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Rent to Buy
Sun Estates Spain
Sun Estates Spain
Sun Estates Spain
Apartment In VillamartinSpain Ref: How it Works
0€
Build:  m² Build: TBAm² Plot: TBAm²
THE NEW WAY TO SELL YOUR PROPERTY FAST WHAT IS A RENT TO BUY IN SPAIN?   A Rent to buy (also known as Rent to Own) is a contractual arrangement where a property is rented for a specific time period agreed between both parties. With the option to purchase  the property for a pre-agreed price during that term. The initial payment and all the rent monies paid during the rental period are removed from the pre-  agreed sales price at the time of purchase at notary. How does a rent to buy in Spain work?  Agree an upfront initial payment and pay (10% of the buy price). Agree a monthly rental amount (all of which will contribute towards the purchase). Agree a sales/purchase price. Agree a term within which to purchase the property. The utility bills and communal fees are paid by the buyer. The Suma is paid by the seller until the property has completed and changed to the buyers name. Sign a contract based on the above agreed amounts. Move into your new home. Buy the property within the agreed term with the deposit and all the rent paid being removed from the pre-agreed purchase price.  In summary, this approach allows buyers to start to buy their new home in Spain with as little as a 10% initial deposit and with interest free set monthly payments during the rental period. The Rent to buy contract can be a private contract between both parties, alternatively, the contract can be notarised   and registered with the land registry, to assist with this we have partnered with independent lawyers Bricio Solicitors.  We have also obtained the support  of various banks to assist our clients in obtaining a mortgage if/when required and if a currency transfer is necessary we also have several Currencies companies to help you get the best rate available. EXAMPLE:Purchase price €100,000 Deposit payable €10,000 Rent over two years at €500 per month equals €12,000 Total paid during the term €22,000 To pay on completion at notary after term = €78,000 plus fees            
Sold
Sun Estates Spain
Sun Estates Spain
Sun Estates Spain
Apartment In VillamartinPau 8 Ref: Sun452
129,950€
Build:  m² Build: TBAm² Plot: TBAm²
Pool
Baths
2
Beds
2
This is a lovely 2 bed 2 bath 1 floor South facing penthouse apartment situated on the Popular Pau 8, Villamartin urbanisationThe owner has just reduced the price from 134,995 to €129,950 for a quick sale and you have the benefit of buying this on the rent to buy scheme, The property is in a gated secure community, a corner apartment and just a few meters away from the communal pool, and is within easy walking distance to Villamartin plaza and local amenities.  Stunning blue flag beaches and various top golf courses are only a short drive away. The apartment consists of an open plan American style kitchen and a bright good size lounge / dining area, utility area, the master bedroom has fitted wardrobes and en-suite shower room, to the   rear of the property there is a further double bedroom with fitted wardrobes and a lovely family bathroom. Externally, it features a sunny terrace with views of the swimming pool, external stairs leading to a private solarium with storage space. Perfect for alfresco dining. The property also benefits from access to a beautiful communal swimming pool, hot and cold air conditioning, off-road communal parking and a private garden and front driveway, there is also a  storage area. The property is to be sold fully furnished including all white good This property is an ideal investment property, suitable for your own residence, lock up and go or holiday rental The property is in an attractive urbanisation within easy reach of all amenities, the property has been well maintained throughout making this the perfect holiday home".
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