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Middle Floor Apartment in Estepona

€365,000

Ref: R5528521
2beds 2baths 76m² built

Property Description

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.

Features & Amenities

SettingTown, Close To Shops, Close To Sea, Close To Schools
OrientationSouth Facing
ConditionExcellent Condition
Climate ControlAir Conditioning
FeaturesLift, Near Transport, WiFi
KitchenFully Fitted Kitchen
SecurityGated Complex
ParkingUnderground Parking
UtilitiesElectricity, Drinkable Water
CategoryResale

Running Costs

Community fees€82 / monthcalculated from annual fee
IBITBCto be confirmed
BasuraTBCto be confirmed

Location Map

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

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