NL203024 Investment opportunity. Apartment to renovate Sale 235.000 €

Málaga, Málaga

Description


Price 235.000 €

Exceptional investment opportunity to renovate next to Martín Carpena in Málaga

Outstanding 66 sqm apartment positioned in one of the most promising areas of Málaga, directly opposite the renowned Palacio de Deportes José María Martín Carpena, within a well established and highly connected residential setting

Located in a private residential complex with swimming pool, landscaped gardens, communal areas and lift, this property represents a powerful opportunity for investors, seeking strong returns or buyers looking to design a fully customised home

The layout includes two bedrooms, full bathroom, fitted kitchen with separate laundry area, spacious living dining room private balcony and air conditioning, requiring renovation which significantly enhances its capital appreciation potential and future market value

Currently rented with full availability options ensuring maximum flexibility immediate income potential or primary residence use

Prime location offering direct motorway access, public transport, retail facilities services and sports venues, positioned in a high demand growth driven neighbourhood

Agency fee 3% not included in the sale price payable by the buyer

 

Please contact Nordic Light Estates to arrange a viewing or for more information.
This property has reference number: NL203024

In accordance with the provisions of Article 20.1 of the TRLDCU, the price of the property WILL BE INCREASED by the following amounts:
TAXES PAYABLE BY THE BUYER
In the case of VAT at the current rate of 10% (Law 37/1992, of December 28, on Value Added Tax).
In the case of Property Transfer Tax (ITP), calculated on the higher value between the sale price or the cadastral reference value, ranging between 3.5% and 7% depending on the buyer’s circumstances, all in accordance with Royal Legislative Decree 1/1993, of September 24, approving the Revised Text of the Law on Property Transfer Tax and Stamp Duty.
NOTARY AND LAND REGISTRY: These are fees subject to official tariffs; however, the estimated cost may be around €1,500 for the notary and €500 for the land registry (Royal Decree 1426/1989, of November 17, approving the Notaries’ Fee Schedule, and Royal Decree 1427/1989, of November 17, approving the Property Registrars’ Fee Schedule, respectively).
IF BANK FINANCING IS REQUIRED: The amount of any additional expenses must be agreed upon with the financial institution.

Features

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Energy qualification

Energy qualification certificate pending.

Map (Approximate location)

Consult with your agent