THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD Usufruct Duration Life Time Property Value euro200,000 Purchase today* euro110,000 Discount 45% * Inclusive of Buyers Commission THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD For sale is the BARE OWNERSHIP of this wonderful Townhouse in Rojales, Alicante. The current owner, a 66 year old female, reserves the right to use and enjoy the property for the rest of her life . 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. About this Property The property is extremely well decorated and currently used as two bedrooms as the third downstairs bedroom is being used as a dining room. This property benefits from: Lovely size lounge area Fully Fitted Kitchen with door to rear patio area, access to communal pool area Separate Dining room/bedroom 3 Utility Room to the rear houses washing machine Bedroom 1 to the front with access to terrace with great view of the salt lakes Bedroom 2 is at the rear with access to balcony with lovely views over the pool area Fully equipped bathroom with corner bath Fully equipped downstair shower room All decorated and in an excellent well kept condition Fantastic fully tiled patio area to the rear, with access to the well kept communal pool area Fully tiled front garden, with access to underbuild storage area The communal pool area is just a few steps away Air Conditioning Natural Gas Log Burner Electric Radiators Heated towel Rails Just 15 minutes drive from the beach Alicante airport only 45 minutes drive Build Area - 80m² Plot - 90m² Construction Year - 2001 IBI/Suma Tax - euro220 Community Fees - euro600 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, and future annual IBI/Suma tax and property insurance. The sellers remain responsible for utilities and community fees (if applicable).