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Sotogrande Marina 2 bed for sale

Price recently dropped. €295,000

Ribera del Pez Luna

Overview

Property ID: RPL295
Area: 116m²
Bedrooms: 2
Bathrooms: 2
Garages: 1

Description

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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Location

Ribera del Pez Luna

Map

Videos

Amenities

  • Communal Pool
  • Fully Furnished
  • garage
  • Lift
  • Storage Room
  • Terrace
  • Views

Useful Data

  • Distance from shopping center: Mercadona, Supercor, 4.2 km
  • Distance from schools: Sotogrande International School 8.4 km
  • Distance from bus stop / station: inter city Bus Stop Las Camelias Hotel 1.7 km; La Linea Bus Station 25 km Estepona Bus Station 29 km
  • Distance from train station: Estacion San Roque La Linea 22.7 km
  • Distance from airport: Gibraltar Airport 26.7 km; Malaga Airport 106 km

Floorplans

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Rent to Buy Apartment in Sotogrande Marina

Option No Longer Available – Property sold Opportunity to Try Before You Buy Rent to Buy Sotogrande Marina An opportunity to rent to buy this 2 bed 2 bath property with outstanding views in Sotogrande Marina. Located in Ribera del Pez Luna it is close to all amenities. Everything is within walking distance, but the property is also sold with a storage room and parking spot in the underground parking area beneath the building. If you are currently saving hard to buy your own home and have enough for a deposit but not for all the other expenses, this could be for you. Apartment for sale at 295,000€. You pay 29,500€ now, plus 1,200€ a month. How Does this Work? You would rent this property for 1,200€ per month and when you buy the property you do so at a cheaper title deed price. The amount you pay in rent is taken off the price you pay at Notary. This means that the property tax you have to pay is less. You safeguard your interest in the property by making a 10% down payment on the purchase price. The length of time you rent the apartment prior to purchase is something[…]

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