Description
THIS IS AN EQUITY RELEASE / NUDA PROPIEDAD
Usufruct Duration: Lifetime
Market Value: €300,000
Purchase Today*: €159,000
Discount: 47%
*Exclusive of Buyers Commission
Property Type: Apartment
Location: Benalmadena, Malaga
Bedrooms: 2
Bathrooms: 1
Internal Surface: 55m²
Plot Size: 60m²
Pool: Yes - Communal
Condition: Excellent
Occupants (Usufruct Holders):
Male 74 & Female 66
Usufruct Rights:
Lifetime use of property
Property Description:
Welcome to this fabulous investment opportunity. This is an equity release property, close to the sea in Torrealmadena in Malaga, Spain! This well presented 2-bedroom property offers ample living space, a prime central location, and all the comforts of living by the coast. The property features a bright and airy open-plan layout. Enjoy year-round comfort, ideally positioned within 1/2 minute walking distance to all local amenities. Set in a well-maintained community with easy access to local shops, restaurants, and transport links, this property truly offers the best of convenience and comfort in one of Spain’s most desirable locations.
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.
