Semi-detached villa in El Verger
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
*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 The offer can be modified or withdrawn without prior notice.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.