description

Prime Location • High Profitability • Ready for Operation Located in Plaza de La Nogalera, one of the most emblematic areas of Torremolinos, this fully refurbished apartment perfectly combines profitability, location, and Mediterranean lifestyle. Situated within Residencial La Nogalera, right in the heart of the Costa del Sol, it represents one of the most attractive opportunities both for investors seeking high returns and for buyers wishing to live in the most vibrant and connected area of the city. _____ Main Features • 3 bedrooms and 2 full bathrooms • Total built area: 89 m² (79 m² living area + 10 m² communal areas) • Storage room included • Fully furnished and equipped kitchen • First floor with private terrace • Community fees: €206/month • Annual property tax (IBI): €315 The property has been tastefully refurbished with quality materials, offering a modern, bright, and functional space — ideal both as a permanent residence and as a high-yield holiday rental. _____ Communal Areas The residential complex offers: • 2 swimming pools + 1 children’s pool • Spacious landscaped gardens • Rest and recreation areas _____ Exceptional Location • Situated in Plaza de La Nogalera, the heart of leisure, dining, and urban life in Torremolinos. • Train station and commuter rail stop just a few meters away. • Only 5 minutes’ walk from the beach. • 15 minutes by car to Málaga International Airport. • 20 minutes by car to Málaga city centre. A perfect setting for living or investing, surrounded by all essential amenities — supermarkets, restaurants, shops, pharmacies, and a lively social atmosphere all year round. _____ Proven Tourist Profitability • Active tourist license for up to 8 guests. • Average occupancy rate 2024: 84%. • Estimated gross yield: 12% – 13%. • Condition: ready for immediate operation. • Includes confirmed reservations for 2025 and 2026. An exceptional investment opportunity offering guaranteed income from day one, in one of the most sought-after areas of the Costa del Sol, attracting both national and international tourism. In compliance with Decree 218/2005 of October 11, issued by the Regional Government of Andalusia (Junta de Andalucía), consumers are hereby informed that the published price does not include the expenses deriving from the sale and purchase transaction: Property Transfer Tax (ITP), or Notary and Registry fees. The Real Estate Agency's fees are included in the price. Value-Added Services and Multilingual Assistance: For your peace of mind, you will benefit from the assistance and legal advice of our in-house counsel throughout the entire sales process. Furthermore, our dedicated team is able to assist you fluently in Spanish, French, Italian, and English.