THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD Market Value euro185,000 Purchase Today* euro130,000 Discount 30% Fixed Usufruct 60 months OR A down payment of euro70,000 now with payments of euro1,000 for 60 months *Inclusive of Buyers FeeTHIS IS AN EQUITY RELEASE PROPERTY/NUDA PROPIEDAD For sale is the BARE OWNERSHIP of this great property in La Marina.

The current owners, who are male 65 & female 68 years old would like to do a fixed 60 months Usufruct. They would reserve the right to use and enjoy the property for the next 60 months.The property can be owned by paying one time payment of euro130,000Alternatively the owners are open to a down payment of euro70,000 now with payments of euro1,000 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, this deal is a fixed 60 months.

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, in 60 months, 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 consists of a 2 bedroom home upstairs and a fully independent 2 bedroomed flat downstairs. Lovely extended living/dining roomRecently refurbished fully fitted kitchen with marble work surfaces & kick boards2 good sized bedroomsRecently refurbished bathroom with full sized bath with shower overRecently installed ExtraFlame Pellet BurnerFront & rear terraces to main house allowing for sun or shade throughout the year.Views from the front terrace look out towards Rojales and from the back towards GuardamarSeveral toldos installed around the property for shadeWrap around paved gardenThe Independent flat downstairs has had a complete upgrade of white goods and a rainfall shower installedAir conditioning units & fans installed in the house and flat2 Condensing boilers for the house and flatAll windows have mosquito nets fittedAll decorated and in an excellent well kept conditionThe property is set on an Urbanisation between the villages of La Marina and San Fulgencio.

The large town of Guardamar is approximately 10 km. There are a variety of unspoilt beaches backed by dunes & pine trees just 10 minutes drive. The City of Elche is only 20 minutes.There are all the usual amenities with 10 minutes walk, such as supermarkets, doctors, dentists, hairdressers etc.