With such fantastic returns Nick has set up an investment opportunity for clients who have the capital but lack the expertise and local knowledge.
Investment example 1: La Torre Golf Resort – 3 bedroom 3 bathroom villa with private pool. 13.1.2021 Purchased for 136,243 euro plus 8% purchase tax =10,899,44 Plus townhall, council debts, maintenance and cleaning 13,141 euro Property was sold 13.5.2021 for 235,000 euro (return 31.7%) – Current value 280,000 euro 8/11/2022 (Return would be 42,5%)
Investment example 2: El Valle Golf Resort – 3 bedroom 3 bathroom villa with private pool. 13.1.2021 Purchased for 196,000 euro plus 8% purchase tax =15,689 euro = 211,689 No debts to pay and property was left furnished ready to use / rent Property was sold 13.5.2021 for 257,500 euro (return 17,79%) – Current value 280,000 euro 8/11/2022 (Return 24,3%)
Investment example 3: La Torre Golf Resort, Two bedroom townhouse converted to three bedroom purchased for 76,000 euro plus 8% tax 82,080 euro then sold for 160,000 euro with 15,000 euro investment, debts of 7000 euro (Return 34.95%)
Investment example 4:, La Torre Golf Resort, One Bedroom Apartment bought in 2021 for 55,000 euro currently and on the market for 109,950 euro it was sold for 100,000 euro however buyer has just pulled out so property is back on the rental and sales market.
Investment example 5: offer just accepted by liquidators for 57,000 euro, Completion 4/6 weeks. Current market value 95,000 euro