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Pinar De Campoverde, Pilar de la Horadada, 03192

Villa/Detached House - For sale
Investment opportunity. Our seller, a 74-year-old lady has lived here for 18 years and will continue to do so after the deal is complete. Double-digit returns for the investor. Three bedrooms, large semi-detached, terrific location, and great value. Investment opportunity. Our seller, a 74-year-old lady has lived here for 18 years and will continue to do so after the deal is complete. Double-digit returns for the investor. Three bedrooms, large semi-detached, terrific location, and great value. we can structure the perfect deal to suit the buyer and our client, the property owner.
€80,000 ( PW)

Highlights

Address:

Pinar De Campoverde, Pilar de la Horadada, 03192

Price:
€80,000 ( PW)
Property type:

Villa/Detached House - For sale

Reference:

ERS011


Property description

Pinar De Campoverde, Pilar de la Horadada, Alicante, Spain.

Investment opportunity.

Our 74-year seller is looking to release some equity from her Spanish
home.

The value of the property is approximately 140,000. We are currently
marketing it for 82,000 euros. In exchange for the discount, the seller
assumes the right to live in this home until such time as she either
passes away or moves into full-time state care.

The owner has informed us of some medical issues that we can speak about
in private.

 From an investment point of view, the owner is willing to listen to
terms. An offer of, for example, a 50% downpayment, plus the balance
over a longer period of time will be of interest to her.

We will help broker the deal in such a way that both buyer and seller
achieve exactly what they are looking for.

Costs for the buyer will be normal conveyancing fees (around 1,500
euros) plus relevant taxes, notary costs, etc.

The property is debt and mortgage free, as confirmed to us by our legal
department.
The property is a large, three-bedroom, two-bedroom home. A fourth
bedroom can be added thanks to the amount of space available.

The large underbuild provides lots of options for games rooms,
additional bedrooms, office space etc.

This is a corner plot, again adding to the feeling of space in this
semi-detached property. There is onsite parking which is a plus if the
investor intends to rent it to golfers or families in the future. Our
client will continue to maintain it to the high standard she has done so
for many years.

Pinar de Campoverde is a village of 3,000 residents. You’ll find this
vibrant, multicultural town located in the southernmost quarter of the
Alicante province close to the Murcia border. Corvera airport is 30
minutes drive, and Alicante is around 45 minutes.  The country location,
at the foot of the Sierra de Escalona mountain range, provides stunning
terrain. The walks, hikes, dry rivers, horse trails, and golf courses in
the region (especially the famous Lo Romero Golf course just a few km
away) are special with many people flooding the region every weekend to
take full advantage of the wonderful area.  Pinar de Campoverde is
situated just 10 km from the Mediterranean coast. The beaches are as
special as you’d expect in this part of the Spanish tourist region.
Pinar comes under the administrative control of the municipality of
Pilar de la Horadada, the nearest Spanish town with its sports
facilities, shopping, banking, and more.


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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

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Pinar De Campoverde, Pilar de la Horadada, 03192