Villa in Urb. Entre Naranjos, Orihuela, Alicante

€ 89,900

Calle Albaricoquero, 2, Orihuela, Spain
  • Discount: 40%
  • Purchase Price: € 89,900
  • Market Value: € 160,000
  • Area: 118 m²
  • Bedrooms: 3
  • Bathrooms: 2
  • Floors: 2
  • Year built: 2007
  • Guaranteed Rent: € 395
  • ID: JJC0024

Description

Fantastic investment, SALE AND LEASE BACK of this excellent detached villa in Urbanización Entre Naranjos, Laguna Green 1, 03313 ORIHUELA (ALICANTE). The current owners, a 77 year old man and a 82 years old woman, will remain as a tenants paying a rent of 395€ per month which will be revalued annually according to the CPI. The market value of the property is 160.000€.

Once the sale has been formalised, the costs of the property will be distributed as follows:

  • The buyer (landlord) will start to assume the Real Estate Tax (IBI) and the insurance of the building.
  • The seller (tenant) will continue to assume the maintenance costs of the property, the utilities, the contents insurance and the community fees.

 

The property:

The property is entered through a black metal electronic gate and is surrounded by a brick wall.  There is a small pretty garden with outside tap.

There are 3 steps up to attractive patio surrounded by balustrades and also with sun blind.

Metal grids cover all doors and windows for extra safety precautions.

The layout inside is open plan and consists of dining room and has a wood burner with fire surround.

The dining area has french windows.

Kitchen well fitted with white goods and units. There are 5 electric points and has a back door leading into service area which houses washing machine, tumble dryer and electric boiler.

Bedroom 1.

1.35m x 1,05m plus window, fitted wardrobes and air conditioning units and has 3 electric sockets and en-suite 0.66×0.96 with hand wash basin, toilet and shower.

Bedroom 2.

1.43 x 1,10 with window, fitted wardrobes, air conditioning unit and ceiling fan.

Bedroom 3

1.42 x 1,06 plus fitted units and window.

Outside back there are 19 steps leading to very large solarium.  Part of this is covered by tiled roof which is open sided.  There is a security wall all around the solarium.  Also a water tap on the wall.

Family bathroom:

Has shower over bath, bidet and wash basin.

The property is a 35 minute drive from Alicante airport one way and  Murcia airport the other way.

There are varioux glorious beaches within easy distances from 15 minutes to Torrevieja, Playa Flamenca, Guardamar and other beaches.  Wonderful golf club on site.

View on map / Neighborhood

Features

Features:
  • garden

This property is located in is a operation and has been listed on JJC Capital Partners. It is currently listed at € 89,900. It has 3 beds, 2 baths, and is 118 m². The property was built in the year 2007.