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Buy 2 bedrooms apartment in Riviera del Sol
Buy 2 bedrooms apartment in Riviera del Sol
Buy 2 bedrooms apartment in Riviera del Sol
Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol Buy 2 bedrooms apartment in Riviera del Sol

High ROI Renovation Opportunity – 6 Sleeps Apartment with 2 Terraces in Riviera del Sol

Near golf, Riviera del Sol, Mijas Costa, Malaga province

239.000 € Updated 5 days ago

80 m² built, 2 bedrooms, 1 bathrooms, pool (communal), garden (communal)

Buy 2 bedrooms apartment in Riviera del Sol

Riviera del Sol

High ROI Renovation Opportunity – 6 Sleeps Apartment with 2 Terraces in Riviera del Sol

Located in Riviera del Sol (Calle Geranio), this apartment offers a rare opportunity to acquire a property with strong value-add potential and excellent holiday rental profitability.

The property features two bedrooms plus an additional annex room, allowing up to 6 guests, which is the most demanded and profitable format for holiday rentals on the Costa del Sol.

It offers two large private terraces, one bathroom and a comfortable layout.
Please note that renovation works are required, but once updated, the property becomes an ideal family home for a couple with children and, above all, a high-yield holiday rental investment.

Thanks to its configuration, terraces and Riviera del Sol’s year-round demand, the estimated rental performance is:

• Average nightly rate: approx. 115 €
• Estimated occupancy: approx. 60 %
• Estimated net annual rental income: approx. 18,000 €
• Estimated net ROI: approx. 7.5 – 8 %

Community fees are only 65 € / month, IBI 320 € / year and basura 85 € / year, making this property particularly attractive for investors.

A perfect opportunity for buyers looking for a renovation project with strong upside, lifestyle appeal and high rental returns on the Costa del Sol.

Property Details

  • 428-05124E
  • Apartment
  • 2 Bedrooms
  • 1 Bathrooms
  • 80 m² Built
  • Pool (Communal)
  • Garden (Communal)
  • Amenities near
  • Close to golf
  • Close to restaurants
  • Close to schools
  • Close to sea / beach
  • Close to shops
  • Close to town
  • Fitted wardrobes
  • Gated community
  • Internet - Fibre optic
  • Lift
  • Private terrace
  • Renovation Needed
  • Transport near
  • Uncovered terrace
  • Unfurnished

Price, costs & taxes

  • Asking price 239.000 €
  • Built m² 80 m²
  • Price per m² Built 2.988 €
  • IBI 319 € / year
  • Garbage 82 € / year
  • Community Fee 65 € / month

The sale price does not include expenses and taxes. Additional costs for the buyer: registration and notary fees, ITP (Transfer Tax) or in its absence VAT, and AJD (Stamp Duty) on new properties and subject to some requirements to be met. These costs and taxes are different depending on the province / autonomous community where the property is located and even on certain specific aspects of the buyer. All details and information sheet are available upon request from Selection Med. This information is subject to errors, omissions, modifications, prior sale or withdrawal from the market.

About the building

  • Year Built 2005
  • Floors 1
  • Property type Apartment
  • EPC In Progress

Listing agent

Selection Med

Selection Med Real Estate agents in Mijas Costa

Location

  • Riviera del Sol
  • Mijas Costa
  • Malaga province
Near golf, Riviera del Sol, Mijas Costa, Malaga province

Disclaimer This is a property advertisement (REF 428-05124E) provided and maintained by Selection Med, Plaza El Bulevar, Edificio B, Local 13, 29649 La Cala de Mijas, Mijas, Málaga (España), and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties. MalagasMLS.com does not own or control and is not responsible for the properties,website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to.

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Apartment - Riviera del Sol, Mijas Costa, Malaga province