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3 bedroom flat for sale

El Escorial, Madrid, Madrid, Spain

£147,429
€169,420
Kalma, Barcelona
PROPERTY TYPE

Flat

BEDROOMS

3

BATHROOMS

2

SIZE

700 sq ft

65 sq m

Description

Are you looking for a unique investment opportunity in El Escorial, Madrid?

Kalma exclusively presents this property under the BARE OWNERSHIP model, an ideal solution for investors seeking long-term returns in a consolidated residential area with high quality of life.

Property information:
-Location: CL Juliana, El Escorial, Madrid
-Size: 65 m²
-Type: Flat
-Condition: Completely renovated apartment
-Year built: 1978
-Other standout features:
*Terrace
*Parking space
*Laundry room
*Community swimming pool

About the area:

Located in El Escorial, one of the most sought-after residential areas in the northwest of Madrid, known for its natural surroundings, tranquility, and high heritage value. A quiet and well-established neighborhood, ideal for enjoying a relaxed lifestyle surrounded by nature.

-Transport: Good road connections to Madrid via the A-6, as well as Cercanías Renfe lines connecting El Escorial with the capital and nearby municipalities.

-Nearby services: Supermarkets, local shops, medical centers, pharmacies, schools, and all essential daily services within close reach.

-Leisure and recreation: Green areas, hiking routes in the Sierra de Guadarrama, sports facilities, restaurants, cafés, and proximity to the Royal Site of San Lorenzo de El Escorial, a UNESCO World Heritage landmark.

An investment with social impact

With this investment, the current owner-a 78-year-old woman-will retain lifetime usufruct of the property, ensuring her peace of mind and well-being.

At the end of the usufruct, the buyer will obtain full ownership of the property, benefiting from its strong appreciation potential in an area with limited supply and sustained demand.

Financial terms:

-Price: 169,420 Euros

Associated costs:

Paid by the owner:
-Property tax (IBI)
-Extraordinary community fees (if applicable)
-Building insurance

Paid by the usufructuary:
-Ordinary community fees
-Municipal waste collection tax
-Utilities
-Contents insurance

Don't miss this opportunity! Contact Kalma today and our team will provide further details and personalized advice.

Kalma, the best selection of BARE OWNERSHIP properties and other real estate investment opportunities within your reach.

El Escorial, Madrid, Madrid, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Madrid (Barajas)(International)
    29.9 miles

Advice on buying Spanish property

Learn everything you need to know to successfully find and buy a property in Spain.

About Kalma, Barcelona

Kalma specialises in bare ownership (nuda propiedad) solutions for homeowners aged 65 and over.

We help homeowners unlock the value of their property without moving, offering a single upfront payment, lifetime income, or a combination of both, while retaining the right to live in their home for life.

Kalma manages the entire process with a strong focus on transparency, security, and fairness for all parties involved.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Kalma, Barcelona (reference 110537765) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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