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Search for an individual house on the coast

The Client instructed to find an individual house on the coast in the province of Valencia or the neighboring province of Castellon bordering with it. Among the market offers of this type of individual housing, we con-sidered three offers of individual houses. The Client chose the individual house with area of about 250 m², including terraces and garage premises, on the land area of 1500 m².

The plot area is located in the pine forest. The distance to the beach is about 150 m.

The photo in the background shows the pine forest on the coast. There is a plot, considered by us, there in it.

The opposite side of the mountain is located above the town of OROPESA, and the photo shows its seaside with the port.

The initial price of the house with the plot amounted to EUR 205,000. In the course of first negotiations we managed to reduce the value of the offer to EUR 168,000.

The detailed study of the building project of the entire residential area, where our house is located, showed that in the future the village will be equipped with infrastructure requiring additional costs from the owner of this plot in the amount of EUR 40,000. These costs are connected with the laying of the centralized sewerage system, water supply, arrangement of lighting of internal roads and parking lots, as well as the arrangement of recreational park for residents of the district. The project is paid partially by the mayor's office and partially by owners of plot areas of this district. It is a practice often used in infrastructure development of districts already established.

However, the Client stopped the deal for possible further reduction of the price. The owners of the plot, their three successors, also decided to postpone the bargain due to internal disagreements on reduction of the price already agreed upon. This is a normal situation, when there are a number of owners in the sale. The seller seeks to increase the price, and the buyer - to reduce.

Thus, the transaction is not completed, although there are prospects for its successful completion. Also, this offer is still remaining open for the simple reason that the Client did not put down the deposit.

If this property will be interesting for visitors of our site, we are ready to consider a new commitment.


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