We have teamed up with the two biggest players of the Spanish equity release market.
"SELL and STAY" are the magic words
Turn your home into your best Pension plan and enjoy the rest of your life to the fullest.
Opt for a calm and happy future while continuing to fully enjoy your home through our real Estate and financing products:
- Real State life Annuity
- Bare Ownership sale
- Sale with Guaranteed rent
PROPERTIES AVAILABLES:
LEASEBACK DEAL 480.000 € - STRAIGHT PURCHASE 720.000 €
For Sale with Guaranteed Rent of this spectacular detached villa in La Manga Club, Atamaria, Cartagena.
The current owner, a 61 year old gentleman, will remain as a tenant for 10 years paying a monthly rent of 1.495€ which will be revalued annually according to the CPI.
What does this imply?
The expenses generated in the sale (Property Transfer Tax, notary and registry). With the exception of the Municipal Capital Gains Tax, which will be paid by the seller.
•MAINTENANCE EXPENSES: Once the operation is formalized before a notary, the housing expenses will be distributed as follows:
1. The Real Estate Tax (IBI), extraordinary spills and maintenance insurance will be assumed by THE PURCHASING PARTY.
2. The ordinary community fee, contents insurance, urban waste rate and supplies (electricity, water, etc.); individualized or not, will be assumed by THE SELLING PARTY.
MORE INFORMATION ABOUT THIS PROPERTY: https://www.lamangaqualityhomes.com/ficha/villa/la-manga-club/las-mimosas/5560/24385306/en/
The BARE OWNERSHIP of this exclusive beachfront villa is for sale, a real estate gem in La Manga del Mar Menor, Cartagena.
The current owner, a 86-year-old man, will retain the right to use and enjoy the property for life. The property has a market value of €1.000.000 and a 40% discount is applied on that value.
What does this imply?
PAYMENT PLAN: INITIAL PAYMENT of €315.000 and monthly payment of €3.000 for 8 years.
FORMALIZATION COSTS: Paid in full by the buyer. The expenses generated in the sale (Property Transfer Tax, notary and registry). With the exception of the Municipal Capital Gains Tax, which will be paid by the seller.
MAINTENANCE EXPENSES: Once the operation is formalized before a notary, the housing expenses will be distributed as follows:
The Real Estate Tax (IBI), extraordinary expenses and container insurance will be assumed by THE PURCHASING PARTY.
The ordinary community fee, content insurance, urban waste rate and supplies (electricity, water, etc.), individualized or not, will be assumed by THE SELLING PARTY.