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Property Details 1Apartment in Riviera del Sol
A simply marvellous opportunity to acquire an apartment that will absolutely prove to be a good investment in years to come. This is actually a resort that was until recently a Time-share complex. Consequently, it has had a high level of maintenance throughout its existence. The apartments are now being offered for sale privately at very attractive prices. One of the best things about this resort is the location. As there is practically no available land available for building near to the coast, it is unusual to find such a great location as this. It is approximately 7 minutes walk to the beach, 3 minutes to the shops and numerous other amenities in the area (including a golf course). There are a choice of units starting from 174.950€ and are almost the same design - 2 bedrooms, 1 bathroom, kitchen, living room and terrace. They are in good condition but the building materials do reflect the time that the complex was built (1984). What makes this a great opportunity is that we can offer a reform service for the very economical cost of 33.500€. With the reform, we can transform the apartment into a 2 bed, 2 bath one with new electricity system, new fully fitted kitchen, new flooring, new windows and new bathrooms as well as fitted wardrobes. This will immediately create an uplift in value that will exceed the cost of the reform. On top of this, as it was originally a time share resort, there is a huge rental demand for this area and a steady income stream is possible to create. The original units are being sold fully furnished. However, if a buyer were to reform the apartment, they would almost certainly want to change the furniture as well. New furniture packages are offered starting from 8.000€. A really promising investment.
  • Setting

    Close To Golf

    Urbanisation

    Close To Shops

    Close To Sea

    Close To Town

  • Orientation

    South West

  • Condition

    Fair

  • Pool

    Children`s Pool

    Communal

  • Views

    Garden

    Pool

    Sea

  • Features

    Covered Terrace

    Near Transport

    Satellite TV

  • Kitchen

    Fully Fitted

  • Garden

    Communal

  • Security

    Gated Complex

  • Parking

    Communal

  • Category

    Bargain

    Holiday Homes

  • Furniture

    Fully Furnished

  •  

    Community Fees:

    Basura Tax:

    IBI Fees:

    Property Highlights

    Reference
    M088608
    Price
    €174,950
    Location
    Riviera del Sol
    Area
    Málaga
    Property Type
    Apartment
    Bedrooms
    2
    Bathrooms
    1
    Plot Size
    0 m2
    Living Area
    70 m2
    Terrace
    7 m2

    More Information

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