Middle Floor Apartment — Estepona
Estepona, Costa del Sol, Málaga, Spain
€365,000
Reference: R5528521
Bedrooms
2
Bathrooms
2
Built area
76 m²
Year Built
2020
ESTEPONA | INCOME PRODUCING INVESTMENT
New build two bedroom, two bathroom apartment in the centre of Estepona, located just a six minute flat walk from the beach. Situated on the fifth floor of a modern development with lift access, the property also benefits from a 10 m² south facing terrace.
The asking price is €379,000 and the property currently generates a rental return of approximately 6%, with a long term tenant already in place and rental income guaranteed.
INVESTMENT SALE ONLY
This property is being sold strictly as an income producing investment. The existing long term rental contract forms part of the sale and must be fully respected by the purchaser. The apartment will not be sold vacant, and the existing tenancy cannot be terminated as a condition of purchase.
A turnkey investment offering immediate rental income, an established tenancy and an excellent location within easy walking distance of both the beach and Estepona town centre.
Location and surroundings
Approximate location
Estepona, Costa del Sol, Málaga, Spain
For security reasons the map shows the area only – the exact address is not published. The exact location is confirmed case by case by Darius Ringaitis.
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What will it cost in total?
Resale: as a preliminary estimate, add about 10% to the price. This covers the property transfer tax (ITP), notary, land registry and legal fees.
- Taxes and fees (~10%)
- ~€36,500
Preliminary total price~€401,500
This is a very preliminary estimate. The exact amount is confirmed case by case by the notary and the lawyer. About the buying process and taxes