TOWNHOUSE IN CIUDAD QUESADA

HIS IS AN EQUITY RELEASE/ NUDA PROPIEDADProperty Value €160,000Purchase today* €81,000Discount 49%ORInitial Lump Sum €40,000Annuity Payment of €684 for 60 months*Inclusive of Buyers FeeTHIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD>For sale is the BARE OWNERSHIP of this wonderful Townhouse in Rojales, Alicante. The current owner, a 66 year old female, reserves the right to use and enjoy the property for the rest of her life/ until permanent entry into a nursing home or under state care..Our Owner will sell the ‘Bare Ownership’ for a lump sum of €81,000 in return for a lifetime Usufruct, or are happy to take an initial lump sum of €40,000 and annuity of €684 for 60 monthsWhat 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.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 PropertyThe property is extremely well decorated and currently used as two bedrooms as the third downstairs bedroom is being used as a dining room.This property benefits from:Lovely size lounge areaFully Fitted Kitchen with door to rear patio area, access to communal pool areaSeparate Dining room/bedroom 3Utility Room to the rear houses washing machineBedroom 1 to the front with access to terrace with great view of the salt lakesBedroom 2 is at the rear with access to balcony with lovely views over the pool areaFully equipped bathroom with corner bathFully equipped downstair shower roomAll decorated and in an excellent well kept conditionFantastic fully tiled patio area to the rear, with access to the well kept communal pool areaFully tiled front garden, with access to underbuild storage areaThe communal pool area is just a few steps awayAir ConditioningNatural GasLog BurnerElectric RadiatorsHeated towel RailsYearly Community fees €600Yearly IBI €120Just 15 minutes drive from the beachAlicante airport only 45 minutes drive