Paz Pad

Rincon de la Victoria, Malaga Price: €90,000 Transferable Mortgage Ref: Paz Pad Property Type: Apartment Condition: Fully Restored
1 Bedroom 1 Bathroom 1 Reception

Property Description

This is a UNIQUE OPPORTUNITY to purchase a WELL PRESENTED, MODERN APARTMENT complete with an existing mortgage FOR A MODEST DEPOSIT - WHAT ARE YOU WAITING FOR?
 

The apartment is situated in a private area which is closed to public access, set in well-presented gardens (maintained with the quite cheap community charge) by the pool, open during the summer months or by agreement within the community. Within the garden is also a small privately operated snack bar/restaurant. The entire complex is only 5 minutes’ walk from the beach and 15 minutes by public bus into Malaga town.


Though not the biggest on the Costa del Sol, the apartment is well presented and in good decorative order, having only ever been used for holidays by the current Spanish owners who now live locally. Spanning 42m2, the apartment consists of an open plan area, with American style kitchen (with all the necessary appliances for a holiday), a lounge (with access to the terrace), a bedroom (with fitted wardrobe) and a bathroom. There is ample onsite parking, though the apartment is not allocated a specific bay. This must be seen to be appreciated!


Situated in the popular holiday area of Rincón de la Victoria, just 20 minutes from Malaga airport, the complex is well maintained and has very sensible service costs of:


Community Charge = €46.60 per month.
Rubbish Charge = €89.65 per year.
I.B.I = €145.81 per year.


Rincón de la Victoria is a busy holiday area to the East of Malaga, easily reached by road and public transport from the airport and Malaga town, it is also has a very lively nightlife with many bars and restaurants where you can sit and pass a quiet evening. The beach area is always pleasant and has a number of fish restaurants serving locally caught fish. There is a good commercial centre and ample shops and supermarkets.

 

Here at Andalusia Properties, we specialise in going the extra mile - we're never just here for the sale. We will always stay by your side through every step of the process, including property development and legal formalities, ensuring your absolute satisfaction and peace of mind in your first steps towards your new Spanish adventure!


Details about the Mortgage:

This is with Santander Bank, capital outstanding = €60,774 (as of April 2014), monthly repayments currently stand at €294 per month. The remaining term is 18 years but this can be re-negotiated.

Property Location

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