CANARIAN INVESTMENT OPPORTUNITY
ONLY SMALL NUMBER OF UNITS LEFT ON REFURBISHED HOLIDAY COMPLEX IN THE POPULAR RESORT OF
PLAYA BLANCA, LANZAROTE
Playa Blanca is fast becoming the most popular resort in Lanzarote, with its attractive harbour, top class hotels and planned developments including a world class golf course, it is a good investment opportunity.
- Development of only 215 properties
- 1 bedroom,1 bathroom
- 44 units left at the discount prices
- Historically this resort has enjoyed 90% occupancy
- Central Location
- 5 minutes from beaches
- Current bank Valuations are €147,500
Sun Park is a fabulous tourist complex, in the heart of the village of Playa Blanca, yet only 600 metres from the stunning (Blue Flag) white sand beaches. This is a very family orientated resort where everything that you need is at hand, the resort offers 4 swimming pools set in tranquil garden settings, an excellent restaurant open for breakfast lunch and evening dinner, nightly entertainment in the theatre, a fully equipped gym, a playground and daily entertainment for the children, plus mini golf and tennis courts. The complex is situated in Playa Blanca which is in the south of the island, where we are renowned for the perfect climate and year round tourism.
For a minimum investment of €26,500 you can own your own freehold property, on our clients behalf’s we have secured mortgage facilities with Spain’s leading financial lenders offering finance on apartments from €95,500 and up to €102,000, with a purchase price of €112,000 for an apartment and €119,700 for one of the select bungalows.
We can offer you several options regarding the usage of your home in the sun;
OPTION 1: TOUR OPERATOR CONTACT
You can join the owners of the complex, by becoming part of the company. The company is an Israel based investment fund with ventures and investments throughout Europe and the USA. The investment company is publicly listed on the Tel Aviv stock exchange. The benefits for clients involved in the public company include;
Comprehensive tour operator contracts with Europe’s leading holiday companies.
The complex averages occupancy at 80% over the year.Owners will receive monthly income based on net profits of the companiesincome, the statement of accounts will be publicly listed on the Tel Aviv stock exchange every three months.
Client usage of 2 weeks per year at no charge, clients will need to book 45 days
in advance to ensure that their apartment is available, if not, usage of another
apartment within the complex will be available.
- For all owners wishing to eat in the restaurant a 25% discount will apply, any
other room expenses will be charged to the owner at the time of check out.
- The company will charge the client a monthly community charge, this includes
payment of; water, electricity, complex maintenance, apartment cleaning and
servicing, local council rates and refuse rates.