Description
THIS IS AN EQUITY RELEASE / NUDA PROPIEDAD
Usufruct Duration: Fixed 15 years
Market Value: €240,000
Purchase Today*: €140,,000
Discount: 54%
*Inclusive of Buyers Commission
Property Type: Apartment
Location: Alicante City, Alicante
Bedrooms: 1
Bathrooms: 1
Internal Surface: 65m²
Plot Size: 65m²
Pool: No
Condition: Excellent
Occupants (Usufruct Holders):
(-----)
Usufruct Rights:
Use of the property for 15 years.
Property Description:
Welcome to this charming 1-bedroom equity release apartment in the heart of vibrant Alicante. Located in the sought-after Mercado area, this first-floor property is one of six in a three-story building (without a lift) and offers 65m² of well-designed living space. Featuring an open-plan lounge, dining, and kitchen area with high ceilings and timber beams, the apartment has two full-length windows opening onto small front balconies. The spacious double bedroom includes a dressing area and access to a back terrace with a utility space, while the fully tiled bathroom comes with a shower. Modern comforts include air conditioning (hot and cold), a built-in fridge/freezer, dishwasher, oven/hob/extractor, washing machine, and dryer. Ideally situated close to Alicante’s marina, shops, and all city amenities, this property combines a prime central location with stylish, comfortable living.
Both buyer and seller benefit from legally sound contracts, officially signed and registered with a Spanish public notary and the Land Registry.
In addition to the purchase price, the buyer pays Property Transfer Tax, notary fees, Land Registry fees.