Estepona, Costa del Sol, Málaga
Middle Floor Apartment for sale in Estepona - 2 beds, 2 baths, 76 m²
€365,000
€4,803/m²
- 2Bedrooms
- 2Bathrooms
- 76 m²Built
- 2020Built in
Description of Middle Floor Apartment for sale in Estepona
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.
Middle Floor Apartment for sale in Estepona Features
Setting
- Town
- Close To Shops
- Close To Sea
- Close To Schools
Orientation
- South Facing
Condition
- Excellent Condition
Climate Control
- Air Conditioning
Features
- Lift
- Near Transport
- WiFi
Kitchen
- Fully Fitted Kitchen
Security
- Gated Complex
Parking
- Underground Parking
Utilities
- Electricity
- Drinkable Water
Buying and running costs of Middle Floor Apartment for sale in Estepona
To buy it
| Asking price | €365,000 |
| Transfer tax (ITP, 7%) | €25,550 |
| Notary & land registry (approx.) | €3,650 |
| Lawyer (approx. 1% + VAT) | €4,417 |
| Estimated total | €398,617 |
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
€82/month
| Community fees | €984/yr |
Fixed yearly costs declared by the seller. Utilities and insurance are extra.
Details of Middle Floor Apartment for sale in Estepona
- Type
- Middle Floor Apartment
- Location
- Estepona, Costa del Sol, Málaga
- Price
- €365,000
- Built size
- 76 m²
- Year built
- 2020
Similar Properties in Estepona
Loading…
