2 Bedroom 2 Bathroom Ground Floor Apartment located in the new Oasis Laguna Project in the El Raso Urbanization of Guardamar del Segura

Guardamar Del Segura, Costa Blanca South, Spain

For Sale

€225,000

REF: 904691 €225,000


2

2


64 m2

Description

2 Bedroom 2 Bathroom Ground Floor Apartment located in the new Oasis Laguna Project in the El Raso Urbanization of Guardamar del Segura. The apartment has a parking space and storage room in the basement, which will be accessible from the community stairs or from the elevator on each floor. The common areas will include a pool area, reception/meeting room,outdoor gym, pétanque area, mini-golf, and spa.

The apartment offers something that no other can in this residential area. You can enjoy your home for 4 months a year for personal use, and the rest of the year it can be rented out, where you can obtain profitability without having to worry about anything, as a specialized rental company will manage everything for you.

Located just 10 minutes by car or 15 minutes by bike, you can enjoy Moncayo Beach, just 10 minutes by car from the Habaneras shopping center, 9 minutes from the dining and entertainment area of Ciudad Quesada, or 8 minutes from the center of Guardamar del Segura, making this development have an unbeatable location.

The home will be fully furnished and ready to live in, with lighting, furniture, appliances, and fully finished bathrooms. For Golf lovers, it's worth mentioning that just 15 minutes by car, you can enjoy one of the best golf courses in Spain, located in the La Finca de Algorfa urbanization. Also, note the beautiful golf courses of La Marquesa and Vista bella, which are 10 and 20 minutes by car respectively.

PLEASE NOTE: * There is a 21% tax to pay on top of the purchase price. * The apartments must be rented out through a specific rental agency. * It is permitted for the owners to use the property during 4 months of the year, always with previous agreement with the rental agency. * The apartments have to be rented out for the other 8 months of the year.

The rent to be received in general by the buyer of the property from the operating company will be calculated according to the following formula: Estimated low occupancy model + 65.00% of the gross income obtained by the operating company by renting it to third parties 9,750.00 - General maintenance costs (electricity, water, cleaning, community, etc.) (3,000.00) + Deductible VAT paid for expenses directly assumed by the owner 630.00 - VAT charged by the owner of the home to the operating company (1,692.15) Net income obtained by the owner of the home 5,687.8 Note:The example in the table reflects the income to be received by the owner if the home generates rental income of 15,000 per year (Estimated average of 200 per night, 75 nights per year) Estimated occupancy model average + 65.00% of the gross income obtained by the operating company by renting it to third parties 14,950.00 - General maintenance costs (electricity, water, cleaning.

Community, etc) (4,500.00) + VAT deductible for expenses directly assumed by the owner 945.00 - VAT charged by the owner of the home to the operating company (3,139.50) Net income obtained by the owner of the home 8,255.50 Note: The example in the table reflects the income to be received by the owner if the home generates rental income of 23,000 per year (Estimated average of 200 per night, 115 nights per year) Estimated high occupancy model + 65.00% of the Gross income obtained by the operating company when renting it to third parties 21,450.00 - General maintenance costs (electricity, water, cleaning, community, etc.) (6,500.00) + Deductible VAT incurred for expenses directly assumed by the owner 1,365.00 - VAT charged by the owner of the home to the operating company (4,504.50) Net income obtained by the owner of the home 11,810.50 Note: The example in the table reflects the income to be received by the owner if the home generates rental income of 33,000 per year (Estimated average of 200 per night, 165 nights per year)
2 Bedroom 2 Bathroom Ground Floor Apartment located in the new Oasis Laguna Project in the El Raso Urbanization of Guardamar del Segura. The apartment has a parking space and storage room in the basement, which will be accessible from the community stairs or from the elevator on each floor. The common areas will include a pool area, reception/meeting room,outdoor gym, pétanque area, mini-golf, and spa.

The apartment offers something that no other can in this residential area. You can enjoy your home for 4 months a year for personal use, and the rest of the year it can be rented out, where you can obtain profitability without having to worry about anything, as a specialized rental company will manage everything for you.

Located just 10 minutes by car or 15 minutes by bike, you can enjoy Moncayo Beach, just 10 minutes by car from the Habaneras shopping center, 9 minutes from the dining and entertainment area of Ciudad Quesada, or 8 minutes from the center of Guardamar del Segura, making this development have an unbeatable location.

The home will be fully furnished and ready to live in, with lighting, furniture, appliances, and fully finished bathrooms. For Golf lovers, it's worth mentioning that just 15 minutes by car, you can enjoy one of the best golf courses in Spain, located in the La Finca de Algorfa urbanization. Also, note the beautiful golf courses of La Marquesa and Vista bella, which are 10 and 20 minutes by car respectively.

PLEASE NOTE: * There is a 21% tax to pay on top of the purchase price. * The apartments must be rented out through a specific rental agency. * It is permitted for the owners to use the property during 4 months of the year, always with previous agreement with the rental agency. * The apartments have to be rented out for the other 8 months of the year.

The rent to be received in general by the buyer of the property from the operating company will be calculated according to the following formula: Estimated low occupancy model + 65.00% of the gross income obtained by the operating company by renting it to third parties 9,750.00 - General maintenance costs (electricity, water, cleaning, community, etc.) (3,000.00) + Deductible VAT paid for expenses directly assumed by the owner 630.00 - VAT charged by the owner of the home to the operating company (1,692.15) Net income obtained by the owner of the home 5,687.8 Note:The example in the table reflects the income to be received by the owner if the home generates rental income of 15,000 per year (Estimated average of 200 per night, 75 nights per year) Estimated occupancy model average + 65.00% of the gross income obtained by the operating company by renting it to third parties 14,950.00 - General maintenance costs (electricity, water, cleaning.

Community, etc) (4,500.00) + VAT deductible for expenses directly assumed by the owner 945.00 - VAT charged by the owner of the home to the operating company (3,139.50) Net income obtained by the owner of the home 8,255.50 Note: The example in the table reflects the income to be received by the owner if the home generates rental income of 23,000 per year (Estimated average of 200 per night, 115 nights per year) Estimated high occupancy model + 65.00% of the Gross income obtained by the operating company when renting it to third parties 21,450.00 - General maintenance costs (electricity, water, cleaning, community, etc.) (6,500.00) + Deductible VAT incurred for expenses directly assumed by the owner 1,365.00 - VAT charged by the owner of the home to the operating company (4,504.50) Net income obtained by the owner of the home 11,810.50 Note: The example in the table reflects the income to be received by the owner if the home generates rental income of 33,000 per year (Estimated average of 200 per night, 165 nights per year)
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Currency Exchange

Guardamar Del Segura, Costa Blanca South, 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 €225,000 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
€225,000 £185,378 £193,376 £7,999
Property Price € €225,000
Minimum cost in the last six months £185,378
Maximum cost in the last six months £193,376
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,999

Guardamar Del Segura, Costa Blanca South, 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 €225,000 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
€225,000 £185,378 £193,376 £7,999
Property Price € €225,000
Minimum cost in the last six months £185,378
Maximum cost in the last six months £193,376
Fluctuating exchange rates over the last six months could have increased the cost of this property by £7,999

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 £7,999 more.

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