Flat for sale in Embajadores, Madrid city, Madrid

Are you looking for a unique investment opportunity in Madrid?

Property offered as bare ownership, an ideal formula for investors seeking long-term returns.

Financial terms:
Price: €414,455.

Property information:
- Location: Madrid.
- Area: 92 m².
- Condition: The property is in good condition.
- Year built: 1973.
- Other notable features: Apartment with a terrace, a highly valued feature that provides natural light, spaciousness, and quality of life.

About the area:

- Located in Madrid, one of Spain’s cities with the greatest economic and real estate dynamism, with high residential demand and excellent long-term appreciation prospects.

- Transportation: Extensive public transport network comprising the Metro, Cercanías commuter rail, and numerous bus lines, as well as excellent road connections with the rest of the city and municipalities in the metropolitan area.

- Nearby services: A wide range of supermarkets, shopping centers, schools, universities, health centers, hospitals, and all kinds of services needed for everyday life.

- Leisure and recreation: Madrid offers a wide variety of green areas, cultural venues, restaurants, shops, sports facilities, and a vibrant social and leisure scene throughout the year.

An investment with a social impact

With this investment, the current owner, a 68-year-old woman, will retain the lifetime usufruct of the property, ensuring her peace of mind and well-being.

Upon termination of the usufruct, the buyer will obtain full ownership of the property, an asset with high appreciation potential in one of the most sought-after cities in Spain’s real estate market.

Associated costs:

To be paid by the owner:
- Property tax (IBI).
- Extraordinary community fees, if applicable.
- Building insurance.

To be paid by the usufructuary:
- Ordinary community fees.
- Municipal waste collection charges.
- Utilities.
- Contents insurance.