Finance

What is the best loan?

The optimal structuring of your finance is one of the most important elements when purchasing a property. At Apartment Superstore we can offer a preliminary Property Investment Analysis (PIA) to assist you to determine the best way to finance your new property purchase. Options such as Bank Guarantees, Deposit Bonds, the use of equity from existing property or are all options available to buyers.

The Property Investment Analysis

Understanding the numbers is a major part of making an informed property purchase. Our trained Property Consultants use specialist Property Investment Analysis software to demonstrate the estimated costs and returns on a typical proposed  property purchase. Their expertise provides buyers with the confidence to make an informed decision. We recommend buyers seek iadditional ndependent financial advise regarding their personal financial situation.
 
Bank Guarantees or Deposit Bonds?

Bank Guarantees and Deposit Bonds are two common forms of finance often used when purchasing apartments. These often are used for "off the plan" purchases or "long term" settlements.

With a Bank Guarantee, the bank provides a guarantee against the property to cover the initial deposit. The full price of the property is paid at settlement. This option releases capital for other purposes until settlement. The is a low cost option.

Deposit Bonds are less common and may not be accepted by all developers. They operate in much the same way as a Bank Guarantee but the provider is often an insurance company. Generally, the costs of both options are similar.