Make an Enquiry About This Property
The apartment offers 36 m² of intelligently designed living space and is sold fully furnished and equipped, making it a true turnkey opportunity for both investors and lifestyle buyers.
The interior features a bright open-plan living area with a large window that fills the space with natural light. The modern kitchen is fully equipped and seamlessly integrated into the living area, creating a comfortable and practical environment. A sofa bed allows for additional guest accommodation, increasing rental flexibility. The property also includes a separate double bedroom, ensuring privacy and comfort, as well as a contemporary bathroom with a walk-in shower and natural ventilation.
Designed with both comfort and durability in mind, the apartment includes air conditioning, high-quality porcelain flooring, aluminum windows, and a reinforced security door.
An underground parking space is available in the same building (not included in the price, approx. €20,000), with the option to negotiate a package deal.
From an investment perspective, the property is currently rented on a long-term basis, generating around a 5% annual return, with the possibility to take over the existing tenant until September. In addition, tourist rental license can be asked for the apartament (approved by the community), which could increase the potential yield to approximately 10% per year.
This is a rare opportunity to acquire a low-maintenance, income-generating property in a prime coastal location with excellent connectivity and strong rental demand year-round.
Agency fees are included in the price. Notary, registry, and transfer tax costs are not included.
Property Features
- 1 bedroom
- 1 bathroom
- 36m² Build size
- Communal garage
- City views
Costing Breakdown
* 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 Result
* 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.
Similar Properties
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.