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32 Albion Street, Birmingham, B1 3EP
£324,900
Bedrooms
Bathrooms
Tourist Apartments with Rental License in Los Narejos, Los Alczares Prime Location in Los Alczares, Murcia Located in the sought-after residential area of Los Narejos in Los Alczares, Murcia, these newly built tourist apartments offer the perfect destination for your holidays. Situated just 1.4 km from the beach, this development combines tranquility with convenient access to essential amenities and leisure activities. Surrounded by golf courses and a wide range of services, this is an exceptional opportunity for investment or personal enjoyment. Modern, Fully Equipped Apartments This exclusive development features eight stylish apartments, each with 3 bedrooms and 2 bathrooms. Designed for modern living, the properties boast spacious terraces, private gardens, or solariums to suit different lifestyle needs. The building also includes a ground-floor commercial space and a stunning rooftop (first floor) swimming pool for relaxation and entertainment. High-Quality Features and Finishes Every apartment comes fully furnished and equipped with the following premium features: Motorized blinds in all rooms. Reinforced front door for added security. Underfloor heating in bathrooms. Fully fitted bathrooms with furniture, towel racks, and shower screens. Integrated air conditioning system for year-round comfort. Exterior and interior lighting. Kitchen appliances included: extractor hood, ceramic hob, oven, refrigerator, dishwasher, microwave, washing machine, and dryer. Additional amenities: toaster, bed linen, and kitchenware. Aerothermal system for energy-efficient hot water supply. Outdoor showers on solariums. Distances to Key Points of Interest Los Narejos Beach: 1.4 km. Roda Golf Club: 1 km. Murcia International Airport: 34 km. Dos Mares Shopping Center: 18 km. Cartagena Port: 30 km. A Profitable Investment Opportunity These tourist apartments come with an active rental license, making them a fantastic option for vacation rentals. Enjoy high demand in a popular holiday destination while benefiting from a well-designed newbuild property. Your Ideal Home Awaits Dont miss the chance to own a fully equipped, modern apartment in the beautiful Los Narejos area. Contact us today for more information or to schedule a visit!)
Built area: 97 m2
Plot area: 57 Lot m2
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
32 Albion Street, Birmingham, B1 3EP
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