Townhouse for sale in Chozas de Canales

The property is illegally occupied by third parties and lacks properly contracted utilities. The property will be transferred: (i) as a specific, fixed-price unit; (ii) as a whole, inseparable; (iii) in its current registered and cadastral state; (iv) in its current physical, legal, urban planning, administrative, licensing, protection, conservation, and cleanliness condition; (v) with all expenses and taxes legally due from the Seller paid; and (vi) without any services or utilities. The Buyer will assume (i) the physical condition and state of conservation; (ii) the urban planning status; (iii) any discrepancies between the physical reality and the registered and cadastral records or in the property’s area; (iv) the necessary registration and cadastral adjustments to the property; and (v) all procedures required to obtain legal possession of the property. The Owner shall not be liable for (i) the state of repair, (ii) any visible or apparent defects, (iii) the regularization of the property registration or cadastral records, (iv) any discrepancies in size that may exist, (v) the responsibility for obtaining the occupancy certificate for the Property, unless its delivery is mandatory in the Autonomous Community where the Property is located, and (vi) any costs, expenses, fees, tariffs, or taxes arising from the foregoing. If, as of the date of sale, the Owner has filed a lawsuit regarding the occupancy, the purchaser may be subrogated to said lawsuit and may not claim any amount from the Owner as a consequence, except for the attorneys’ and court agents’ fees accrued up to the date of the transfer, which, in any case, shall be borne by the purchaser. If, as of the date of sale, the Owner has filed a criminal complaint that is pending, the sale shall be communicated to the Court, and the Owner shall withdraw from the proceedings as a private prosecutor. The occupancy status and/or any impediments preventing free access to the property by technicians would preclude: i) its official valuation as required by Order ECO/805/2003 of March 27, meaning that the property, while the occupancy status persists, cannot be mortgaged, and consequently, mortgage financing cannot be obtained for this type of property, whose acquisition will require other types of guarantees if financing is sought; and ii) the owner obtaining the energy efficiency certificate. The sale price of this property has been determined based on the aforementioned circumstances, which have resulted in a lower value, and which must be expressly accepted by the buyer upon formalizing the transfer of the property. It is recommended that the buyer obtain professional and legal advice before making a purchase decision.