Grupo Vapf

El Chiringuito Algas beach bar joins the Amigos del Sol club

El Chiringuito Algas beach bar in Moraira joins the Amigos del Sol Club, one of the chicest bars on the Costa Blanca and a classic in Moraira, a must if you are going to Moraira.

Next to the L’Andragó Cove and now part of the restaurant and leisure complex Algas Centre, we find this wonderful beach bar which is open all day, Monday through to Sunday, at the Algas Chiringuito Beach Bar you can enjoy breakfast or a midmorning refreshment, fast food (salad, sandwiches, burgers, tapas ,…), a meal at the restaurant, a coffee, a drink, a cocktail in the evening watching the night fall and a romantic dinner and night out at this wonderful location facing the Mediterranean Sea.

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Luxury villa project in Alicante "Villa dels Arcs"

A few months ago the VAPF Group launched a new website dedicated exclusively to luxury villas and houses that it builds and develops on the North Costa Blanca, in particular in the town of of Poble Nou de Benitachell in the province of Alicante, and to luxury resale properties, located in the best spots on the Costa Blanca North.

Villa dels Arcs is a unique project by the VAPF Group, located in the town of Poble Nou de Benitachell, in the province of Alicante, a luxury single-family home project to be built on plot 119 of the Lirios Residential Estate at the Cumbre del Sol urbanization.

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Upward trend of the euribor interest rate

The details provided by the Spanish National Statistics Institute INE (Instituto Nacional de Estadística), set the Euribor, the main spanish mortgage index, at 1.373% July 2010, with a monthly rate which for the fourth consecutive month has undergone an upward shift. The Euribor closed July 2009 at 1.412% so this figure still allows mortgage holders who will have their mortgage reviewed this month a reduction of their monthly repayments, that represents a saving of 36 Euros per year, if we take as an example an average mortgage of 120.000 Euros at 20 years, representing 2 or 3 euros per month.

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Outlet apartments available at Pueblo Montecala

The outlet apartments campaign by the VAPF Group, aimed at the apartments on offer at the Cumbre del Sol Urbanization in Benitachell, is being a great success, in particular the offers on the VAPF Group’s outlet apartments situated in the Pueblo Montecala development. If you are interested in buying a new build apartment with communal pool and parking on the North Costa Blanca area, please see below the list of the best five outlet offers on Cumbre del Sol (Benitachell, Alicante), as of today.

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One of the many financial products available is the swap interest rate

During the past years there have been many new mortgage products and not always the clients and the banking institutions totally understand the benefits and losses of these new products, for this reason a judge has just stopped, for the first time in Spain, the execution of a SWAP.

For those that are not up to date with all these terms, SWAP is a financial exchange of interest rates, a complex financial product thought for companies and self-employed people, to seal an agreement between the parties, where the loans will be referenced to a fixed rate for a prescribed period, regardless of external changes.

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