Apartment for sale in Murcia

THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD Market Value euro110,000 Purchase today* euro62,500 Discount 43% *Inclusive of Buyers Fee THIS IS AN EQUITY RELEASE/ NUDA PROPIEDAD For sale is the BARE OWNERSHIP of this great 2 bedroom Duplex House in Balsicas, Murcia. The current owner, male, 72, reserves the right to use and enjoy the property for the rest of his life or a predetermined, fixed period. What does this mean? This property offers a unique chance to acquire ownership through Nuda Propiedad, a concept meaning "bare ownership. " Here's how it works: You purchase a portion of the property's ownership at a discounted price compared to the market value. This creates two ownership rights: Usufruct: The seller retains the right to live in and use the property for their lifetime or a predetermined, fixed period. Bare Ownership (Nuda Propiedad): You acquire ownership of the property itself but cannot occupy it until the usufruct period ends. Once the usufruct period expires, full ownership, including occupancy rights, will transfer to you. This approach allows you to invest in the property's future value at a reduced cost, while the seller enjoys continued use of the property. It's a great way to enter the property market or invest for the mid term. About this Property This is a well maintained 2 bedroom duplex house Living Area Dining Area Fully Fitted Kitchen 2 Bedrooms 2 Bathrooms Large Basement, currently used as store room, office & TV room Balcony/Terrace Roof Solarium with views of mountains and the Mar Menor in the distance Both buyer and seller will be protected by water tight contracts and agreements signed and stamped by the Spanish public notary and the Spanish land registry.

Apartment for sale in Murcia

House in calle Sol, Jerónimo y Avileses, Murcia

Description

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