Flat for sale in Erandio, Vizcaya

Are you looking for a unique investment opportunity in Erandio (Bizkaia)?

Property offered through a bare ownership sale, with temporary rent payments for 80 months (6 years and 8 months) and a lifetime usufruct.

Financial terms:
-Initial payment: €40,000.
-Temporary rent payments (80 months): €750/month.
-Total payment: €100,000.

Property information:
-Location: Nafarroa Beherea Kalea, Altzaga, Erandio (Bizkaia).
-Area: 67 m².
-Property type: Apartment.
-Layout: 3 bedrooms and 1 bathroom.
-Condition: The property is in good condition.
-Year built: 1972.
-Other notable features: exterior-facing apartment, elevator and balcony.

About the area:

-Located on Nafarroa Beherea Kalea, in the heart of Altzaga, Erandio, an established urban area within the Bilbao metropolitan area, with services and amenities nearby.

-Transport: The area is connected to the rest of Erandio and the Bilbao metropolitan area by public transport.

-Nearby services: Healthcare services and local shops are available. Erandio Health Centre is nearby, along with pharmacies and other everyday amenities.

-Leisure and recreation: The Altzaga area offers restaurants, local shops, public facilities and places to walk and enjoy everyday activities, as well as a municipal library and other nearby services.

An investment with a social impact

With this investment, the current owner, a 66-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, a real estate asset in an established area of the Bilbao metropolitan area.

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

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