Alhaurín el Grande Plot for sale DESR31810

Alhaurín el Grande Plot

DESR31810 €210,000

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Full Details

Ref. B360. The plot itself is 1380.49sqm exactly. It comprises of : 3 x 200sqm, each one let for ?300 per month and 1 x 250sqm with its own entrance, let for ?350 per month. The income at present is ?1250 per month. Each pitch has its own utility unit with toilet, shower, washing machine and storage area and each pitch has its own electric sub-meter. All four of the pitches are currently occupied and let on long term renewable contracts with a 5% yearly increase in the rental price. Each tenant also takes full responsibility for the maintenance and upkeep of their own pitch and utility unit (written into the contracts) and we retain a one months security deposit from each tenant. Also on the plot are 2 x 1 bedroom cottages of 30sqm each. 1 is brick built and the other is a prefab. Both are fully furnished and in good condition. They are both unoccupied at present because it was felt that any future owner may want to live in one or the other or let both of them out. They have been rented in the past for ?350 each per month. The tenants are all retired couples and the site is run on a ?no dogs or children? policy to try and maintain the peace and quiet. Each tenant has a key to the gate and they all make sure that the gate is closed and locked when no-one is there. Two of the tenants live in Wales but keep their caravans permanently on site. They fly out three times a year for their holidays. The third tenant lives in the nearby village of Monda and also keeps his caravan on site which they use at weekends and now and then on public holidays and the fourth couple live there permanently. The two couples from Wales pay their rent six-monthly in advance with the other two paying monthly in advance. The two couples from Wales pay the rent directly into the owners bank via a bank transfer and the other two pay cash. The main electric meter is read by the electric company every two months and then the sub-meters are read and each tenant billed accordingly. The water is from a well which is used by the whole community and there is a ten year renewable contract for the use of the well. The owners are charged ?43 euros every three months for the maintenance of the pump, filters and the electric cost of running the pump. This maintenance is carried out by a neighbour and the cost is passed onto the tenants at a cost of ?10 each, payable every three months. There is also a ?50 PER YEAR community charge (the plot is one of eight). The community consists of 4 Spanish owners and 4 English owners and of the 8 owners only 4 live there permanently. The community is fully registered and the owners pay their community charge on or before the end of March every year. The community charge is then used as and when necessary for the upkeep of the lane, etc. The plot is well maintained with many established palms, trees and shrubs. It is fully gravelled, fenced and gated. There is a postal service to the plot and it is within walking distance of the village of Villafranco where you can find buses to nearby Alhaurin el Grande and Malaga. The village also has a supermarket, hardware store, butchers, bakery, bars, restaurants, and primary school. Malaga airport is 20-30 minutes away depending on the time of day and the traffic. The motorway access is 2km away and when the new motorway is finished (scheduled for completion in August this year) it will cut the traveling time to Malaga down to about 15 minutes. There is broadband wireless internet installed on the plot with each tenant arranging and paying for the internet access directly with the internet provider. There is also satellite TV, both Astra and SKY for both of the cottages and 1 of the pitches. The other tenants have their own installations.

0 bedrooms

0 bathrooms

1380 m² garden

0 m² terrace

0 m² built

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