Courtesy of Jason Higgs of Cilo Marbella
MARBELLA, SPAIN – A leading Spanish real estate company will be visiting Hong Kong shortly to speak with clients interested in investing in Spain and securing an EU visa waiver and a path to EU citizenship.
Cilo Marbella, based in the titular southern Spanish resort city, has an investment project that offers brand new modern villas, with private swimming pools and gardens, located close to the popular luxury tourist destinations of Marbella and Puerto Banus. The villas are 450 square metres in size and priced at just under €1 million. The company then undertakes to rent the villa out when not in use by the owner and expects to generate income of approximately €50,000 pa.
According to director, Jason Higgs, there is a joint attraction for Hong Kong residents. ‘We are finding the people in Hong Kong are just as interested in the EU visa waiver and path to citizenship, as they are the financial investment aspects of the project. The recent unrest has led to a pronounced spike in enquiries from Hong Kong. I think people are interested in keeping their options open at the moment’.
The Golden Visa programme has proved popular with non-EU citizens according to Mr Higgs. ‘To qualify for this there needs to be a minimum investment level of €500,000. We can offer local 70% finance but the half a million needs to be brought in from outside of Spain to qualify.’
Marbella and Puerto Banus are renowned throughout Europe for being prestigious resort locations, comparable to the Cote d’Azur in France. In addition to this investment product, the company also offers a wide range of properties to suit different budgets all the way from €500,000 – €50 million.
Cilo Marbella was formed by two former affiliate directors with Sotheby’s International Realty and are members of the, by invitation only, Who’s Who in Luxury Real Estate organisation which collectively sells over $300 billion of real estate annually. The company will be sending consultant Dr. Rosarii Griffin to meet with clients on 28/29 January and anyone interested in discussing their requirements should contact her at [email protected]