Apartment for sale

Apartment Location Torremolinos, Costa del Sol
  • Build
    41 m2
  • Bedrooms
    0
  • Bathrooms
    1
  • Price
    €160,000

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.

Location

Attention!!! The location on the map may differ from the correct location, the property may be lower to the beach or higher in the mountains. It is an indication on the map to show in which region it is located.

Features

Price
€160,000
Annual costs
• Community fees: €600
• Ibi/Municipal tax: €190
Property type
Apartment
Surfaces
Build: 41 m2
Terrace: 12 m2
Views
Street
General
Air Conditioning
Bargain
Beachfront
Beachside
Cheap
Close To Sea
Close to shops
Condition Excellent
Entry phone
Fitted Wardrobes
Fully equipped kitchen
Furnished
Gated Complex
Lift
Near transport
Parking More Than One
Parking street
Pool Communal
Security 24/24
Orientation
South
405 Visitors