Algorta, Vizcaya, Basque Country, Spain
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
743 sq ft
69 sq m
Description
Are you looking for a unique investment opportunity in Getxo?
Kalma exclusively presents this bare ownership property with a lifetime annuity, located on Calle Novia Salcedo, Getxo. The property currently belongs to a man aged 65 and a man aged 69, who will retain the right of use and enjoyment (usufruct) while paying a monthly annuity to the investor.
Property information
-Size: 70 m2
-Type: Apartment
-Bedrooms: 2
-Bathrooms: 1
-Year built: 1963
-Position: Exterior
-Lift: Yes
-The property is in good condition.
About the area
-Getxo is a coastal municipality in the province of Bizkaia, in the Basque Country, known for its high quality of life, established residential environment, and proximity to the Cantabrian Sea. Calle Novia Salcedo is located in a well-connected area with access to all essential services.
-The municipality benefits from excellent public transport connections, including Bilbao metro lines and intercity bus services that provide easy access to Bilbao and nearby towns. The surrounding area features shops, health centres, pharmacies, schools, and sports facilities, offering all essential services for daily living.
-Getxo offers a wide range of leisure options, from seafront promenades and beaches to green spaces and cultural venues, making it ideal for families and those seeking a peaceful and pleasant environment.
An investment with social impact
Bare ownership with a lifetime annuity allows the investor to acquire a property at a price significantly below market value, while providing the current owners with a stable monthly income. It is a formula that combines profitability with social responsibility.
Financial terms
-Monthly lifetime annuity: 1,037 EUR
-Guaranteed minimum price: 140,626 EUR
Do not hesitate to contact us for detailed information about this investment opportunity. Our team of advisors will be happy to guide you through the entire process.
Kalma, the best selection of BARE OWNERSHIP properties and other real estate investment opportunities within your reach.
Algorta, Vizcaya, Basque Country, Spain
NEAREST AIRPORTS
Distances are straight line measurements- Bilbao(International)5.3 miles
- Vitoria(International)35.0 miles
- Santander(International)41.8 miles
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Notes
This is a property advertisement provided and maintained by Kalma, Barcelona (reference KLM-NSALCEDO-GE) 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.