Description

This renovated three-bedroom apartment in Malaga presents a highly promising investment opportunity. Strategically located for excellent city and metropolitan area connectivity, the location guarantees sustained rental demand. Currently renting at 600 euros monthly, this property ensures immediate passive income, with rental adjustments linked to the CPI, offering protection against inflation and enhancing long-term profitability.

The apartment yields an annual return of 6-7% if purchased outright, with potential returns of up to 9% via mortgage financing, making it a standout choice in today’s market landscape. A reliable tenant with a history of punctual payments is secured for the next seven years, guaranteeing a stable income stream.

With no community fees, and both IBI and garbage expenses amounting to just 200 euros annually, the investment’s appeal is further amplified. The property’s growth potential is bolstered by its sought-after location and the area’s high rental demand, which promises significant revaluation over time.

Please note, under the decree of the Junta de Andalucía 218/2005, notary, registry, and ITP costs are not included in the price, though real estate brokerage commissions are covered.