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This is an excellent off-plan investment opportunity to purchase a luxury 1 or 2 bed apartment within the exclusive, fully managed Palatinum Apart-hotel complex in Murcia.
LOCATION
Murcia is one of the fastest growing regions of Spain. Over the next 5-10 years it is expected to continue producing high capital growth as the infrastructure expand with a new international airport under construction and a high speed AVE train link being installed from Madrid to Murcia.
Numerous Marinas and Commercial Centres are also being built in the area. The Palatinum Apartments development is in a prime location, within easy access of 2 airports (20 minutes drive), the vibrant Murcia City (15 minutes by car) and the beaches of the Mar Menor are also close by.
Nearby Murcia is a prosperous dynamic modern city full of Mediterranean character. It boasts over 400,000 residents and a variety of commercial centres, sports facilities, and leisure activities of all kinds. Just 5 minutes away from the Palatinum development is the new state of the art “Virgin de la Arrixaca” Hospital.
THE MAIN BUILDING OF PALATINUM – CREATED FOR YOU
The main building of Palatinum is situated at the heart of the resort and has been designed to integrate with the surrounding areas and complement the landscape. It has been designed to enable you to relax and enjoy as a natural extension of your apartment.
The reception staff at Palatinum are friendly, helpful, efficient and bi-lingual so that they can cater for your requirements. Staff will be able to arrange for room service, key collection, transportation, excursions, make golfing reservations etc.
This focal point is a modern building will provide a wide range of services where you can enjoy a sumptuous Mediterranean breakfast or alfresco lunch on a beautiful terrace overlooking the swimming pools or experience one of the spectacular sunsets over the valley of the golf course. Alternatively you can read though the daily newspapers, check your emails or just relax in air conditioned surroundings on one of the many comfortable sofas.
RELAX AND ENJOY
At Palatinum there are over 2000 square meters of the best and most professional services at your fingertips where you can enjoy a range of therapeutic treatments in the Spa.
THE GOLF EXPERIENCE
The development is being constructed within luxury complex and built around a 27 Hole Championship Golf Course.
The golfing experience also includes a 9 hole Challenge Course, Driving Range, Putting Green, Chipping Green and Sports Centre. The main course is already established and has hosted such events as the European PGA Tour.
The facility actually boasts 3 courses of 9 holes each, which combine to make a diverse playing experience. The “Olive Course is set in a typical Mediterranean landscape with hundreds of olive trees surrounding you. The “Stone Course” boasts 8,500 palm trees and 22,000 cacti, which combine to provide an incomparable landscape.
GARDENS AND MEDITERRANEAN AREAS
Imagine taking a walk through Palatinum. Discover the total integration of nature within the landscape gardening and enjoy Mediterranean plants and flowers complimented by wonderful water features.
Every detail has been taken into consideration to provide clients with the best in quality and a range of state of the art facilities.
As you breath in the clear Mediterranean air and walk along the paths (or cycle along the purpose built cycling paths) you can expect to see plazas, arches, fountains, pergola, and water features all around.
YOUR LUXURY APARTMENT
Your luxury Palatinum Apartment has been designed with opulence in mind and come fully furnished to the highest standard with built in closets and fitted kitchen with latest generation white goods.
All apartments are South facing to maximise the natural light. They come with Satellite dish, broadband, the latest push button security and fire detectors. The climate control system in your apartment means that you have complete control of the temperature.
Owners also have the following benefits:
Fully Furnished and Air Conditioned
Only 30% deposit
70% mortgage available to fund the balance
Bank Bonded Guaranteed Rental Income (optional) of 4% for 2 years
Up to €31,200 Euros cash back on completion
Full Property Management regime
Valet Service
Spa with full range of treatments
Gym
Medical Centre
Equestrian Centre
Beautiful Gardens, Lakes & Parklands
Outdoor & Indoor Swimming Pools
27 hole Championship Golf Course and Driving Range
Tennis Courts
Conference Facilities
Commercial Centre and Exclusive Shops
Bars and Restaurants
Library
VALUATION & CAPITAL GROWTH
Following research carried out within the area and land registry information that has been gathered, a Certificate of Valuation has been produced by Technical Architects. It shows that based on the comparison method and growth projections the Palatinum Apartments development value would be around €311,700 Euros on build completion. In other words, the Palatinum Apartments Apart-hotel is “under-priced” and has been strategically structured to provide investors with solid capital growth.
Banco Halifax Hispania SA has also certified that for mortgage purposes their valuation would be €286,000 Euros.
PAYMENT PLAN
Reservation fee: €6,000
Deposit: 30%
Completion: 70%
* 2 year Bank Bonded rental guarantee
* Luxury apartments with air conditioning
* IVA can be recovered following completion
* Fully furnished to four star standard
Anticipated completion date: December 2008
Latest News
100% Mortgage in Spain
Banco Halifax Hispana are offering 100% mortgages on the Palatinum development in Murcia, due to the fact that it has been valued independently at much higher values than the selling price on offer.
Remember the attractive nature of this development?
* 2 year Bank Bonded rental guarantee
* Luxury apartments with air conditioning
* IVA can be recovered following completion
* Fully furnished to four star standard
* PGA Tour Event Golf Course on site *
* 1 bed apartments from 170,000 *
* 2 bed apartments from 195,000 *.
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