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Completion is late 2010, mortgages are arranged on purchase

and mortgage payments are not due until completion

Apartment: 110
Bank Valuation: €205,000
Bank Loan 70% LTV: €143,500
Deposit: £10,000 (sterling)
Instant equity: €50,000

Apartment: 111
Bank Valuation: €205,000
Bank Loan 70% LTV: €143,500
Deposit: £10,000 (sterling)
Instant equity: €50,000