Sale of apartment in Calle Azorín, Algorfa
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Sale of apartment in Calle Azorín, Algorfa
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Sale of apartment in Calle Azorín, Algorfa
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Sale of apartment in Calle Azorín, Algorfa
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Sale of apartment in Calle Azorín, Algorfa
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Sale of apartment in Calle Azorín, Algorfa

164 425 

2 316  / m²

Alicante, Algorfa, Calle Azorín

Ref: 126522

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FlatsSubcategories
2024Year of delivery
Good conditionProperty status
3Floor
2Bedrooms
2Bathrooms
71 m²built square meters

A one-bedroom, one-bathroom apartment located in Alicante, boasting a spacious area of 100 square meters, presents a unique investment opportunity. This property, having been acquired through a judicial process, has not yet been occupied by the current seller. As such, the condition of the premises is unknown, including its occupancy status, rental agreements, and service provisions.

The sale of the property is set to occur under several stipulations: it will be transferred as a whole, inseparable unit, in its current registered and cadastral condition, and in whatever physical state it may be found. The buyer will inherit the property along with its current qualities, legal standing, and any existing compliance or service issues. The seller will remain responsible for any outstanding costs and taxes mandated by law as of the time of sale.

The buyer must be prepared to accept various conditions, including the physical state and maintenance of the property, its zoning status, and any discrepancies between the actual physical dimensions and those recorded in official documents. Ensuring the property is properly registered and compliant will also fall on the buyer, who will need to navigate the necessary processes for obtaining judicial possession.

Importantly, the seller will not be liable for the state of preservation, any visible defects, or issues concerning registration and measurement irregularities. Additionally, if obtaining a habitation certificate is obligatory in the property’s region, the seller will not bear responsibility unless mandated by local regulations.

The current occupancy status may hinder access for professional evaluations, complicating official appraisals according to applicable regulations. Consequently, under these circumstances, the property cannot be mortgaged without alternative guarantees should financing be sought. Furthermore, the seller will face challenges in procuring an energy efficiency certificate due to these barriers.

The sale price has been influenced by the above conditions, reflecting a lower market value that the buyer must expressly accept upon finalizing the purchase. It is highly advisable for any potential buyer to seek professional and legal guidance prior to making a purchasing decision.

This information has been obtained from public sources and may not be up to date. It does not represent a link with the developer.

Project information / Work status

  • Year of delivery2024
  • Property statusGood condition

Property data

  • SubcategoriesFlats
  • Floor3
  • Bedrooms2
  • Bathrooms2
  • built square meters71 m²
  • Property typeSecond hand

Base

    Energy certification

    • Energy certificateB

    Top new builds in Spain

    Facilities

    In building

    • Swimming Pool
    • Elevator

    State

    • Good condition

    Mortgage calculator

    Property price
    Down payment
    30,00%
    Term in years
    Interest rate type
    Interest rate
    Purchase taxes and fees
    9,00%
    Calculate:,,,,,,,
    Monthly mortgage payment548 €
    Amount financed by bank115 097 €
    Taxes and expenses14 798 €
    Final property cost including expenses179 223 €
    Property cost after mortgage payoff (with interest)
    246 479 €
    incl. interest: 67 256 €

    Profitability calculator

    Property price
    Renovation cost
    100 000 €
    Purchase taxes and fees
    9,00%
    Calculate:,,,,,,,
    Additional expenses
    100 000 €
    (fees, legal procedures, registration, other expenses)
    Expected monthly rent
    Exit property price

    Expenses (annual estimates)

    Property tax
    Community fees
    Insurance
    Other expenses

    Address

    Alicante, Algorfa, Calle Azorín

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