This is a fantastic opportunity to own a 3 bedroom villa on the established El Valle Golf Resort for ONLY 169,100euros!
Normally this villa type would be priced over 230,000euros, so this bank repossessed property offers outstanding value for money.
As you would expect from a bank repossession there are some additional costs required to bring the property up to a good standard. We have estimated a budget in the region of 15 – 20,000euros would bring this property back to its original condition and this cost would cover the following major items within the scope of works:
Not only are you saving 60,000euros from the normal purchase price of a similar villa but also a further 5000euros in tax by purchasing a lower priced property.
These figures show an overall saving of around 50,000euros after work is completed!!!
We also have builders on-site ready to start work and they will have the property ready to enjoy during 2021.
The villa is located on a one way street and has the benefit of being WEST facing. This orientation is the most sought after as it allows the owner to relax in the afternoon and evening sun.
The property is the standard 3 bedroom villa Alcor however, many owners have upgraded these villas over the years. Due to the property layout and plot size, owners have been able to take advantage of this space and have extended to create 4th bedrooms, garages, larger kitchens or separate dining rooms.
Community fees on El Valle are also very reasonable in comparison to other Resorts. This 3 bedroom property with private pool will have a community fee of approx 160euros per month.
If you have been considering an upgrade to a 3 bedroom detached villa or looking for an investment opportunity, this villa could provide the answer.
For more information, photos & videos please contact us and we will do our best to answer any and all of your questions.