360 Canaries
	Property & Canary Islands Information

Three remaining one bedroom fully furnished apartments reduced for a quick sale.

Ref:4563

Status: For Sale Guide Price €69,500 Location: Puerto del Carmen Type: Apartment Living Areas: Beds: 1 Baths: 1 Floor Area: Plot Area: Email us about this listing Tel: 0034 928 592 385 Costa Teguise / Playa Blanca Lanzarote Canary Islands 35508

Three remaining one bedroom fully furnished apartments reduced for a quick sale. All apartments come turn-key and ready to move into. Finished to the highest specification these apartments are part of a development that has access to great facilities and is ideally located close to the Old town and all the beaches Puerto Del Carmen has to offer. A recent bank valuation valued the apartments at €137,000 but due to the fact all other remaining apartments are sold (and achieving excellent rentals) the last 2 are for sale from refurbished & 69,500€ refurbished.
You get full use of the facilities in Bitacora 1(the holiday complex) which has a mini market, internet, pool bar, adults and kids pool to name but a few.
Maintenance fees are 50€ pcm
Use of a communal swimming pool. Nearby "Bitacora 1" holiday camp facilites, including: Adults and kids Pools Pool bar Restaurant mini market
Payment Terms
We have a refundable reservation fee policy which enables you to hold an apartment for up to 28 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first installment. The reservation fee is only refundable if the client views the property for sale in the development within the 28 day period. Only 10% of your reservation fee is retained by us as an administration charge. We will accept verbal reservations which are valid for 48 hours. The refundable reservation fee is £2,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first installment. After 28 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.

FURTHER COSTS AND FEES
10% Closing fees which covers the following:
• 6.5% transmission tax (Stamp Duty)
• Land registry and Notary fees €650 (not exact but fairly accurate)
• Installation of Electricity and Water meters €400
• Security bond for community and management fees €250
• Local Solicitor (English speaking) €1,000
Property Management
For investors, there is a waiting list of qualified tenants waiting to move in as soon as apartments become available.
You have two options should you wish to rent your apartment:
For long term tenants you can expect a return of approximately €400 to €450 pcm
For short term rentals you can expect €30 per night 6 minute walk (500m) to the main Beach of Puerto Del Carmen.
6 minute walk (500m) to the main promenade.
10 minutes walk to the Old town.
10 minute drive to the Airport.
5 minutes drive to 18 hole Golf course in Tias.

Tearrace

Living area

These details are intended as a guide and do not form part of a contract. Buyers should satisfy themselves as to any information contained therein.

Tel: 0034 928 592 385 | Email: 360canaries@llive.com | Website: http://www.360canaries.com