Flat for sale in Justicia, Madrid city, Madrid

Are you looking for a unique investment opportunity in Madrid?

Property sold as bare ownership with a lifetime annuity.

Financial terms:

- Initial payment: €407,306.
- Lifetime monthly annuity: €9,001/month.
- Guaranteed minimum price: €1,221,919.

Property information:
- Location: Calle Reina, Madrid.
- Area: 232 m².
- Condition: The property is in good condition.
- Age: built in 1917.

Other notable features: exterior apartment with 4 bedrooms, 2 bathrooms, elevator, terrace, balcony, air conditioning, and heating.

About the area:

- Located in Madrid, in the center of the Community of Madrid, in an established area with excellent transport links, ideal for enjoying everyday convenience.

- Transport: excellent public transport connections and convenient access to the rest of the city.

- Nearby services: shops, supermarkets, medical centers, educational institutions, and other everyday services.

- Leisure and recreation: green spaces, restaurants, and a wide range of cultural offerings characteristic of the area.

An investment with social impact:

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