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Me! Me! Me has been Cut! Cut! Cut!! This fairly large, newly renovated, country house will be in immaculate condition once the rubble has been cleared! This cheap casa would make an excellent investment and is located in the beautiful countryside of Montefrio, Granada. This 2 story property has a built area of roughly 120 m2 and includes the following accommodation: Three bedrooms Two bathrooms Living room Empty kitchen Pantry In some rooms the builder has left the original, rustic stone walls. Throughout the interior are rustic ceiling beams. Outside you have a large plot of land measuring approximately 3,000 m2 with tons of space for a swimming pool. There is plenty off road parking space Electricity has been connected. Mains water is due to be connected within the next few months. Surrounding the house are magnificent views of Montefrio countryside and mountains. Montefrios historic town is under a 10 minute drive away and its where you will find all amenities, public transport links, medical facilities and much more. Granada airport is located 40 minutes away. FINANCE. There are 2 options. 1. The seller is aware of the difficulties clients are facing in getting finance so he is offering owner financing to prospective purchasers. Normally he would like a down payment of 50% but this and the term are both subject to negotiation. The advantages of this option include 1.1 No arrangement fee (typically 1% of the loan) 1.2 No valuation fees (typically several hundred Euros) 1.3 The loan is guaranteed without you proving income etc. so no accountants fees or paperwork. 1.4 No early redemption fee. 1.5 An extended term (period to be agreed) fixed interest rate should be possible so you can budget better. 1.6 The loan can be transferable. In other words, should you sell the lender will agree in principal to the loan being passed on to a new buyer should you sell. You will still have to pay lawyers, notary and land registry fees and mortgage tax. Whether or not you borrow from the seller or a bank your home is at risk if you dot make the payments! In fact a private lender may be less flexible and in more of a hurry to pursue you if you get into arrears! After all for them it is personal! So, as with any loan you need to be sure you can afford it. Clearly all sellers would rather have cash on the nail but in these credit crunch times this is an intelligent, flexible and cheap alternative. 2. Alternatively Staged Payments would be possible. The balance of the purchase price to be paid in instalments over an agreed period. This would be ideal if you had investments maturing in months or even a few years. Get in touch to discuss these options in more detail. For more properties in Montefrio Click Here For all of our properties in Granada please Click Here This property is a Country House for sale.
Other Details: Number of Bedrooms: 3, Number of Bathrooms: 1
* Price: 87,000 EUR (~ $ 98,762 USD)
Date & Time Listed: 2013-07-20 01:55:07 GMT
For more details about this listing please click here to access the webpage provided by listing owner.
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Lingfield Park Marri... Hotel ~ 0,428 km
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Tickle International Property (Real Estate Agent) from Uruguay
About Tickle International Property
Real estate agents with property for sale in Spain, Uruguay and Brazil. "We only sell where we would buy".