Manilva Beach 2 bed 2 bath property NOW SOLD.
This Manilva Beach 2 bed 2 bath is a bank repossession. It is on sale at a bargain price of 93,500 € and has preferential finance options available. Buy for as little as 392 € per month. 72 m2 constructed of which 58 m2 is usable, plus very large terrace spaces.
South facing with sea and mountain views. This second floor property is well situated to benefit from short term lets which would also allow you weeks of use as a holiday home. The apartment is within walking distance of the beach, and there is a footbridge to take you across the main road. Alboran Hills Urbanisation was built in 2007 and there are properties advertised on airbnb, for example, at 60€ per night.
This apartment comes with pre-installation of air-conditioning. The property is completely unfurnished including kitchen, so you can choose the brands and appliances you wish rather than having those that the developer had put in.
Both bedrooms have built in wardrobes and bathrooms en-suite. The sitting room is very bright and a good size. The kitchen is an American galley style and the flooring is marble throughout the apartment. Also, there is a huge terrace and another, smaller, one. Essentially, these are extra rooms for most of the year with space for dining table and sun loungers. Both are easily transformed into chill zones with a few low maintenance plants and some awnings to protect from the sun. Everyone likes to sit and look at the sea and this is what you get with this apartment. In addition there is a parking space and store room accessed via the underground car park. The urbanisation has communal pools and well cared-for gardens. It is safe for children and adults alike.
Location mid-way between Sotogrande and Estepona
Situated mid-way between Sotogrande and Estepona this is a popular zone with holidaymakers of many different nationalities. It is also within commuting distance of Gibraltar. There are a plethora of restaurants and shops close by, as well as health centres, schools, banks and, of course, the beach. There is also a super beach bar (chiringuito) within walking distance.
Preferential Finance Options Available
To purchase as your main residence you have opportunities to take out mortgages up to 100% of the property purchase price. This would be for those resident in Spain and the only requirement is a 10% deposit of the total amount borrowed. Non residents can take out up to 80% – all subject to usual conditions. This would mean this bank repossession distressed sale could be yours for as little as 392 € per month over 30 years.
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