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THIS IS AN EQUITY RELEASE PROPERTY PLEASE LOOK AT www.equityreleasespain.com FOR A FULL DESCRIPTION AND HOW THIS WORKS. The current owner is 82 years old so this really is a fantastic investment opportunity. Playa Flamenca 3 bed 2 bath 1st floor apartment for sale in complex with swimming pool located only 10 mins walk to Zenia Boulevard shopping complex. Beautiful, spacious and bright with spectacular views in the heart of Playa Flamenca. The area in Playa Flamenca where it is located is perfect, as it is within walking distance of the Zenia Boulevard shopping centre, municipal sports areas, schools, shops, leisure areas and of course, 10 minutes from the best beaches of Orihuela Costa. The residential is fenced and gated with automatic gates for vehicle access, and has within it parking where you can leave your car on the street, with an Olympic size swimming pool, 25x12 plus gardens around it, and ample parking areas for vehicles. The property is very spacious and open, with a main terrace facing south and sun practically all day. You have windows on both sides of the house, that can be opened and creates a lovely breeze that refreshes the Apartment and keeps it well ventilated. From all the windows there is a feeling of independence and privacy the apartment is on the 1st floor so not to many stairs!. The property is a very good size, practically 90 m2 built, with a beautiful living-dining room , a spacious kitchen with breakfast bar and a pantry-laundry room, three large bedrooms with fitted wardrobes, the master with en-suite bathroom, and a second complete bathroom for the rest of the flat. From everywhere you look there is a feeling of spaciousness and roominess. THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD Usufruct Duration Life Time Market Value euro175000 Purchase today* euro120000 Discount 45% *Inclusive of Buyers Commission THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD 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 short/mid term.
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.