Studio for sale in Almendrales, Madrid city, Madrid

Are you looking for a unique investment opportunity in Madrid?

Property under bare ownership with a temporary usufruct (15 years).

Property information:
- Location: Calle Olvido, Madrid
- Area: 31 m²
- Condition: The property is in good condition.
- Year built: 2005

About the area:

- Located in the Carabanchel district, a quiet residential area with good connections to central Madrid, ideal both for living and investing.

- Transport: Excellent connections via metro (nearby lines), city buses, and easy access to the M-30.

- Nearby services: Supermarkets, schools, medical centers, sports facilities, and local shops.

- Leisure and recreation: Just a few minutes from green areas, bars, traditional restaurants, and cultural centers.

An investment with social impact

With this investment, the current owner will retain the temporary usufruct of the property for 15 years, ensuring their peace of mind and well-being.

At the end of the usufruct, the buyer will obtain full ownership of the property, an asset with strong potential for appreciation in this area of Madrid.

Financial terms:

- Price: €80,000

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

Paid by the usufructuary:
- Ordinary community fees
- Municipal waste collection charges
- Utilities
- Contents insurance