Search
THIS IS AN EQUITY RELEASE/ NUDA PROPIEDADMarket Value euro150,000Purchase today* euro106,050 Discount 29% Guaranteed rental return euro250 pcm *Inclusive of Buyers Fee Sale & Leaseback Investment OpportunityBuy this p
La Zenia, Alicante, Spain
REF: 885298
€106,050
Description
THIS IS AN EQUITY RELEASE/ NUDA PROPIEDADMarket Value euro150,000Purchase today* euro106,050 Discount 29% Guaranteed rental return euro250 pcm *Inclusive of Buyers Fee Sale & Leaseback Investment OpportunityBuy this property today and take advantage of the stress-free Sale & Leaseback arrangement.Our owners, male 66 and female 64, wishing to free up some of the value in their Spanish home will give our investor a reduction in the price. In return they wish to remain living in this property at a reduced rent for the rest of their lives/ until permanent entry into a nursing home or under state care.The owners/new tenants will pay a rental return of euro 250 pcm. What does this mean?This property offers a unique chance to acquire ownership through Nuda Propiedad, a concept meaning "bare ownership." Here's how it works:You purchase a portion of the property's ownership at a discounted price compared to the market value.This creates two ownership rights:Usufruct: The seller retains the right to live in and use the property for a predetermined period, typically their lifetime/ until permanent entry into a nursing home or under state care.Bare Ownership (Nuda Propiedad): You acquire ownership of the property itself but cannot occupy it until the usufruct period ends.Once the usufruct period expires (usually upon the seller's passing/ until permanent entry into a nursing home or under state care), full ownership, including occupancy rights, will transfer to you.This approach allows you to invest in the property's future value at a reduced cost, while the seller enjoys continued use of the property. It's a great way to enter the property market or invest for the mid term.About this PropertyThis property benefits from: Living/dining room with Air ConditioningFully fitted kitchen2 bedrooms1 fully equipped bathroomAll decorated and in an excellent well kept conditionFully tiled garden area, private & secure with separate seating & dining areas & Toldos Patio area with Hot tub to the side of the property DrivewayRooftop solarium with locked storage2 great communal pools just a few steps away5 minutes from the beach45 minutes from Alicante Airport
THIS IS AN EQUITY RELEASE/ NUDA PROPIEDADMarket Value euro150,000Purchase today* euro106,050 Discount 29% Guaranteed rental return euro250 pcm *Inclusive of Buyers Fee Sale & Leaseback Investment OpportunityBuy this property today and take advantage of the stress-free Sale & Leaseback arrangement.Our owners, male 66 and female 64, wishing to free up some of the value in their Spanish home will give our investor a reduction in the price. In return they wish to remain living in this property at a reduced rent for the rest of their lives/ until permanent entry into a nursing home or under state care.The owners/new tenants will pay a rental return of euro 250 pcm. What does this mean?This property offers a unique chance to acquire ownership through Nuda Propiedad, a concept meaning "bare ownership." Here's how it works:You purchase a portion of the property's ownership at a discounted price compared to the market value.This creates two ownership rights:Usufruct: The seller retains the right to live in and use the property for a predetermined period, typically their lifetime/ until permanent entry into a nursing home or under state care.Bare Ownership (Nuda Propiedad): You acquire ownership of the property itself but cannot occupy it until the usufruct period ends.Once the usufruct period expires (usually upon the seller's passing/ until permanent entry into a nursing home or under state care), full ownership, including occupancy rights, will transfer to you.This approach allows you to invest in the property's future value at a reduced cost, while the seller enjoys continued use of the property. It's a great way to enter the property market or invest for the mid term.About this PropertyThis property benefits from: Living/dining room with Air ConditioningFully fitted kitchen2 bedrooms1 fully equipped bathroomAll decorated and in an excellent well kept conditionFully tiled garden area, private & secure with separate seating & dining areas & Toldos Patio area with Hot tub to the side of the property DrivewayRooftop solarium with locked storage2 great communal pools just a few steps away5 minutes from the beach45 minutes from Alicante Airport
Read More
Property on Map
Currency Exchange
La Zenia, Alicante, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €106,050 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €106,050 | £87,375 | £92,061 | £4,686 |
| Property Price € | €106,050 |
| Minimum cost in the last six months | £87,375 |
| Maximum cost in the last six months | £92,061 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,686 |
La Zenia, Alicante, Spain
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Spain do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Spain takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €106,050 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €106,050 | £87,375 | £92,061 | £4,686 |
| Property Price € | €106,050 |
| Minimum cost in the last six months | £87,375 |
| Maximum cost in the last six months | £92,061 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,686 |
The exchange rate on the day you make an offer on your property in Spain will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £4,686 more.
Hi {{firstName}},
Enquire about this property
Make an Enquiry on this property
No Yes
No Yes
I agree to be connected with a trusted property agent who will receive
these details.
We handle your data with care and only ever as outlined in our
Privacy Policy
Thank you for your
enquiry!
Our partner agent will be in touch with you shortly.
Our partner agent will be in touch with you shortly.
Enquire about this property
No
Yes
No
Yes
I agree to be connected with the property agent for more detail on this
listing.
We handle your data with care and only ever as outlined in our
Privacy Policy
