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