Burn Capital

18/11/2021

We are live!!

New just launched!

Buying - HMO portfolios - Refurb opportunities Purchase yield requirement must be 10%+

11/07/2021

30/06/2021

Brilliant banter

07/05/2021

When the state of alarm imposed by the central government to curb the spread of coronavirus comes to an end this Sunday 9 May, restrictions will be relaxed across the country.

05/05/2021

As the property market continues to grow in the Costa del Sol,here is an example of how popular property really is

A deal worth a cool 32 million euros has been closed on the Costa del Sol with the sale of the exclusive Villa Culligan on the La Zagaleta luxury residential estate.

28/04/2021

News for Property Buyers in Spain

Today Transfer Tax has been reduced in Andalucia from its current levels to a flat rate of 7% on the entire purchase price..but only for purchases completed by 31st December 2021.

Stamp duty on new property has been reduced to 1.2% from 1.5%. For purchases of resale properties,
So the following savings can currently be made:
€300.000 - saving of €3.000
€500.000 saving of €6.000
€1.000.000 saving of €19.000
€2.000.000 - saving of €49.000
€3.000.000 - saving of €79.000

25/01/2021

What is a bridging loan and what is it used for?

A Bridge loan/Bridging Loan/Caveat loan is a short-term loan, typically taken out by an individual or business for a period of 2 weeks to 3 years. Bridge loans are often used for commercial real estate purchases to quickly close on a property, retrieve real estate from foreclosure, or take advantage of a short-term opportunity in order to secure long term financing. Bridge loans on a property are typically paid back when the property is sold, refinanced with a bank.

If you would like to discuss financing options further, please feel free to message us