Apartments for Sale in Málaga (Province)

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Apartment for Sale in Torremolinos (Málaga)  -  Ref.: 428-05325P

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Apartment for Sale in Torremolinos

Price

218,500 €

Metro 2 Built6,069 €

Area

Built36 m2
  • 1 Bedroom
  • 1 Bathroom

description

This stylish, fully renovated apartment is located in the heart of Torremolinos, one of the most sought-after destinations on the Costa del Sol. Set on the sixth floor of a building with a lift, the property is within walking distance of shops, restaurants, beaches, and just under 10 minutes from the C1 train line, offering direct access to Málaga city and the international airport. The apartment offers 36 m² of intelligently designed living space and is sold fully furnished and equipped, making it a true turnkey opportunity for both investors and lifestyle buyers. The interior features a bright open-plan living area with a large window that fills the space with natural light. The modern kitchen is fully equipped and seamlessly integrated into the living area, creating a comfortable and practical environment. A sofa bed allows for additional guest accommodation, increasing rental flexibility. The property also includes a separate double bedroom, ensuring privacy and comfort, as well as a contemporary bathroom with a walk-in shower and natural ventilation. Designed with both comfort and durability in mind, the apartment includes air conditioning, high-quality porcelain flooring, aluminum windows, and a reinforced security door. An underground parking space is available in the same building (not included in the price, approx. €20,000), with the option to negotiate a package deal. From an investment perspective, the property is currently rented on a long-term basis, generating around a 5% annual return, with the possibility to take over the existing tenant until September. In addition, a tourist rental license is in progress (approved by the community), which could increase the potential yield to approximately 10% per year. This is a rare opportunity to acquire a low-maintenance, income-generating property in a prime coastal location with excellent connectivity and strong rental demand year-round. Agency fees are included in the price. Notary, registry, and transfer tax costs are not included.

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