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1 bedroom apartment for sale in Malaga, Spain
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1 bedroom apartment for sale in Malaga, Spain

303 000€

Málaga

Features

  • 85 m² surface area (915 sqFt)
  • N/C
  • 1 bedroom
  • Lift
  • 1 bathroom

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Price Difference:

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Expected Rent:

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Property description

Excellent investment opportunity in the heart of Málaga! This property is perfect for those looking for a renovation project with immense potential for appreciation. Currently a former commercial space, it has all the necessary permits approved for its transformation into a modern home. This is an opportunity you cannot afford to miss! The apartment is designed as a cozy one-bedroom space with a spacious living room, an open kitchen, and a private interior patio of 8.71 m², perfect for enjoying the outdoors in the city center. Situated in the prime location of Málaga, you will be just steps away from bars, bakeries, restaurants, shops, and all the amenities that this vibrant city offers. Enjoy urban life with the comfort of a well-designed home tailored to your needs. With a total area of 81 m², the property has a living room of 27.40 m², kitchen of 9.92 m², master bedroom of 15.55 m², full bathroom of 3.89 m², and a private interior patio of 8.71 m². Upon completion of the renovation, this apartment is estimated to be valued between 460,000 - 470,000 euros, based on the current price per square meter in the area. The renovation cost will be approximately one-third of this increase in value, making it a highly profitable investment. Overall, this property presents a fantastic opportunity for investors or individuals looking to create their dream home in the bustling city of Málaga.

Location

Málaga

Date added: 23.09.2024

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