Description
Investment opportunity.
Our 74-year seller has lived here for 18 years and will continue to do so after the deal is complete, she is looking to release some equity from her Spanish home.
The value of the property is approximately 140,000. We are currently
marketing it for 82,000 euros. In exchange for the discount, the seller
assumes the right to live in this home until such time as she either
passes away or moves into full-time state care.
The owner has informed us of some medical issues that we can speak about in private.
From an investment point of view, the owner is willing to listen to terms. An offer of, for example, a 50% down payment, plus the balance over a longer period of time will be of interest to her.
We will help broker the deal in such a way that both buyer and seller
achieve exactly what they are looking for.
Costs for the buyer will be normal conveyancing fees (around 1,500 euros) plus relevant taxes, notary costs etc.
The property is debt and mortgage free, as confirmed to us by our legal department. The property is a large, three-bedroom, two-bedroom home. A fourth bedroom can be added thanks to the amount of space available.
The large under build provides lots of options for games rooms, additional bedrooms, office space etc.
This is a corner plot, again adding to the feeling of space in this semi-detached property. There is on site parking which is a plus if the investor intends to rent it to golfers or families in the future. Our client will continue to maintain it to the high standard she has done so for many years.
Pinar de Campoverde is a village of 3,000 residents. You'll find this vibrant, multicultural town located in the southernmost quarter of the Alicante province close to the Murcia border. Corvera airport is 30 minutes drive, and Alicante is around 45 minutes. The country location, at the foot of the Sierrade Escalona mountain range, provides stunning terrain. The walks, hikes, dry rivers, horse trails, and golf courses in the region (especially the famous Lo Romero Golf course just a few km away) are special with many people flooding the region every weekend to take full advantage of the wonderful area. Pinar de Campoverde is situated just 10 km from the Mediterranean coast. The beaches are as special as you'd expect in this part of the Spanish tourist region. Pinar comes under the administrative control of the municipality of Pilar de la Horadada, the nearest Spanish town with its sports facilities, shopping, banking, and more.
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