About this property
Opportunity for investors only. The asset is occupied by a person without legal title. Due to the occupational status of the asset, visits to it cannot be made. 99 m² apartments located in Arrecife, Las Palmas. These are 2 apartments of 99 m² distributed in several rooms. They are located in the urban center of the town, with good access via nearby main roads. It has urban and interurban bus services and direct connections to the LZ-3 road. In the area, there are supermarkets, restaurants, sports facilities, educational centers, and bank offices. They are also close to the Doctor José Molina Orosa Hospital, the Port of Arrecife, and Playa del Reducto. With our services, you will be able to find the apartment you need and secure your investment with the best specialized advice. Start right now by requesting more information. A representative close to you will assist you personally. - The property is illegally occupied by third parties and without properly contracted utilities. The Property will be transferred: (i) as a certain body and at a lump sum (ii) as a whole, inseparable (iii) in the registry and cadastral state in which it is found (iv) in the physical, quality, legal, urban, administrative, licensing, protection, conservation, and cleaning state in which it is found (v) up to date with expenses and taxes that by Law correspond to the Seller and (vi) without provision of services and supplies. The Acquirer will assume (i) the physical situation and state of conservation (ii) the urban situation (iii) the discrepancies between the physical reality and the registry and cadastral reality or in the capacity of the Property (iv) the registry and cadastral adequacy of the Property and (v) the procedures that entail obtaining the Judicial Possession of the Property. The Property will not be responsible for (i) the state of conservation (ii) visible and apparent defects (iii) registry or cadastral regularization (iv) discrepancies in capacity that may exist (v) responsibility for obtaining the certificate of occupancy of the Property, unless its delivery is mandatory in the Autonomous Community where the Property is located and (vi) any costs, expenses, fees, tariffs, or taxes derived from the above. If at the date of sale, the Property has legally sued for the occupation, the acquirer could be subrogated in said lawsuit, not being able to claim any amount from the Property as a result thereof, except for the fees of lawyers and solicitors that have accrued up to the date of the transfer, which, in any case, will be borne by the latter. If on the date of sale, the Property has filed a criminal complaint that is in progress, the sale will be communicated to the Court, with the Property withdrawing from the proceedings as a private prosecutor. The state of occupation and/or the impediments for the property to be freely visited by technicians would prevent: i) its official appraisal as required by Order ECO/805/2003, of March 27, so the property, while the occupational situation persists, could not be mortgaged, consequently, mortgage financing could not be constituted on this type of property, the acquisition of which will require the granting of other types of guarantees in case financing is requested and ii) the obtaining by the property of the energy efficiency certificate. The sale price of this Property has been determined based on the above circumstances, which have meant a lower value for it, and which must be expressly accepted by the acquirer in the formalization of the transfer of the Property. It is recommended that the buyer obtain professional and legal advice before making the purchase decision.
