THIS IS AN EQUITY RELEASE/ INVESTMENT PROPERTY Sale & Leaseback Investment Opportunity Buy this property today and take advantage of the stress-free Sale & Leaseback arrangement. Property Value euro330,000 Investment today* euro178,000 Discount 46% Guaranteed rental return euro500 pcm *Excluding conveyancing costs Sale & Leaseback Investment Opportunity Country house for sale on an Equity Release Investment plan with a guaranteed rental return of euro500pcm A Usufruct deal, ready for the right investor. Usufruct means to "enjoy the fruit of" and is a legal term we use to explain how sellers and buyers benefit from a deal such as this one. Our 69 & 72 year old owners would like to offer his home to a savvy investor. The new buyer will take full ownership of the property while granting the owners the legal right to live there and "enjoy the fruit" (literally) of the property until such time as they go into full-time state care, choose to move out, or pass away. The property has an estimated value of 265,000euro and we can sell it today for euro178,000 ABOUT THIS PROPERTY Almunecar: Lovely three bedroom Rustic Finca for sale with a view over the Spanish countryside, with a pool, lots of space, and even Avocado trees! The Main house consists of A large lounge and dining room with Log Burner Separate country style Kitchen 3 bedrooms, two of which are doubles with ensuites. Additionally, there is a casita (an annex or a granny flat) separate from the main house, with one double bedroom, lounge, bathroom and kitchen. The garden has a lovely swimming pool and there are a variety of fruit trees including, avocado, mango, orange, lemon and grapefruit trees and a vegetable patch in the garden and bottom plot. There is a garage for car parking. Almunecar, (Almuñécar) is a town of 25,000 people in the south of Spain. Mostly considered to be on the Costa Del Sol, it is actually in the Granada province bordering the Malagueño municipality of Nerja. The Verde river famously runs through the region. Since the mid-70s the town has become one of the most important tourist towns in Granada province. Almuñécar's well-known coat of arms, shows the turbaned heads of three Barbary pirates floating in the sea. It was granted to the town by King Carlos the first in 1526 for having destroyed a Berber raiding force.