Pilar de la Horadada – 3 bedroom, 2 bathroom Apartment – Investment – Buy To Let Opportunity – 68.300€ (Ref: PDHSS009)

Pilar de la Horadada

For Sale

€68,300 Offers in The Region Of

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Property ID :

 PDHSS009

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Bedrooms

3

Bathrooms

2

Living Area

110 sq m

Description

Fantastic Investment or Buy To Let opportunity in the sought after town Pilar de la Horadada.

3 double bedrooms, 2 bathrooms apartment with a garage located in the center of Pilar de la Horadada, walking distance to the main high street of Calle Mayor. Where you will find plenty of shops, banks, cafe’s, restaurants and bars. English speaking great medical facilities with a medical center and dentists.

The property is on the second floor with elevator access from a communal area. Access to post box and deliveries.

  • The apartment has very good access to transport facilities with the main bus station within a 5 minute walk
  • Located in a quiet residential area with off street parking
  • 3 generous bedrooms with built in cupboards, separate kitchen with utility room and living room area
  • Very well kept and clean communal areas
  • The property is in good condition, some work required, includes light fittings
  • Ceramic floor tiles throughout.
  • Ceramic wall and floor tiles in the family bathroom
  • Sunny balcony
  • Kitchen includes units and granite work tops
  • Family bathroom includes fitted shower unit, WC and bidet
  • Bathroom ensuite includes bath, WC and bidet
  • Beaches are 2.0 km walking distance
  • Mortgage and Finance can be arranged
  • Guaranteed rental schemes
  • Guaranteed tenants waiting

This is a rare opportunity to purchase this bank repossession in such good condition at this price.

Note: A bank repossession property may require reinstallation and the settlement of outstanding utility accounts, more information on request.

Cost Analysis – Purchase price of € 68,300:

  • Purchase Tax (VAT currently at 10%) – € 6,830
  • Deposit: 30% – € 20,490
  • 70% Loan to Value (LTV) funded by a Spanish Lender – € 47,810
  • Legal & Conveyancing fees: € 1,500
  • Annual community / service chargers € 350 Approx.
  • Annual SUMA Fees (Council Tax): 350 Approx.
  • Monthly Rental Income: € 500
  • Estimated Monthly Mortgage Payment:  € 242
  • Rental Yield 9%
  • Murcia Villas finders fee: 1% of the purchase price

Approximate investment Amount: 30,203

Video

Pilar de la Horadada – 3 bedroom, 2 bathroom Apartment – Investment – Buy To Let Opportunity – 68.300€ (Ref: PDHSS009)

Location Map

Agent Murcia Villas Pilar

Sanjai Gajjar, Director Murcia Villas Pilar: Read More

Office : (+34) 966 392 078

Mobile : (+34) 634 307 526

WhatsApp : 0044 7825 596 719

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DISCLAIMER

Murcia Villas SL for themselves and for the owner of the property whose agents they are give notice that:

  1. 1. These particulars do not constitute any part of an offer or a contract.
  2. 2. All statements contained in these particulars are made without responsibility on the part of Murcia Villas SL.
  3. 3. None of the statements contained in these particulars are to be relied upon as a statement or representation of fact.
  4. 4. Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
  5. 5. The owner does not make or give and neither do Murcia Villas SL nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.
  6. 6. Where every attempt has been made to ensure the accuracy of the details contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission, or mis-statement. These details are for illustrative purposes only and should be used as such by any prospective purchaser. The services, systems and appliances shown have not been tested and no guarantee as to their operability or efficiency can be given.
  7. 7. Prices are quoted in euros, working with a conversion rate of 1.12euros to the pound, discrepancies may occur in prices for holiday accommodation due to currency fluctuations.