Penthouses for Sale in Málaga (Province)

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Penthouse for Sale in Estepona (Málaga)  -  Ref.: JNP10018292

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Penthouse for Sale in Estepona

Price

450,000 €

Metro 2 Built2,980 €

Area

Built151 m2
  • 4 Bedrooms
  • 2 Bathrooms

description

**AUCTION RIGHTS ASSIGNMENT – Available exclusively for cash buyers willing to navigate the court processes.** Discover an extraordinary duplex penthouse located in the prestigious La Resina Golf community, an ideal choice for investors seeking significant appreciation potential. Key Features: - 4 generously-sized bedrooms - 2 modern bathrooms - 3 expansive terraces boasting breathtaking panoramic views of the sea - Well-maintained and in excellent condition **Prime Location:** - Just a short 10-minute drive to Puerto Banús - Only 7 minutes from the vibrant town of Estepona - A mere 2.1 km to the beach, easily accessible by bike This delightful, bright, and spacious residence is situated in a sought-after locale, making it the perfect option for a second home, an investment opportunity, or a family dwelling. **How the Process Works:** 1. **Judicial Auction:** When a property is put up for auction by the court and receives no bids, the creditor, typically a financial institution, may request the property to be awarded to them. 2. **Assignment of Auction Rights:** Before finalizing the adjudication under the creditor's name, the creditor has the option to transfer the auction rights to a third party. This is formalized by an appearance before the Court Clerk, where the new assignee must be present to accept the transfer and make the necessary payment. 3. **Payment and Documentation:** The assignee is responsible for paying the agreed-upon price and providing essential documentation to finalize the transfer. Subsequently, the court will issue a decree confirming the adjudication in favor of the assignee, allowing them to register the property with the Land Registry.

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