in Spain. At an interest rate of 5% p.a. over a 2 year build time, this equates to a total of 6,536 Euros in interest payments payable to the UK bank/lender for the deposit raised.

You save: 6.536 Euros

Platinum Properties will pay this amount (6,536 Euros in this example) for you at NO CHARGE! It even covers your Spanish tax and legal fees. You need not pay a penny.

Is this amount built into the price?

Quite simply, no. The prices are set by the developer. The price is the same whether you buy direct through the developer, through Platinum Properties or through any other real estate agent in Spain, however big or small