Iona Napier
IMAGINE a mortgage with no middleman taking his cut.
One stunning Golden Triangle property has become available with a clever, unique offer to purchase it.
The beautiful 1000m2, five-bedroom villa with amazing views across gardens, a golf course and distant mountains, can be purchased directly from the owner over a ten year period.
Through an exclusive deal with leading Marbella agent Kristina Szekely, the buyers can effectively get a low interest mortgage from the owners.
In order to purchase the property, valued at €2.7 million, buyers would be expected to pay a 30% down payment of €800,000 now and pay the rest over the next decade.
Buyers would then get a fixed interest rate of 3.5%, meaning they would have to pay €200,000 a year until 2025.
The secluded El Paraiso property has all the hallmarks of a millionaire’s hideaway (heated pool, jacuzzi, gym and manicured garden) but with a very reasonable price.
Located between Estepona and Puerto Banus, it is within striking distance of amenities, shops and the golf course.
“It is a great way for a young professional family to own a stunning piece of Marbella real estate in a very different way,” said estate agent boss Kristina Szekely.
“By buying this way they can circumnavigate the complicated mortgage process and move in for just 800,000 euros.”
Her agency, that now has four offices in Sotogrande, Gibraltar, Madrid and Puerto Banus, has increasingly started taking on exclusive properties to sell this year.
“It didn’t used to be worth it, but now we find sellers like the idea that we can really give the property the importance that other agents are unable to do.
“In particularly through our local skills, as well as via our network of 750 Sotheby’s agents around the world.”
For more information visit www.ksmarbella.com.
