Sale and Leaseback
- Purchase Price: € 474,000
- Market Value: € 650,000
- Area: 148 m²
- Bedrooms: 3
- Bathrooms: 2
- Floors: 2
- Lot size: 532 m²
- Year built: 1981
- Guaranteed Rent: € 1,700
- Usufruct Period: For life
- ID: JJC0078
Fantastic investment! discount of approximately 30%.
Sale with Guaranteed Rent of this fantastic villa in Punta Chullera, Costa del Sol, Malaga.
The current owners, a 79 year old man and a 63 year old woman, will remain as tenants paying a monthly rent of 1.700€ which will be revalued annually according to the CPI. The market value of the property is 650.000€.
Once the sale has been formalised, the property expenses will be distributed as follows:
– The buyer (landlord) will start to assume the Real Estate Tax (IBI) and the building insurance.
– The seller (tenant) will continue to pay the contents insurance, the community fee and the utilities (electricity, water, etc.), whether individualised or not.
Description of the property:
A fantastic opportunity for a charming Punta ChuIlera villa in a large plot with beautiful views across the Mediterranean Sea to North Africa.
Punta Chullera is a peaceful urbanisation found between the traditional fishing villages of Torreguadiaro and Sabinillas and close to the picturesque marina at La Duquesa. Punta Chullera is a well established hillside community made up of mainly low level villas each taking advantage of the magnificent sea views. The urbanisation has recently had a new infrastructure put in place including new roads, water and electricity updates.
The area is noted for its beautiful all year-round climate. it’s wide selection of golf courses and it’s unspoiled Blue Flag beaches. is 15 minutes away. Marbella and Gibraltar 30 mins and Malaga Airport can be reached in under 1 hour.
The villa itself is in good condition and ready for immediate occupation.
The south facing property has a large, sunny lounge/dining room with a window overlooking the secluded private garden and beyond to the sea. There is a windowed terrace that takes advantage of the winter sunshine. This leads to the south facing sunny terrace that takes advantage of the beautiful views. The kitchen is fitted and equipped with a good sized utility room. There is a door leading to the back garden that includes a carport and storage shed. Also on the ground floor are two double bedrooms (one is current, used as a study) and a shower room.
Upstairs leads to the main bedroom complete with a dressing area and a full ensuite bathroom The bedroom also has a lovely view across the Mediterranean to North Africa
The villa sits in a south facing plot with mature gardens. There is ample space for a private swimming pool.
The villa has also benefited from a series of updates including a new roof, solar panels for heating and a new car port.
View on map / Neighborhood
- Solar Panels
- Storage Room
This property is located in is a Sale and Leaseback operation and has been listed on JJC Capital Partners. It is currently listed at € 474,000. It has 3 beds, 2 baths, and is 148 m². The property was built in the year 1981.