Studio Studio in Torremolinos
Middle Floor Studio
Travel times are approximate, from the town.
About this home
Renovated studio apartment just 800 meters from the sea – Perfect for investment
For sale: a fantastic, fully renovated 41 m² studio apartment with a south-facing orientation, abundant natural light, and located in one of the best areas of Torremolinos. Just 800 meters from the beach and with all amenities within easy reach: right below the building you'll find bus stops, supermarkets, pharmacies, gyms, and much more. The commuter train station is also just a 5-minute walk away, as is the center of Torremolinos,close to the sea and with all amenities.
The building features a communal swimming pool, 24-hour concierge service, and a security camera system, offering safety and convenience year-round.
Currently, the apartment is rented on a long-term contract to reliable tenants who pay €700 per month, making it ideal for those looking to invest and generate returns from day one. The tenants have four years remaining on their contract, unless they choose to leave earlier, (They are already looking for another apartment because it's too small for them)
making it a perfect opportunity for investors seeking stable and worry-free income
Furthermore, the studio has a tourist license, which presents an excellent opportunity for future holiday rentals once the current lease expires.
A sound investment in a prime location, close to the sea and with all amenities.
Features
- Walk to the beach
- Walk to shops
- Communal pool
- Air conditioning
- Lift
- Gated community
Details
- 1978Year built
Location
The circle shows the approximate area. We share the exact address when you book a viewing.
Mortgage and buying costs
Non-residents can usually borrow 60–70% of the price, so plan for 30–40% in cash, plus about 10–13% for taxes and fees. Residents can often borrow up to 80%. The bank also needs your income to cover the payments.
- Mortgage amount
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- Your deposit
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- Transfer tax (ITP 7%)
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- Notary, registry and lawyer (about 1.5%)
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- Cash you need to buy
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Habeno is our mortgage partner for international buyers. They compare Spanish banks for you and handle the application.
This is an estimate, not a mortgage offer. Rates, fees and how much you can borrow depend on the bank, your income and where you live. Tax rates shown are for Andalucía.
Transfer tax (ITP 7%) VAT 10% + stamp duty 1.2% years- €190IBI property tax per year (approx.)
- €50community fees per month