Flat for sale in Palacio, Madrid city, Madrid

Are you looking for a unique investment opportunity in Madrid?

This property is being offered as bare ownership, an ideal formula for investors seeking long-term returns.

Financial terms:
- Price: €450,000.

An investment with a social impact:

With this investment, the current owners, an 83-year-old man and a 75-year-old woman, will retain lifetime usufruct of the property, ensuring their peace of mind and well-being. Once the usufruct ends, the buyer will obtain full ownership of the property, an asset with high potential for appreciation in this area.

Property information:
- Location: Calle Don Pedro, Madrid.
- Area: 76 m² built.
- Condition: The property is in good condition.
- Age: built in 1860.
- Other noteworthy features: exterior property with an elevator, balcony, 2 bedrooms, and 1 bathroom.

About the area:

- Located in Madrid, in a consolidated and central urban setting, within a well-connected area that is ideal for enjoying everyday convenience and highly attractive for investment.

- Transport: excellent public transport connections and good access to the rest of the city.

- Nearby services: shops, supermarkets, medical centers, educational facilities, and all types of everyday services within a short distance.

- Leisure and recreation: a wide range of restaurants, green spaces, and leisure and cultural options characteristic of the area.