€ 117,000
Townhouse for sale in Los Dolses, Orihuela, Alicante
- 3
- 2
- 137 m2
For sale is the bare ownership of this lovely Town House in Los Dolses, Orihuela Costa, Alicante.
The current owners, Male 75 and Female 76, will have a fixed 10 year usufruct and reserve the right to use and enjoy the property for the next 10 years and then will exit the property. What does this mean? This property offers a unique chance to acquire ownership through nuda propiedad, a concept meaning "bare ownership." Here's how it works:
You purchase a portion of the property's ownership at a discounted price compared to the market value.
This creates two ownership rights: usufruct: the seller retains the right to live in and use the property for 10 years. Bare ownership (nuda propiedad): you acquire ownership of the property itself but cannot occupy it until the usufruct period ends.
Once the usufruct period expires, full ownership, including occupancy rights, will transfer to you.
This approach allows you to invest in the property's future value at a reduced cost, while the seller enjoys continued use of the property. It's a great way to enter the property market or invest for the mid term. About this property: this beautiful townhouse, 3 bed, 2 bath and downstairs toilet, is close to local amenities. You are a stone's throw from Villamartin Golf Course and La Zenia beach & La Zenia Boulevard are within a short drive.
On the ground floor you have a spacious sitting room with double doors out on to a rear balcony which leads into the rear garden.
The kitchen is standalone and has a separate utility room.
From the sitting room, stairs lead you up to the 1st floor.
The 1st floor bedrooms benefit from direct access to a balcony, as you move up one more level, you have a large roof solarium with fantastic views of the surrounding area.
This property also has a large under build currently used for storage.
The community is in the final planning stages of building a new community swimming pool - due to open summer 2025.
Build area - 98m²
Plot - 137m²
Construction year - 1987
Suma - euro 300
Community fees - euro 900
Both buyer and seller benefit from legally sound contracts, officially signed and registered with a Spanish public notary and the Land Registry.
In addition to the purchase price, the buyer pays property transfer tax, notary fees, Land Registry fees, and future annual IBI/Suma tax. The sellers remain responsible for utilities and community fees (if applicable).
Features
- Townhouse
- Bedrooms: 3
- Bathrooms: 2
- Plot: 137 m2
- Energy Efficiency Rating: In Progress