Flat For sale La Trinidad
- 125,000 € Ref. D03-030526
- 2 Rooms
- 1 Bathroom
- 68m²
Investment Opportunity:
Mortgage-Secured Loan Assignment in Malaga.
ATTENTION INVESTORS:
Income-generating asset through NPL (Non-Performing Loans) credit assignment.
For sale is the creditor position of a loan secured by a mortgage on a property located in Malaga.
Apartment with a parking space situated in an area surrounded by all services: shops, transport, schools, and just a few minutes from the historic center.
A perfect opportunity to live or invest in a privileged location.
Asset Type: Housing.
Property Price Valuation: €308,000.
Auction/Appraisal Value: €192,823.
Total Debt Claimed: €153,000.
Procedural Status: With auction decree.
Credit Sale: The right to collect and the mortgage guarantee are transferred. The buyer steps into the position of the current creditor.
No Possession: The property cannot be visited. The acquisition of physical possession will depend on the completion of the judicial proceedings.
Cash Operation: It is not possible to finance this purchase with a conventional bank mortgage.
Advantages: Acquisition at a significant discount on market value. Ideal for investors specializing in the management of foreclosed assets (REOs) or debt recovery.
LEGAL NOTICE: The information provided is for informational purposes only. It is recommended to conduct a legal and procedural due diligence before formalizing the transaction.
We have a wide portfolio of NPL, CDR, and REO properties throughout Spain.
Specific characteristics
- 68 m2 constructed
- 2 rooms
- 1 Bathroom
- Parking space included in the price
- Second hand/Needs renovating
- Fitted wardrobes
- Year built 2008
Building
- Floor 1, street-facing
- With lift
- Energy Performance Certificate E
Equipment
- Number of floors in the building: 5
- Neighbours per floor: 4