What to do next
If you would like to know more about Aegean Resorts and our properties contact us by email or telephone – one of our team will answer all your questions – no big sales pitch and no pressure!
The next step will be to think about that dreaded word – money!
What is your budget and how are you going to finance buying your dream home?
We can advise you on payment plan options and we have access to some professional mortgage
advisers who have helped many of our clients.
If you have equity in your house we can access some great mortgage deals to help you achieve your dream.
Able to improve on your existing mortgage deal and raise money for the purchase?
Example
Existing mortgage £100,000 at 6.75%
= £562 p month
Remortgage £150,000 at 4.5% fixed
= £562 p month
Your 2nd home could cost nothing with the
right mortgage deal! |
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Already have a good mortgage deal but need to raise the finance?
Example
Borrow £50,000 at 4.5%
= £2,250 pa
Running costs
= £900 pa
Just 10 weeks rental at £300 per week will cover your extra interest and running costs. |
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So – what are the prospects for capital growth and rental income?
Altinkum still has excellent potential for growth as prices are well below more developed areas on the nearby coasts. The locations of Aegean Resorts properties – on the beach or on the route to the marina and near to the planned golf course – means demand for property in this area will be high. Just 15% growth each year for the next 5 years will see your investment double.
For income, rental prices at over £300 per week means that just 12 weeks of rental will go a long way to covering your mortgage and running costs. Aegean Resorts offer a full rental management service and website plus a bonded travel company Artemis Travel to help owners maximise the rental potential of their property.
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