Flat / apartment for sale in Calle Bazán, 19
• Floor 1
€194,900
AI Analyst
Long-term Rental"Bare ownership sale in Alicante’s historic center offers long-term capital appreciation potential, with legal title transferred immediately but occupancy deferred until usufruct ends. Prime location, good light, and future layout flexibility enhance value."
Pros
- •Prime city center location with strong future demand
- •Discount to estimated full ownership value (approx. 15-20%)
- •Well-maintained, with potential to add a second bedroom
Cons
- •No immediate rental income due to lifetime usufruct
- •Uncertain timeline for full possession and cash flow
- •Liquidity risk—resale market for bare ownership is limited
Description
INVESTMENT IN BARE OWNERSHIP IN ALICANTE CENTER! Asset investment in one of Alicante's most sought-after areas. The bare ownership of this exterior first-floor apartment with an elevator is for sale, located in the heart of the Traditional Historic Center, with all services, shops, restaurants, and transport just a few steps away. The property has 83 m² built, facing east and south, which provides excellent natural light for most of the day. It currently has 1 bedroom and 1 bathroom, with real space to create a second room, adding more versatility and future value to the investment. It is well-maintained and features Climalit windows, which improve acoustic and thermal insulation. The transaction is carried out by purchasing the bare ownership with a lifetime usufruct in favor of the current owner. The buyer acquires the legal ownership of the property from now on, while the usufructuary retains the right of use and enjoyment throughout their life. Upon the extinction of the usufruct, full availability of the apartment is consolidated in favor of the bare owner. The estimated value of full ownership is between €230,000 and €240,000, while the sale price is €194,900. A legal, clear, and consolidated formula in Spain, designed for those seeking a long-term real estate investment in a prime location. More information and conditions of the transaction, privately. ANDREA 617*218*033 WhatsApp.