Near Valencia 3-5 km in a good forest area is located a nursing home is five stars .

Building 2363 m, on 4950 sq. m., served by 96 Oldies. The building was constructed in 2004 to Bank the money and now the owner can not pay the loan taken .

Preparing the auction .

Assessment of the Bank 5 000 000 euros.

The initial auction price 2 850 000 Euro.

Prior to the auction to buy the Bank debt offer 1800 000, and then proceeds through the auction will go to the new owner .

Ideally, if multiple buyers will bid, the income of the owner after the auction will increase by at least 850000 – 1 000 000 Euro.

If buyers at the auction will not be, the whole residence with 4000 sq. ft. goes to the investor who bought the debt.

The nursing home caters for a company that has a lease with the residence for 20 years, leaving 17 years and pay the Owner 10,000 euros per month. – 120000 Euros per year.

The profitability of 6. 6 % per annum, roughly, in the realization of future income from rents.