Apartment for sale in Estepona

R5528521
Reference
€0
Price EUR
Pending
Energy
Pending
Emissions
984 per year
Community

Apartment for sale in Estepona

ESTEPONA | INCOME PRODUCING INVESTMENT New build two bedroom, two bathroom apartment in the centre of Estepona, located just a six minute flat walk from the beach. Situated on the fifth floor of a modern development with lift access, the property also benefits from a 10 m² south facing terrace. The asking price is €379,000 and the property currently generates a rental return of approximately 6%, with a long term tenant already in place and rental income guaranteed. INVESTMENT SALE ONLY This property is being sold strictly as an income producing investment. The existing long term rental contract forms part of the sale and must be fully respected by the purchaser. The apartment will not be sold vacant, and the existing tenancy cannot be terminated as ‌a ‌condition ‌of ‌purchase. A turnkey ‌investment offering immediate ‌rental ‌income, an ‌established tenancy and an excellent location within easy ‌walking ‌distance of both ‌the ‌beach ‌and ‌Estepona ‌town ‌centre.
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.