Sale of independent chalet in Calle Ortega y Gasset, Alicante

This is a unique opportunity tailored for investors. The property is currently occupied by an individual without legal title. As a result of this occupancy status, no in-person viewings can be conducted. The second-hand apartment for sale features a sizable area of 140 m² spread over two levels, consisting of multiple rooms. It is situated on a plot measuring 365 m² and is located in the northern part of the city. Nearby amenities include healthcare facilities, public transportation, coastal areas, as well as leisure and shopping options. The property boasts convenient access to major highways.

The property is being sold following a judicial process, and the seller has not yet taken possession. Consequently, the current condition of the property, including its occupancy state and utility services, remains unknown to the seller. The transfer will occur under the following terms: (i) as a specified parcel and at a fixed price, (ii) as an inseparable whole, (iii) in its current registered and cadastral state, (iv) in its existing physical condition, encompassing legal, urban planning, administrative, licensing, protection, conservation, and cleanliness aspects, and (v) without provision for services and utilities. The buyer will assume responsibility for: (i) the physical state and condition, (ii) the urban planning status, (iii) any discrepancies between the physical reality and the registered or cadastral data, (iv) the regulatory adjustments needed, and (v) the processes leading to the judicial possession of the property.

The seller will not be liable for: (i) the property’s current condition, (ii) any visible and apparent defects, (iii) registration or cadastral regularization, (iv) any potential discrepancies regarding dimensions, (v) any liability related to obtaining the habitability certificate unless required by local regulations, and (vi) any costs, fees, or taxes arising from these conditions. The occupancy status and/or restrictions on access to the property will hinder: (i) its official appraisal as mandated by regulations, meaning that, while the occupancy persists, the property cannot be mortgaged nor can a mortgage be established on such properties, necessitating other forms of guarantees should financing be requested, and (ii) the property owner’s ability to obtain an energy efficiency certificate.

The sale price has been determined considering these circumstances, which have adversely affected the property’s value. The buyer must expressly accept these conditions upon finalizing the property transfer. It is highly recommended that potential buyers seek professional and legal advice prior to making a purchasing decision.