An alternative to traditional investment for those in search of stable and secure long-term profitability.
A Management Company will be in charge of the property purchased, when the owners do not occupy it and, in this way, they will be receiving a continuous rent.
The legal process of purchase is the same as for any other property, but in the formalization of the Deed of Sale before a Notary, the parties sign a Lease Agreement, which terms include:
-Annual income payment, calculated on the purchase price.
-The Management Company will cover the costs of: conservation and maintenance, Community fees, building and contents insurance, civil liability insurance for both, the property and the Owners Community. The Management Company will take care of everything except for the Property Tax payment that must be annually fulfilled by the owner.
-In the purchase process, if the buyer is a Vat taxable person, it is possible to get a Vat and Property Transfer Tax return.
The rent of up to 4.5% index-linked is insured by means of the Lease Agreement of at least 10 years' duration and will be calculated as an annual percentage of the purchase price.
This rent will be updated from the second year of the signature of the Agreement, and calculated on the basis of the evolution of the Cpi with a maximum annual increase of 2%.
With Leaseback your capital increases, while you delegate the operation and maintenance of your property to the leading European company in the sector, which offers you reliability and guarantees a return on your property investment from the first year and in the long term.
Note: This is Not A Time-Sharing system. The investor gets the Full Ownership Of The Property.
104 m² of habitable surface area (1119 sqFt)
This property is not available for sale on our sites now
Price not available
Agency: Engel & Volkers Sotogrande SL (Envolk Trading SL)