El Paraiso, Costa del Sol, Málaga
Top Floor Apartment for sale in El Paraiso - 1 bed, 1 bath, 61 m²
€249,000
€4,082/m²
- 1Bedrooms
- 1Bathrooms
- 61 m²Built
- 10 m²Terrace
Description of Top Floor Apartment for sale in El Paraiso
Located within the sought after gated community of Patio Alcornocal in El Paraíso, this 1 bedroom, 1 bathroom apartment represents a fantastic opportunity for buyers looking for a well located holiday home, permanent residence or investment property on the Costa del Sol.
The apartment is just a few minutes’ walk from the beach, as well as a wide range of restaurants, cafés, supermarkets, shops and everyday amenities, making it an exceptionally convenient location for both owners and holiday guests.
A major advantage for investors is that tourist rentals are permitted within the community, giving the property excellent potential as a short-term rental investment.
Patio Alcornocal has recently benefited from a brand new communal swimming pool, complemented by attractive landscaped gardens, creating a peaceful and welcoming environment to enjoy throughout the year.
The property is perfectly usable in its current condition, allowing a buyer to move in or begin using it immediately.
Alternatively, it offers an excellent renovation opportunity, with the potential to create a stylish modern apartment and further increase both its rental appeal and future resale value.
With its combination of walking distance location, gated community, new swimming pool, tourist rental potential and scope to add value, this is a particularly attractive opportunity at this price point in El Paraíso.
An ideal lock up and go holiday home, rental investment or renovation project just minutes from the beach.
Top Floor Apartment for sale in El Paraiso Features
Setting
- Close To Golf
- Close To Shops
- Close To Sea
- Close To Town
- Close To Schools
- Urbanisation
Condition
- Fair
Pool
- Communal
Views
- Garden
Features
- Covered Terrace
- Near Transport
- Private Terrace
- Ensuite Bathroom
Kitchen
- Fully Fitted
Garden
- Communal
Security
- Gated Complex
Parking
- Communal
Category
- Golf
- Holiday Homes
Buying and running costs of Top Floor Apartment for sale in El Paraiso
To buy it
| Asking price | €249,000 |
| Transfer tax (ITP, 7%) | €17,430 |
| Notary & land registry (approx.) | €2,490 |
| Lawyer (approx. 1% + VAT) | €3,013 |
| Estimated total | €271,933 |
Estimate for a resale home in Andalucía. New builds pay 10% VAT and 1.2% stamp duty instead of transfer tax. Your lawyer will confirm the exact figures.
To own it
€24/month
| IBI (property tax) | €210/yr |
| Rubbish collection | €83/yr |
Fixed yearly costs declared by the seller. Utilities and insurance are extra.
Details of Top Floor Apartment for sale in El Paraiso
- Type
- Top Floor Apartment
- Location
- El Paraiso, Costa del Sol, Málaga
- Price
- €249,000
- Built size
- 61 m²
- Terrace
- 10 m²
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