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Santa Cruz de Tenerife, Tenerife, Canary Islands, Spain

£94,002
€108,874
Kalma, Barcelona
PROPERTY TYPE

Flat

BEDROOMS

3

BATHROOMS

1

SIZE

936 sq ft

87 sq m

Description

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Are you looking for a unique investment opportunity in Santa Cruz de Tenerife?

Kalma exclusively presents this property under the BARE OWNERSHIP model, an ideal solution for investors seeking long-term returns in one of the most attractive areas of the Canary Islands.

Property information:
-Location: Av. Islas Canarias, Santa Cruz de Tenerife
-Type: Flat
-Size: 87 m²
-Year built: 1950
-Condition: Well maintained
-Other standout features: Interior patio providing additional light and ventilation

This 87 m² flat offers a functional layout and great potential in a consolidated residential area of the city. Its interior patio is a valuable feature, enhancing natural airflow and brightness-highly appreciated in urban properties.

About the area:

-Located on Av. Islas Canarias, in Santa Cruz de Tenerife, a well-connected and established residential area, ideal for both living and long-term investment.

-Transport: Excellent public transport connections, easy access to main roads, and convenient links to the city center and other parts of the island.

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

-Leisure and recreation: Close to parks, cafés, restaurants, and just a short distance from the vibrant commercial areas and coastal attractions that make Santa Cruz one of the most desirable cities in the Canary Islands.

-Santa Cruz de Tenerife stands out for its stable real estate demand, pleasant year-round climate, and strong rental and appreciation potential.

An investment with social impact

With this investment, the current owner-a 65-year-old man-will retain lifetime usufruct of the property, ensuring his peace of mind and well-being.

At the end of the usufruct, the buyer obtains full ownership of the property, securing an asset with strong appreciation potential in a strategic location.

Financial terms:

-Price: 108.874 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.

Santa Cruz de Tenerife, Tenerife, Canary Islands, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Tenerife(International)
    36.1 miles
  • Gran Canaria(International)
    65.5 miles
  • La Palma(International)
    91.1 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 110755116) 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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