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Apartment Block Torremolinos For Sale

Torremolinos, Malaga, Spain
Asking Price:
€1,250,000
Turnover:
€68,500
Net Profit:
Available on request

Entire Apartment Block for Sale

11 Long Term Rented Apartments in 1 Building

This modern apartment block was built is 2011 and is located in a sort after area of Torremolinos in the Province of Malaga on the Costa del Sol, Spain

The property comprises:

Basement with 11 x Store Rooms
2 Floors of Apartments, 7 x One Bedrooms and 2 x Two Bedrooms

1 Floor of 2 x Two Bedroom/2 Bathroom Duplex Penthouse Apartments

The building is well maintained and in excellent condition. All the apartments are fully furnished to include white goods, home appliances and TVs etc. There is a lift to all floors.

Generating a ROI of 5.5%

For Sale Freehold with Long Term Rental Agreements in all apartments

1,250,000 Euros -

(One million two hundred and fifty thousand Euros)

Property Information

Real Estate:

Real Property Included

Location:

Torremolinos

Premises Details:

Modern Apartment Block, Constructed in 2011

Business Operation

Competition / Market:

None

Years established:
11