Investment opportunity — property available via assignment of auction with possession

Description

REF: 01620 RED ORIOL INMOBILIARIA presents this exceptional investment opportunity in the town centre of Orihuela. This is a property in the Assignment of Auction stage, but with the added value of already having effective possession of the property.

This combination allows you to acquire the asset at a price significantly below market value, eliminating the main barrier of this type of transaction: waiting for the eviction or taking of possession.

Technical Description of the Property

As recorded in the Land Registry of Orihuela No. 1:

Flat: 2nd floor without a lift in Orihuela.

Layout: Comprising an entrance hall, dining room, kitchen, three bedrooms, bathroom and pantry. Entirely exterior-facing

Investment Status

Legal Status: The property is subject to mortgage foreclosure proceedings by the Court of First Instance No. 3 of Orihuela.

Possession: Property WITH POSSESSION, which facilitates the future management of the asset once the certificate of adjudication is obtained.

Why invest in this Assignment of Auction?

Profit Margin: Acquisition below market value as it is a judicial proceeding.

Security: Unlike other assignments, possession is already held here, reducing timeframes and legal risks.

Consolidated Location: Property located in an area with high rental demand in Orihuela, ideal for investors seeking immediate yield following the final adjudication.

Information for the investor: As an assignment of auction, cash funds are required, as these types of transactions do not permit immediate mortgage financing. The transaction is formalised by stepping into the position of the winning bidder before the Court.

Note: Agency Registered with No. 0995 in the Mandatory Register of Estate Agents of the Comunitat Valenciana, verifiable on the Generalitat Valenciana website.

The offer is subject to price changes or withdrawal from the market without prior notice. The information contained in this advertisement is provided for informational purposes only and is non-contractual; the details, descriptions, surface areas, images and any other content thereof may be subject to errors or omissions as they are provided by third parties.

The advertised sale price does not include estate agency fees, nor legally applicable taxes (VAT or Property Transfer Tax), nor the costs arising from the sale, such as notary, registry and administrative fees, nor any derived from financing, should it exist.

By express mandate of the owner, this property is marketed exclusively, ensuring that interested parties have full access to information and a professional, transparent service free from third-party interference. Please do not disturb the owner, the occupants of the property or the neighbours.