The Concept

Advantages of buying a life-long lease in Villamartin Hills
The purchase of a life long lease means that there is no IVA (VAT) to pay. There are no solicitor's or registrar's fees and the notary fees for signing all the necessary documents will be paid by Villamartin Hills.S.L

There is no community fee or rates to pay. This is included in the 250 euros monthly fee.

Buildings insurance is also included in the monthly fee, but not contents insurance. No financial depreciation on your property as in normal leasehold properties. Your property will not be affected by fluctuating property prices.

The property is excluded from capital gains tax and inheritance tax.

Life-Long Lease should you wish to leave at any time, your money will be reimbursed within 40 days of you vacating the apartment. There is no problem with having to sell a property or get involved with estate agents.

The Equity Release Scheme will allow you to move into Villamartin Hills before your current home has been sold. You won't have to worry about building repairs or maintenance, unless due to your own negligence. All repairs, including minor things like changing light bulbs, will be done for you.

No worries about paperwork. The administration staff will help you with all the documentation you need for your life in Spain including your yearly tax returns. All your needs will be catered for whether it is medical, social or safety. The facilities on the complex include everything you will need.