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Semi-detached villa in El Verger

Ref. SHD1894
350.000€

Investment opportunity - Beautiful semi-detached villa in El Verger

Distributed in 3 bedrooms with fitted wardrobes, 2 bathrooms, an open plan living-dining room, kitchen, a covered pool-side terrace and a large roof-top terrace with magnificent vews, and private garden and pool.

It includes: solar pool heating, electrical air conditioning and heating, all appliances, electric fireplace and satellite dish.

The property is sold to be rented back to the current owners at 1,025 euros/month for the 1st year with a 2% annual increase per year. Guaranteed stay for a minimum period of 3 years.

The monthly rent translates to a simple annual return of 8.5% at the listed price, with a down payment of 20%, a cash-flow positive mortgage at 1.5% and amortization of 30 years.  The return is based on a 5 year investment horizon with no increase in real estate prices.

The seller requires a Purchase Option Contract with the 20% down payment as deposit and the sale will take place at the end of September 2022

Type:
chalet
Town:
The Verger
Plot size:
350 m²
Build size:
115 m²
Terrace:
58 m²
Bedrooms:
3
Bathrooms:
2
Kitchen:
Equipped
Heating:
air conditioning
Pool:
Private swimming pool
Air conditioning:
with air conditioning
Furniture:
furnished
Open terrace:
Yes
Parking:
Yes
Furnished:
Yes
Fireplace:
Yes
Sat/TV:
Yes
Fenced/Walled garden:
Yes
Storeys:
1
Construction type:
Modern
Garden:
Yes
Diaphanous distribution:
Yes
Building homes use only:
Yes
Exterior:
Yes

*This information is subject to errors and is not part of any contract. The offer can be modified or withdrawn without prior notice. The price does not include the costs of the purchase.

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