Property Investment

Shen Xiao Cen, an Australian citizen originally from Shanghai, recently bought a 4 bedroom town house on the Marbella Golden Mile, Costa Del Sol, Spain as a property investment and part of her property portfolio for her Golden Visa application.

She chose Delux Estates after being referred to us by a friend and we acted quickly to find her the property, assisted her with our local knowledge, helped her to get an NIE number, then after the contract was signed we even introduced her to the owner to discuss purchase of some furnishings.

She completed the property purchase in record time, just 2 weeks and she then asked us to find a rental client which we did within days and she is now enjoying a property rental income from an English family who migrated here, who just loved the heated splash pool, sea views, sauna, steam room, jacuzzi and the 361m2 of living space plus the huge 100m2 terrace.

The property was just 430,000 euros and the rental income 36,000 euros per annum. That is an excellent yield and she is well on the way to her Golden Visa and the lifestyle and freedom that Spain has to offer.

Posted on 21/07/2016