1-bed apartment, Ghent

Offering 45 m² of living space and a 10 m² terrace, this one-bedroom apartment is for sale by life annuity in Gent. Located on the 12th floor of the Ter Leie residence, the apartment has a south-west-facing front façade and a view over Gent. The asking price is 75 000 €. The life-annuity arrangement also includes a monthly payment of 950 €, payable through June 2041; the payment obligation ends earlier if the annuitant dies before then. The property value is stated as 185 000 €. The apartment comprises an entrance hall with a built-in wardrobe, a bright living room, a fitted kitchen with appliances and a storage cupboard, a hallway, a separate toilet, one bedroom of 10 m² and a fitted bathroom with a single washbasin, bathtub and provision for a washing machine. A private cellar storage room, number 20, and a shared secure bicycle storage area are located in the basement. The building has a lift and gas heating. The apartment was partly renovated in 2019, including PVC window frames with high-efficiency double glazing, thermostatic radiator valves, a fire-resistant door with a three-point lock and peephole, and renewed electrical wiring. The electrical installation certificate is compliant through 26 February 2046. The energy rating is label B, with a specific primary energy consumption of 149 kWh/m² per year. The building dates from 1971; works carried out over the years include roof insulation, lift renewal to applicable standards and renewal of the central heating installations. The apartment is offered in full ownership, allowing the owner to rent it out and receive rental income from the date of the notarial deed. The description states that it is currently rented for 803,83 € per month, plus 150 € in general charges; the listing’s financial details separately indicate that it is not currently rented. The cadastral income is 653 €, and no VAT applies. For a buyer intending to occupy the apartment as a first property, the description indicates a potential registration duty rate of 2% rather than 12%, together with a stated reduction of 1.867 € on the total registration duties payable. For further information or to discuss the life-annuity terms, please get in touch regarding this apartment in Gent. * This text was generated using an artificial intelligence.