Polaris World Golf Resorts 10 Easy Steps to Buying your Polaris World Property
There are just 10 easy steps to making your property on Spain's stunning Costa Cálida a wonderful reality. With properties ranging from £85,000 to £1.5million, Polaris World makes buying a home at one its five beautiful resorts in Murcia accessible to every budget and taste. Purchasing a property abroad can be a daunting task but Polaris World aims to simplify the process with 10 simple steps.Committed to quality, Polaris World staff will provide you with comprehensive property and financial advice from the moment you show interest, and will even organise an inspection trip, through PropertyInSpain.com, for you to visit your chosen resort before you finally make your choice.
Polaris World is an independent, private company, founded by Murcian entrepreneurs Pedro Garcia and Facundo Armero. Owning 40 million square metres of land in Murcia, Polaris World has significant financial backing.
To date, all 800 properties at the first of Polaris World's resorts - Mar Menor - and 2,600 properties at the second resort of La Torre have been sold, 60 per cent of which have been snapped up by British purchasers.
"At Polaris World, we've recognised the growing trend among UK consumers to find permanent and second homes in the sun, as well as the desire to invest abroad rather than pay through the nose for UK property prices," says Pedro Garcia Merono.
"Our resort developments are specially designed to create an environment that offers the best in architecture and design, sporting activities and the natural environment. Just one of the five resorts has been built, yet consumers are already buying off plan at the four other resorts in the pipeline. It's a very exciting time for us."
The 10 easy steps to buying your property
Before buying a Polaris World property, you will be given all the information you need to determine which sort of property you would prefer within the range offered at each of the resorts. You may be looking for a "buy to let" investment, somewhere to move permanently, somewhere to enjoy your holidays or a long-term retirement opportunity. At this stage, Polaris World and PropertyInSpain.com keep you informed on what's on offer.
If you are interested in any of the properties, you can select a plot and pay the £2,000 needed to reserve a property for a period of 30 days. A contract between Polaris World and the client will be drawn up and sent to you during this period. If you do not wish to purchase the property after 30 days the money will be reimbursed.
After 30 days you will be required to pay 25 per cent of the total price, minus your deposit.
Between six and nine months later a further 15 per cent is due.
The outstanding balance of 60 per cent is due on completion. This is usually 15 months after the start of construction of the phase of the resort in which your property is located.
At each payment stage the client will need to add VAT (7%).
All payments are guaranteed by major banks in Spain.
Throughout the steps of your purchase, Polaris World and PropertyInSpain will offer all the support you need. If you are keen to contact a lawyer with experience in the Spanish property market and buying a property abroad, We can even provide you with contact details although, of course, you are free to get in touch with one yourself.
Polaris obviously supports the client at all stages of the purchase. Even for the Public Deed, we manage the NIE for the clients - a translator can be provided, as well as transport to take them to the notary office to sign the deed for their property just before the final payments.
At any stage of your purchase, you are free to contact the professional, English-speaking Polaris Customer Service team, which is fully geared to answer all of your questions.
Once you've bought your home in the sun, Polaris World offers an abundance of good-value services.
Examples are...
Satellite TV rental package with 30 channels... 20 euros (£14) a month after one-off initial fee of 377 euros (£260) to join the service
Broadband internet... 37 euros (£25) per month
Telephone line rental... 11.60 euros (£8) a month plus calls made)
Swimming pool maintenance... from 45 euros (£31) a month
Cleaning services, including vacuuming, dusting, bathroom cleaning, terrace clearing, bed-making and window cleaning... from 20 euros (£14) a day
Full house maintenance, including repairs, ventilation, boiler checks and electrical appliance guarantees... from 640.32 euros (£441) per year.
Moneycorp is the leading commercial foreign exchange provider. We offer professional guidance and expertise to ensure that currency exchange works in your favour when buying your Property in Spain, saving you money and giving you peace of mind. Our friendly, expert staff won't baffle you with jargon but will guide you to the most competitive exchange rates available whilst offering the highest levels of customer service.