Flat for sale in Buenavista, Santa Cruz de Tenerife, Tenerife

Are you looking for a unique investment opportunity on Avenida Islas Canarias?

Property offered under a bare ownership sale arrangement, with temporary income for 2 years and 11 months (35 monthly payments) and a lifetime usufruct.

Financial terms:
-Initial payment: €40,000.
-Temporary income (35 months): €1,000/month.
-Total payment: €75,000.

Property information:
-Location: Avenida Islas Canarias.
-Property type: Apartment.
-Floor area: 87 m².
-Age: Built in 1950.
-Other notable features: The property has an interior patio, a particularly appealing feature that provides additional ventilation and offers a private outdoor space. This feature adds functionality and appeal to an 87 m² property, making it an interesting real estate investment opportunity.

About the area:

-The property is located on Avenida Islas Canarias. Its surroundings offer an opportunity to invest in a residential property with distinctive features, such as its interior patio.

-The exact municipality location will make it possible to identify the nearby services, public transport links, shopping areas, and leisure spaces.

An investment with social impact

With this investment, the current owner, a 65-year-old man, will retain the lifetime usufruct of the property, ensuring his peace of mind and well-being.

When the usufruct ends, the buyer will obtain full ownership of the property, an asset with long-term appreciation potential, subject to developments in the real estate market.