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.
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.
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.