Investment: Equity Release deal in Cabo Roig, Alicante. Residential Tabora, Cabo Roig, Alicante, Spain. Property for sale with 37.5% discount.
Distressed sale: A quick deal required
We have a seller looking for equity release, in exchange for a rent-free period of 5 years. (usufruct).
He will vacate the property after that time and you will have a property. You will have that property for 93,000 less than when it was bought off plan.
Details: A new, beautiful townhouse for sale within walking distance of the Cabo Roig Strip, 40 minutes drive to Alicante airport. South facing, with no neighbouring property in front, there is ample privacy. Ample too is the space inside the property with a basement, the perfect complement to the three bedrooms, two bathrooms, terraces and modern, bright new kitchen. The townhouse is located in the Tabora community, in Lomas de Cabo Roig, one of the most exciting new build properties to reach the market in many years.
This exceptional property is unmatched in terms of the offer we offer.
There is no property on the market that sells cheaper than this in the Tabora residential development.
This is not just a terrific property to live in but offers unprecedented rental potential and at this price a very large amount of upside when the new buyer (investor) eventually resells it. What we are not prepared to do is to make crazy offers to the owner – the price is what it is because of the 5 years he wishes to reside there!
We will charge you an additional 900 euro for the full notary service, relevant checks, utilities etc.
Interested clients have asked us if we can “reserve” the property until they are able to travel. Unfortunately, it’s as simple as this: The first person to view it, will buy it.
We’ve seen the purchase contract and we have the deeds in our office in La Zenia. Everything is perfect, full clean deeds, no mortgage, licence/planning issues nor debt.
More pics available on request. Virtual tour available. Only one property available at this price.