Apartment in El Raso - Resale

Apartment with garden provided with 3 Bedrooms and 2 Bathrooms, communal swimming pool and underground parking space with storage room.

The homes are also delivered fully furnished and feature a SPA wellness centre, outdoor fitness, mini golf and pétanque court, as well as a social club for owners.

Conditions:

• You can use the apartment yourself for a maximum of four months per year; the remaining months are rented exclusively through a dedicated local rental company, which handles everything from presentation and promotion to bookings and welcoming guests.
• 35% of the rental income goes to the management company, so 65% of the income goes to you.
• A forecast of 5% per year over a period of 10 years has been put forward, depending on rental capacity and the category of the apartment.
• Costs for water consumption, electricity, insurance and municipal taxes still need to be deducted from the 65% yield.

Caution:

The price below, which includes all costs, is incorrect. This purchase falls under the 21% VAT system instead of the 10% VAT system (21% VAT is reclaimable after the deed and will be reimbursed by the Spanish tax authorities!!!) because the property already has a tourist rental license!

If you have any questions about this exceptional investment opportunity, please let us know.