Madrid, Madrid, Madrid, Spain
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
667 sq ft
62 sq m
Description
Are you looking for a unique investment opportunity in Madrid?
Kalma presents this Bare Ownership with Lifetime Annuity investment opportunity on Paseo Santa María de la Cabeza, Madrid. This is an apartment with a market value of 310,165 euros that you can acquire by paying an initial price of 50,427 euros and a monthly lifetime annuity of 1,018 euros to the current owners, a man aged 80 and a woman aged 72, who will retain the lifetime usufruct of the property. The guaranteed minimum price of the operation is 100,855 euros.
Property information
The property is an apartment of 62 sqm built area, in an exterior position, with 2 bedrooms and 1 bathroom. It was built in 1935. The property features a lift, terrace, and heating. The property is in good condition.
About the area
Paseo Santa María de la Cabeza is located in the Arganzuela district, one of the most central and well-connected areas of Madrid. The area benefits from excellent public transport connections, including metro and bus lines that provide easy access throughout the city. Nearby, residents can find a wide range of services, including supermarkets, health centres, pharmacies, and educational facilities. Additionally, the area offers diverse leisure and recreational options, with parks, restaurants, and cultural venues that enhance daily life.
An investment with social impact
Bare Ownership with Lifetime Annuity is a real estate investment model that, in addition to offering an attractive opportunity for the investor, contributes to the well-being of elderly people. The current owners receive a monthly financial supplement that allows them to improve their quality of life while continuing to live in their home.
Financial terms
Initial price: 50,427 euros
Monthly lifetime annuity: 1,018 euros
Guaranteed minimum price: 100,855 euros
Would you like more information about this property? Book your call here: calendly.com/inversores-kalma
Kalma, the best selection of BARE OWNERSHIP properties and other real estate investment opportunities within your reach.
Madrid, Madrid, Madrid, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Madrid (Barajas)(International)7.0 miles
Advice on buying Spanish property
Learn everything you need to know to successfully find and buy a property in Spain.
Notes
This is a property advertisement provided and maintained by Kalma, Barcelona (reference KLM-MADRID-475711) 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.