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Investment Property » For Sale » Spain » Valencia » Alicante » Bank Repossession Terraced Villa    

Bank Repossession Terraced Villa


Location

Spain
Valencia
Alicante
Costa Blanca south

Price

€95,000

Delivery date: Immediate
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Property ID: 473921














     
 

 Description

Key selling points

  • 2 Bedrooms 1 Bathroom
  • South Facing with Excellent Rental Potential
  • Communal Swimming Pool
  • Furnished and Ready to Enjoy
  • Well Below Current Market Value
  • Mortgage Facilities Available
  • Low Low Low Low Deposit

This property is an absolute bargain at ONLY 95,000euros excluding the 3% legal & notary fees, land registry fees, solicitors fees and the 7% Spanish tax (IVA). This property is on the market 35,000euros less than any other. If your seriously looking for a genuine bargain then act quickly because this one is a give away price that simply won´t be around long.   Contrary to what you may expect, this property is in pristine condition throughout and ready to move in and enjoy straight away, in fact the property is in absolute mint condition throughout. This property will not be around long, that I will guarantee you, so if you are thinking about a purchase in weeks or months ahead, this one will be gone, unless of course you act very quickly  indeed.    

The property..... is a south facing 2 bedroom 1 bathroom terraced bungalow with a 39m2 private roof solarium, plus additional outside space and garden area. The property is a few minutes walk from bars, supermarket, restaurants and the beach. The property has the following distribution: The Layout comprises of lounge/dining room with working fireplace, open plan fully fitted kitchen, separate utility room with staircase to private roof solarium. The main bathroom with full suite, and two spacious bedrooms, the master bedroom has a fitted wardrobe, the second bedroom with a free standing wardrobe. There is a balcony and garden to the front of the property. Other benefits of this property are that the entire property has already been fitted with window and door security grills, internet and telephone are also connected.

The Location..... Playa Flamenca is a very popular location for people of all ages and young families, situated just 10 minutes from the town of Villamartin and only 10 minutes to the beautiful blue flag beaches at Playa Flamenca, La Zenia or Punta Prima. The property is conveniently located close to two challenging 18 hole golf courses, just five minutes drive away and facilities are in abundance here with many shops, bars, restaurants to enjoy all within easy walking distance. The property offers excellent rental potential for those looking to gain an extra income and can easily be reached from Alicante airport in 30 minutes or San Javier International airport in 20 minutes

The Price..... ? this property is only 95,000euros excluding your 7% tax and 3% closing costs The total fully inclusive cost of this property including all charges and taxes is just 104,500euros which is around £83,600  

The breakdown of costs.....? 
Property base price 95,000euros
IVA (Spanish property tax applied to all property sales) 6,650euros
Legal fees, notary fees, land registry fees 2,850euros
Total fully inclusive cost of this property 104,500euros which is around £83,600

Additional yearly costs.....?

Community fees of 200euros
IBI or Suma (Same as UK Council tax) of 90euros

Mortgage Facilities..... Sure, no problem on this property we can easily arrange a mortgage of 85,000euros or more if needed, but you do need to be able to pay the 10% deposit in order to proceed. The property can not be held with a lesser deposit.  

A very Important point to know is that this property is sold entirely FREE of all Debts, should there be any, so you can be confident that you really are getting a bargain without inheriting any problems......  

Additional information..... This price is absolutely non negotiable as it is already way under market value. To proceed a 10% deposit is needed and the sale completing within 30 days- that's an easy timescale to work on, so don´t worry about that !   If you think this is something you may wish to proceed with, please let me know ASAP as when it comes to repossessions, the good ones get snapped up, and this is an exceptionally good one ! For a 2 bed 1 bath bungalow with solarium,  this is a totally absurd giveaway price......so please don´t believe all the hype, properties are still selling in Spain so don´t be fooled into thinking this will be around in weeks or months to come- quite simply, it. won´t be. If you are seriously interested then urgency is needed to secure this property.

 
     
     
 

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