VILLA FOR SALE IN BARE OWNERSHIP – RARE INVESTMENT OPPORTUNITY NEAR PORTO-VECCHIO
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bathrooms
2
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area
135 m2
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bedrooms
2
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land
2700 m2
Presentation of the property : House 4 rooms for sale in SOTTA
INVESTMENT AT APPROXIMATELY 60% OF ITS VALUE Near Sotta, just 10 minutes from Porto-Vecchio and 10 minutes from Figari airport, discover a rare investment opportunity: acquire the bare ownership of a villa with a swimming pool in one of the most sought-after areas of South Corsica.
This single-story villa of approximately 135 m² is situated in the heart of a magnificent, fully fenced, wooded plot of approximately 2,500 m².
It offers two bedrooms with en-suite bathrooms, a spacious living/dining room with an open fireplace, and a semi-open kitchen.
The living areas open directly onto the terrace and garden. Outside, everything invites you to enjoy the good life: a secluded swimming pool, a summer kitchen, a pétanque court, and a landscaped garden, all in a protected environment.
A HERITAGE INVESTMENT AT A SIGNIFICANT DISCOUNT
The market value of the property in full ownership is estimated at €850,000.
As part of this sale of the bare ownership with retained occupancy, the 72-year-old owner retains the right of usufruct.
The buyer thus benefits from a significant discount and invests approximately 60% of the property's value, or roughly €510,000 according to the final terms of the transaction.
The buyer thus builds a quality real estate portfolio in the Porto-Vecchio area without having to immediately finance the full value of the property. A PARTICULARLY RARE ADVANTAGE: buyers will also be able to use the house for one month per year, specifically 15 days during the summer and 15 days at another time of year, according to occupancy terms defined with the owner and formalized legally.
This is a particularly attractive option for preparing a future second home in Corsica, while benefiting from a significant discount on the purchase price.
A true gem of a property in the immediate vicinity of Porto-Vecchio and Figari.
A complete file, analysis of the bare ownership, and terms of the transaction are available upon request. Agency fees are payable by the buyer, amounting to 4.00% including VAT of the price excluding fees.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.
** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!
Additional information :
Total price including fees 498 000 €Price excluding fees 464 000 €
Fees payable by the buyer are 4% all taxes included
Location of the property : House 135 m2 for sale in SOTTA
Features of this property :
| 340 932 485 266 | |
| 2 | |
| 4 | |
| 135 m² | |
| 2 700 m² | |
| 2 | |
| 2008 |
| Air Conditioning | |
| yes | |
| yes | |
| yes | |
| yes |
| 498 000 € | |
| BareOwnership | |
| 1 | |
| 72 |
Capifrance advisor in charge of this property
To obtain a mortgage, it is necessary to compile a loan application file with a bank or a credit institution. The conditions for granting a loan generally include a personal contribution, job stability, a reasonable debt-to-income ratio, and a good repayment capacity. It is advisable to compare offers from different institutions to get the best terms.
In addition to the purchase price of the property, several additional costs should be anticipated, such as notary fees (approximately 7 to 8% of the sale price for an older property), agent fees, loan application fees, insurance, as well as potential renovation or furnishing costs.
The difference between a sales agreement and a sales promise lies mainly in the commitment of the parties and the consequences in case of non-compliance with the terms of the contract.
Sales agreement: Strong mutual commitment between both parties. If one party withdraws, the other can demand the forced execution of the property sale.
Sales promise: Unilateral commitment from the seller. The buyer has the option to purchase or not, with a reservation fee in case of non-purchase.
. Contact a Real Estate Advisor
Express your interest in the property for sale.
. Propose a Price and Purchase Conditions
Indicate the offered price and conditions (timeline, contingencies, etc.).
. Wait for the Seller's Response
The seller can accept, reject, or propose a counteroffer.
. Formalize the Sale
If the offer is accepted, sign a sales agreement and verify the legal documents.
Finalize your financing if necessary.
Sign the deed of sale at the notary's office to officially become the owner.
These steps will help you secure and successfully complete your real estate purchase.
Do you need advice for your real estate project? Contact a Capifrance advisor