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Global Properties

40m² Apartment in Torremolinos, Spain No. 293326

$ 224 161
$ 5 604 per m²
1 Bathrooms
40 Living space, m²
Torremolinos, Spain
Parameters
Bathrooms
1
Living space, m²
40
ID
293326
Type
Apartment
Property description
INVESTMENT OPPORTUNITY – STUDIO WITH TOURIST LICENCE IN TORREMOLINOS TOWN CENTRE – SECOND UNIT ALSO AVAILABLE NEXT DOOR

LIVE OR INVEST IN THE HEART OF TORREMOLINOS, JUST MINUTES FROM THE BEACH AND ALL SERVICES – WITH IMMEDIATE RENTAL POTENTIAL

This stylish studio is located on the second floor of a well-maintained building in a prime central area of Torremolinos. Ideal as a personal getaway, permanent residence, or a profitable short-term rental. A second, identical studio next door is also for sale – offering the option to purchase both units together or separately, and even to combine them into one larger apartment.


PROPERTY HIGHLIGHTS

— Surface: 40 m² built
— Layout: Open-plan design with 1 full bathroom
— Balcony: South-facing – sunny all day
— Fully furnished and move-in ready
— Built-in wardrobes
— Building adapted for reduced mobility

COMMUNAL AREAS & SERVICES

— Communal pool
— Concierge service
— Hot water included in the community fee

EXPENSES
— Comunidad: 90 €/month
— IBI: 400 €/year

LOCATION ADVANTAGES

Located in the centre of Torremolinos, surrounded by all key services:
— Supermarkets
— Public transport
— Restaurants and cafés
— Beaches within walking distance

INVESTMENT POTENTIAL

— Tourist licence included
— Immediate profitability through short-term rentals (Airbnb, Booking)
— Option to join two units and increase resale value

SALE PRICE: includes agency fees – no additional costs for the buyer

In compliance with Decree 218/2005 of the Junta de Andalucía, we inform you that notary fees, registry fees, transfer tax (ITP) and other costs associated with the purchase are not included in the price.

YOUR NEXT INVESTMENT IN THE COSTA DEL SOL STARTS HERE, IN TORREMOLINOS.

Need financing for the purchase or the renovation?
Features
Features
  • Terrace
  • Cable ready
Outdoor features
  • Garden
  • Swimming pool
Statistics Torremolinos
$ 12 425
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Torremolinos
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 154
2-Room Apartment
$ 1 039
Apartment Purchase Price per m²
In the City Center
$ 12 425
Outside the City Center
[:nprice_101:]
Crime Index
39
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
N/A
Safety Index
61
Traffic CO₂ Index
0
Traffic Inefficiency Index
9
Rent Index
25
Health Care Index
N/A
Groceries Index
N/A
Pollution Index
N/A
Traffic Commute Time Index
30
Restaurant Price Index
54
Climate Index
N/A
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
43
Restaurants
Meal, Inexpensive Restaurant
$ 15.01
Meal for 2 People, Mid-range Restaurant, Three-course
$ 69.26
McMeal at McDonalds (or Equivalent Combo Meal)
$ 10.39
Domestic Beer (0.5 liter draught)
$ 3.46
Imported Beer (0.33 liter bottle)
$ 4.04
Coke/Pepsi (0.33 liter bottle)
$ 2.05
Water (0.33 liter bottle)
$ 1.47
Cappuccino (regular)
$ 2.09
Markets
Milk (regular), (1 liter)
$ 1.16
Loaf of Fresh White Bread (500g)
$ 1.45
Eggs (regular) (12)
$ 2.99
Local Cheese (1kg)
$ 14.27
Water (1.5 liter bottle)
$ 0.74
Bottle of Wine (Mid-Range)
$ 6.00
Domestic Beer (0.5 liter bottle)
$ 1.24
Imported Beer (0.33 liter bottle)
$ 2.20
Cigarettes 20 Pack (Marlboro)
$ 6.72
Apples (1kg)
$ 2.45
Chicken Fillets (1kg)
$ 8.44
Oranges (1kg)
$ 1.88
Potato (1kg)
$ 1.78
Lettuce (1 head)
$ 1.27
Rice (white), (1kg)
$ 1.57
Tomato (1kg)
$ 2.47
Banana (1kg)
$ 2.07
Onion (1kg)
$ 2.13
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 14.12
Transportation
One-way Ticket (Local Transport)
$ 2.08
Gasoline (1 liter)
$ 1.73
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 36 362
Taxi Start (Normal Tariff)
$ 1.75
Taxi 1km (Normal Tariff)
$ 1.11
Taxi 1hour Waiting (Normal Tariff)
$ 15.24
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 29 949
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 122
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 26.63
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 13.28
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 2 193
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
3%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 28.86
Cinema, International Release, 1 Seat
$ 8.77
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 89.23
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 40.43
1 Pair of Nike Running Shoes (Mid-Range)
$ 90.06
1 Pair of Men Leather Business Shoes
$ 110
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 612
International Primary School, Yearly for 1 Child
$ 8 246
IAD Real Estate
IAD Real Estate
Contact seller
IAD Real Estate
IAD Real Estate
Contact seller

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