House/Detached house For sale Torreblanca del Sol, Fuengirola

  • 283,500 € Ref. D04-090326
  • 4 Rooms
  • 6 Bathrooms
  • 255m²

Investment Opportunity:
Credit Assignment with Mortgage Guarantee in Fuengirola, Torreblanca.

ATTENTION INVESTORS:
Asset generating profitability through NPL (Non-Performing Loans) credit assignment.

The creditor position of a loan with a mortgage guarantee on a property located in Fuengirola is being offered for sale.

A detached villa is offered in the exclusive urbanization of Torreblanca, in Fuengirola, Malaga. The property is located in a quiet and established residential area, well-connected and close to services, schools, shops, and a few minutes from the beach, with easy access to the highway connecting to the rest of the Costa del Sol.
The villa has an approximate area of 545 m², and is distributed over three floors:
The semi-basement has two bedrooms, each with an independent bathroom, as well as a living room, with an approximate constructed area of 70 m².
On the ground floor, we find a hallway and passageways connecting two bedrooms, each with an independent bathroom, an additional bathroom, and a porch, with approximately 83 m² built plus a 13 m² porch.
The upper floor includes an entrance hall, kitchen, toilet, pantry, passageways, and a spacious living-dining room, with about 97 m² built.
The rest of the plot is allocated to access areas, garden, and swimming pool, offering privacy and pleasant outdoor spaces.

Asset Type: Housing.
Property Price Valuation: €573,000.
Auction/Appraisal Value: €585,456.
Total Claimed Debt: €277,985.
Procedural Status: Request Auction.

Credit Sale: The right to collect and the mortgage guarantee are transferred. The buyer subrogates into the position of the current creditor.

No Possession: The property cannot be visited. The acquisition of physical possession will depend on the completion of the judicial proceedings.

Cash Operation: It is not possible to finance this purchase through a conventional bank mortgage.

Advantages: Acquisition at a significant discount on market value. Ideal for investors specializing in the management of foreclosed assets (REOs) or debt recovery.

LEGAL NOTICE: The information provided is for informational purposes only. It is recommended to conduct legal and procedural due diligence before finalizing the transaction.

We have a wide portfolio of NPL, CDR, and REO properties throughout Spain.

    Specific characteristics

    • 255 m2 constructed
    • 4 rooms
    • 6 Bathrooms
    • Plot 545 m2
    • Terrace
    • Parking place
    • Second hand/Needs renovating
    • Storage room

    Building

    • Energy Performance Certificate E

    Equipment

    • Swimming pool
    • Green area