Description
THIS IS AN EQUITY RELEASE / NUDA PROPIEDAD
Sale and Leaseback Opportunity
Usufruct Duration: Lifetime
Market Value: €330,000
Purchase Today*: €177,633
Discount: 46%
*Inclusive of Buyers Commission
Property Type: Finca/Country House
Location: Almuñécar, Granada
Bedrooms: 4
Bathrooms: 3
Internal Surface: 282m²
Plot Size: 300m²
Pool: Yes - Private
Condition: Excellent
Occupants (Usufruct Holders):
Male 72 & Female 69
Usufruct Rights:
Lifetime use of property with rent
Rent: The owners/new tenants will pay a lifetime rental return of €500pcm. Like any rental agreement, they must honor all the terms and conditions of the deal.
Property Description:
Lovely 4-bedroom rustic finca with stunning views over the Spanish countryside, a swimming pool, ample space, and a variety of fruit trees, including avocado, mango, orange, lemon, and grapefruit, as well as a vegetable patch. The main house features a large lounge and dining room with a log burner, a separate country-style kitchen, and three bedrooms, two of which are doubles with en-suites. The casita (annex) offers an additional double bedroom, lounge, bathroom, and kitchen, making this property perfect for extended family, guests, or rental opportunities, all set within beautifully maintained gardens and grounds.
Both buyer and seller benefit from legally sound contracts, officially signed and registered with a Spanish public notary and the Land Registry.
In addition to the purchase price, the buyer pays Property Transfer Tax, notary fees, Land Registry fees.
