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We are pleased to offer you complete registration in the Property Registry, ensuring a smooth transition into your new investment.
This versatile property in Malaga presents an excellent opportunity for those seeking a residence with significant potential for profitability, all within a well-connected neighborhood. Nestled in the desirable area of La Luz, this apartment spans approximately 71 m2 and features four well-appointed bedrooms, making it an ideal choice for families, groups, or investors looking to maximize space and rental income.
Situated on the second floor, the apartment boasts a thoughtful layout that optimizes natural light and functionality. It includes four spacious bedrooms, each equipped with fitted wardrobes, providing ample storage for personal belongings. The property also features a full bathroom and a separate kitchen that allows for culinary creativity, making it perfect for both everyday living and entertaining guests. With air conditioning installed, you can enjoy a comfortable atmosphere year-round.
The property comes with an active tourist license, which enhances its appeal as a lucrative investment. Currently, the apartment is rented out during the academic year until June 1, generating a consistent income of €1,900 per month. Additionally, during the bustling summer months, it has reported impressive earnings of approximately €6,000 per month through tourist rentals. This unique combination of its strategic layout, active tourist license, and prime location opens the door to various rental strategies throughout the year, catering to the needs and preferences of different buyers.
In terms of community living, the current community fee stands at €108 per month, primarily due to ongoing maintenance work. Residents can look forward to a decision in October regarding potential adjustments to this fee, which may involve the installation of an elevator, thereby enhancing accessibility for all.
The location of this apartment in La Luz is a significant advantage. This well-established area of Malaga is bustling with amenities, including supermarkets, shops, and essential services that cater to everyday needs. Public transportation options are plentiful, with metro and bus connections nearby, facilitating easy travel to the heart of Malaga and the stunning coastline. This convenience makes it an attractive option for both renters and owners alike.
This property is an exceptional opportunity for anyone in search of a four-bedroom residence with an active tourist license and versatile usage options throughout the year. Please note that the building does not have an elevator. The income figures provided are based on past performance and do not guarantee future earnings, as these depend on occupancy rates, associated expenses, and market conditions.
In compliance with the decree of the Junta de Andalucía 2182005 of October 11, please be informed that notarial expenses, registration fees, ITP, and other costs related to the purchase are not included in the price. Real estate mediation costs, amounting to 3% plus VAT, are the responsibility of the buyer. Consumers have the right to receive a copy of the corresponding abbreviated information document (DIA) regarding the property.
