7 bedroom Commercial Property for sale

7 bedroom Commercial Property for sale

Benalmadena Costa, Málaga
985,000
 
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
  • 7 bedroom Commercial Property for sale
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Ref: M242524
Property marketed by MarBanus SL MarBanus SL
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BENALMADENA, BEACHFRONT PROPERTY- PANORAMIC SEA VIEWS - TOURIST LICENSE- 4 apartments sold as a package with high ROI... around 10% per annum
Frontline beach location! This is a fantastic investment opportunity. This is a large property that has been subdivided in a total of 4 rental apartments, with a valid tourist license and a proven rental record. All four units are fully furnished with a fully fitted kitchen, private huge private terraces with hammocks and barbeque area and access to the beach. The apartments enjoy a superb frontline beach location in Benalmadena Costa, and within walking distance to all amenities, including restaurants and transport.
3 "apartments" have 2 bedrooms, 1 bathroom, living room, kitchen and terrace, one of them with a huge terrace to put hammocks and barbecue.
1 apartment has 1 bedroom, 1 bathroom, living room and kitchen.
They have a tourist license.

A truly UNIQUE property on the Costa del Sol as you walk out onto the beach and live right on the sea front. The living area is 205 meters, 60 meters of terrace and a huge 480m2 basement where you can create more rooms, a gym, recreation , cinema room or entertainment facilities. Enjoy sunsets and sunrise directly on the water. This location is exceptional as the building has its own beach club and restaurant with easy parking and a bus stop outside. The famous Trocadero Restaurant is nearby and Torremuelle train station is 10 minutes walk away. Benalmadena Marina is 10 minutes drive away and Malaga Airport is 20 minutes away. As a rental investment this is phenomenal as it can earn €100,000 per year on holiday rentals and there is nothing similar for sale on the Costa del Sol. Call us directly for a viewing

Property Features

  • 7 bedrooms
  • 4 bathrooms
  • 348m² Build size
  • Beachside
  • Urbanisation
  • Close To Shops
  • Close To Sea
  • Close To Town
  • Close To Schools
  • Beachfront
  • South
  • Excellent
  • Air Conditioning
  • Pre Installed A/C
  • Hot A/C
  • Cold A/C
  • Sea View
  • Panoramic
  • Covered Terrace
  • Near Transport
  • Ensuite Bathroom
  • Double Glazing
  • Utility Room
  • Marble Flooring
  • Fitted Wardrobes
  • Fully Fitted
  • Entry Phone
  • Electricity
  • Investment
  • Resale
  • Luxury

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
95,500€
Final Payment of 90% on completion
886,500€
 
Property Purchase Expenses
Property price
985,000€
Transfer tax 10%
98,500€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:
985,000€
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Interest Rate:
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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