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If someone buys a property on the Spanish coast for investment purposes, even the monthly repayments of the mortgage could be managed from the yield of the property’s holiday rentals – told by Bernadette Rétháti and László Rétháti, the owners of Royal Red Properties, to Üzletem Magazin. On a cool, drizzly morning in May, I am talking with Bernadette Rétháti and László Rétháti, the two owners of Royal Red Properties real estate agency, in a café in Budapest, while the sun is shining in Alicante and the temperature is 24 degrees. I think there is no need to go into details about the weather. In the Florida of Europe, the climate is wonderful for eight months of the year. You can easily turn from a tourist and vacationer into a lover of this gorgeous Mediterranean area. Bernadette and László, with more than two decades of experience in real estate, find that more and more people from Hungary are also interested in apartments, houses, and even luxury villas in Spain. True, not as many as from Western Europe: the English, Swiss and Scandinavians are ahead of us in this. However, the Hungarian market is considered important. Just before our conversation, a deal was closed, right before the start of the summer season, proving how busy they truly are all year around. Besides many other services Royal Red Properties also undertakes the rent of properties bought by their clients.Many people book their vacation already in January, but even later in the year there are options if someone chooses to relax in Spain for a week, or even just a few days or a whole month. Refinement, quality, respect for guests and full service are the basis of Red Royal Properties' services. The guest chooses the most suitable accommodation, and from then the real estate agents take care of everything. For example, the car company affiliated with RRP will take the person arriving to Alicante late at night from the airport to the accommodation. Even small details as "survival package" will await the guests in their refrigerator after the long journey to ensure their comfort. All is left to do is to switch on: VACANTION MODE! If the guest has chosen a "smart house", they will of course be introduced to all important functions. Without any intrusion, they offer countless programs in the area, inform you about nearby shops, tourist attractions, places to go for excursions, the best beaches (including hidden stretches of coast that only the locals know about). László emphasizes of course, Red Royal Properties is not a travel agency, but this is the added value for the guests. Seeing these, it's really no wonder that the vacationer can later become a real estate buyer with RRP. A very attractive fact, to those who would like to buy as an investment, according to Bernadette, is that the yield generated from holiday rentals can be used to pay off the monthly mortgage fees. Another good advice for these clients is that they themselves do not stay at the property in the high season, because the beach market is very busy from May to October, and this is the period when they could make the most of their investment. They are in collaboration with five or six Spanish banks, including one of the biggest banks in Spain, La Caixa. It is possible to get up to 50 percent mortgage of the purchase price. Variable interest rates range from 1.7 to 4.5 percent, for loans with fixed interest rates, from 2.5 to 3.8 percent. The maximum term is 40 years, but typically 15-20 years. Due to these great conditions, the majority of their clients prefer to purchase via bank mortgage, for which RRP provides full administration from the day of submission of the application right up to the final signature of the deed by the notary.

What do you need for all this?

• Maximum age of 70 (by the end of the mortgage terms), valid passport, certified translation of the tax returns, three months' proof of income.
• Applications can be processed within 60-90 days.
• Bernadette adds, a loan can also be taken out for real estate renovation, of course with a shorter term and a higher interest rate.
• After hearing all this, I truly believe that real estate investment with Royal Red Properties is a wonderful opportunity for people looking for a smart investment.
   

A cikk egy magyar üzleti magazinban jelent meg, és bemutatja a Royal Red Properties tulajdonosainak történetét.

https://uzletem.hu/vallalkozo/igy-valhat-az-alicanteban-nyaralobol-villatulajdonos

If someone buys a property on the Spanish coast for investment purposes, even the monthly repayments of the mortgage could be managed from the yield of the property’s holiday rentals – told by Bernadette Rétháti and László Rétháti, the owners of Royal Red Properties, to Üzletem Magazin.

On a cool, drizzly morning in May, I am talking with Bernadette Rétháti and László Rétháti, the two owners of Royal Red Properties real estate agency, in a café in Budapest, while the sun is shining in Alicante and the temperature is 24 degrees. I think there is no need to go into details about the weather. In the Florida of Europe, the climate is wonderful for eight months of the year. You can easily turn from a tourist and vacationer into a lover of this gorgeous Mediterranean area.

Bernadette and László, with more than two decades of experience in real estate, find that more and more people from Hungary are also interested in apartments, houses, and even luxury villas in Spain. True, not as many as from Western Europe: the English, Swiss and Scandinavians are ahead of us in this.

However, the Hungarian market is considered important. Just before our conversation, a deal was closed, right before the start of the summer season, proving how busy they truly are all year around.

Besides many other services Royal Red Properties also undertakes the rent of properties bought by their clients.

Many people book their vacation already in January, but even later in the year there are options if someone chooses to relax in Spain for a week, or even just a few days or a whole month.

Refinement, quality, respect for guests and full service are the basis of Red Royal Properties' services. The guest chooses the most suitable accommodation, and from then the real estate agents take care of everything.

For example, the car company affiliated with RRP will take the person arriving to Alicante late at night from the airport to the accommodation. Even small details as "survival package" will await the guests in their refrigerator after the long journey to ensure their comfort. All is left to do is to switch on: VACANTION MODE!

If the guest has chosen a "smart house", they will of course be introduced to all important functions.

Without any intrusion, they offer countless programs in the area, inform you about nearby shops, tourist attractions, places to go for excursions, the best beaches (including hidden stretches of coast that only the locals know about).

László emphasizes of course, Red Royal Properties is not a travel agency, but this is the added value for the guests.

Seeing these, it's really no wonder that the vacationer can later become a real estate buyer with RRP.

A very attractive fact, to those who would like to buy as an investment, according to Bernadette, is that the yield generated from holiday rentals can be used to pay off the monthly mortgage fees. Another good advice for these clients is that they themselves do not stay at the property in the high season, because the beach market is very busy from May to October, and this is the period when they could make the most of their investment.

They are in collaboration with five or six Spanish banks, including one of the biggest banks in Spain, La Caixa. It is possible to get up to 50 percent mortgage of the purchase price.

Variable interest rates range from 1.7 to 4.5 percent, for loans with fixed interest rates, from 2.5 to 3.8 percent. The maximum term is 40 years, but typically 15-20 years.

Due to these great conditions, the majority of their clients prefer to purchase via bank mortgage, for which RRP provides full administration from the day of submission of the application right up to the final signature of the deed by the notary.

What do you need for all this?

Maximum age of 70 (by the end of the mortgage terms), valid passport, certified translation of the tax returns, three months' proof of income.

Applications can be processed within 60-90 days.

Bernadette adds, a loan can also be taken out for real estate renovation, of course with a shorter term and a higher interest rate.

After hearing all this, I truly believe that real estate investment with Royal Red Properties is a wonderful opportunity for people looking for a smart investment.


This article published in a Hungarian business magazine and presents the history of the owners of Royal Red Properties.
https://uzletem.hu/vallalkozo/igy-valhat-az-alicanteban-nyaralobol-villatulajdonos

If someone buys a property on the Spanish coast for investment purposes, even the monthly repayments of the mortgage could be managed from the yield of the property’s holiday rentals – told by Bernadette Rétháti and László Rétháti, the owners of Royal Red Properties, to Üzletem Magazin. On a cool, drizzly morning in May, I am talking with Bernadette Rétháti and László Rétháti, the two owners of Royal Red Properties real estate agency, in a café in Budapest, while the sun is shining in Alicante and the temperature is 24 degrees. I think there is no need to go into details about the weather. In the Florida of Europe, the climate is wonderful for eight months of the year. You can easily turn from a tourist and vacationer into a lover of this gorgeous Mediterranean area. Bernadette and László, with more than two decades of experience in real estate, find that more and more people from Hungary are also interested in apartments, houses, and even luxury villas in Spain. True, not as many as from Western Europe: the English, Swiss and Scandinavians are ahead of us in this. However, the Hungarian market is considered important. Just before our conversation, a deal was closed, right before the start of the summer season, proving how busy they truly are all year around. Besides many other services Royal Red Properties also undertakes the rent of properties bought by their clients.Many people book their vacation already in January, but even later in the year there are options if someone chooses to relax in Spain for a week, or even just a few days or a whole month. Refinement, quality, respect for guests and full service are the basis of Red Royal Properties' services. The guest chooses the most suitable accommodation, and from then the real estate agents take care of everything. For example, the car company affiliated with RRP will take the person arriving to Alicante late at night from the airport to the accommodation. Even small details as "survival package" will await the guests in their refrigerator after the long journey to ensure their comfort. All is left to do is to switch on: VACANTION MODE! If the guest has chosen a "smart house", they will of course be introduced to all important functions. Without any intrusion, they offer countless programs in the area, inform you about nearby shops, tourist attractions, places to go for excursions, the best beaches (including hidden stretches of coast that only the locals know about). László emphasizes of course, Red Royal Properties is not a travel agency, but this is the added value for the guests. Seeing these, it's really no wonder that the vacationer can later become a real estate buyer with RRP. A very attractive fact, to those who would like to buy as an investment, according to Bernadette, is that the yield generated from holiday rentals can be used to pay off the monthly mortgage fees. Another good advice for these clients is that they themselves do not stay at the property in the high season, because the beach market is very busy from May to October, and this is the period when they could make the most of their investment. They are in collaboration with five or six Spanish banks, including one of the biggest banks in Spain, La Caixa. It is possible to get up to 50 percent mortgage of the purchase price. Variable interest rates range from 1.7 to 4.5 percent, for loans with fixed interest rates, from 2.5 to 3.8 percent. The maximum term is 40 years, but typically 15-20 years. Due to these great conditions, the majority of their clients prefer to purchase via bank mortgage, for which RRP provides full administration from the day of submission of the application right up to the final signature of the deed by the notary.

What do you need for all this?

• Maximum age of 70 (by the end of the mortgage terms), valid passport, certified translation of the tax returns, three months' proof of income.
• Applications can be processed within 60-90 days.
• Bernadette adds, a loan can also be taken out for real estate renovation, of course with a shorter term and a higher interest rate.
• After hearing all this, I truly believe that real estate investment with Royal Red Properties is a wonderful opportunity for people looking for a smart investment.
   

A cikk egy magyar üzleti magazinban jelent meg, és bemutatja a Royal Red Properties tulajdonosainak történetét.

https://uzletem.hu/vallalkozo/igy-valhat-az-alicanteban-nyaralobol-villatulajdonos

We have opened our Royal Red Properties Real Estate Office in Spain for more than fifteen years. We work in the highlighted beach areas; Barcelona and Alicante (or surroundings). We offer used and brand new homes, houses, villas for those who want to relax, go on vacation, change their lifestyle or look for investment opportunities. On request, we can organize the restructuring, equipment or leasing of these properties. We can also help with the documents and favorable loans needed to buy.

With a standard of seriousness in providing real estate services, seeks to conduct good business with efficiency, thus, tranquillity to its clients. Originally created to sell real estate with the needs of our customers over the years have expanded your activities with propertie management around Alicante and Barcelona.

Our staff is comprised of experienced professionals with extensive knowledge to suggest the best alternatives. In addition, we have a fully computerized system, which allows greater flexibility in research and adaptation of the profile of the property to client requests.

Renátó Rétháti

Renátó Rétháti

Renátó Rétháti