Description

DEAL FOR INVESTORS: SALE OF BARE OWNERSHIP. BARE OWNERSHIP. Grupo Retiro manages the sale of the bare ownership of a property, valued at 136,000 euros in exchange for a Capital Advance of €40,000 and a temporary income for 10 years of €225/month. The usufructuary, a 71-year-old woman, will continue to use the property until her death. PROPERTY DESCRIPTION: EXTERIOR HOUSING consisting of a hall that gives access to the living room - dining room with balcony, hallway - distributor, a bedroom with balcony, bathroom and open kitchen. HOUSING: • State of conservation: very good. • Hot water: individual (electric water heater). BUILDING: • It has 4 floors. • Accessibility conditions: Elevator: YES (1). Access to the portal: street level. Access to elevator: direct from portal. • The next ITE will be carried out in the year 2055. TEMPORARY INCOME AT 10 YEARS WITH ADVANCE The Elderly Person transmits the bare ownership of the home in exchange for a capital advance plus a monthly and constant temporary income for a period of 10 years or until the death of the Annuitant, if this event occurs before the established term is met. The Annuitant reserves the life usufruct of the home until her death or until her resignation to it (in which case the amount of the monthly income would increase by 50%), at which time the buyer will become the full owner of the property. The usufructuary has requested to reserve in the Deed the right to lease the property. Of course, said lease will be exercised in accordance with mandatory rules and establishing as required by law that the lease is automatically extinguished upon the death of the usufructuary. PURCHASE CONDITIONS: • Capital Advance of €40,000 and monthly income of €225 for 10 years or until the death of the Annuitant, if this event occurs before the established term is met. The Professional Mediation Fees of GRUPO RETIRO and the taxes associated with this operation are not included. You can see other opportunities by clicking on our LOGO.

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