14 Nov 2010 12:00 AM:

Hi,

Last week I visited Medina Elvira 23, I am interested in buying an apartment here as Peninsula are offering a deal of 100% finance and them paying all the fees & costs. I would basically not be putting anything into the deal.

But, I would be taking out a large mortgage! So I need to know that there is rent being received by purchasers. I do not want it as a holiday home, it is an Investment. Peninsula told me the variable rental plan was yielding 10-15%. Anyone confirm this? Is anyone in the guarenteed plan? And at what rate, 4% or 5% or no return?!

Also does anyone think the commercial center will be built?

Any help would be very grateful.

Thanks

Community thread: Thinking of buying at ME23 - Yes or No?

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