VL628871

5 bedroom House / Villa in Orzola - VL628871

465,000€

House / Villa

Region: Lanzarote

Area: Orzola

Bedrooms: 5

Bathrooms: 2

The entrances are SEPARATE, meaning several families can live there.

Ideal for moving to one of the most sought-after locations in Lanzarote.

It is situated on a narrow street, flanked by other houses belonging to wonderful ‘long-standing’ neighbours.

It has been refurbished since it was first built and has modernised electricity and water pipework.

House 1 It comprises 3 bedrooms, 1 bathroom, a living room-kitchen and an internal terrace. **House 2 Comprises 2 bedrooms, 1 bathroom, a living-dining-kitchen area and a small internal terrace.

(Ref.628871 / RC) Opportunity!

Two houses in one building in Orzola.

A large 150 m² property has been built on the same plot, under the same property number, divided into two spacious houses that retain all the old-world seaside charm.

The houses, featuring the typical architecture of coastal family homes from that era, comprise of two storeys.

For many years, the property served as the summer residence of a typical family from Lanzarote.

There are 2 options for completing the purchase to make it easier to live in one of the most sought-after locations in Lanzarote : 1 – PURCHASE directly and you can let out both houses (for investors) or live in one and let out the other, whilst paying the mortgage 2 – RENTAL with an option to buy: BY PAYING a 10% deposit (€46,500) and paying rent of €1,950/month (utilities not included), you can move in NOW!

You have a further 18 months to complete the purchase and sign at the notary’s office.

The rent paid will be deducted from the final price.

Orzola is a charming coastal village in the North of the island.

Fresh air, sea views and a small port with daily ferries to the island of La Graciosa.