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This is an Equity Release property, please read the terms proposed at the end of this listing. Our seller would like to sell this property for a one-off payment of 169.000€ along with rights to live in the house for 5 years. However the exact terms are negociable for the right investor, our seller is looking at offers between 169k and 200k for an Usufuct period of between 3 to 5 years to vacate the property. This property is currently valued at €225,000 so you can grab yourself a bargain if you buy it now. It would be a great investment for anyone planning a future retirement in Spain. About this property: This fabulous three bedroom townhouse is situated within a picturesque development on the Casares Costa. Located just a short walk to the beach, local restaurants, and general amenities (850 metres, 11 minutes walk). Communal facilities in this enclosed and gated community include private parking, two swimming pools and extensive tropical gardens. This is a very 'up and coming' area, with lots of investment being made in local infrastructure such as the seaside paseo, bike parks, dog parks and boardwalks. Situated in a perfect location with the beach just 5 minutes in one direction and the mountains 15 minutes the other way. The property itself offers three bedrooms, plus an unusually large private garden and patio area with plenty of room for a dining table and chairs, as well as several sunloungers. Built over three levels, the ground floor comprises of a bright and airy living room with a fireplace, dining area, and an open plan fully fitted and equipped kitchen and a cloakroom. This level has direct access to the private garden and patio, plus a further patio can be found to the front of the property. The first floor has two double bedrooms and a family bathroom, whilst on the second floor, you find the master bedroom and en suite bathroom. Key features: * Beautiful three bedroom townhouse * Large private garden * Open plan fully fitted kitchen * Open fireplace * Just an 11 minute walk to the beach and amenities * Extensive tropical gardens * Large community swimming pools Terms and Conditions A one-off payment of 169.000€ along with rights to live in the house for 5 years. The new owner will guarantee and maintain the Usufruct. This is a legally binding agreement that you can live in the property, or rent it, free of charge, for the next 5 years. Favourable terms are available to the right investor. these clauses, including both a reduced timeframe for the investor to get full ownership and a small down payment plus easy-to-manage monthly payments, are negotiable when a buyer can prove his financial situation. Expenses for the sale are paid by the buyer except for the "Impuesto Municipal de Plusvalia" (Sales Tax) which is paid by the seller. NOTE: The Plusvalia Municipal is only payable if the selling price is higher than the original purchase Price. Property insurance and IBI are paid by the buyer. The community fees, utility supply costs and content insurance are paid by the seller. The purchase price includes the arrangement commission, which amounts 5% +VAT of the purchase price, with a minimum amount of 5.000€ +VAT. .