Guadacorte Distressed Sale

Description

Property now Sold

4 bed plus garden Repossession

Bank Repossession, 4 bed 1 bath, 1 cloak room, large sitting room, good sized kitchen with island.  Fireplace. Fitted wardrobes. Patio that can be used to park car in. Terrace and garden. 194 m2 plot 137 m2 built. Property built on 2 floors. Great opportunity to buy a family home to rent out or live in yourself. There is a small village behind Las Palmones Commercial Centre with chiringuito / beach bar and great restaurants. In walking distance or 5 minutes by car. A hidden gem. The location is great for Gibraltar, too.

Guadacorte Distressed Sale

Only 176,000€ and opportunity to get up to 105% mortgage (95% plus 10% costs of purchase)

Close to Everything

This Guadacorte Distressed Sale is ideally located in popular commuting neighbourhood next to Las Palmones Shopping District. Near to 3 different four star hotels all charging minimum of 60 € per night. For Sale at a great price. This is a terrific opportunity to buy for long term rentals market or take advantage of short lets. Also ideal family home. Perhaps you work at the hospital Quirón Salud and would like to live close to hand. Or know very well that it’s a perfect place to rent out to family members of hospital patients. Also diverse footfall from business executives due to proximity of Gibraltar and with holidaymakers/execs over-nighting before / after flights from Gibraltar International airport. Not to mention with Birders . . . positioned near wetlands and the bird migratory route. Overlook this investment at your peril.  You won’t get cheaper or better multi-faceted footfall to the area.

Some Reform Necessary

You will need to put some fitted wardrobes in and the cloakroom could be converted to a shower room. The garden also needs a little loving care spent. But at this price, it’s worth it.

Location Guadacorte

Near Las Palmones Science and Technology Park, minutes to Algeciras heading West or Gibraltar heading East. Lots to do in this area. Popular location for hotels: NH Hotels, Guadacorte Park Hotel and Hotel Montera Plaza, are all 4 star and charge around 60 € per night. Great for birding at nearby National Park,  Marismas del Río Palmones, with over 350 birds species identified – most numerous being Plover, Dunlin and Herons.  It’s no coincidence that the streets in this neighbourhood are all names of birds. The secrets are overlooked, but as  you head towards the sea, and the river estuary, you realise just how many advantages this area has. Shopping Malls on your doorstep, from Carrefour, Lidl and Mercadona to Decathlon and the omnipresent Chinese Bazaars. Although there is fast food -BurgerKing and McDonalds for example, there  is an abundance of culture, too. Nearby are the fantastic 7th Century BCE Ancient Ruins of Carteia. Entrance is free and it is well worth seeing with Punic wall, Roman Republic Temple, Visigothic Temple, Roman Baths and a host of other historical remains. Something for everyone, near airports of Jerez and Gibraltar, close to trains, buses and walking areas. It’s a goody. Don’t let it pass without a visit. Plus, preferential financial terms are available for this property. Let us know if this may be of interest to you.