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1 Bed / 1 Bath Townhouse in Fuerteventura (Ref# 010)

€75,000

Description

THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD


  • Property Value €135,000

  • Investment today* €75,000


*Excluding conveyancing costs

A magnificent 1 bedroom Villa/Detached House in a wonderful location, situated in La Asomada, Fuerteventura.

Terrific investment opportunity this property has a current valuation of €135,000 but our owner is willing to sell it for €75,000 but intends to keep living in the property.

ABOUT THIS PROPERTY

This well-maintained property consists of an entrance hall, kitchen, dining room, sitting room, bedroom, and toilet with walk-in shower and a small utility room.

The garage space, which is attached to the property, is used as the main bedroom with an en-suite shower. There are options to develop this area once the investor takes possession. The fuse box has been recently updated and the wiring renewed. This is important for insurance as well as practical reasons.

The outside of the property has a paved patio area, There is a garage situated in one corner of the garden area; A swimming pool is situated in another corner, providing relief from the Spanish summer sun. There is also a fish pond with goldfish, adding a certain quaintness to the property. There is a mixture of plants including cacti, yucca, and small palms. A high wall is constructed around the property to ensure privacy and security.

This property is well priced and with the investment opportunity, ensures value for money. The property is surrounded by aesthetic natural beauty.

A city or community like the Canary Islands where the population is growing and a large number of ex-pats are present often represents a serious potential investment opportunity. The next buyer too will probably be an ex-pat. A neighborhood like this one with a low crime rate, easy access to public transportation, proximity to amenities like banks, supermarkets, and restaurants, and a growing property market may also mean a larger pool of future buyers.

Last modified on: 03/05/2024