Studio for sale in Torremolinos

R5230414
Reference
€160,000
Price EUR
41 m²
Built (total)
1 + 0
Baths
12 m²
Terraces
Pending
Energy
Pending
Emissions
190 per year
Property tax
600 per year
Community

Studio for sale in Torremolinos

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.
Flaxman Estates, on behalf of the vendor, provides this information for guidance purposes only and without any contractual obligation. Details may be subject to errors, changes, availability, or withdrawal without prior notice. Interested parties must independently verify all relevant information. Costs associated with the purchase: Second-hand residential properties — Transfer Tax (ITP) 7%; New residential properties — VAT 10% and Stamp Duty (AJD) 1.2%; Plots of land — Transfer Tax (ITP) 7% or VAT 21% and Stamp Duty (AJD) 1.2%. Notary and property registration fees ≈ 0.8%; Legal fees ≈ 1%. These estimates are non-binding and a reduced rate or tax benefit may apply. The real estate agency commission is included in the price. Additional information is available upon request.