Terrazas de la Torre 95% Mortgage Property 

The resort of Terrazas de la Torre offers some of the most affordable frontline golf properties on the Polaris World resorts. Located just 1 mile from the resort of La Torre there are a selection of frontline "penthouse" apartments with golf views from as little as €96,000 (previously priced from €137,400) complete with 95% mortgages.

 

The island at Terrazas de la Torre provides a unique location for a selection of ground, first, second and top floor apartments with views across the lake and to the Nicklaus designed 18 hole golf course.

 

 

We have a superb selection of Murcia bank repossessed property on a selection of resorts starting from just €78,000 for a two bedroom apartment with roof terrace or three bedroom ground floor apartment with terrace and garden.

 

Terrazas de la Torre is one of the most affordable resorts across any of the six from Polaris World. There are excellent deals currently on apartments at Terrazas with mortgages of 95%. Bankia a merger of several Spanish banks including Caja Madrid and Bancaja originally involved with the funding of Terrazas de la Torre along with Banco de Valencia can offer excellent mortgage terms on bank repossesions at Las Terrazas.

 

Frontline "penthouse" style apartments with stunning views across the golf course can be sourced for just €96,000, a huge reduction from their original off-plan price. The Island at Terrazas de la Torre offers property ready in 2012 with superb views across the lake and golf course.

 

 

At present we have a good selection of bank repossessed apartments at several resorts in Murcia. At Condado de Alhama resort while stocks last we have property from €78,000. Prices are up to 40% below the valuations and off plan prices of 2007. The mortgage terms offered by CAM bank on this resort include 90% loan to value and interest rates at just Euribor +1%.

 

The banks in Spain are happy to lend to overseas buyers. Today's investor or holiday home buyer can benefit from this bank offer by picking up property bargains at prices that were unobtainable just five years ago. There is now an opportunity to buy Spanish bank properties at hugely reduced prices for many people who will previously not have been able to afford a home in Spain.

 

 

Spanish Bank Property can offer an attractive return for investors and those looking for that dream holiday home in the sun. There has never been a better time to buy property in Spain. However it is essential to buy quality and to buy on a resort supported by facilities and golf which will help underpin the value of your property investment for years to come.

 

The new airport at Corvera expected to open in 2012 will be just 10 minutes from the resort at Terrazas de la Torre making it accessible with many of the cheap airlines such as Ryanair, Easy Jet and Monarch and the airport will connect with the high speed rail link throughout Europe.