Description
Altea, Alicante, spain.
Bare ownership cost-450.000
Current valuation- 850.000
In exchange for a lifetime lease, the asset rich/cash poor owners are willing to offer a reduction of 400,000 euro.
Both buyer and seller will be protected by water tight contracts and agreements signed and stamped by the Spanish public notary and the Spanish land registry.
Our bare ownership agreement allows the owners of this home, both in their 70's, to remain living here until such time as they pass away, move to another country or go into full time Spanish health care.
With all our sellers we aim to find that perfect sweet spot. We need the investor to get an incredible investment opportunity and the sellers to achieve what they want, stress free living in the house that has become their home over the past 20 years.
Altea with its whitewashed house facades, burrows of narrow streets, micro climate and palm lined seafront is one of the most attractive towns in the Valencia region.
Some features of this particular property.
Plot- 1462 metres
Interior-350 sq metres
Exterior - 450 sq metres
Parking- 8 cars
Swimming pool
Garden
terrace
BBQ
Centrally heated
3 floors, 4 double bedrooms en suite bathrooms, Dining hall, Large kitchen and views to sea and mountains.
This is the ideal investment, low involvement from the investor, virtually risk free, high return property purchase. If you wish to retire in 10 years, buy this house today and watch your investment grow. Easy exit strategy, tax efficient deal.
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