Back to search result

Mazarron Country Club, Mazzaron, 03189

Villa/Detached House - For sale
Investment opportunity. Up to 50% discount available. Villa in a wonderful location, Mazarron county club, Spain. offering amazing comfortable living and convenience with simplicity. The sellers wish to sell the property yet remain living there in one of our "SELL and STAY" deals.
€55,000 ( PW)

Highlights

Address:

Mazarron Country Club, Mazzaron, 03189

Price:
€55,000 ( PW)
Property type:

Villa/Detached House - For sale

Reference:

ERS007


Property description

Mazarron Country Club, investment.

Calle Berlina,  Mazarron Country Club, is situated in a quiet cul-de-sac at the very west end of the urbanization. It was part of phase one of the Country Club development. 

Lived in by the original purchasers for 21 years so far and assuming we find the right investor, they will continue to maintain it in pristine condition. The home has a pleasant outlooks to east and west on Calle Berlina, and a view to the north of our local mountain. (Available for the stronger ones to climb!!).

The villa consists of 2 bedrooms and a shower room with toilet and wash basin, and a living area that is open plan with the recently refitted kitchen, both heated by a wood burning stove and with an air conditioner. Some additional facilities are outside on the back patio, including freezer and washing machine areas.

The plot is 400 sq metres, with an extra wide gate suitable for larger vehicles or caravans. The house has a small habitable turret and a solarium accessed via an outside spiral staircase. The urbanization has a large communal swimming pool and well-liked Taverna. Easy access to the adjacent motorway, and not far from Mazarron town centre.

The attractions to the investor are the terms and conditions we have negotiated with the seller. 

Risks and Rewards of buying an Equity Release Property

Rewards

  • Properties come with discounts of up to 50%. 

  • Terms can be very attractive to buyers. (low money down!)

  • Income is passive and investors earn while working a regular job.

  • If real estate values increase, the investment rises too. 

  • As there is no rental income generally, this deal is not subject to Spanish income tax.

  • The interest you pay, commissions, and costs on an investment property loan may be tax-deductible.

  • Real estate is a tangible physical asset. We expect big increases in property value over the years.

  • This is the perfect retirement plan, university savings plan, or just a solid investment.

Risks

  • Real estate is not a very liquid asset and takes time to sell. Investors can sell anytime but need to find an equally clever investor. 

  • Some investors may wait ten years for the keys to their new property. This is the trade-off for such a good price. 

  • Not all law offices understand how this works. 

  • A recession or drop in property prices can decrease income.

  • Entry and exit costs can be high, especially with an unqualified estate agent or an inexperienced lawyer. 

  • Even with no monthly income, a landlord still has to pay their financial expenses. (mortgage etc) 

  • You cannot live there, unless with a special agreement with the owner.


.

EPC

No EPC chart found

Virtual Tour

360°

Floorplan

Map

Street View

Brochure

{IMAGE1}

Information

Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer... of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

Property details


Key features

Contact us

  • Adam Cook
  • Director
  • Phone: 0034 727 787 41
  • Email: adam@spanishhomes.online

Contact us

  • Adam Cook
  • Director
  • Phone: 0034 727 787 41
  • Email: adam@spanishhomes.online

Share this property

Share this wonderful 2 beds 1 bath Villa/Detached House situated in Mazarron Country Club, 03189 on your favorite social media

Property added in the last 7 days

Search for the latest properties that have been added to the site in your area.

Property added in the last 7 days

Search for the latest properties that have been added to the site in your area.

Interested in this Villa/Detached House?

Mazarron Country Club, Mazzaron, 03189