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Estepona

Perfect Holiday Home

Playa Costalita Bank Repossession

Perfect Holiday Home

Splendid 2 bed 2 bath apartment with views of Gibraltar in the much sought after urbanisation Costalita on 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. 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 urbanisation has a fantastic reputation on booking.com! A quick search for May for example shows around 1,000€ minimum for a 2 week stay in a 2 bed apartment.  July and August are already almost fully booked. At the time of publishing, there was one offer new to the market of over 2,000€ for 1st july 2019 to 14th July 2019 – all the other offers had already been snapped up. The proximity to the beach is a marvellous incentive. 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.

Location Estepona Beach

The urbanisation is on the eastern fringes of the municipality of Estepona, next to the beach and just down from a super beach bar (chiringuito). It 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!

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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