Flat For sale El Tejar - Hacienda Bizcochero

• 3 Rooms
• 2 Bathrooms
• 70m²

BANKING OPPORTUNITY IN MALAGA

Opportunity for investors: apartment for sale WITHOUT POSSESSION, from mortgage foreclosure is offered.
PRODUCT INDICATED EXCLUSIVELY FOR PROFESSIONAL INVESTORS. Investment not recommended for end customers.

Investment characteristics:
The offered property cannot be visited at this time.
Purchase of the debt and acquisition of the adjudication rights in a future auction.

Description of the property:
Apartment on the third floor of 69.37 m² built.
Distributed in living-dining room, terrace, distributor hallway, 3 bedrooms, bathroom, toilet, kitchen and laundry room.
Includes parking space of 25 m² and storage room of 5.59 m².

Location:
Located in a quiet residential area of the Trafalgar neighborhood (Malaga), well connected and with all nearby services: shops, public transport, schools and green areas.

Investment conditions:
No mortgage is allowed on the property; operations must be carried out in cash.
You cannot access the interior of the apartment, although its exact location is known (we do not have interior photos).
The delivery of keys will depend on the course of the procedure or a possible negotiation with the occupants.
If the client requests it, our professionals (lawyer and solicitor) can manage the judicial procedure until obtaining the keys. Fees not included in the price.
The law requires the successful bidder to be up to date with community fees and IBI (property tax) for the last 4 years in case of debt (situation pending confirmation).
Buyer's expenses: ITP (Property Transfer Tax) and Registration.
The final sale price is subject to final approval by the entity.

Approximate market value: €373,252
Sale price: €240,000
Guaranteed profitability. Does not admit mortgage financing. Only for clients with liquidity.

If you want more information, please provide us with your email address and write us the following text:
"I AM A PROFESSIONAL INVESTOR AND I UNDERSTAND THE CONDITIONS. "
We have a wide portfolio of properties without possession throughout Spain.