Granada, Andalusia

PROPERTY FOR INVESTORS ONLY. PREMISES OCCUPIED BY THIRD PARTIES WITHOUT TITLE DEED. PURCHASE WITHOUT FINANCING.Apartment located in the city of Granada, in the Realejo neighborhood. The house has a built area of 60m2. The property is located in a prime residential area with good communications due to its proximity to a large avenue and five minutes from the beltway. - The property has been acquired through a judicial procedure (bankruptcy or mortgage) by the seller, who has not yet taken possession of it. The Property is transferred without the Seller knowing the current state of conservation, nor its occupational, lease, service and supply situation. The Property will be transferred: (i) as a certain body and at a flat rate (ii) as a whole, inseparable (iii) in the registry and cadastral state in which it is found (iv) in the physical, legal, urban, administrative, license, 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 Purchaser shall 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 Inmueble.La Property shall not be liable for: (i) state of conservation (ii) the defects seen and apparent (iii) the registry or cadastral regularization (iv) the discrepancies of space, which may exist (v) any responsibility in obtaining the certificate of occupancy of the Property, unless in the Autonomous Community where the Property is located its delivery is mandatory and (vi) any costs, expenses, fees, tariffs or taxes derived from the above. The state of occupation and/or the impediments to the property being freely visited by the technicians would prevent: i) its official valuation as required by Order ECO/805/2003, of 27 March, so that the property, as long as the occupational situation lasts, 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 the event of financing being requested and ii) the obtaining by the owner of the energy efficiency certificate. The sale price of this Property has been determined based on the above circumstances, which have led to a lower value of the same, and which must be expressly accepted by the purchaser 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.