There are a considerable number of property owners in Fuerteventura who find themselves over extended and are VERY keen to sell, in many cases at greatly reduced prices. This purpose of this page is to put potential buyers in direct touch with sellers.
There are no fees and no commissions. To add a property you must email us with:-
1 good picture, some text describing the property in general, your contact email and of course how much you will take for the property.
Similar to those below.
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| Expenses involved in selling |
It should be remembered that there are expenses involved in selling a property. At the day of the notary the property will need to be free of debts, which include any debts to lenders, (to that date)
These lenders will also have a clause in the deed that invokes some penalty for early repayment. Depending on the lender this can be anything from 0.5% to 2%. In addition there will also be a fee to cancel the mortgage, this is typically around 600 euros.
For non spanish tax payers here is also a 3% tax retention from the sales prices.
Not forgetting any community fees, water, electricity etc must ALL be paid BEFORE a property sale con be completed.
So in order to sell a property which is financed by borrowing you will need to ensure you can cover these expenses or the sale cannot complete. Finally there is a tax imposed when a property is sold, this tax is known as Plus Valia. It is a very inexact science as to how the ayuntaminetos arrive at individual figures, experience shows that about 1/2 % is fairly typical.
Example:-
A property with a mortgage of 100,000e
3% retention = 3000e
1% early repayment = 1000e
Annul deed = +/- 600e
Plus valia = +/- 500e
Legal representation anything between 200e (with us) to 1500e
In this case a minimum of 105,500e would need to be achieved in a sale.
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Central Caleta, in Caleta garden complex. Studio apartment presently used as holiday rental.
Fully furnished and equipped ready to occupy. New patio doors, some english TV channels
Repainted Feb 2010.
2 x single beds 1 x bed settee which becomes 2 more singles.
Price includes all community fees and council taxes for 2010.
Absolute steal . Mortgage possible, subject to status.
Price 45,000 euros
Contact merlin54@aol.com
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Caleta garden
1 bedroom apartment for sale on 3rd floor, overlooking pool bar, south facing large terrace. Fully furnished and fitted ready for immediate occupation. Presently used as holiday rental. Future booking scan be passed over to new owners, if desired.
85,000 e
more details and contact at
http://www.ownersdirect.co.uk/canaries/c1084.htm
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Las Fuentes Corralejo, 2 bedroom ground floor apartment. Fully furnished. currently has long term tenent, at 400e pcm Can be sold vacant or with existing rental income for investment Pictures below, click an image to enlarge price 100,000 euros contact mikeboldry@googlemail.com
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| Castillo Mar
1 bed duplex with sea view . Fully furnished 1 bed property can sleep up to 4. Beautifully furnished home from home with kitchen fitted with toaster, hob, fridge, TV, washing machine, air-conditioning in bedroom!. in fact everything you need to rent this out for holiday lets. Great access to rocks for fishermen. 10 mins from the main beaches and close to town centre with all bars and restaurants.
99,000E, (OPEN TO OFFERS)
info@milleniumproperty.com
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| Tetir,
new built house, 3 bedrooms 2 bathrooms, perimeter garden walls 1000 sq mtr plot.
With views over countryside and mountains.
Spanish only speaking owner, so contact us for more info and to view
210,000 Euros.
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BUILDING PLOT. TETIR
1000 sq mtr building plot with outline permission to build 1 house of up to 250 sq mtrs
Views over countryside and mountains. 10 min drive to Puerto del Rosario.
Water and electricity at entrance. Local builder on hand to assist if required.
Owner speaks Spanish only. Contact us for more info & viewing.
70,000 euros
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