This property has become a popular rental apartment since the owner returned to the U.K. achieving 300 per week which would help cover the mortgage should the new owner wish to rent it out. A 40 year old client with a 15000 Euros deposit (which includes the buying costs) would have a mortgage of 354 Euros per month based on a 30 year term but with rental return it will not take many weeks for the property to be self financing.

An added bonus is that the property is in Puerto del Carmen, the main tourist area on the island, close to the airport and all the attractions.

The property consists of an integrated lounge/dining room and kitchen. It has a separate bedroom with built in wardrobe and a separate bathroom with bath and shower. To the front of the property is the patio area which is accessed through glass sliding doors.



Ownquarter, Lanzacasas are now dealing with all the major banks on the island that have property repossessions. As the banks are keen to sell these properties, they are offering between ninety and one hundred percent mortgages. If you are able to complete the purchase within eight weeks then please enquire for a list of the repossessions. However if you are unable to complete within the eight weeks the properties will have been sold. Please send your details to allow us to update your list daily. Lists will only be sent to enquiries with telephone numbers.



Ownquarter, Lanzacasas also specialise in bargain properties well under market value and can normally obtain mortgages for difficult cases.



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