Bank Repossession Casares Beach
Splendid 2 bed 2 bath apartment in the much sought after urbanisation Perla de la Bahia on Casares beach front. Priced to sell at 318,000 € Spacious ground floor property of 2 bedrooms and 2 bathrooms with large separate kitchen and sitting room with fireplace. The property is 144 m2. It has the added bonus of the terrace having glass curtains making it into a kind of conservatory, it is 33 m2 with garden and pool views. This urbanisation has a good reputation for its design and location and is very aptly named! In addition, the property has fitted wardrobes and air conditioning through out plus it has gas central heating. You have a dedicated parking spot of 25 m2 and a lockable storage facility of 10 m2. The development was constructed in 2001.
Location near Playa Chica Casares
The urbanisation is on a small cliff overlooking the sea and just up from a super beach bar (chiringuito) and charming little beach called Playa Chica. There is parking nearby for guests and this development is always popular with holiday makers. The development itself has 24 hours security and it 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.
Investment – Year round rentals
The grounds are impecccably maintained and the outdoor pools are an added option if you don’t fancy a five hundred metre 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. You could also offer it for long term rentals at approximately 900 € a month. This is higher than other properties in the area (600 €) due entirely to its location and cache.
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 personal circumstances. A 30 year mortgage, for example, could be offered for around 1,350 € pcm.
Community of Owners Fees are 315 € pcm.