Middle Floor Apartment in Estepona

Middle Floor Apartment in Estepona

€365,000
  • 2 bed
  • 2 bath
  • 76 m² built
Beds
2
Baths
2
Built
76m²
The property

About This Apartment

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.
Photography

The Apartment in Pictures

Features & amenities

Every Detail

16 features of this apartment
  • Gated community
  • Close to the beach
  • Air conditioning
Setting4
  • Town
  • Close To Shops
  • Close To Sea
  • Close To Schools
Orientation1
  • South Facing
Condition1
  • Excellent Condition
Climate Control1
  • Air Conditioning
Features3
  • Lift
  • Near Transport
  • WiFi
Kitchen1
  • Fully Fitted Kitchen
Security1
  • Gated Complex
Parking1
  • Underground Parking
Utilities2
  • Electricity
  • Drinkable Water
Category1
  • Resale
Price & running costs

The Numbers

Asking price€365,000
Price per m² built
€4,803
Community feesper year
€984
Estimated buying costs≈ €33,617
Transfer tax (ITP)7%
€25,550
Notary & land registryapprox.
€3,650
Legal fees≈1% + VAT
€4,417
Total, approx.9.2% of the price
€398,617

A guide based on typical costs in Andalucía. Mortgage costs are not included. Your lawyer will confirm the exact figures before you commit. Read our guide to buying costs

The Details

Type
Apartment · Middle Floor Apartment
Reference
R5528521
Location
Estepona
Year built
2020
Status
Available

As provided by the listing agent. We verify every figure before you commit.

Location

Estepona

Costa Del Sol

Drive times · approx.
The beach
2 min
Nearest golfEstepona Golf
8 min
Puerto Banús
25 min
Marbella old town
25 min
Málaga airport
65 min
Gibraltar airport
35 min

Approximate location in Estepona. We share the exact address on enquiry.

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