NEW BUILDING UPDATE!

To all the amazing and wonderful people of TCF and to all those associated with TCF we are excited because buying our own building is now within our grasp.

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Financial Story

THE FINANCIAL REASONS WHY WE ARE DOING WHAT WE ARE DOING

Staying in our current building means a monthly rent (including IVA Tax) from June 2019 of €4,840 pcm increasing by 5% per annum means that over the next 10 years we will have to pay €730,523 in Rent.

God is good and we are partnering with Him in this venture

WE HAVE A MORTGAGE OFFER

Our bank has offered 60% over a 12-year term. We had hoped for a 70% mortgage over 15 years so our initial estimate of needing €208,000 has now risen.

WHAT THIS MEANS?

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Budget:

€480,000 to buy

+ €14,400 costs

+ €50,000 initial renovation

We will completely own our new building

…totalling €544,400, paid off in 12 years.

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Kingdom Story

THE KINGDOM REASONS WHY WE ARE DOING WHAT WE ARE DOING

The church is not a building made with bricks and concrete … it is of people united in Jesus Christ in the power of Holy Spirit building God’s kingdom.

Over one third of our congregation have become Christians in their later years proving that there is a harvest field among the Multi-national, English-speaking ex-pat community on the Costa Blanca South whom we serve.

Jesus said “The field is white unto harvest” (John 4:35) and TCF is well placed to bring the good news of Jesus Christ to a wide area surrounding Torrevieja.

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