THIS IS AN EQUITY RELEASE/ INVESTMENT PROPERTY Property Value euro65,000 Investment today* euro38,500 Discount 40% *Excluding conveyancing costs Fantastic Opportunity to invest in this 2 bedroom Finca in Barranca de bon Capo, L'Ametlla de Mar, Tarragona THIS IS AN EQUITY RELEASE PROPERTY For sale is the BARE OWNERSHIP of this working Finca, in a fantastic location. The current owner, a 66 year old reserves the right to use and enjoy the property for the rest of his life. The property can be owned by paying one time payment of euro38,500 This property is a work in progress, look past at what it is at the moment and see what it can/will be ! ABOUT THIS PROPERTY Our owner is in the process of renovating the finca and land, and is looking to release some equity from his home in order to complete the project. When finished the house will be fully insulated, rendered and painted. Complete with a fully stocked vegetable garden! This is a working Finca, with a total of 1,5 hectare of land in the Barranca de bon Capo. It comprises of 72 olive trees, 52 carob trees, 3 fig, 10 almond trees. There is a vine, a plum tree and a orange tree in the garden of the house. The owner advises us that the carobs bring in around euro1000 a year and the olives around euro500. Also on the land is an old shepherd's hut (approx. 100 years old). The property itself comprises of two bedrooms, a living room, a kitchen diner, with a wet room/bathroom off the kitchen. There is a small shaded terrace with two workshops to one side. Good views of the sea from the roof terrace. The house and workshops are inside a fenced area. You will get the boar and fox coming into the garden if you leave the gate open. The house is on mains electricity and the water comes from two cisternas which are supplied from 2 sources, rain water collected from the roof and the next property's water well. The new kitchen and fire place, the oven and boiler are Propane gas. The boiler is supplied via a solar water heater. The current owner has obtained the cédula de habitabilidad. Once the main house is completed, our owner will be looking at renovating the shepherds hut into a one bed apartment with an attached bathroom and solar electricity. When finished he is looking at doing Air B &B and should rent out at approx. euro80 per night. What a lovely unusual place to stay! The shops and beaches are only a five minute drive away.