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FLUENT FINANCE ABROAD – PROPERTY
INVESTMENTS
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WHAT IS IT AND HOW DOES IT WORK?
FFA has developed an investment platform which allows investors to purchase from an
exclusive list of properties via auction through the Principal Courts of Marbella, at
seriously competitive prices.
Our strategy focuses on “Purchase to Resale” Real Estate to generate a return of
capital invested. The mechanics of the business model introduces a short term exit
strategy for investors, which can be repeated any number of times throughout the year.
Through this investment platform FFA facilitates the purchase of a property at auction;
project manages any refurbishment work and promotes the resale onto the open
market.
Our concept is simple, buy very low, add value, sell below market value and at the
same time keep the profit margins high for our investors.
We can also facilitate a one off property purchase service for the property investor who
wishes to purchase for personal use and not for investment returns.
Steps for purchasing via court auctions via Fluent Finance Abroad (FFA)
STEP 1
Introduction to the business model and pro’s and con’s to purchasing property
financially distressed property.
Basic property information of property deals currently available at the time.
Requirements for purchasing a property at a Spanish auction or directly from
lending institutions.
Introduction to our expert and professional panel of lawyers.
Financial assessment with FFA or a UK qualified financial adviser and proof of
funds.
Full client registration with FFA, including passports copies and NIE numbers
provided.
Non disclosure agreement contracts to be signed by all parties involved including
FFA, client & any agents involved.
STEP 2
Interested party selects property / properties that are of interest which all parties
confirm are viable based on proof of funds etc. (see above)
Client registers their interest in the selected property by depositing the reservation
deposit of €3000 into the lawyers escrow account. An administration fee of €500
will be paid for the necessary property due diligence to take place. (Land searches,
nota simples and bank / owner negotiations etc)
Agree and set the maximum bid price based on current market values and
potential profit margin or discount required.
STEP 3
Evaluate total funds required for the project / purchase of said properties and
confirm funds are in place for completion if successful.
Estimate possible refurbishment and furniture costs that may be required.
30% of the court valuation price to be deposited directly into the courts bank
account. Receipt given once deposit made.
Full commission payable to FFA upon successful purchase.
STEP 4
Bid is successful at auction and the sale must be completed within 20 days.
If there is a NO SALE – the deposit placed in the courts bank account is returned
to the client. Maximum timescale for this is 3 days. Generally paid as a
PORTADOR cheque (1 day).
We start to locate the next suitable property.
STEP 5
The reform and resale process begins.
Carry out the necessary reform and design works.
Promote back onto the market utilising the networks of Spanish and European real
estate agents.
Pay all re sale charges share in the profits and prepare to reinvest in the business
model once more.
MARBELLA
ESTEPONA | SAN PEDRO DE ALCANTARA |
SOTOGRANDE | LAS CHAPAS | MIJAS COSTA | PUERTO BANUS |
