Attention investors – rented property with a 5% return!
Centrally located in Fuengirola, this first-floor apartment features 3 bedrooms, a separate kitchen, and a bathroom with shower, sink, and toilet.
Via the main entrance and staircase (no lift) you reach the first floor, where there are four apartment doors. The building consists of a ground floor with commercial units and four residential floors, totaling 16 apartments. Built around 1965.
The apartment is in good condition and can be rented out in its current state. The current tenant wishes to remain in the property.
In 2023, a new Samsung AC split unit was installed in the living room, and the washing machine was also replaced in 2023.
The apartment is connected to fiber optic internet (contract in tenant’s name).
Water and electricity are charged based on consumption.
The current tenant has lived in the apartment for two years and has paid all rent on time. They have expressed a desire to continue renting.
Middle floor apartment in Fuengirola
€ 189,000
Description
Dimensions
| Built area | 71 m2 |
| Usable | 65 m2 |
| Terrace | 6 m2 |
| Levels | 1 |
Cost
| Community | € 35 per month |
| Garbage | € 80 per year |
| Tax (IBI) | € 320 per year |
Energy Label
| CO2 | E | 24 kgCO2/m2 per year |
| Consumption | E | 133 kWh/m2 per year |
Characteristics
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Location
Reference: R5075482
FuengirolaCosta del Sol
Spain
History
€ 189,000
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.
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