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Middle Floor Studio in Torremolinos

Torremolinos, Málaga · Ref. R5230414

0
Bedrooms
1
baths
41
m² built
12
m² terrace
✓
Pool

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

  • ✓Town
  • ✓Beachside
  • ✓Close To Shops
  • ✓Close To Sea
  • ✓Close To Schools
  • ✓South
  • ✓Excellent
  • ✓Communal
  • ✓Air Conditioning
  • ✓Street
  • ✓Lift
  • ✓Fitted Wardrobes

Energy rating

A
B
C
D
E
F
G

In process

Mortgage

35% · €56,000
3.4%
25 yrs
Monthly payment€515

Spanish banks typically lend non-residents 60–70% of the price.

Buying costs calculator

Indicative figures for Andalusia. Final amounts depend on your situation.

Purchase price
€160,000
Transfer tax (ITP 7%)
€11,200
Notary & land registry (approx.)
€1,220
Lawyer (approx. 1% + VAT)
€1,936
Total extra costs€14,356
Total price€174,356

Indicative only, not legal advice.

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