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Rent to Buy Apartment in Sotogrande Marina

Señal/Deposit €28,500 1000

Sotogrande Marina

Overview

Property ID: RTBSMGM595

Description

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 285,000€. You pay 28,500.00€ now, plus 1,000€ a month.

How Does this Work?

You would rent this property for 1,000€ 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 you and the landlord would agree on. This is usually around a year or 18 months.

Property Portfolio

At present, this apartment is used for short term lets and forms part of the owner’s business portfolio. If you would be interested in buying it outright you can of course do so.


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Location

Sotogrande Marina

Map

Amenities

  • Beach Club
  • Beaches
  • Communal Pool
  • Garden Area
  • Polo Fields
  • Restaurants
  • Terrace

Useful Data

Related Listings

Sotogrande Marina rent to buy

Sotogrande Marina 2 bed for sale

Reduced to 285,000€ – View now! Sotogrande Marina 2 bed 2 bath Buy a going concern rental business. Reduced by 30,000€ for quick sale. 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. It comes with fitted wardrobes and fully fitted kitchen. There is also a possibility of a berth at which to moor your boat and admire it from your large terrace.  However, in today’s market what is also offered here is a short to medium term investment. The location and views will always make this property desirable. This means when the time comes for you to sell, this 2 bed 2 bath unit should provide a rewarding return on capital. No-one can ever guarantee the future and buying property is always a form of speculation, but we believe there is a healthy profit if you wait 3 – 7 years. Certainly, a far better return than a bank savings account. Meanwhile, you benefit from a successful holiday rentals business. The current owner needs to liquify some of his assets and is consolidating his portfolio to do so. For[…]

Price recently dropped. €285,000