Spread the balance over 12 years
No mortgage required.
No interest payable.
Use the rental income to help pay off the balance.
Priced at only €80,000 and payable over 144 months at €555 per month.
There is another 2 beds in the community listed for sale at €124,950 as a regular sale.
2 bedroom apartments in the community rent out for up to £600 per week.
About the apartment:
Ground floor garden apartment.
2 community swimming pools.
The apartment is located in the El Divino complex in the coastal town of Los Alcazares in Murcia.
2 minutes walk to the town square with bars and restaurants.
5 minutes walk to the beach.
20 minutes drive to Cartagena city centre.
30 minutes drive to Murcia city centre.
30 minutes to Murcia Airport.
55 minutes to Alicante Airport.
Why invest in Los Alcazares?:
Property investment in Los Alcazares has become increasingly popular in recent years due to the town’s location, amenities, and attractions. Los Alcazares is a coastal town located in the Murcia region of Spain and enjoys a Mediterranean climate, making it a popular destination for holidaymakers and expats alike. The tourism industry has been driving much of the economic growth in the region with the number of visitors to the area increasing year-on-year.
Los Alcazares’ proximity to the airport, beaches, and other attractions means that it is an ideal location for those looking to purchase a property for investment or holiday use. The town is within easy reach of the cities of Murcia and Cartagena, both of which are popular tourist destinations.
Property investment in Los Alcazares can be a great way to build a profitable portfolio, as the town has a strong rental market. Rental yields are typically higher than in other areas, due to the town’s popularity with tourists.
Los Alcazares Economy:
The tourism industry has been driving much of the economic growth in the region with the number of visitors to the area increasing year-on-year.
The tourism sector accounts for the majority of economic activity in Los Alcazares, and provides a significant number of employment opportunities. Hotels, restaurants and bars provide the bulk of jobs in the area, while other service industries such as retail and transport are also important sources of employment.
In addition to tourism, the local economy also relies on agriculture, the area is known for its citrus fruits and vegetables and the industry provides a source of income for many locals.
The economy in Los Alcazares is also supported by the increasing number of people relocating to the area. This has been driven by a combination of the town's attractive climate and low cost of living. The town is also home to a number of international businesses, which provide a further boost to the local economy.