03 Jun 2009 17:47:

Hi guys, looking for a bit of guidance on a deal i've been offered in Duquesa at a development called Las Bugan Villas. The apartments are 2 bed 2 baths 85sq mtrs and valued at euros 320k. There's a 20k cashback incentive which is very attractive. I've also bene told there's a full insured 10 year rental guarantee ona 5% yield. I've also been told that it should enjoy 60% occupancy. The deal is being put together by ** EDITED - Please do not post peoples names, See fourm rules. ** Forensic Marketing. Basically he tells me he has taken the units from a developer who is about to go bust and with the help of the bank is hoping to sell them onto investors back in the UK.They are not off plan and ar ready for letting. They come fully furnished. How is the rental area in the area. The rental company which is looking after these units is caleld Royal Peninsula ** EDITED - Please do not post peoples names, See fourm rules. **  .  regards Frank

 

This message was last edited by EOS Team on 04/06/2009.

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