Medina Elvira Golf Residential

Golf resort offering Guaranteed Rental for 10 Years! An IPIN favourite. 30 mins from Europe's highest ski resort, 10 mins to Spain's most visited city and a short drive to the beaches of Costa del Sol

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Medina Elvira Golf Residential Overview

This development offers a multiple rental packages including 10 year guaranteed rental option at 5% per annum. The payment terms are extremely attractive with 10% deposit, 10% after 12 months, with the remainder via mortgage upon completion. Two bedroom apartments in a frontline golf location for just 186,000 EUR!

A stunning development comprising top-end apartments and low-cost units in a low density golf project which will have the 3rd largest Par72 course throughout Spain. Construction is already well under way on the first phases, with stunning results.

All phases are within the resort offering a massive array of facilities and with an emphasis on embracing the natural surroundings, including snow covered mountains and the nearby Lake Cubillas. Granada International Airport, with daily services to and from the UK is just a 10 minute drive from the resort. 

It is within easy reach of the popular ski resort of Sierra Nevada and only a short drive to famous beaches; in addition many apartments offer Jacuzzis and the majority of units come with a guaranteed rental option.

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Further Details

The Apartments

All of the apartments reflect the exquisite care taken in the selection of top quality materials, finishing, fittings and the maximum use of space. All properties have their own parking space and many have store rooms.

Tranquility, charm, sport and unsurpassable leisure options make Medina Elvira Golf Residential the ideal residence or the ideal investment opportunity.

Medina Elvira Golf Residential - Standard qualities throughout all phases

• Underground Parking
• Automatic Garage Doors
• Lifts to all Floors
• Entrance Door with Double Lock
• Video Entry Phone
• Double Glazed Insulated Windows
• Fully Fitted Hot/Cold A.C
• Fully Fitted Kitchens
• Sat TV and ADSL Lines
• BBQ Area in Most Penthouses
• Built in Wooden Wardrobes
• Concierge Service
• Spa and Gymnasium in the Club House
• Superb Swimming Pools and Gardens

The Medina Elvira Resort - Features

• Developed over 1 Million Square Meters in an Idyllic Setting
• An 18-hole Championship Golf Course and Exclusive Clubhouse
• Practice Zone, Putting Green, Artificial Lakes, Bunkers and Greens
• A Luxury Hotel
• A Complete Spa Centre
• Shopping Arcades
• Leisure and Service Centres
• Tennis, Paddle, Squash, Indoor Football, Gymnasium
• Bilingual Private College
• Artificial Fountains and Lakes
• Pedestrian Walkways
• Parks and Vast Green Areas
• Horse-Riding Centre

Of the many ongoing construction phases of unique design at Medina Elvira, IPIN recommends Medina Tee 17 as the best phase for investment at this time based on availability, value and location. 

Other phases on Medina Elvira are also available to our members, including luxury Villas and Townhouses. Please ask your IPIN Advisor for information.

Medina Tee 17

Tee 17 is the latest release on this prestigious project and therefore holds the greatest availability and choice of prime units.

Those looking for a unique unit which will afford the best possible chance of attracting an end user buyer should consider Tee 17 as their best option. Investors will also be pleased to know that Tee 17 has been priced at similar levels to the very first phases so those fearing price increases will be pleasantly surprised.

We are also able to offer investors the same excellent rental packages as on other Medina projects with guaranteed rental at 5% per annum and variable rental at a potential 14% per annum. Both are extremely strong incentives when combined with excellent payment terms and value for money.

Tee 17 itself (as the name would suggest) is a frontline golf project which overlooks the back 9 holes of the course, taking in outstanding golf, lake and country views. Around 95% of the units face forward over the course and all units have much larger terraces than on previous releases.

Constructed in a very similar way to Medina Fairways, Tee 17 is built on a split level plot. For owners and rentals, there will be 3 pool complexes on site, gymnasium, spa & sauna, and a full list of benefits (on top of everything the Medina Elvira resort already has to offer)

Medina 'Tee 17' (Phase VIII)
6 x 1 bed Penthouse apartments - 6 Remaining! 
138 x 2 bed apartments - 97 Remaining!
49 x 3 bed apartments - 20 Remaining!
8 x 2 bed Penthouse Apartments - 8 Remaining!

Medina Tee 17 - Unique Qualities

• 2 free car parking spaces per apartment
• 1 free storage room per apartment
• Security entrance door
• Aluminum shutter
• Terraces with pergola
• Fully installed alarm system
• Pre-installed intelligent home system
• Central heating system
• Fully equipped gymnasium
• 3 large outdoor swimming pools
• Spa area with sauna
• Landscaped gardens
• Gated community

Guaranteed Rental Scheme

Its location is not the only unique feature of this development. By purchasing a unit on the Medina Elvira resort, you are able to take advantage of an amazing guaranteed rental scheme for up to a TEN YEAR renewable period! This annual guaranteed rental yield is fixed at 5% of the purchase price of your property.

Once you become the freehold owner of your property, you have the option to sign the 'Guaranteed Rental Contract' with one of the most prestigious property management companies in Europe.

You will not be able to use the property for the duration of your agreement although signing with this management company will enable you to enjoy reduced rental rates at any one of their numerous resorts throughout Southern Spain.

In exchange for signing your property over, you are guaranteed a 5% return. Rental funds are transferred to the property owner on a monthly basis and transferred in accordance with the owners instructions to any bank account in any country. This means that your property is being managed, maintained and has all the maintenance fees covered. Your rental income shall be index-linked to the Spanish IPC (Consumer Price Index), so with each passing year, you will actually see an increase in yield, making it easier for you to cover any potential mortgage arrangements. As a means to obtaining a hassle-free income, this scheme can not be bettered!

Unlike most other rental guarantees on the market today, this particular scheme is strongly backed and secured as follows:

• Contracts are signed with national & international tour operators who offer both Ski & Golf holiday rentals.
• Contracts are signed in advance, and cover 2, 3, 5 or 10 year renewable periods.
• There is an on site Rental Management Office.
• Contractual Guarantees shall be given by the tour operators who will pre-book and pre-pay the rental periods using their own bank and insurance guarantees.
• The payment guarantees shall be underwritten by an international insurance company, in addition to the tour operator guarantees.
• By signing on for this unique rental opportunity, you are not being exposed to possible fluctuations in the rental market over the next few years, as returns are guaranteed regardless of actual occupancy.

             

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Some benefits of IPIN membership:

• 100% FREE to join
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• Low Money Down Investments, Invest with just £4,000, €6,000 or $8,000 approx. figures
• Projects Offering 8% Guaranteed Rental
• Deal directly with the developers
• Free consultations with expert IPIN portfolio advisors
• Access to pre-release developments
• Dedicated Investment Support Team
• Access to land/development project consultancy services