THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD Sale & Leaseback Investment Opportunity Market Value euro330,000 Purchase today* euro177,633 Discount 46% Guaranteed rental return euro500 pcm *Inclusive of Buyers Commission Sale & Leaseback Investment Opportunity Country house for sale on an Equity Release Investment plan with a guaranteed rental return of euro500pcm Our 69 & 72 year old owners would like to offer their 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 choose to move out, or pass away. 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 (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 Lovely 4 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. The Casita (annex) consists of: One additional double bedroom Lounge Bathroom 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. Build Area - 282m² Plot - 300m² Construction Year 1970 Suma/IBI - euro250 Community Fees - euron/a 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. 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).