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This is an Equity release property the current owner is 75 years old. Location, Location, Location! Moraira is a small upmarket Spanish coastal town, part of Teulada municipality, in the Marina Alta comarca, 80 km north of Alicante and 100 km south of Valencia. Welcome to this fabulous investment opportunity. This is an equity release property, close to the centre of Moraira in the most exclusive and desirable area. This well presented 4-bedroom property offers ample living space, a prime central location, and all the comforts of living by the coast. The property features a bright and airy open-plan layout. Enjoy year-round comfort, ideally positioned just a couple of minutes walking distance to all local amenities. This property truly offers the best of convenience and comfort in one of Spain’s most desirable locations. THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD Usufruct Duration Life Time Market Value euro1,000,000 Purchase today* euro545,000 Discount 47% *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 mid term. 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.
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 The offer can be changed or withdrawn without notice.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.