Discover a unique investment opportunity in the charming town of Zulte with this residence available for sale under a lifelong rent scheme. Priced at only €25,000, this property offers a compelling proposition for investors seeking a long-term real estate asset with favorable financial arrangements. The property is positioned on Nachtegaalstraat 15, within a peaceful, predominantly residential neighborhood. The sale involves a lease structure where the buyer acquires the right to inhabit the property during the lifetime of the current owner, a 68-year-old male, with a monthly rent of €1,095 payable over a maximum period of 12 years. After this period, the owner will pay a pre-agreed rent to the new occupant, creating an intriguing rental and ownership dynamic that minimizes upfront costs for the investor. Importantly, the purchaser will never pay the property’s estimated value of €235,000, and the land remains free from additional charges related to the current owner’s occupation, as the property tax (roerende voorheffing) of €432.51 remains the seller’s responsibility until he ceases residence. This residence requires renovation but presents significant potential given its structural features. The house comprises three bedrooms, offering sufficient living space for a family or as part of an investment portfolio. It includes practical amenities such as one bathroom and two toilets, with heating powered by a modern gas system, ensuring efficient comfort once upgraded. The property also features a garage for secure parking and a storage or workshop space in the form of an atelier or magazijn, adding to its versatility. Situated on a 280 m² plot, the house benefits from a strategic location near Zulte’s city center, providing convenient access to local amenities including shops, schools, and transportation links. The proximity to major roads like the E17, N43, N459, and N357 facilitates easy travel to Waregem, Kortrijk, Deinze, and Ghent, while the nearby Leie River enhances outdoor recreational activities such as walking and cycling in natural surroundings. Zulte itself is highly regarded for its lush green environment and tranquil ambiance, making it an attractive destination for those seeking both comfort and connectivity. The neighborhood’s quiet streets and predominantly residential character foster a peaceful living environment while maintaining excellent accessibility to urban centers. Public transport options are readily available, with bus services just 600 meters from the property, ensuring smooth mobility for daily commuting or leisure trips. This opportunity is particularly appealing for investors interested in a property with no immediate renovation obligations post-sale, thanks to its recent heating system upgrade. Whether you are looking for a long-term hold or an innovative way to enter the Belgian real estate market, this property offers both practicality and growth potential. Contact us today to learn more about this exclusive offering in Zulte and explore how it can fit into your investment strategy or future home plans. Want to know more?
3
Bedroom(s)
280 m²
Buildable surface
1
Bathroom(s)