Archive for August, 2010
Luxury property “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.
The Euribor rate closes July at 1.373%
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.
Real Estate outlet offers from the VAPF Group
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.
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.
Recording of Grupo VAPF’s new DVD
Grupo VAPF has started recording a new corporate and commercial DVD that includes, among others, images of the most ambitious project of the companies 40-year history: Cumbre del Sol in Poble Nou de Benitachell, in Alicante province.
Of the recording sessions to date on Cumbre del Sol Urbanization, the sessions that most stand out are the sessions recorded with a light aircraft to obtain present day aerial views of the area, among which are the incredible images of the characteristic cliffs of the area, the Moraig Cove, Llebeig and Los Tiestos coves, the natural reserve of Granadella, El Puig de la Llorença, stunning images of the current North Costa Blanca coast and the various apartment developments, villas and houses built and commercialized by Grupo VAPF.







