House/Detached house For sale TORMES DEL, Pinar de los Franceses - Marquesado, Chiclana de la Frontera
- 160,000 € Ref. D04-030624
- 5 Rooms
- 4 Bathrooms
- 336m²
Investment Opportunity:
Credit Assignment with Mortgage Guarantee in Chiclana de la Frontera
ATTENTION INVESTORS:
Asset generating profitability through NPL (Non-Performing Loans) credit assignment.
Independent Villa in Exclusive Residential Area
Discover this magnificent detached house located in a low-density residential area, where privacy and tranquility are guaranteed.
The property features a functional layout with 5 bedrooms, all equipped with built-in wardrobes for added comfort and space optimization. The 4 full bathrooms ensure comfort for the entire family, while the additional storage room provides extra storage solutions. It has a terrace for enjoying the outdoors and a garage with a private parking space.
Although it requires renovations, this property represents an excellent opportunity for investors seeking profitability. Its location close to the prestigious golf courses of Novo Sancti Petri and major shopping centers makes it a highly sought-after area. The high market demand in this area guarantees quick sales and constant revaluation.
Transaction Details:
Asset Type: Housing.
Estimated Property Price: €415,296
Auction/Appraisal Value: €192,000.
Total Claimed Debt: €157,855.
Procedural Status: Lawsuit admitted - AUCTION PREP.
Credit Sale: The right to collect and the mortgage guarantee are transferred. The buyer is subrogated 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 Transaction: It is not possible to finance this purchase with a conventional bank mortgage, unless the buyer provides other types of guarantees if financing is requested, such as owning another property or having some type of guarantor.
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 legal and procedural due diligence before formalizing the transaction.
We have a wide portfolio of NPL, CDR, and REO properties throughout Spain.
Specific characteristics
- 336 m2 constructed
- 5 rooms
- 4 Bathrooms
- Terrace
- Second hand/Needs renovating
- Fitted wardrobes
- Storage room
- Year built 1982
Building
- Energy Performance Certificate E
Equipment
- Green area