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Property for Auction
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Property for Auction |
Feature Property: Ref: APA003
Viewing Days:
Tuesday TBA 10am - 2pm
Thursday TBA 4pm - 7pm
Saturday TBA 10am - 6pm
Private Viewing:
By appointment and as set out in the Buyers Guide.
If you require any further information about our services or an advertised property.
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Ref: APA002 3 Bed townhouse in the village of Alfoquia.
Alfoquia is quite a large village set in the Almanzora Valley, 35 minutes from the beaches of the Vera Playa. Alfoquia has all the amenities expected of a village of its size with plenty of bars, small amount of shops etc. There is a budding and friendly expat community.
Bedrooms - 3 Bathrooms - 1 Build Size - 75m²
3 Bed terraced townhouse with rear courtyard located on the outskirts of La Alfoquia. You enter from the street directly into a large lounge/diner with inset fireplace. The first door on the right is the master bedroom has built in wardrobe. Exit this bedroom into the lounge, to your right there is a small hall from which you will encounter two further bedrooms, one of which is a double room and the remaining is a single room. The bathroom has WC, hand wash basin, and shower unit, also located off this small hall. The Kitchen is fitted with low level and eye level kitchen units complete with white goods. The Courtyard is accessed via the kitchen, the courtyard is laid with concrete and is quite a little suntrap. The courtyard has small set of steps down to a small tool shed This property is fully furnished and would be for sale by separate negotiation, the property is vacant.
This property offers an excellent opportunity for a family to move straight in and personalise to their own specification. Alternatively, this property is a very good rental investment opportunity for budding entrepreneurs. See here how the rental investment figures stack up.
Location:
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The current Bank of England Interest rate is 0.5% The average High Street Bank is offering between 2 - 3.5% interest per annum.
This property is a very good opportunity to get onto the rental investment market for very little investment. The condition of the property is good enough that it is ready to rent out directly.
FOR EXAMPLE: Long term rental: Property purchase: 50,000€ Rental per month: 250€ per month Annual Rental: 3000€
This represents a 6% interest per annum.
All figures stated above are for example purposes only and are no indication of the purchase value or the rental value of the above property.
If you would like further information about the properties rental potential, please do not hesitate to contact us.
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