Sale of apartment in Calle Colón, Orihuela

EXCELLENT OPPORTUNITY FOR INVESTORS: SALE OF NAKED PROPERTY. This property represents a unique investment opportunity, valued at 160,000 euros, offered for a one-time capital payment of 66,100 euros. The current occupant, a 67-year-old male, will continue to reside in the home until his passing.

PROPERTY DESCRIPTION: This exterior dwelling features a living-dining area with an open kitchen, two bedrooms, and a full bathroom.

PROPERTY CONDITION: The overall state of conservation is good. Heating is provided by a heat pump, with individual hot water supplied by an electric boiler. Air conditioning is also available through a heat pump. This property is not designated as protected housing.

BUILDING FEATURES: The building consists of two floors and includes a shared central patio. Accessibility conditions indicate that there is no elevator, and the entrance is at street level. The first inspection of the property is scheduled for 2038.

TYPE OF RENTAL: This transaction involves the sale of naked property in exchange for a one-time capital payment. As the buyer, you will acquire the naked property, while the seller retains life-long usufruct rights to the home. Upon the usufructuary's passing, you will gain full ownership and usage rights to the property. The usufructuary has also expressed a desire to retain the right to lease the property in the deed, which will be governed by mandatory regulations. It is important to note that any lease will automatically terminate upon the usufructuary's death.

Please be aware that the professional mediation fees and taxes associated with this transaction are not included in the price. For more opportunities, feel free to explore further options available.