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Our location Calle Playa Dorada 18, 29620 Torremolinos Málaga
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1 Bedroom Middle Floor Studio in Málaga Centro

Fully-renovated & fully-equipped studio apartment in the city center of Malaga

This is a fully-renovated and fully-equipped studio apartment located in the city center of Malaga, ready to be exploited, from day 1, for short or medium term rentals. Perfect for investment, due to very high ROI of approx. 19% (which can be demonstrated).

Please note that the studio will be delivered as it is, meaning: with all furniture, equipment and accessories shown in the pictures & videos.

The building has a total of 5 floors and its rooftop functions as the communal terrace, accessible through the elevator, with a great 360 degree view of the different neighborhoods of the city center of Malaga.

The location is indeed fantastic, as it is at a very short walking distance from all tourist attractions (e.g. just 5-min walk from “Plaza de la Constitución” and “Calle Larios”) and 10 minutes walk from the Cercanias train station, which reaches the Malaga airport in 11 minutes. At the same time, you find yourself next to the “Guadalmedina” river of Malaga, a dried river that splits the city in two parts, where there is an approved project to recover this area as a public space in the future. Also, free-parking space is available alongside the river, as well as several parking spaces available for short and long-term rental.

The studio has an area of ​​30 M2 and it is located on the mezzanine of the building. In a single space we have the living room/bedroom (the sofa bed turns into a double bed), the laundry area and the kitchen, while the bathroom is independent. The studio has 2 big windows facing an internal patio, making it quiet (a characteristic that is not easy to find in the city center of Malaga).

Also, the studio has air conditioning (for both cold and hot air), fast fiber-optic internet, and a smart TV.

The apartment has a tourist license with a high profitability, that can be proved under request.

Expenses are contained: IBI Tax is 101.14€ / yr, community charge is 19.93€ / month.

This property is a perfect fit for an investor or a first-time buyer.

  • Setting
    • Town
    • Close To Port
    • Close To Shops
    • Close To Sea
    • Urbanisation
  • Orientation
    • South
  • Condition
    • Excellent
    • Good
    • Recently Renovated
    • Recently Refurbished
  • Climate Control
    • Air Conditioning
    • Hot A/C
    • Cold A/C
  • Views
    • Courtyard
  • Features
    • Lift
    • Near Transport
    • ADSL / WIFI
    • Near Church
    • Fiber Optic
  • Furniture
    • Fully Furnished
  • Kitchen
    • Fully Fitted
  • Parking
    • Street
  • Utilities
    • Electricity
    • Drinkable Water
  • Category
    • Cheap
    • Investment
    • Resale

 

Community Fees: € 240 /Year

Basura Tax: € 0 /Year

IBI Fees: € 101 /Year

Property Highlights

Reference
R3810157
Price
€113,000
Location
Málaga Centro
Area
Costa del Sol
Country
Spain
Property Type
Middle Floor Studio
Bedrooms
1
Bathrooms
1
Plot Size
0m2
Living Area
34m2
Terrace
0m2

More Information

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