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Beautiful 3 bedroom villa in Playa Blanca

 Region: Lanzarote

 Price: EUR € 75 000

 Bedrooms: 3

 Property Type: Villa

 Development State: Developed


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Features: Garden, Pool, Parking
Amenities: Shops, Bars & Restaurants, Near Town
Description:
25% share with 3 other owners of a beautiful detached luxury 3 bedroom villa in Playa Blanca. This villa is on the rental market already (with its own site) and has incredible income.

Features

Detached luxury two story villa
Fully fitted modern kitchen
3 Bedrooms, 2 Bathrooms
Heated pool
Walled and gated
Mature gardens
Private parking
Within walking distance to beach and shops
Unspoiled sea and mountain views
£60,000 + £7,200 (€75,000 + €9,000) taxes and buying costs (aprox.)

Situated on a palm tree lined road, this beautiful detached luxury 3 bedroom villa in Playa Blanca is within a short walking distance to all amenities and the beach. This two story villa consists of a large living/dining room with leather sofas, dining table satellite and LCD flat screen TV. The up stairs consists of two bedrooms and two bathrooms, one en-suit, with bath, shower, bidet and toilet. The second bathroom also has a bath, shower, bidet and toilet. Both bedrooms have balconies with views over the pool, mountains and the sea. There is a third bedroom on the ground floor and a toilet. The kitchen is well equipped with a 4 ringed ceramic hob, oven, microwave, fridge freezer and dishwasher. A separate utility room has the boiler, clothes dryer and washing machine. The property is walled and gated with private parking and landscaped mature gardens. The private heated swimming pool is surrounded with a large terrace which has outside lighting and a barbeque area.

All of this can be yours for as little as £20,160 (€25 200) deposit when buying with our new own quarter concept.

Ownquarter means exactly that. Own one quarter of the freehold property with three others. With the soaring costs of property it has started to become the way forward for Europeans as an affordable way to purchase their holiday home abroad, to get a footing in the property market and as a sound investment for the future. The biggest disappointment to most owners who have purchased a holiday home abroad is that they usually only use it for four weeks in the year. It then becomes a liability as it sits vacant for the remainder of the year, a whole 48 weeks, during which time the mortgage and the bills for the upkeep must be paid.
Remember, if you have a quarter share in your property, the annual running costs are carried by four of you and the weeks you do not wish to use can let out so there is no such thing as wasted weeks. From the investment side, you may not want to use the property for your holiday so all weeks can be let out. In today's economic climate where consumers want to make their money work for them, then quarter ownership is a particularly good form of investment.
This 25% ownership in the property will give you 13 weeks of use in the year (always 2 weeks in the summer). Most of our clients use their property for 3 weeks and rent out the property for 6 weeks to friends and family so the holiday savings and rental income between £450 (€560) and £900 (€1125) per week, more than covers the mortgage of £282 (€352), (based on a person aged 40 or younger) and the running costs per month so after the initial deposit the property pays for itself. In fact studies have shown us that more than 80% of our clients make a profit every year. Equally you can sell your 25% share at any time just as you would should you own a complete property. This innovative way of buying has helped many clients not only to have their holiday home abroad but has allowed first time buyers to finally get a foothold on the property ladder. This property can also be bought as half or complete ownership.

To see and understand more of this new concept in property buying, please visit our site, ownquarter.com

We specialise in properties well under bank valuations where small and in some cases no deposit is required and in difficult mortgage cases.

A free inspection package if you buy, max £800 (€1000).


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