Sale of apartment in Urbanizacion Parque Naciones, Torrevieja

Exclusive opportunity for investors. Due to the current occupancy status of the property, viewings cannot be arranged. This 50 m² residence is available for sale in a coastal town located at the edge of the urban center, offering convenient access to major roadways including the N-332, which can be reached in under four minutes by car. Nearby, you will find a comprehensive range of essential services, such as healthcare centers, pharmacies, restaurants, educational institutions, retail shops, supermarkets, and gas stations. The nearest beach is within a pleasant 13-minute walk.

The property was constructed in 1997 and features a total area of 50 m² distributed across various rooms. It is situated in a residential complex that includes landscaped gardens, sports courts, and a communal swimming pool. With the available services, you can identify the ideal residence that meets your needs while ensuring a sound investment backed by expert advice.

It is important to note that the property is being sold with a tenant in situ and possibly with their right of first refusal. The property will be transferred as follows: (i) as a certain body and at a fixed price, (ii) as a complete and indivisible whole, (iii) in its current registered and cadastral state, (iv) in its existing physical condition and with all legal, urban planning, administrative, licensing, protection, maintenance, and cleanliness aspects as they are, and (v) up to date with any expenses and taxes as required by law from the seller. The purchaser will assume (i) the physical condition and state of conservation, (ii) the urban planning situation, (iii) any discrepancies between the actual physical property and the registered or cadastral status, and (iv) the necessary adjustments to the property’s registration and cadastre.

The property will not be liable for (i) the tenant's solvency or lease conditions, (ii) the state of preservation, (iii) any visible or hidden defects, (iv) registration or cadastral regularization, (v) any boundary discrepancies, (vi) obligations regarding the habitability certificate for the property, unless mandated by the relevant Community, and (vii) any costs, expenses, fees, taxes, or tributes arising from the aforementioned. If legal action has been initiated against the tenant by the property at the time of sale, the buyer may stand in for the property in said legal proceedings, but cannot claim any amount from the property as a result, except for attorney and representation fees accrued up until the transfer, which will remain the responsibility of the buyer.

The current state of occupation and any related restrictions will impede the following: (i) the official appraisal as mandated by relevant regulations, which means that while the occupancy condition prevails, the property cannot be mortgaged. Thus, refinancing of this type of property will require alternative guarantees if financing is sought, and (ii) obtaining the energy efficiency certificate by the property. If the property has not retained any deposits or guarantees established in the lease agreement, having not been the initial landlord, the buyer will release the property from the obligation to provide such guarantees. The sale price of this property has been established based on the aforementioned circumstances, which have resulted in a lower value that must be expressly accepted by the buyer during the formal transaction process. It is advisable for the buyer to seek professional counsel.