Middle Floor Studio in Torremolinos

€ 160,000
Torremolinos, Málaga

Overview

Reference: R5230414
  • 0
  • Bedrooms
  • 1
  • Bathrooms
  • 41m2
  • Built size
  • 0 m2
  • Plot size
  • 12 m2
  • Terras

Description

Renovated studio apartment just 800 meters from the sea – Perfect for investment
For sale: a fantastic, fully renovated 41 m² studio apartment with a south-facing orientation, abundant natural light, and located in one of the best areas of Torremolinos. Just 800 meters from the beach and with all amenities within easy reach: right below the building you'll find bus stops, supermarkets, pharmacies, gyms, and much more. The commuter train station is also just a 5-minute walk away, as is the center of Torremolinos,close to the sea and with all amenities.

The building features a communal swimming pool, 24-hour concierge service, and a security camera system, offering safety and convenience year-round.

Currently, the apartment is rented on a long-term contract to reliable tenants who pay €700 per month, making it ideal for those looking to invest and generate returns from day one. The tenants have four years remaining on their contract, unless they choose to leave earlier, (They are already looking for another apartment because it's too small for them)
making it a perfect opportunity for investors seeking stable and worry-free income
Furthermore, the studio has a tourist license, which presents an excellent opportunity for future holiday rentals once the current lease expires.
A sound investment in a prime location, close to the sea and with all amenities.

Features

Setting
  Town
  Beachside
  Close To Shops
  Close To Sea
  Close To Schools

Orientation
  South

Condition
  Excellent

Pool
  Communal

Climate Control
  Air Conditioning

Views
  Street

Features
  Lift
  Fitted Wardrobes
  Near Transport
  Access for people with reduced mobility
  Courtesy Bus

Furniture
  Fully Furnished

Kitchen
  Fully Fitted

Security
  Gated Complex
  Entry Phone
  24 Hour Security

Parking
  Street
  More Than One

Category
  Bargain
  Beachfront
  Cheap
  Investment

Taxes and fees

Garbage tax: € 0 per year
Property tax: € 190 per year

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