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Paseo Del Mar, Adalucia, 11310

Apartment - For sale
Sale and Leaseback agreement. Sotogrande, Spain.
€56,000 ( PW)

Highlights

Address:

Paseo Del Mar, Adalucia, 11310

Price:
€56,000 ( PW)
Property type:

Apartment - For sale

Reference:

ERS021


Property description

Paseo Del Mar,Sotogrande.
Sale of the Property for 56.000€.
In exchange for a discount price of approximately 25%, the buyer will give the tenant a long-term rental agreement. 
The owner will remain living in the property for as long as she wishes on a
rental basis paying a discounted rent of €300 pcm.

The minimum rent period is 5 years. If for any reason she decides to leave the house before 5 years, she will agree to pay a penalty of one month's rent for every
year not consumed.
The property is a garden studio on the beach in Sotogrande built in 1980.


The apt block was built in the oldest part of Sotogrande and probably the most sought-after part.

It’s 20 meters from the access to the beach, which has two chiringuitos (
beach bars) one called Gigis and the other la Brisa. It is a popular Spanish home to the people from Madrid who come down for the month of August. Weekly rent is in the region of 500/550e in July and in August 650e.

It has the most beautiful manicured communal gardens, which are looked after on a daily basis.
The community fees are 104e annually.
This studio is 30 meters square, with one room where there is a bed and a sofa, a small kitchenette, and a shower room. It faces East, so you get the morning sun, and is cool in the heat of the summer months and oddly never really cold in the winter.
The location really is the selling point. Our buyer can be on the beach in 30 seconds, walk through beautiful gardens, or you may wish to take a water taxi into the other marina.
Sotogrande, the "Palm Springs of Europe is the largest privately owned residential development in Andalusia. In 2006, The Times newspaper featured Sotogrande as having the most expensive homes in Europe.
The course was home to the Ryder cup in the famous Valderrama Golf club back in 1997. 
There are a number of artificial lakes and the San Roque course is just as attractive as the previously mentioned Valderama. The port was established in 1988.
This development is located in the municipality of San Roque.  Size-wise, it is composed of a 25-square-kilometer boarding the Mediterranean sea and it stretches from the Rock of Gibraltar to the foothills of Sierra Almenara. It is unlikely you will find a more picturesque region to live in all of Spain. 
It also has two tennis and padel clubs. The apartment is also a 2-minute walk to the Octogano padely tennis club and the Octogano beach club.


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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.

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Contact us

  • Abbie
  • Phone: 0034 727 787 41
  • Email: hello@spanishhomes.online

Contact us

  • Abbie
  • Phone: 0034 727 787 41
  • Email: hello@spanishhomes.online

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Paseo Del Mar, Adalucia, 11310