Property Details
- Property: Duplex (New Build)
- Bedrooms: 2
- Bathrooms: 2
- Receptions: 1
Amuley Mar II - Bank Repossession
This is a great opportunity to buy an Investment property near the Beach. The developer went bust shortly after completing the resort. The bank have now repossesed 18 apartments and are selling 30% undervalue to get their money back quickly. This wont be around for long.
Features
The Amuley Mar complex in Caleta de Fuste is an attractive facility consisting of privately-owned properties with great leisure features. Located 2 minutes walk from the Caleta de Fuste main high street and Just a few minutes’ walk from the gorgeous beach, and also within walking distance of shops, restaurants and bars, the Amuley Mar is ideal for families and couples looking for a relaxing but entertaining holiday home.
Located on the Amuley Mar complex in Caleta de Fuste that hosts a shared pool, 5 minute walk to beach, shops and restaurants.
The house is set out over two levels. On the top floor are two bedrooms (one double & one twin) with the main bathroom. Both bedrooms have balconies. The bathroom has a bath and shower.
The ground floor contains the main living area - the living room and kitchen. These brand new houses only need a fitted kitchen to finish them off.
There is also a garage included which can be converted into an extra bedroom giving them the potential of a three bed roomed property.
The house is in a quiet area but you may hear occasional noise. It has access to a shared swimming pool, a east facing garden, a east facing patio area, a balcony. If you are driving there is private parking and a garage with the outside areas of the house having external lighting.
Caleta de Fuste boasts two crazy golf courses. For those who take their golf a little more seriously, it also has a Championship golf course which held the Spanish Open in 2004. The golf course has an academy as well for those who want practice!
There are a wide variety of watersports available (for example diving, windsurfing, surfing and jet ski's) plus boat trips. Our extra-special resident Harvey can also be found in the harbour and awaits your visit!
The large horseshoe-shaped beach is a must for long lazy days. Many sports can be enjoyed on the beach and you will find volleyball courts and football pitches ready and waiting.
For those of you seeking a rental return on a holiday home a property of this class would fetch a rental income of between £400 and £500/week making this an ideal investment property.
Further details on this townhouse and many more holiday homes to rent at: http://www.gipat.com
The developer sold most of the units from €200,000 (£160,000) before going bust. The bank have priced these at €129,000.00 (£103,000) to sell them quickly so that they cut some of their losses. At this price level the properties are a genuine bargain and we expect to sell all of them within one month of 12/07/2010
For those of you who need financing then the bank will offer up to €110,000.00 finance subject to status. This means that you would only need to find €19,000 plus costs (allow 10% for taxes and fees) of around €12,000. So you could get the keys to this superb home with only €31,000 (£25,000) total spend.
For those of you looking to get back in the Property Investment Game this is not an opportunity to be missed.
In fact the bank has already set the sales completion date and booked the Notary for the September 2010. That is how confident they are that all units will be snapped up. So if you are interested please come back to me immediately.
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