Flat for sale in Centro Urbano, Gijón, Asturias

Are you looking for a unique investment opportunity on Calle Magnus Blikstad, Gijón?

This home is offered for sale as a bare ownership (nuda propiedad) deal with temporary rent for 10 years and a life-long usufruct.

Financial terms:
- Down payment: €50,000.
- Temporary rent (120 months): €700/month.
- Total payment: €134,000.

Property details:
- Location: Calle Magnus Blikstad, Gijón.
- Size: 94 m².
- Condition: The home is in good condition.
- Age: 1967.
- Other standout features: An interior apartment with an elevator and a balcony, providing excellent natural light and a pleasant connection to the outdoors.

About the area:

- Located on Calle Magnus Blikstad, one of Gijón’s most established and central areas, it stands out for its excellent location and for offering all the services needed for everyday life just a few minutes’ walk away.

- Transport: Excellent connections via urban bus lines, with quick access to the Gijón intermodal station (train and bus), as well as great connectivity to the main roads for entering and leaving the city.

- Nearby amenities: Supermarkets, local shops, educational centers, healthcare centers, pharmacies, banking institutions, and a wide range of shopping and dining options.

- Leisure and recreation: Very close to the center of Gijón, Poniente Beach, the marina, and numerous parks, pedestrian areas, cafés, and restaurants—making it a highly attractive location to live in as well as to invest.

A socially impactful investment

With this investment, the current owner, a 65-year-old man, will retain the home’s life-long usufruct, ensuring his peace of mind and well-being.

At the end of the usufruct, the buyer will obtain full ownership of the property—an asset with high revaluation potential in one of Gijón’s most in-demand locations.

Associated costs:
- Paid by the owner:
- IBI (property tax).
- Extraordinary community fees (if applicable).
- Building insurance.

- Paid by the usufruct holder:
- Ordinary community fees.
- Municipal waste charges.
- Utilities.
- Home contents insurance.