Sale of apartment in Calle Jacarilla, Alicante / Alacant

This opportunity is available exclusively for investors. The property is currently occupied by an individual without proper title, and as such, visits cannot be conducted. This resale property, which requires renovations, is located in a prime area near a local park and covers an area of 63 m². It comprises three bedrooms, a furnished kitchen, a living room, and a bathroom. Situated on the ground floor of a residential building with a communal courtyard, it benefits from a wide array of nearby services, including local shops, dining options, a university hospital, and grocery stores.

The property offers excellent transportation links via both public transit and private vehicles. With specialized services available, prospective buyers can locate the right property while ensuring their investment is secured through expert advice. Interested parties are encouraged to request further information, as a dedicated representative will be available to assist personally.

It is important to note that the property is occupied unlawfully, lacking essential services and utilities. The transfer of the property will occur: (i) in its as-is condition, (ii) as a whole and inseparable unit, (iii) based on its current registration and cadastral status, (iv) in its existing physical state, including quality and legal, urban planning, and conservation aspects, and (v) free from any outstanding fees or taxes attributable to the seller.

The buyer will assume full responsibility for (i) the physical condition and conservation status of the property, (ii) urban planning issues, (iii) any discrepancies between the physical conditions and the registered status or area of the property, (iv) necessary adjustments to the registration or cadastre, and (v) the processes required for obtaining judicial possession of the property. The seller will not be liable for (i) the condition of the property, (ii) any visible or latent defects, (iii) any registration or cadastre irregularities, (iv) discrepancies in area, (v) the responsibility for obtaining a habitation certificate unless mandated by local regulations, or (vi) any costs or expenses arising from these issues.

If, at the time of sale, judicial action has been initiated regarding the unlawful occupation, the buyer may join the existing legal proceedings, but cannot seek compensation from the seller aside from attorney and legal fees accrued up to the time of transfer, which will be the buyer's responsibility. Moreover, if the seller has filed a criminal complaint that is ongoing, the court will be notified of the sale, with the seller being removed from the case as a party in the accusation.

The current occupation status and any restrictions on unrestricted access for inspections will hinder the official appraisal of the property, as mandated by relevant regulations. Consequently, while the occupancy issue persists, it will not be possible to secure a mortgage. Alternative guarantees will be required for financing requests, and the seller will also be unable to obtain an energy efficiency certificate.

The asking price has been set considering the aforementioned circumstances, which have resulted in a devaluation of the property. Prospective buyers are advised to seek professional and legal counsel before making a purchasing decision, especially considering the illegal occupation status and lack of provided utilities.