Apartment in Usera, Madrid

€ 94,990

Calle de Fermin Donaire, Madrid, Spain
  • Discount: 25%
  • Purchase Price: € 94,990
  • Market Value: € 127,000
  • Area: 65 m²
  • Bedrooms: 3
  • Bathrooms: 1
  • Year built: 1965
  • Usufruct Period: For life
  • ID: JJC0074


Fantastic investment! Discount of approximately 25%.
For sale is the BARE OWNERSHIP of this wonderful flat in Calle Fermin Donaire, 28026 Madrid. The current owner, a 91 year old lady, reserves the right to use and enjoy the property for the rest of his life. The property has a market value of 127.000€.

Payment plan: The buyer will pay a one-off down payment of €94.990.
Formalisation costs: The expenses generated in the sale and purchase (Transfer Tax, notary and registry) will be paid in full by the buyer, with the exception of the Municipal Capital Gains Tax, which will be paid by the seller.
Maintenance costs: Once the transaction has been formalised before the notary, the costs of the property will be distributed as follows:
a. The Real Estate Tax (IBI), the extraordinary payments and the building insurance will be assumed by the buyer.
b. The ordinary community fees, the contents insurance, the urban waste tax and the utilities (electricity, water, etc.), whether individualised or not, will be paid by the seller.

Description of the property
This wonderful flat has a large and bright living-dining room, a fully equipped kitchen with access to a very spacious terrace.
It has a total of 3 bedrooms, the main bedroom has a double bed, and is exceptionally bright. The second bedroom has a single bed and a desk and the third room is used as a dining/entertainment area. Finally, there is a bathroom with shower.
The property is located in a privileged area as it has a wide range of services such as shops, schools, restaurants, supermarkets, pharmacies, bank branches, among others. In addition, you will also find in its surroundings the Pradolongo Park and very close to the Hospital 12 de Octubre.

In terms of transport, as well as multiple bus stops, it enjoys quick access to the A-42, M-30 and M-40 highways and has the Plaza Elíptica metro station (L6) and the Usera metro station (L6 and L11) as well as the Doce de Octubre train station (C5).

View on map / Neighborhood


  • heating
  • Terrace

This property is located in Madrid is a operation and has been listed on JJC Capital Partners. It is currently listed at € 94,990. It has 3 beds, 1 bath, and is 65 m². The property was built in the year 1965.