Flat for sale in Embajadores, Madrid city, Madrid

Looking for a unique investment opportunity in Madrid?

This property is offered as a bare ownership investment, an ideal arrangement for investors seeking long-term returns.

Financial details:
Price: €391,171.

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, a sense of space and a better quality of life.

About the area:

-Located in Madrid, one of Spain’s most economically and real estate-active cities, with strong residential demand and excellent long-term appreciation prospects.

-Transport: An extensive public transport network comprising the Metro, commuter rail and numerous bus routes, as well as excellent road connections to the rest of the city and surrounding municipalities.

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

-Leisure and recreation: Madrid offers a wide variety of green spaces, 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 a lifetime usufruct over the property, ensuring her peace of mind and well-being.

When the usufruct ends, the buyer will obtain full ownership of the property, an asset with strong appreciation potential in one of the most sought-after cities in Spain’s property market.

Associated costs:

Paid by the owner:
-Property tax (IBI).
-Special community fees (if applicable).
-Building insurance.

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