Flat for sale in Eibar, Guipúzcoa

Are you looking for a unique investment opportunity in the heart of Eibar?

This property is located on Calle Toribio Etxebarria, Eibar, and is being sold as bare ownership, with a temporary annuity for 6 years and 8 months and a lifetime usufruct.

Financial terms:
-Initial payment: €86,000.
-Temporary annuity (80 months): €1,800/month.
-Total payment: €230,000.

Property details:
-Location: Calle Toribio Etxebarria, Eibar (Gipuzkoa).
-Property type: Apartment.
-Floor area: 100 m².
-Condition: The property is in good condition.
-Year built: 1954.

Other highlights:
-Apartment with 3 bedrooms and 2 bathrooms.
-Building with elevator.
-Exterior-facing apartment.
-Individual heating.

About the area:

-The property is located on Calle Toribio Etxebarria, in the heart of Eibar, within one of the town’s main shopping and pedestrian areas. Its location is particularly convenient for reaching shops, services, and amenities in the town center on foot.

-Transport: Its central location makes it easy to get around Eibar on foot and access the town’s various public transport options.

-Nearby services: The area offers a wide range of local shops, supermarkets, healthcare services, and other establishments needed for everyday life.

-Leisure and recreation: Its location in the heart of Eibar makes it easy to enjoy the town center’s shops, restaurants, and leisure venues, as well as its pedestrian areas and gathering spots.

An investment with a social impact

With this investment, the current owner, a 94-year-old woman, will retain the lifetime usufruct of the property, ensuring her peace of mind and well-being.

Once the usufruct ends, the buyer will obtain full ownership of the property, a 100 m² real estate asset located in the heart of Eibar.

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

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