| Alcaucin, Malaga, Spain
Villa/Detached House; Equity Release Investment Opportunity
Three-bedroom Villa/Detached home. Investment "Sale and Stay" deal. Wonderful location, situated in Malaga.
€250,000
Malaga, southern Spain: Villa with a 100,000 discount exclusively on the market with a sale and lease back option.
Thrilling offer, allowing a buyer to get a house worth 350.000 euros at a discounted price of 250.000 euros.
What will the property be worth in 10 years? Are you ready to retire then?
This investment gets even better. The owners do not want to move away from this amazing location. Who would be in a hurry to move out of this house? Indeed they have agreed not just to offer a discount in the region of 100,000 but they will do so in exchange for a rental agreement which sees them repay 750 euros per month for a minimum period of 5 years.
This is sometimes referred to as a "sell and stay" whereby the owner sells the property at a substantial discount and agrees to rent it back for a discount rental price. In this case, to be clear, the monthly rental is 725 with no property management fees or commissions for 5 years. At the end of the time, we can renegotiate with the owner to see if he is willing to remain in the property for a higher, market rent. The new investor can sell (at any time) or perhaps the buyer will then, in five years decide to move into the property.
As you can see in the pictures it is a wonderful property with such a nice swimming pool and living room.
Villa in Alcaucin, Malaga.
Contains following amenities:
Detached 3 bedroom 3 bathroom (2 en suite) on private road with individually designed detached villas.
All bedrooms with walk in wardrobes
Log burner fire - AC in lounge and main bedroom
Large lounge - kitchen adjacent
Separate dining room
Utility room
Extensive terrace and patio areas
Garden bar
Very low maintenance - mainly planters and tile/chino
Large garage
Large south facing terrace on upper floor
Marbled stairway
Swimming pool 8x4
Outside Jacuzzi
4 car driveway.
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