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Perfect Holiday Home

Costalita II Cancelada Bank Repossession

Perfect Holiday Home

Splendid 2 bed 2 bath apartment with views of Gibraltar in the much sought after urbanisation Costalita II 1 km from Estepona beach front. Priced to sell at 255,000€. Spacious ground floor property of 2 bedrooms and 2 bathrooms, one ensuite. Large separate kitchen which connects to the large sitting room through a serving hatch. The property is 110 m2. In addition, the property has fitted wardrobes and air conditioning. You also have a separate, private, storage facility for garden furniture, bikes etc. The development was constructed in 2003. It has the added bonus of hedges around the private garden making it feel self contained despite all the benefits of a maintained urbanisation.  Another plus, is that this area has a fantastic reputation on booking.com! A quick search COSTALITA 2 or COSTALITA II shows fully booked from April onwards.  The proximity to the beach and golf are marvellous incentives.

Location Near Estepona Beach

The urbanisation is on the eastern fringes of the municipality of Estepona, in Cancelada, Estepona. This is where the Estepona Golden Mile joins the Marbella Golden Mile. It is also near to all the amenities people look for on holiday. Supermarkets, restaurants etc.  In addition it’s not far from some of the famous hillside white villages. Including Casares – birth place of the famous Blas Infante which is half an hour away. The development itself is a safe, closed community. There are 2 gorgeous swimming pools and beautiful communal gardens to walk around at your leisure. The grounds and pool are maintained to a high standard, and it works out much cheaper than a villa’s maintenance costs for example. Plus, do not forget the added bonus of the private, hedged, garden where you can have barbecues, sun bathe on loungers or just sit at the table and enjoy al fresco living. After all, this is the Costa del Sol!

It is a small quiet complex set amongst tropical gardens with Pool and play area. Choice of beaches within 1km. The 6* Villa Paderena Hotel and world famous Flamingos golf club are 200 yds away. The 4* Occidental Estepona Thalasso & Spa hotel is adjacent to the complex. Large choice of Supermarkets and restaurants within walking distance. Puerto Banus is 6km, San Pedro 4km, Marbella 10km, and the old Spanish town of Estepona is 10km.
Underground parking and storage in the garage. Beautiful sub tropical gardens with water features and a dazzling swimming pool (including a small pool for young children, child’s swing and play area ), all completely enclosed.

You can walk to the beach in 20 minutes, the shops and restaurants in 10.

Investment – Year round rentals

The grounds are impecccably maintained and the outdoor pools are an added option if you don’t fancy a (very) short walk to the beach. There are several choices available if interested in this property. You can buy it to live in year round or just for holidays and with an eye on the short term rentals market to cover community of owners fees and your own holidays anywhere in the world! You could also offer it for long term rentals, but it is such a popular setting that it would be a shame not to maximise your own use of this wonderful ground floor apartment with private garden.

Preferential Financial Terms

This bank repossession has great opportunities to get up to a 100% mortgage – depending on if it will be your permanent home and on your own personal circumstances.

Community of Owners Fees TBC.

Hurry. This is already attracting interest.

Enough said. For only 255,000€ you have a very solid investment.

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Villa Near Valderrama Sotogrande Alto

Villa Near Valderrama Sotogrande Alto

SOLD!

Villa Sotogrande Alto near Valderrama

3 bed 3 bath villa in E zone near Valgrande and Valderrama. This property is for sale at a great price of only 490,000 €, well below the market price. Built on a double plot in a quiet area where you truly can get away from it all. The plot itself measures 2705 m2 and the property 202 m2. The back garden area is fenced off from the front garden and as such ideal for dog owners. The property consists of 2 floors. The hall way leads to the kitchen on the right and second right is a cloak room for guests. Straight ahead there is a hallway leading left to two of the three bedrooms and straight ahead into the brightly lit sitting room, complete with fireplace and to the right are French Windows leading to the garden. The dining room is is on a split level, up a couple of steps and divided from the sitting room by banisters. This room also has views out over the mature gardens and again, French Windows installed. The bedrooms on this floor share a bathroom. Upstairs is the main bedroom, with its own terrace and en suite bathroom.

Light Reforms Required

The property is well built and in a good state of repair but needs updating with a few minor reforms, including, perhaps, the addition of a swimming pool. The urbanisation of Sotogrande permits around a third of a plot of land to be built on in this zone. In this particular instance that would potentially allow another entire villa. Yet another advantage of this villa is that the property taxes on resale properties over 400,000 € are 10%. If you bought a plot of land by itself you would have to pay 21% tax and then begin building works.

Location Sotogrande Alto

Sotogrande is an up market urbanisation surrounded by golf courses and home to Polo. The demographics are medium to upper income bracket with many second homes. There is also a large expat community of people who live here part of the year for tax reasons or retire here. Sotogrande International School is 1 km from this property and is a successful independent school with excellent exam results for its pupils. Gibraltar is 20 minutes by car.

This is a real investment opportunity and not to be missed.

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Related Property

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San Roque Club 4 bed 4 bath Repo

San Roque Club distressed sale

SOLD!

Distressed sale – 100% finance for Purchase Price

Bids received. Property now available for 261,000 330,000 € or above.

Fantastic opportunity to own this independent property in the gated community of San Roque Club. A four bed, four bath townhouse with a front and back garden. Set on 3 floors with the top floor having a walk around terrace, half with pergola covered with heather thatch. The other half unprotected from the sun. The views from this roof terrace are gorgeous. This is a spacious house in a beautiful backdrop. It is on the market at only 259,000 €. 261,000 292,000 €. 330,000 € The surface area of the house is 240 m2, the porch is 44 m2 and the plot of land, inc garden is approximately 525 m2. The garden curves around the side of the house to the back and has beautiful mature trees and hedges along its border.

Back in the property, the hall way leads into the kitchen on the left that also has its own door into the garden. On this level, is also a lovely large sitting room with fireplace, guest bathroom and one bedroom next to the sitting room. All the downstair rooms have French Windows or back door out to the garden. The stairs up to the first floor have natural light coming in from the solarium. On this first floor are 3 double bedrooms. Each bedroom has its own ensuite and terrace, although one terrace is just ½ metre wide although it is long. The floor above has the solarium / roof terrace. This extends over the whole surface area.

100% Finance Option Available

This 4 bed 4 bath distressed sale is a bank repossession and also offers up to a 100% mortgage for the price of the property. (You would have to make a down payment of 10% of the total amount lent and it is of course dependent on an individual’s financial circumstances).

This first month (17 December until 16th January, 2  p.m.), the bank runs a private auction for all offers at or above asking price. After this month if no enquiries are received, the property stays at the asking price or above for a further 6 months. When that time period lapses, offers below asking price would be considered – but do not even think about waiting that long. This property is already attracting interest. This is now extended to 17th January at 2 p.m.

Some Light Reforms

The blinds to the property are damaged and all need fixing. It should be possible to do this quite easily without replacing them. This house has been closed up for quite a while and paint is peeling from above the skirting boards in some rooms. The kitchen requires an oven and hob plus white goods. The partition wall between car port and garden is cracked and needs rendering work done. In our opinion, the low asking price easily covers the inconvenience of attending to these items.

Old Golf Course

The old Golf Course is 6.508 metres, and a Par 72. It is reserved for members only except for the daily public periods when the general public can make use of these wonderful fairways for a premium rate of 160€ per green fee.

Situated at the foothills of the Sierra Bermeja, where the mountains meet the sea, it is a legendary home for European golf Created in 1990. Designed by Dave Thomas with bunkers redesigned by Seve ballesteros, The Old Course is rated amongst the finest in Europe.

Art and Culture Lectures

The San Roque Club also hosts lectures organised by The Arts Society De La Frontera where experts entertain with anecdotes and images on a wide range of subjects, from famous artists to Andalusia and its Golden Age. Lectures last for about an hour and the entrance price includes an after lecture glass of wine and opportunity to get to know fellow attendees.

Register your interest now

Do not miss this incredible opportunity to buy a property of four bedrooms, four bathrooms with low community of owners fees on an exclusive urbanisation. IBI (Council Tax) approx 850 € per year. Community of Owners’ fees 67 € per month.

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Sotogrande Marina rent to buy

Sotogrande Marina 2 bed for sale

Reduced to 285,000€ – View now!

Sotogrande Marina 2 bed 2 bath

Buy a going concern rental business. Reduced by 30,000€ for quick 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. [icon name=”smile-o” class=”” unprefixed_class=””] However, in today’s market what is also offered here is a short to medium term investment. The location and views will always make this property desirable. This means when the time comes for you to sell, this 2 bed 2 bath unit should provide a rewarding return on capital. No-one can ever guarantee the future and buying property is always a form of speculation, but we believe there is a healthy profit if you wait 3 – 7 years. Certainly, a far better return than a bank savings account. Meanwhile, you benefit from a successful holiday rentals business. The current owner needs to liquify some of his assets and is consolidating his portfolio to do so. For this reason the property is being offered for sale by a motivated seller.

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 900 – 1200 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

Make no mistake, properties 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 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. The above reasons help explain the guaranteed repeat clientele who choose to holiday at these apartments year after year. Seldom does an established business like this go onto the market without factoring a premium for the going concern that is also being sold as part of the offer. This business proposition is being handed to you on a silver plate, sold fully furnished.

Below Market Value – Established Holiday Lettings Business

Priced to sell at below market value with established holiday lettings business by motivated seller. Premium free. Phew. Seriously, don’t miss out on this exceptional opportunity. Total Property Fees, inc 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? Remember, you’ve just saved 30,000€.

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SA905

Sotogrande Alto 4 Bed Detached Villa

REDUCED FROM 905,000 to 850,000€

Sotogrande Alto 4 Bed Detached Villa

This Sotogrande Alto, 4 bed, 3 bath, detached villa is on the market for 850,000 €, reduced from over a million originally and then from 905,000. The owners live in the UK and now tend to holiday in their property in Portugal and have, thus, decided to sell.  It offers fantastic, uninterrupted views and wonderful privacy. The pool is centre piece in this garden which overlooks the valley which leads to the sea below. South facing with gazebo and pergolas plus loggia.

Room to Build – up to 230 m2 more

Room to build as only 280 m2 of this 2,042 m2 plot is built on. As such, it is an outstanding investment opportunity as planning laws allow a quarter of the plot to be used for construction. That is right, you can build on up to 510 m2 and just over half of that is currently exploited. In some sub sectors permittable build area rises to a third of plot and it may be the case here but that would have to be checked.

There is an electric gate separating the property from the road. It is operated by remote control, and the short driveway brings you to the main entrance and also to the garage which can be accessed by zapper. It is a large garage where you can enter into the kitchen via a service door if carrying heavy groceries. The large sitting room looks out onto the garden and also has a charming fireplace as a cosy focal point on cold days. There are 2 bedrooms downstairs plus sauna as well as a small inner courtyard. Upstairs has one more bedroom and there is an independent room off from the pool and garden.

Location

Located in the ‘F’ zone, close to Sotogrande International School and Almenara golf course. It is also within easy reach of Valderrama, as well as being conveniently located for both the shops and coastal attractions such as polo, sailing, restaurants in Sotogrande Port and, of course, the beach.

To sum up, this Sotogrande Alto 4 bed detached Villa is on the market at a great price and has the outstanding advantage of land to build on as well as a villa in situ and guest quarters. Don’t miss out!

This property is also available to rent for 2,900€ per month. More details here

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Resale Bank Repo Guadiaro

Guadiaro 5 bed 3 bath Bank Repo

Bank Repossession Guadiaro

Resale Bank Repossession in Guadiaro Village priced to sell. These are 2 properties on the same title deeds. The main house offers 4 bedrooms, a separate sitting room with independent kitchen and 2 bathrooms. The other property has 1 large bedroom and a bathroom plus separate sitting room and independent kitchen. Both properties are constructed on 2 floors and the four bed, 2 bath has a roof terrace that can easily be reformed into a beautiful roof garden. The terrace is tiered into an upper and lower area with sea views over Sotogrande Marina and out over the East towards a lovely protected zone of  green fields. This is a great opportunity to be in a sought after location and yet enjoy affordable housing. The roof terrace could be levelled by raising the lower part and having done which is about 50 m2. So although there’s no garden, there is a way of having one on the roof.

Wild Card Purchase

This is an interesting proposal, essentially two properties for the price of one. The guest townhouse is completely independent and is of a large size, but needs reforms. You wouldn’t have to do much, no rewiring for example, however it is pretty basic accommodation as is. A lick of paint, modern kitchen units and perhaps join the property to the one it backs onto in the next street and when friends and family come to stay they can have their own space. Another possibility is to live in the one bed in the summer months and rent out the four bed when rents are sky high. Always good to have options.

This bank repossession in Guadiaro village is near to Sotogrande, Pueblo Nuevo, La Cañada Public Golf Course, supermarkets and shopping malls. Many locals in the area around Sotogrande, Pueblo Nuevo and Guadiaro use Supercor for fish, meat and wines then nip next door to Mercadona for the rest of the shopping.

Location Guadiaro Village

Guadiaro Village is a traditional village surrounded by countryside and yet very near to Pueblo Nuevo and Sotogrande. A great location for commutes to Gibraltar or Algeciras. This location has the added attraction of the amenities in Sotogrande, the golf courses and Paddel courts plus, of course, the world famous polo. These village townhouses have a timeless quality about them and it is rare to get a repossession in this village with the added benefit of a potential 100% mortgage if to be used as your main residence. The beach is basically on the other side of the A7 and is 10 minutes by car. It is the same distance to Sotogrande port and to the Polo and Paddel. Guadiaro has some terrific tapas bars that are very keenly priced. The neighbouring village of Pueblo Nuevo is within walking distance and should you get bored of Guadiaro you can try restaurants here, too. Very near to all major amenities from notary (Pueblo Nuevo) to pharmacy, schools, hardware stores, plumbers, etc. Great price of 152,000 €

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