Why direct ownership?
Think about it. A holiday apartment is typically visited about 10-20% of the year. Thus, the rest of the year it stays empty unless you engage a professional holiday rental service to seek higher rate of occupation to cover some costs. Anyway, it is a formidable investment to buy a property for part-time use. There are also obligatory startup costs, normally in the range of 12-15% of purchase, and monthly running costs whether you use the apartment or not. And then you also have to consider your mortgage on top of this budget...
Thus, instead of buying a property many holidaymakers find an offer on AirBnB, Booking.com or similar portals. The downside is of course that it is an expensive solution in the log run, and your favoured location may not be available when you want it. You also lose the good feeling connected to owning your favourite holiday apartment, rather than just renting it!
Direct ownership at your favourite holiday location
For many years, buying a timeshare - or the new more fancy label "holiday club" membership - was seen as a walkaround. However these offers were typically hugely overpriced (often +100% or much more relative to market valuation of the property), in particular if you were tempted to buy a week in the typical holiday periods. Further, you did not gain ownership to your part of the property. Just a right to visit. Yearly fees issued by the owners tended to expand strongly from one year to the next. If you tried to sell your timeshare, you typically didn't find any buyer or you had to drop your price 50%-60% or more. Any increase of market valuation of the property benefited the true owners, not you.
The price graph shows a strong increase of value of property at Costa del sol since 2015. Will it continue? If so, will you benefit?
Spansk SOL offers a reasonably priced access to the best of both worlds - shared ownership and avoidance of the classic timeshare pitfalls. You may deposit days you don't use, and let our Holiday rental service seek to bring in visitors from the market's most popular portals and among your co-owners. Last, but not least, on your behalf all the fuzz that follows the standard 100% ownership model is taken care of by our services.
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Arenal Golf - Phase 1
Located in Benalmádena - between the villages Benalmadena Pueblo and Arroyo de la Miel - 2.3 km from Playa de Arroyo Hondo and 2.5 km from Playa de la Viborilla. Beautiful apartment with pools, playground and paddle tennis. Family friendly and near golf courses, a local supermarket and Xanit Hospital. Double parking space in garage. Local bus stop close to the main gate. Apartment with free WiFi, air conditioning, two seasonal outdoor swimming pools and a terrace. A children's playground is also available.
The apartment is located on the ground floor relative to entrance and is equipped with 3 bedrooms, a flat-screen TV, BluRay player (and a large library of DVDs) and a fully equipped kitchen that provides guests with a fridge, an oven, a washing machine, a dryer, a dishwasher and a microwave. Fresh towels and bed linen are provided, and the apartment is extensively cleaned prior to each visit.
Interested?
Send us a message here and now, and you will soon receive a draft document for a contract between buyers of parts of this property (shareholders) and Spansk Sol - Arenal Golf AS.
This is not a binding request to buy parts of this property, just an initial contact form.
We are looking forward to hearing from you!
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