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Riviera del Sol, Costa del Sol, Málaga

Middle Floor Studio for sale in Riviera del Sol - 1 bath, 40 m²

€225,000

€5,625/m²

  • 1Bathrooms
  • 40 m²Built
  • 15 m²Terrace
  • 1990Built in

Description of Middle Floor Studio for sale in Riviera del Sol

Studio with panoramic sea views in Riviera del Sol

A well-positioned studio apartment in Riviera del Sol with one feature that really stands out: the view.

Set within an established and well-maintained urbanisation, the property enjoys an elevated position with wide open views across Riviera del Sol towards the Mediterranean and surrounding coastline.

The apartment has a total constructed area of approximately 53m², including the enclosed terrace, and is currently arranged as an open-plan living and sleeping space, with a separate bathroom, compact kitchen and useful built-in storage.

The original terrace has been enclosed to create an additional sun-room/living area directly in front of the panoramic glazing.

This makes particularly good use of the outlook and also gives a future owner scope to rethink the space and create a more contemporary feel.

The property is currently occupied by a reliable long-term tenant with a good payment history, which may appeal to an investor looking for an apartment already producing rental income.

The tenant is aware that the property is being marketed for sale.

A buyer may therefore have the option of continuing the existing rental arrangement, while vacant possession can be considered where required, subject to the terms of the tenancy and applicable notice requirements.

The apartment is perfectly functional in its current condition, although it would benefit from some cosmetic updating and modernisation.

For the right buyer, this provides an opportunity to improve the property to their own taste rather than paying a premium for somebody else's refurbishment.

The urbanisation itself is attractive and well maintained, with landscaped communal areas and swimming pools.

Uncovered parking is available within the community, and the apartment is positioned towards the end of a quiet cul-de-sac.

It could work particularly well as a Costa del Sol holiday base for someone who values views and a manageable property, or as a long-term rental investment with an existing tenant already in place.

Key features:

Approximately 53m² including enclosed terrace
Panoramic views across Riviera del Sol towards the sea
Currently rented to a reliable long-term ‌tenant
Enclosed ‌terrace ‌/ ‌sun room
Established, ‌well-maintained ‌community
Communal swimming pools ‌and ‌gardens
Parking ‌within the ‌urbanisation
Built-in ‌storage
Quiet ‌cul-de-sac ‌position
Scope ‌to modernise and improve
Suitable as ‌a ‌holiday ‌home ‌or ‌long-term ‌rental ‌investment

Middle Floor Studio for sale in Riviera del Sol Features

Setting

  • Close To Shops
  • Close To Sea
  • Urbanisation

Orientation

  • South West

Condition

  • Renovation Required

Pool

  • Communal

Views

  • Sea
  • Panoramic

Features

  • Covered Terrace
  • Fitted Wardrobes
  • Tennis Court

Furniture

  • Part Furnished

Kitchen

  • Fully Fitted

Garden

  • Communal

Security

  • Gated Complex

Parking

  • Communal

Utilities

  • Electricity
  • Drinkable Water

Category

  • Holiday Homes

Buying and running costs of Middle Floor Studio for sale in Riviera del Sol

To buy it

Asking price€225,000
Transfer tax (ITP, 7%)€15,750
Notary & land registry (approx.)€2,250
Lawyer (approx. 1% + VAT)€2,723
Estimated total€245,723

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

€99/month

Community fees€972/yr
IBI (property tax)€213/yr

Fixed yearly costs declared by the seller. Utilities and insurance are extra.

Details of Middle Floor Studio for sale in Riviera del Sol

Type
Middle Floor Studio
Location
Riviera del Sol, Costa del Sol, Málaga
Price
€225,000
Built size
40 m²
Terrace
15 m²
Energy rating
147.00
Year built
1990

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