Terraced House in Algorfa, Alicante

€ 70,000

Montebello, Spain
  • Discount: 55%
  • Purchase Price: € 70,000
  • Market Value: € 160,000
  • Area: 93 m²
  • Bedrooms: 3
  • Bathrooms: 2
  • Floors: 2
  • Lot size: 114 m²
  • Year built: 2000
  • Usufruct Period: For life
  • ID: JJC0115


Fantastic investment! Discount of approximately 55%.

For sale is the BARE OWNERSHIP of this fantastic villa in Algorfa (Alicante). The current owners, a married couple aged 85 and 82, reserve the right to use and enjoy the property for the rest of their lives. The property has a market value of 160.000€.

Payment plan: Down payment of 40.000€ and a monthly annuity of 500€/month.

NOTE: The purchase price indicated in the advert has been calculated taking into account the life expectancy of the youngest of the current owners, which is 5 years.

Description of the property

This beautiful villa has a porch at the entrance, right next to a parking area for one vehicle.

The living-dining room is spacious and bright, and is partially connected to the open plan kitchen with breakfast bar and fully equipped. This kitchen has access to a laundry area.

It has a total of 3 good sized bedrooms with fitted wardrobes and two complete bathrooms with shower.

The cosy terrace on the upper floor is ideal to enjoy the good weather in the area, with enough space for a table and chairs.

The property has air conditioning and also has a fantastic communal swimming pool.

Located in the urbanisation of Montebello, Algorfa. In this urbanization you will find bars and restaurants, and only 2 minutes away, in Ciudad Quesada, you will find all the services such as supermarkets, pharmacies, banks, shops, medical centre, and much more. The beaches of Guardamar are only 10 minutes away and Alicante airport is only 30 minutes away.

View on map / Neighborhood


  • Air conditioner
  • Communal Pools
  • parking
  • Terrace

This property is located in Montebello is a operation and has been listed on JJC Capital Partners. It is currently listed at € 70,000. It has 3 beds, 2 baths, and is 93 m². The property was built in the year 2000.