Flat for sale in Hondarribia, Guipúzcoa

Are you looking for a unique investment opportunity in Hondarribia (Gipuzkoa)?

This property is offered for sale under a bare ownership arrangement with temporary rent for 15 years and a life usufruct.

Economic terms:

-Down payment: €45,000.
-Temporary rent (180 months): €520/month.
-Total payment: €138,600.

Property details:

-Location: Plaza Arma, Hondarribia (Gipuzkoa).
-Size: 50 m².
-Condition: The home is in good condition.
-Age: 1910.
-Other standout features: It has a wood-burning oven, a distinctive element that adds character and charm to the home—ideal for those who value traditional details and the authenticity of historic buildings.

About the area:

-Located in the heart of Hondarribia’s old town, one of the most emblematic and highly valued towns on the Basque coast. This is an area with exceptional heritage value, surrounded by cobbled streets, historic buildings, and a carefully curated range of dining and cultural options.

-Transport: Excellent road connection to San Sebastián and the French border via the AP-8. San Sebastián Airport is just a few minutes away, and there are regular bus connections to the main towns in the region.

-Nearby services: Supermarkets, local shops, educational centers, health centers, pharmacies, and all the services needed for everyday life are within a short distance.

-Leisure and recreation: The home benefits from being close to Playa de Hondarribia, the Marina, the Seafront Promenade, and a wide selection of well-known restaurants. In addition, the city offers multiple cultural and sports activities and natural spaces to enjoy year-round.

An investment with social impact

With this investment, the current owner, a 67-year-old man, will retain the life usufruct of the property, 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 the most exclusive and sought-after areas of the Basque coastline.

Associated costs:

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

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