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Middle Floor Studio in Torremolinos

€160,000

Ref: R5230414
1baths 41m² built 12m² terrace

Property 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 & Amenities

SettingTown, Beachside, Close To Shops, Close To Sea, Close To Schools
OrientationSouth
ConditionExcellent
PoolCommunal
Climate ControlAir Conditioning
ViewsStreet
FeaturesLift, Fitted Wardrobes, Near Transport, Access for people with reduced mobility, Courtesy Bus
FurnitureFully Furnished
KitchenFully Fitted
SecurityGated Complex, Entry Phone, 24 Hour Security
ParkingStreet, More Than One
CategoryBargain, Beachfront, Cheap, Investment

Running Costs

Community fees€50 / monthcalculated from annual fee
IBI€190 / year
BasuraTBCto be confirmed

Location Map

Approximate municipality map shown when exact coordinates are not supplied by the listing source.