Middle floor apartment in Fuengirola

€ 115,000

For Sale
1
20 m2
Pool
Built in 1975

Description

PLEASE READ THE DESCRIPTION. PROPERTY WITH A FIXED RETURN OF 5%, WITH SPECIAL CONDITIONS, NOT FOR PRIVATE USE.
This studio in Hotel el Puerto is not just a property, but a strategic option for those looking to diversify their investment portfolio. With a fixed return of 5%, you can have peace of mind knowing that your investment will generate consistent income. This is especially attractive in the current context, where financial stability is key.

It is important to highlight that this property is specifically designed to be EXPLOITED BY HOTEL EL PUERTO, which means that YOU WILL NOT BE ABLE TO USE IT AS A PRIVATE RESIDENCE. However, this also has its advantages: the hotel takes care of the complete management of the property, including administration, maintenance, and all associated costs such as electricity, water, and community fees. This allows you to enjoy an investment without the complications that often come with being a property owner.

The studio has a built area of 20 square meters, making it ideal for tourists looking for a comfortable and well-located getaway. Additionally, it features a private bathroom and centralized air conditioning, ensuring that guests have a pleasant experience during their stay. The views of the sea and the mountains are a great attraction, which can increase demand and, therefore, the profitability of your investment.

The lease contract is automatically renewed, providing you with additional security regarding the continuity of your income. This means you won’t have to worry about finding tenants or managing bookings, as the hotel takes care of everything; the income you receive is always the same and does not fluctuate.

WE CURRENTLY HAVE 4 PROPERTIES AVAILABLE FOR SALE WITH THESE CHARACTERISTICS:
- Studio 509 located on the 7th floor, Sancho Panza building, facade of C/ Oviedo/ Paseo Maritimo/ Moncayo/ Jacinto PRICE €199,000 ANNUAL PROFITABILITY: €8,814.44
- Studio 726, 9th floor, Don Quijote building, facade of Paseo Maritimo PRICE: €110,000 ANNUAL PROFITABILITY: €4,737.03
- 1125, 13th floor, Quijote building, facade of Paseo Maritimo PRICE €115,000 ANNUAL PROFITABILITY: €5,176.80
- 1523, 17th floor, Quijote building, facade of Paseo Maritimo (SOLD)

If you are interested in obtaining more information, please do not hesitate to contact us. We are here to answer any questions you may have!

Characteristics

Furniture

Click on an attribute to show only houses with this attribute.

Cost

Community Not known
Garbage € 60 per year
Tax (IBI) € 100 per year

Energy Label

CO2 Not known
Consumption Not known

Location

The location is not exact

Reference: R4846117

Fuengirola
Costa del Sol
Spain

History

27 September 2024 13:31
Posted
15 January 2025 14:00
Price changed:

€ 115,000

Pool
Built in 1975
Contact us
Share the link to this property:
Copied to clipboard

The price does not include expenses and taxes. The additional costs to the price to be paid by the buyer are: New home/1st Transfer Value Added Tax (VAT) 10% (or 4% in the case of protected housing); or in the case of 2nd and/or Subsequent Transfers, Transfer Tax (ITP) 7%. In addition, the formalisation in public document of the purchase contract (deeds) is subject to AJD Stamp Duty (AJD Actos Jurídicos Documentados) 1.2% on the purchase price, registration and notary fees. You have at your disposal a copy of the corresponding information sheet of this property in our office according to Decree 218/2005 of 11 October.

Can we help you?

Buy and sell with confidence

We are happy to help you find your new dream home or sell your existing Spanish home. Good guidance will save you a lot of stress and ensure that you will not be faced with unpleasant financial surprises. Just contact us and we will be happy to help you!

Costa
Find your Spanish home
Download our app for iPhone and iPad Download our app for Android

We and third parties track your internet behavior on our website with cookies. If you continue, we will assume you agree to our cookie policy.