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.

Details

Property Reference:R5230414
Reference Agency:3476-04124
Country:Spain
Year Built:1978
Community Fees:€600 /year
IBI (Property Tax):€190 /year

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

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Hernan Bustos
Hernán Bustos
Director

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