Flat for sale in Candelaria, Tenerife

Are you looking for a unique investment opportunity in Candelaria?

Property for sale as bare ownership with a lifetime annuity.

Financial terms:
-Initial payment: €68,240.
-Lifetime monthly annuity: €1,192/month.
-Guaranteed minimum price: €204,721.

Property details:
-Location: Calle Pozo Santo, Candelaria (Santa Cruz de Tenerife).
-Floor area: 110 m² built.
-Condition: The property is in good condition.
-Year built: 1999.
-Other notable features: exterior apartment with 3 bedrooms and 2 bathrooms, elevator, terrace, and balcony.

About the area:

-Located in Candelaria, Santa Cruz de Tenerife (Canary Islands), in an established setting with good transport links, ideal for enjoying everyday convenience.

-Transport: good road connections and easy access to the rest of the municipality and surrounding area.

-Nearby amenities: shops, supermarkets, medical centers, schools, and other everyday services.

-Leisure and recreation: green spaces, restaurants, and local leisure options.

An investment with a social impact:

With this investment, the current owners, a 70-year-old woman, will retain the lifetime usufruct of the property, ensuring her peace of mind and well-being. Once the usufruct ends, the buyer will obtain full ownership of the property, an asset with strong potential for appreciation in this area.

Don't miss this opportunity!