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Bank repo Algeciras La Granja

3 bed 2 bath Repo Algeciras La Granja

La Granja 3 Bed 2 Bath

This third floor apartment is available now. As a bank repossession, it has the possibility of obtaining a 100 percent mortgage. With 3 bedrooms and 2 bathrooms this property is an ideal family home in a good area of La Granja – Avda Bellavista. This multi rise apartment block has an elevator to connect all floors. There is a good sized sitting room and an independent kitchen with good quality fitted units.

Location

Close to all community amenities and  a short car ride from the popular beach area. It also offers good access to arterial roads for convenient transportation to, from and around Algeciras.

Year of Construction

Built in 1999, the rooms are a good size. The total square metreage is 105 of which 87 m2 are classified as available space. As such, and with all rooms having an exterior outlook, this is an interesting opportunity.

Bank Repossession

Subject to personal circumstances, the bank may be prepared to lend up to 100 % against this property. Please bear in mind that taxes and other conveyancing costs are never included and as such a minimum of 10 – 15% of title deed price will be needed in addition.

Property Ladder

It isn’t always easy to get onto the property ladder, but with this family home such a dream is achievable. The advantage of a bank repossession is the bank can afford to lend that bit more and if you are a resident for tax purposes and fulfil the financial requirements they could offer you up to 100% of the Title Deed price.

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Bank repo Algeciras La Granja

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Marina Property Fully Furnished

Sotogrande Marina 2 bed for sale

Property now sold.

Sotogrande Marina 2 bed 2 bath

exclusive sale – all furniture included

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 available now at a terrific price. It comes with garage and storage. There is also a possibility of a berth at which to moor your boat and admire it from your large terrace.  Second floor property with commanding views east and west of waterways and out to the open sea.  Naturally, you as Buyer do not pay commissions. But hurry. This property is sold as a turnkey property, everything included and of a high standard. The only thing you need is the key – and your toothbrush.

Excellent Rentals Portfolio

It could be that you are thinking to add to your rentals portfolio. The current owner already has 13,000€ of bookings in place – some from holidaymakers who have come and gone, others that can be cancelled on sale or assigned to you. 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 11 years of business in the area and have worked in partnership with the current owner for about 8 years. Rentals have risen steadily over the time of COVID until now and continue to look buoyant.

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 minimum 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 Location

Simply buy yourself a quality apartment in a wonderful location. Walking distance to everywhere. Octogano beach club, Padel courts and river heading west. Polo fields just behind the apartment. Restaurants at Ribera del Marlin or the port heading east all 10-20 minutes walking.

The building benefits from communal gardens and communal, small outside pool. In addition, as mentioned, 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.

Low Costs

Total Property Fees, under 4,000 € per year. (IBI and community fees to community of owners and macro fees to the urbanisation). Air conditioning units throughout, (hot and cold air)

Why not make an appointment to view? Check out the virtual tour here.

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San Felipe La Linea

San Felipe La Linea 3 bed 2 bath

Property now sold

La Linea San Felipe 3 bed 2 bath Close to Border

A great opportunity to buy a well located apartment with parking. This 3 bed 2 bath was once a 4 bed but the previous owners changed a bedroom into a dining room making it a much more comfortable property. The sitting room has an area with a bureau used as a study zone and it also benefits from Sevilla tiles in a bay window area and views straight across to Gibraltar and beyond.

Layout of the Apartment

The front door opens into a passage way with kitchen, 2 bedrooms, full bathroom and dining room to the right and third bedroom, shower room and sitting room straight ahead. Imagine a horse shoe shape and it is easier to visualise. All rooms are exterior with natural light except for the bathrooms. One of the 3 bedrooms is currently used as a store room, This room is a double, as is the one next to it, both of which share the full bathroom adjacent to them. The third bedroom could take a 110 cm bed but is best described as a single.

Location

It is literally a stone’s throw from the border with Gibraltar. As such, it is ideal for those of you who work there or have business there which necessitates frequent visits. It is in such a fine location that it may also interest you as an investment for your Rentals Portfolio. Naturally, being so near the airport it will always attract people looking to stay overnight or a few days, tops. AirBnB, Booking.com and Trip Adviser are still buoyant despite the pandemic. In truth, business sets its own pulse. Equally and for the same business pragmatism, it is attractive as a long term let option for your portfolio. Take a look at hotels in La Linea close to Gibraltar to see their popularity. This property is attractive to let either on a shared house basis or the whole apartment. In addition, the communal areas are well maintained. The town centre is ten minutes away, the bus station 5 minutes away, post office and banks are all close by.

Right to Parking Bay in Garage

This property has a parking bay in the basement area of the building. It is bay No. 41. All car owners who live here are not lucky enough to have dedicated parking. A lottery was held and owners allocated bays if their number was chosen. This is a private contract with the community of owners which is assigned on sale of the property. The cost is 45 EUR per month. This is such a great feature.

Costs

The Council Tax is around 450 EUR per year and community of owners fees are low. This is a singular opportunity. Contact us to view now. Oh and did we mention the owner bought it for much more?

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SPA68 3 bed flat San Pablo

San Pablo 3 bed apartment

San Pablo de Buceite Apartment

For Sale. This 3 bed, 1 bath apartment has never been lived in. Bought as an investment at the height of the property market. The owners are now divesting and offering it for far less than they paid. There is a lift and also a staircase leading to this second floor property. The front is west facing – onto the street. Consists of all exterior rooms – except the bathroom. The sitting – dining room is large, sunny and bright and the 3 bedrooms are doubles. Neither the bathroom nor kitchen has any fixtures or fittings. There are preinstalled air conditioning vents throughout. Brand new property, never lived in. New properties attract 10% Property Tax. Resales only 8%, so you save 2% tax but will be the first to live there.

In addition, there is an underground parking place, N0. 18, measuring 26 m2 of which 14.5 m2 is usable.

IBI is approximately 200€ per annum and the Community of Owners fees approximately 310€ per annum.

Location San Pablo de Buceite

This is a small, friendly village where mainly Spanish is spoken. Nestled between Gaucin and Jimena de la Frontera. A typical white village of relatively modern creation – stemming back to the last half of twentieth century. Each Christmas the villagers recycle plastic bottles and create a christmas tree and decorations that looks lovely and attempts to make something positive from the plastic crisis. The property is ideally located within walking distance of everything from health centre and pharmacy to supermarket and primary school for family and near cafes and bars for socialising. The church is also within walking distance.

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Sanlucar 3 bed repo

Sanlucar Bank Repo 3 Beds

Property now Sold

Bank Owned Apartment

This 3 bed, first floor apartment is on the market for 122,500 € and is an inviting investment opportunity. The property consists of 3 bedrooms, 2 balconies, a sitting room and separate kitchen. There are fitted wardrobes throughout and the price includes an underground parking space. There is one bathroom and an additional cloakroom which could be converted into a shower room. The total surface area of the property is 94 m2 and the energy certificate is a rating of ‘E’ as seems to be standard for properties constructed in 2005. The building benefits from a lift, exterior facing rooms and underground parking.

Great Price – 122,500 €

A popular holiday resort famous for its horse racing event on the beach and opposite the famous Doñana Natural Park. It is possible to catch a ferry across from the Playa Bajo de Guia – some with day trips where you get to walk around the park and then back to Sanlucar to enjoy splendid tapas. This property is about 2 km from the beach area, situated in the upper part of the town known as Barrio Alto.

Location – Sanlucar  de Barrameda

All tourist sites mention Sanlucar. It has a rich history that stretches back to Roman times. It was also popular with Royals and the town hall is a must-see; a nineteenth century palace with beautiful craftsmanship and a fabulous garden. There is a real abundance of things to do here. Part of the Sherry triangle, it is famous for its Manzanilla sherries and guided tours of the wine cellars are de rigueur. It is also on the hugely important bird migratory route and very popular with birders. Many restaurateurs also come here from all along the coast to buy the famous Sanlucar de Barrameda prawns fresh off the boats. Another name dropping example: Columbus’ third voyage in 1498 set off from here. In short, a town with rich tourism potential.

Preferential Financial terms

As you would expect, this bank repossession can be offered with up to a 100% mortgage – depending on your personal circumstances. The amount lent will never include taxes and other purchase expenses so always allow an extra 10 – 12% on top.

Summer Rentals

There is an all year round rentals market. There tend to be three main offerings: long term rentals; nine month lets then lucrative lets in the summer season; and finally short term lets all year round. You can have this as a second home and let it out when not using it, for example. Either way, why not visit this 3 bed apartment now when you still have the chance?

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Rental Algeciras El Rinconcillo

Property now rented long term.

Apartment to rent long term in very good zone of Algeciras. 3 bed 1 bath near to shops, beach and the city centre.

Ideal to commute to Gibraltar. 600€ per month plus two months’ returnable deposit.

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