Torremolinos 2 bed Ground Floor Apartment R5431705

## INVESTMENT OPPORTUNITY WITH APPROX. 10% GROSS YIELD IN TORREMOLINOS

Discover an exceptional opportunity for investors seeking immediate rental income in one of the Costa del Sol's most desirable rental locations. This Ground Floor Apartment measures 96 m² and is currently configured as two independent residential units, yielding a total rental income of €1,650 per month.

### INVESTMENT HIGHLIGHTS

This unique investment boasts a remarkable approximate gross yield of 9.95%. With its current monthly rental income of €1,650, the annual rental income stands at €19,800, making it an attractive proposition for investors looking to maximise their returns.

### CURRENT LAYOUT

The Ground Floor Apartment features two independent entrances, showcasing two self-contained units that cater to diverse rental needs.

**Unit 1 – One-Bedroom Apartment** includes a living and dining area, a fully equipped kitchen, a separate bedroom, and a full bathroom.

**Unit 2 – Studio Apartment** offers an open-plan living and sleeping area, a fully equipped kitchen with a breakfast bar, and a full bathroom, along with an additional guest toilet.

### FEATURES

Spanning 96 m², this ground floor apartment is in good overall condition and is sold fully furnished. It comprises two fully equipped kitchens, two full bathrooms, and an additional guest toilet. The Ground Floor Apartment also benefits from air conditioning and is located within a residential complex featuring communal gardens and a swimming pool, enhancing its appeal.

### IMPORTANT INFORMATION

Legally registered as commercial premises, the Ground Floor Apartment is being sold in its current legal and planning status. While it is presently configured and rented as two residential units, any potential change of use to residential should be independently verified by the purchaser with relevant authorities and technical advisors.

### LOCATION

Situated on Calle Loma del Colegial in a well-established residential area of Torremolinos, the location offers excellent access to a variety of amenities. Residents will enjoy walking distance to the town centre, proximity to supermarkets, schools, pharmacies, and shops. The nearby C-1 commuter train station provides direct connections to Málaga and Fuengirola, while Málaga International Airport is less than 10 minutes away.

This area is known for its strong and consistent rental demand, making it a strategic investment choice.

Seize this rare opportunity to acquire an income-producing asset with proven rental returns in a thriving Costa del Sol location.