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| THIS IS AN EQUITY RELEASE / NUDA PROPIEDAD What does this mean? This property offers a unique chance to acquire ownership through Nuda Propiedad, a concept meaning "bare ownership." Here's how it works: You purchase a portion of the property's ownership at a discounted price compared to the market value. This creates two ownership rights: Usufruct: The seller retains the right to live in and use the property for their lifetime. Bare Ownership (Nuda Propiedad): You acquire ownership of the property itself but cannot occupy it until the usufruct period ends. Once the usufruct period expires , full ownership, including occupancy rights, will transfer to you. This approach allows you to invest in the property's future value at a reduced cost, while the seller enjoys continued use of the property. It's a great way to enter the property market or invest for the mid term. * Buyer pays €5,000 plus IVA for professional fees this is not included in the sale price Property Type: Bungalow Location: Pinar De Campoverde, Alicante Bedrooms: 2 Bathrooms: 1 Internal Surface: 69m² Plot Size: 115m² Pool: No Condition: Excellent Occupants (Usufruct Holders): Female 78 & Female 79 Usufruct Rights: Lifetime use of property Property Description: This 69 m² semi-detached house, spread over a single floor, is ideal for enjoying the comfort and functionality of a well-used home. The property features two bedrooms, one full bathroom, a bright living-dining room, a fully equipped kitchen, and air conditioning, ensuring year-round comfort. It also features a pleasant terrace, a private garden, a garage, and built-in wardrobes, providing a functional space both indoors and outdoors. Located in a quiet residential area of Pinar De Campoverde, this Bungalow offers a pleasant setting with all amenities just minutes away: supermarkets, restaurants, schools, sports facilities, and health centers. It is also very close to the Mediterranean beaches, making it an excellent choice for both a first home and a vacation rental. THE PROFESSIONAL FEES ARE €5.000 PLUS VAT AND ARE NOT INCLUDED IN THE SALE PRICE. Both buyer and seller benefit from legally sound contracts, officially signed and registered with a Spanish public notary and the Land Registry. |
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| €79,900 | |||||||||||||||||||||||||||||
