House/Semidetached house For sale El Zabal-Santa Margarita, La Linea de la Concepcion
- 169,000 € ↓6,000 € (3%) Ref. D04-151225
- 3 Rooms
- 1 Bathroom
- 177m²
Investment Opportunity.
Credit assignment with mortgage guarantee in La Línea de la Concepción.
Asset for profitability through NPL (Non-Performing Loans) credit assignment.
Due to the high volume of calls, we cannot answer the phone continuously and do not make outgoing calls. Please leave your message through the Idealista platform and we will respond as soon as possible.
Thank you.
Distribution:
Semi-basement floor: porch, garden, and large multipurpose room.
Ground floor: toilet, separate kitchen, and living-dining room.
Upper floor: two double bedrooms, one general bedroom, and bathrooms, all bedrooms with access to terraces.
Location and surroundings:
The property is located in La Línea de la Concepción, in a consolidated and well-connected residential area. The surroundings have all kinds of services nearby such as supermarkets, educational centers, neighborhood shops, green areas, and good connection to the main access roads. It is a quiet area, ideal for both a habitual residence and for medium and long-term investment, with proximity to the urban center and the border with Gibraltar.
Asset Type: Detached Villa.
Property Price Valuation: €275,000.
Auction/Appraisal Value: €353,326.
Total Claimed Debt: €391,377.
Procedural Status: We are requesting an auction.
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 Operation: It is not possible to finance this purchase through a conventional bank mortgage.
Advantages: Acquisition with 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 perform legal and procedural due diligence before formalizing the operation.
We have a wide portfolio of NPL, CDR, and REO properties throughout Spain.
Specific characteristics
- 177 m2 constructed
- 3 rooms
- 1 Bathroom
- Terrace
- Parking place
- Second hand/Needs renovating
- Year built 2006
Building
- Energy Performance Certificate E
Equipment
- Green area