Description
This investment property in Torremolinos on the Costa del Sol comprises two independent residential units with current rental income of €1,650 per month. It is located on the ground floor of an established residential complex with communal gardens and a swimming pool.
The property has a usable area of 95 m² and benefits from two independent entrances. It is currently arranged as a one-bedroom apartment and a studio apartment.
The first unit includes a living and dining area, a fully equipped kitchen, a separate bedroom and a bathroom. The second unit offers an open-plan living and sleeping area, a fully equipped kitchen with a breakfast bar, a bathroom and an additional guest toilet. In total, the property has two kitchens, two bathrooms and a guest toilet.
Features include air conditioning, complete furnishings and an overall good condition. The property also includes a garden.
Legally, the property is registered as commercial premises and is being sold in its current legal and planning status. Although it is currently configured and rented as two residential units, no official change of use to residential has been granted. Any future possibility of changing the use should be verified independently with the relevant authorities and technical advisers.
The property is situated in a well-established residential area of Torremolinos, with convenient access to local amenities, shops, schools, pharmacies and the town centre. The area benefits from stable demand for rental accommodation.
