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?