|Habitable space||40 m2|
Great investment opportunity promising 4% APR.
If you are looking for a hassle-free investment, then this one bedroom apartment is perfect for you! Located on the top floor of a smart complex in Matagorda the property offers views over the pool and to the sea. Comprising of an open plan kitchen and living room, one bedroom, bathroom with shower and balcony the property is a perfect holiday retreat.
The apartment is contracted with a management company that guarantees a fixed income of 320 Euros per month, paid on a 6 month basis. The figure is fixed regardless if the apartment is occupied or vacant. The management company looks after the complex and all the payments for water, electrics, community, insurance, laundry and management which are already deducted giving you the final figure above. You can stay in the property when you like but you will not receive the rent whilst you are staying there and a daily charge of 20 Euros will be applied for cleaning, laundry and management. As the property is freehold you are not obligated to sign up with the management company and could use it as a personal holiday home.
This property listing (ref: 1410) is an advertisement supplied by Real Estate Lanzarote and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.