Condominium buy in Mijas Andalusia

This is an Equity Release Investment Property. The property is currently valued at €225,000 but our seller is willing to sell it at a 50% discount for a one off payment of €112,500. Please read the proposal at the end of this listing for more details. About this property: Downstairs there is a Lounge and kitchen along with a dining area. Upstairs the property has 2 bedrooms and 1 bathroom with shower. There is a large terrace off bedroom number 2, (approx 7m x 5m) which has great sea views. There is a community swimming pool on site. The property is located in the lovely area of Mijas Costa, only 20km drive from Malaga International Airport and 30km from Marbella. Terms and Conditions: Proposal, the Sale of the Bare property with a Lifetime Usufruct for a one-off payment of 112.500€. 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 rest of your lives or until you enter permanent health care. 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. This is paid from your advance at the Notary on completion. .