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€475,000  Business Marbella

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  • €475,000
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  • 3 bedrooms
  • Business  3 bedrooms
  • For Sale 
  • Marbella
  • spain Flag Spain
Business opportunity

A new an exciting business opportunity is available now in Spain, a company based in Marbella operating under the

name of Hallyway investments Sl is looking to dispose of its assets following the recent slump in Spain`s property market.

The company which was founded five years ago by four Italian investors, owns property both in popular Marbella Village,

Sifasa development on the Santa Maria Golf resort and in the virgin resort of Casares Del Sol near Estapona . The Partners

who are now of retirement age, have no desire to wait out the current dip in the property market and have opted to sell. The

Ideal purchaser would be a private investor looking to increase his or her property portfolio, the properties in question

are listed Below with their original purchase prices, outstanding mortgages and potential rental yields .

. Marbella

Sifasa Development.

2 Bed 2 Bath appt. Purchase PRICE 417.000EURO inc of vat. Capital invested in this property

133.296,64 Euro. Mortgage outstanding 284.442,11 Euro. Currently not let. Yield 750.00 Euro per calendar month.

UNFURNISHED

3BED 3BATH purchase PRICE 438.000 EURO inc of vat. Capital invested 127.826.21 Euro Mortgage outstanding

310.207,54 Euro. Currently let on 18month lease at 800.00 Euro per calendar month. UNFURNISHED

Casares Del Sol

Purchase

2BED 2BATH Appt . Price 242.000 EURO inc
vat. Capital invested in this property 114.296.00 ro Mortgage

outstanding 127.484.00. Euro Currently not let. Yield approx 650.00 Euro per calendar month UNFURNISHED

2BED 2BATH

Appt Purchase Price 200.000EURO inc
vat. vat. Capital invested in this property 94.848.00. Euro Mortgage outstanding

105.792.00 Euro Currently not let. Yield approx 650.00 Euro per calendar month UNFURNISHED.

Given the information

above The Company Hallyway Investments SL is proposing that the interested investor be prepared to pay the Partners a sum

of 475.000Euros and to take on the responsibility for the repayments of the current outstanding mortgages on the four

properties. Mortgages which have already been arranged and signed for by this company. In effect the new investor can if

he/she desires continue as Hallyway investments Sl or have the Mortgages transferred into a preferred named society. It may

however be prudent to retain the name as all details regarding Financing pertaining to the properties are registered under

that name. and SPANISH BEUROCARCY IN THESE CASES CAN BE DIFFICULT TO NEOGTIATE..

If interested you can contact me

Erica Bolger at ehbolger eircom , or phone  -(Phone number)- .
N.b The company would be open to discussing offers.
Business opportunity

A new an exciting business opportunity is available now in Spain, a company based in Marbella operating under the

name of Hallyway investments Sl is looking to dispose of its assets following the recent slump in Spain`s property market.

The company which was founded five years ago by four Italian investors,...
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