LISTINGVIEW_MAIN.PHP

Bare Ownership Quad in Algorfa, Algorfa

This Quad has 3 bedrooms and is priced at €70,000

Bare Ownership Quad in Algorfa (0) Bare Ownership Quad in Algorfa (1) Bare Ownership Quad in Algorfa (2) Bare Ownership Quad in Algorfa (3) Bare Ownership Quad in Algorfa (4) Bare Ownership Quad in Algorfa (5) Bare Ownership Quad in Algorfa (6) Bare Ownership Quad in Algorfa (7) Bare Ownership Quad in Algorfa (8) Bare Ownership Quad in Algorfa (9) Bare Ownership Quad in Algorfa (10) Bare Ownership Quad in Algorfa (11) Bare Ownership Quad in Algorfa (12) Bare Ownership Quad in Algorfa (13) Bare Ownership Quad in Algorfa (14) Bare Ownership Quad in Algorfa (15) Bare Ownership Quad in Algorfa (16) Bare Ownership Quad in Algorfa (17) Bare Ownership Quad in Algorfa (18) Bare Ownership Quad in Algorfa (19) Bare Ownership Quad in Algorfa (20) Bare Ownership Quad in Algorfa (21) Bare Ownership Quad in Algorfa (22) Bare Ownership Quad in Algorfa (23) Bare Ownership Quad in Algorfa (24) Bare Ownership Quad in Algorfa (25) Bare Ownership Quad in Algorfa (26) Bare Ownership Quad in Algorfa (27) Bare Ownership Quad in Algorfa (28) Bare Ownership Quad in Algorfa (29) Bare Ownership Quad in Algorfa (30) Bare Ownership Quad in Algorfa (31) Bare Ownership Quad in Algorfa (32) Bare Ownership Quad in Algorfa (33)

Algorfa

€70,000

Reference JJC0115
Location Algorfa - See our Algorfa area guide!
Property Type Quad
Bedrooms 3
Bathrooms 2
Build size 114m2
Pool type Communal
Usufruct For life
Investment type: Bare ownership
Market value €70,000

Full description of this Quad

Fantastic investment! Discount of approximately 55%.

For sale is the BARE OWNERSHIP of this fantastic villa in Calle Jazmín, 03176 Algorfa (Alicante). The current owners, a married couple aged 85 and 82, reserve the right to use and enjoy the property for the rest of their lives. The property has a market value of 160.000€.

Payment plan: Down payment of 40.000€ and a monthly annuity of 500€/month.

NOTE: The purchase price indicated in the advert has been calculated taking into account the life expectancy of the youngest of the current owners, which is 5 years.

 

Formalisation costs: The expenses generated in the sale and purchase (Transfer Tax, notary and registry) will be paid in full by the buyer, with the exception of the Municipal Capital Gains Tax, which will be paid by the seller.

Maintenance costs: Once the transaction has been formalised before the notary, the costs of the property will be distributed as follows:

  1. The Property Tax (IBI) and the building insurance will be paid by the buyer.
  2. The ordinary community fees, the extraordinary payments, the contents insurance, the urban waste tax and the utilities (electricity, water, etc.), whether individualised or not, will be assumed by the selling party.

 

Description of the property

This beautiful villa has a porch at the entrance, right next to a parking area for one vehicle.

The living-dining room is spacious and bright, and is partially connected to the open plan kitchen with breakfast bar and fully equipped. This kitchen has access to a laundry area.

It has a total of 3 good sized bedrooms with fitted wardrobes and two complete bathrooms with shower.

The cosy terrace on the upper floor is ideal to enjoy the good weather in the area, with enough space for a table and chairs.

The property has air conditioning and also has a fantastic communal swimming pool.

Located in the urbanisation of Montebello, Algorfa. In this urbanization you will find bars and restaurants, and only 2 minutes away, in Ciudad Quesada, you will find all the services such as supermarkets, pharmacies, banks, shops, medical centre, and much more. The beaches of Guardamar are only 10 minutes away and Alicante airport is only 30 minutes away.

 

Read more about Algorfa in our area guide!