1-bedroom apartments in Costa Calida, Spain
EUR €45,500
Ref: MC_NP
1 Bedroom(s), Bathroom(s) |
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Murcia University Student Apartments are located close to the main campus of Murcia University adjacent to current halls of residence.
The apartments are designed for student occupancy only and are not available for personal use.
This project is primarily for property investment purposes only and carries a 6% index linked rental guarantee paid monthly for a minimum period of 10 years with options to roll on for further 10 year periods.
The developer is a well respected professional company with experience in this type of product and currently has a similar project in Alicante University which has been completed to date and is now fully operational. The company has also released two other projects of the same type in Malaga and Granada provinces.
In most cases the monthly rental return is sufficient to pay a mortgage of up to 50% of the property purchase price and the rental income is paid net of all costs except the annual IBI tax on the property which is a negligible amount. One fe
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