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THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD Market Value euro735,000 Purchase today* euro583,275 Discount 20% Guaranteed rental return euro1,300 pcm *Inclusive of Buyers Fee Sale & Leaseback Investment Opportunity Buy this 5 bedroom House in Estepona today and take advantage of the stress free Sale & Leaseback arrangement. Our owners (66 & 70 years of age) wishing to free up some of the value in their Spanish home will, in exchange for a long term, discounted price rental agreement, give our investor a reduction in the price. The property can be owned by paying one-time payment of euro583,275. The owners/new tenants will pay a rental return of euro1,300.pcm. 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 a predetermined period, typically 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 (usually upon the seller's passing), 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. About this Property This property is set over 3 floors, with the first floor being a fully self contained apartment consisting of 2 bedrooms, 2 bathrooms, full kitchen, lounge, dining room and a private 15' garden. Ideal as a granny flat or for teenagers and could be leased for euro1,000 per month The second floor consists of Lounge, Dining Room, Kitchen and Bathroom and benefits from a large balcony The third floor has 3 Bedrooms, 2 Bathrooms and 2 large balconies. Fantastic views of the Mediterranean sea and the Rock of Gibraltar Garden area with Pool
This info given here is subject to errors and do not form part of any contract. The offer can be changed or withdrawn without notice. Prices do not include purchase costs.