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Property marketed by Nicole Beyer Real Estate 1994 SL
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This apartment is located in a central area of Málaga and only about 500 meters from the beach – just a three to four minute walk. Right next to the building are the well-known Málaga Towers – Living, which highlight the modern development and growing attractiveness of this highly sought-after area. This property therefore represents an excellent investment opportunity in one of the most dynamic and desirable cities in Spain. Despite its central location, the apartment is situated in a quiet and family-friendly residential area, combining a pleasant living environment with close proximity to the vibrant city life.
The apartment offers a built area of approximately 80 square meters and is located on the third floor of a well-maintained residential building with an elevator. The current layout includes three bedrooms, one bathroom, a separate kitchen and a living area. The building is in good condition and provides a solid basis for a stable long-term investment.
A particular advantage of this property is its great potential for redesign and value appreciation. The existing layout can be modernized and adapted to contemporary living concepts. For example, a new floor plan could create an open kitchen connected to a spacious living and dining area, resulting in a bright and modern living atmosphere.
In addition, there is the possibility of recreating a balcony in the kitchen area through an alternative glazing solution, which would further increase the comfort and attractiveness of the apartment.
With a tasteful renovation, the property can be significantly upgraded and become highly attractive both for personal use and for rental purposes. Demand for real estate in Málaga has increased steadily in recent years, making the city an especially attractive location for property investments.
Overall, this is a rare opportunity to acquire a property with great development potential in a vibrant and growing city. The combination of excellent location, proximity to the beach, a quiet residential environment and flexible layout possibilities makes this apartment a highly attractive investment in Málaga.
The apartment offers a built area of approximately 80 square meters and is located on the third floor of a well-maintained residential building with an elevator. The current layout includes three bedrooms, one bathroom, a separate kitchen and a living area. The building is in good condition and provides a solid basis for a stable long-term investment.
A particular advantage of this property is its great potential for redesign and value appreciation. The existing layout can be modernized and adapted to contemporary living concepts. For example, a new floor plan could create an open kitchen connected to a spacious living and dining area, resulting in a bright and modern living atmosphere.
In addition, there is the possibility of recreating a balcony in the kitchen area through an alternative glazing solution, which would further increase the comfort and attractiveness of the apartment.
With a tasteful renovation, the property can be significantly upgraded and become highly attractive both for personal use and for rental purposes. Demand for real estate in Málaga has increased steadily in recent years, making the city an especially attractive location for property investments.
Overall, this is a rare opportunity to acquire a property with great development potential in a vibrant and growing city. The combination of excellent location, proximity to the beach, a quiet residential environment and flexible layout possibilities makes this apartment a highly attractive investment in Málaga.
Property Features
- 3 bedrooms
- 1 bathroom
- 85m² Build size
- South-west orientation
- 5 m² terrace
- Amenities near
- Transport near
- Air conditioning
- Beach Side
- Close to sea / beach
- Renovation Needed
- Close to shops
- Close to town
- Close to port
- Close to schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,900€
Final Payment of 90% on completion
305,100€
Property Purchase Expenses
Property price
339,000€
Transfer tax 10%
33,900€
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.
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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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