Description

Price 175.000 €

Great investment opportunity in Torremolinos, modern 35 sqm studio apartment, located on an upper floor and fully refurbished, ready to move into or continue operating as a holiday rental

The property holds a valid tourist licence and offers excellent profitability, thanks to its prime central location, within walking distance of the town centre, bus station, and commuter train with direct connections to Málaga city and the airport, and just 15 minutes walk from the beach

It is sold fully equipped, featuring air conditioning, contemporary finishes, and a smart layout that maximises space

The building benefits from 24 hour concierge service, providing comfort and peace of mind

The studio stands out for being very bright and for its open panoramic views over the city, a highly desirable feature

An ideal option as a tourist rental investment, second home, or urban retreat in one of the most popular areas of the Costa del Sol

Agency fee of 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: NL202975

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

•  1 Bath
•   35 m2 built
•   35 Useful m2

Energy qualification