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Ref. 00118 Apartments Torremolinos

€ 98.000 minimum
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Property Description

Investment Apartments Torremolinos for sale

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You’ve always wanted your own apartment on the Costa del Sol. To enjoy your free time on its beaches and delight in its local cuisine and its culture and leisure attractions.
And what if this includes the chance to participate in an investment with a good return?
The apartments Torremolinos are in an iconic building. Located in an extremely well connected zone, with quick access to a wide variety of leisure activities.
The building comprises 38 bright and spacious holiday apartments with 1 or 2 bedrooms in contemporary style with top quality fittings and equipment.
Seaviews from many apartments. Outside in the communal areas there is an open-air swimming pool, a children’s pool and a recreation area. Whilst inside there is a fully manned reception, an indoor restaurant, a sauna, a laundry and games room.
  • 1 bedroom apartment as from 98,000 eur
  • 2 bedroom apartment as from 173,000 eur
You can enjoy your apartment for four weeks personal use each year. During the rest of the year a professional management company will look after it and rent it out. So as to guarantee you an unbeatable return of 6% in each of the first 5 years.
OPTION 1
  • Guarantee of 6% of purchase price over the first 5 years as from the date of completion. Right to use the apartment for up to 4 weeks a year (2 weeks between November and March and 2 weeks between April and October, but not during July or August), with a minimum of 5 nights per stay.
OPTION 2
  • The management company will organize rentals, if required, for a commission of 20% of the rental income with the right to use your apartment throughout the year and to come and go as you please
Country: Spain
Property Id: 2428
Price: € 98.000 minimum
Property Size: 60 m2
Property Lot Size: 12 m2
Bedrooms: 1
Bathrooms: 1

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