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Communal Pool

Istan 3 bed

Istan Townhouse 3 bed

Istan 3 bed 2 bath and WC

Great opportunity to buy a family home in beautiful Istan. This terraced town house, built 2001, is in an urbanisation which has communal areas and pool. The property is built on 2 floors with family living area, dining room, sitting room and kitchen / laundry area plus guest WC on the ground floor. 3 double bedrooms are on the first floor with 2 full bathrooms and terrace with lovely views..  This is an ideal property for young families as the patio and private garden leads straight out via your own private door to the communal pool and play areas.

Bank Repossession

This is a bank repossession which means depending on your personal circumstances you could get up to 100% mortgage. Please remember you will always need to put down approximately 10 – 12% in cash for taxes, land registry, notary and legal fees. The result will be ownership of a beautiful family home. For the first few months the bank is looking for bids above asking price which could mean the final price is above listed price. On the other hand, if they don’t get those bids they may accept bids lower than asking price. But be prepared!

Light Reforms recommended

The property is a little tired and could benefit from a light makeover but you can definitely live in the property while doing this.

Location Istan

Situated at the lower end of Istan near the Concepcion Reservoir, this family home is ideally located to feel both connected with the buzz of the coast and to be close to the beautiful fauna and flora of El Coto. Surrounded by mountain views and rambling and cycling routes, Istan attracts walkers, bird watchers and those seeking to disconnect from the pleasures and pursuits of the beaches and clubs around Puerto Banus and Marbella. The beaches are 15 minutes away by car.

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Bahia de las Rocas Manilva 2 bed 2 bath

Fantastic Price 2 Bed Las Garzas

2 bed Bahia de las Rocas, Bank Repo

Great opportunity to purchase a bank repossession at a very affordable 155,000€. This 2 bed 2 bath has mountain views and is a short car drive from the popular beach resorts of Casares beach and Sotogrande / Torreguadiaro.

Modern Urbanisation – Las Garzas

Built in 2006, it is well finished and with a good sized terrace for outdoor meals and sunbathing. The apartment measures 114m2 of which 92 m2 are useable. There is also a lift. Marble flooring throughout the apartment, air conditioning, a stylish kitchen, 2 decent sized bathrooms and an expansive sitting room/dining room. The urbanisation also has a communal pool and the apartment has dedicated parking and storage cupboard in the parking area.

Fabulous Location

Located close to Gibraltar, Sotogrande and Estepona, this property is ideal for a second home and also to rent out to holiday makers on booking.com or AirBnB,  Vrbo etc. The urbanisation is called Las Garzas. Cala la Sardina is a sweeping bay with small dunes and a great beach bar. It is a blue flag beach and the closest beach to the urbanisation.

Golf Courses Abound

There are also a plethora of golf courses in the area, both public and private. La Cañada and Estepona are modestly priced public courses and you can also visit Valderrama, Sotogrande Royal Club, San Roque golf … the list goes on and on.

Costs – Modest Outgoings

The community of Owners fees are around 2,300 € a year. Council tax (IBI) to be confirmed but probably around 400 € a year. The Energy certificate has a D rating – most are E so it is more energy saving than the average. Modest Outgoings for the location. The area is always popular with holiday makers. It is also commutable for Gibraltar so can also attract long term rentals. Malaga and Gibraltar airports near.

This home is attracting a lot of attention and as a bank repossession it can offer very favourable mortgage terms and up to 80% for Spanish domiciled residents. Contact us now to view.

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Sotogrande Marina rent to buy

Sotogrande Marina 2 bed for sale

Sotogrande Marina 2 bed 2 bath

Property Withdrawn from Sale

A well placed 2 bed 2 bath property in Sotogrande Marina. Commanding views of Sotogrande Marina and its waterways. Well designed and perfect as permanent residence or second home. It comes with fitted wardrobes and fully fitted kitchen. There is also a possibility of a berth at which to moor your boat and admire it from your large terrace.  Property includes underground parking and storage room. Naturally, you as Buyer do not pay commissions.

Excellent Rentals Portfolio

It could be that you are thinking to add to your rentals portfolio. The current owner benefits from over 60% occupancy rates and generated 18,000 euros gross last year from this property. The same management team could continue to run the business which would make it all quite painless. The managing agents have many returning clientele amassed over 35 years of business in the area and have worked in partnership with the current owner for about five years. During this time, rentals have risen steadily.

There is also a very good opportunity to rent long term. The principal market here is people working in Gibraltar and you could expect to achieve 950 – 1,200 –  euros a month per apartment in today’s climate or continue to offer short term rentals with extra possibility of using as second home.

Exceptional Opportunity

Rental yields in Sotogrande have started going up in price again. There has never been a better time since the Crisis to further augment your portfolio or simply buy yourself a quality apartment in a wonderful location. Near Polo and Padel courts, too.

The building benefits from communal gardens and communal, outside, pool. In addition, this apartment has its own underground parking bay and storage. These storage facilities are lockable and of a sufficient size to store bicycles, garden furniture and the like.

Quality Location with Expansive Views

Views from the terraces are amongst the best in the Marina, situated as they are in Ribera del Pez Luna. South facing expansive views up and down the Waterways – a 180º panorama. This quality location is also ideal for walks along the river or Polo fields – with or without a dog. In fact, everything is within walking distance – from restaurants at Ribera del Marlin or the port, to fantastic beach bars 10 minutes east and west of the apartment and even the padel club is only five minutes away. Supermarkets deliver and orders can be placed online or drive there direct; they are very near.  This business proposition is being handed to you on a silver plate.

Costs

Total Property Fees, inc non resident income taxes per year, 3,822 € ( IBI and community fees, macro and building, plus taxes for owning the property -Non resident wealth tax).

Why not make an appointment to view?

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3 bed 1 bath Bank repo San Roque

San Roque 3 Bed Bank Repo

Bank Repossession San Roque City Centre

Ground Floor in lovely urbanisation which has communal swimming pool and shared gardens. The property consists of 3 bedrooms, a bathroom, separate kitchen and dining/sitting room. In addition there is a storage room also included on the Title Deeds.

Size and Age of the Property

The residential block was built in 1986. The apartment has a constructed surface area of 83 m2 of which 69 m2 are useable.

Location in San Roque

The property is well located in the centre of the city, very near the municipal swimming pool and close to shops, notary, restaurants and parks.

Bank Repossession

This is listed as a bank repossession and comes with all the advantages of being one, but is actually still owned by someone who is a motivated seller. To help him, the bank has taken this onto their books to help him reach a wider market. It also comes with the possibility of a higher potential mortgage – dependent on personal circumstances.

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Bel Air Estepona 187

Bel Air Urb 3 bed 2 bath

Bel Air 3 Bed

Great opportunity to add to a rentals portfolio or for a holiday home. This 3 bed 2 bath town house is on 2 floors. The sitting room has a fireplace and there are fitted wardrobes throughout. The kitchen is off from the sitting room. There is also a terrace and small private garden. The property is 110 m2. It also benefits from well maintained communal gardens and communal pool.

Bel Air Urbanisation

The Urbanisation is between Estepona and San Pedro with Malaga or Gibraltar airports to choose from. There is an English butcher nearby that does scotch eggs and sausages. Perfect zone for British holidaymakers and also popular to live here year round with its quick access to the A7.

Location

This is a popular area for holidaymakers being close to Puerto Banus and Marbella as well as to the thriving town of Estepona. There are local stores and restaurants and the sea and chiringuitos (beach bars) are a short drive away. There is off road parking and a well run Community of Owners.

Bank Repossession

It is possible to get up to an 80% mortgage for Spanish residents and 70% for non residents depending on financial circumstances of the individual.

The estate was built in 1980 and has always been popular. This property is attracting a lot of interest and is located close to the Tennis and Padel club.

If you’re looking for somewhere smaller, try this 2 bed 1 bath in Manilva

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Mar275 near beach

3 bed Town Centre Marbella

Bank Repossession Town Centre Marbella

This west facing 3 bed apartment is in a prime location. Situated on the ninth floor, it has views of the sea and the mountains. What is more, you can obtain a 100% mortgage to buy it. Plus, the beach is a stone’s throw away.

3 Bed Property 275,000€

Three double bedrooms, 1 bath room, 1 cloakroom, separate kitchen with eating area. Large 30 m2 sitting room which leads out onto a 9m2 terrace. This is a large, bright and airy apartment of 121 m2. It also has dedicated underground parking and storage facility. In addition the community of owners benefits from communal pool and gardens. Built 2003.

Second Line Beach and CBD Marbella

Ideal location for access to the old town on foot. Also, walking distance to the beach and La Bajadilla Marina (150m). There are a plethora of restauarants from Mexican, pizzerias, and bistros and all are close to hand. Should you wish to swim off season, the public swimming pool is also nearby. There are 2 private hospitals, a fitness centre, and an esplanade for some old fashioned exercise. Calle Ricardo Soriana is a bike ride away. Just what you would expect from being in a town centre. All amenities including schools and supermarkets are on your doorstep. Also, with your own private car parking place you never have to search for a parking spot on public roads. Nor pay car park prices. The May feria is celebrated around the old quarter and the Alameda Park. And guess what? Yes. All close by.

Bank Property 100% Finance Option

Subject to criteria, you can get a 100% mortgage to buy this property. You would need savings of approximately 12% to cover taxes (8%), Notary (1%) and Land Registry Fees (1%) plus incidental expenses incurred. All in all, a great opportunity. Either with or without the mortgage option, this is a very interesting property. Don’t miss out on having your finger on the pulse in this stylish town.

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