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70 per cent of Reserva de Miraflores apartments sold in less than 4 months

  • United Arab Emirates: Tuesday, March 16 - 2004 at 11:57
  • PRESS RELEASE

HK Corporation announced yesterday that more than 70 per cent of all available apartments at their Costa del Sol's property development, Reserva de Miraflores, have been sold since the project launch less than six months ago.

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  • Reserva de Miraflores project.
    Reserva de Miraflores project.
HK Corporation attributes the influx of sales to the simple 3 step purchase plan which includes a 20% refundable deposit and no stage payments.

Set in one million square metres on Spain's Costa del Sol, Reserva de Miraflores features low-rise apartments, villas and townhouses built in the classic Mediterranean style. It is surrounded by spacious landscaped gardens, swimming pools, tennis courts and a private 9-hole golf course, with residents also given complimentary membership to three neighbouring 18-hole courses.

The property features a wide range of properties available off the plan. Spain's Costa del Sol is a star performer among world property markets, with house prices continuing to climb every year by between 15% and 50%.

Reserva de Miraflores also represents an opportunity for expatriates to buy closer to home soil, protected by European laws, in a climate that enjoys year round sunshine. A recent Spanish study estimates that 800,000 European families will buy a home in the Costa del Sol in the next five years. Currently 400,000 non-Spanish people have a first or second home on the Costa del Sol.

Several customers have mentioned trust and value for money as deciding factors in going with HK Corporation. "When we attended an HK seminar in Dubai, we became familiar with the pitfalls that accompany property buying even though we have bought property before," said Reserva de Miraflores buyer Andrew Lawson. "After many meetings with HK's CRM team and much research later, we became convinced that Reserva de Miraflores was a good investment. After just a few months, there was a rapidly growing demand for the two apartments we bought. Within 5 months, HK Corporation sold our option on one apartment, leaving us with an amazing profit of over 30,000 Euros."

HK Corporation carries out all property transactions in strict accordance with E.U. law and assures clients of complete reliability and transparency in all matters.
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Notes and media contacts

For further information, please contact
HK Corporation
P.O. Box 74779
Dubai
Tel. 971 4 345 4583

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