Apartment in ‘bare ownership’ in Arrecife

The bare ownership of this charming property is for sale, located in one of the most central and sought-after areas of Arrecife, just a few metres from Calle Fajardo.

Important: this transaction concerns exclusively the sale of the bare ownership. The current owner will retain the usufruct (right of use and enjoyment) of the property. Therefore, the buyer acquires ownership of the property but will not have the right to occupy or use the property for as long as the usufruct remains in place.

The property has 70 m² of built area, distributed as follows:

2 bedrooms

1 full bathroom

Spacious living-dining room with an open-plan kitchen

Separate utility/laundry room

The apartment is located on the first floor of a building with a lift and is particularly bright, as all rooms are exterior-facing. Both the bedrooms and the living room have small balconies facing outside, allowing plenty of natural light and good ventilation.

The location is another one of its main advantages. It is situated in an established area with all amenities close at hand, including supermarkets, shops, schools, public transport and leisure areas.

The sale of the bare ownership may be particularly interesting for investors or buyers looking for a medium- to long-term property investment, acquiring ownership of a property in a strategic location in Arrecife with potential for capital appreciation.

Before making any enquiry or arranging a viewing, please bear in mind that this is a sale of bare ownership and that the current owner retains the usufruct and right of use of the property.

For further information about the specific terms of the transaction or if you have any questions, please do not hesitate to contact us.