Málaga Centro
Ground floor apartment for sale in Málaga Centro | 1 bedrooms
Málaga Centro, Costa del Sol, Málaga
€ 321.500
Ref. R3238774
1
Bedrooms
1
Bathrooms
52 m²
Built area
Yes
Pool
2015
Year built
Description
This ground floor apartment for sale in Málaga Centro has 1 bedroom and 1 bathroom and offers a built area of 52 m². The property also features a swimming pool. The asking price is € 321.500; on top of that, budget 12 to 14% buyer's costs. As your fixer, I check the legal status and the actual running costs, arrange the viewing and guide you through the purchase, all the way to the transfer of ownership and the rental afterwards.
With turistic licence ! Ground Floor Apartment, Málaga historic Centre, Costa del Sol.
1 Bedroom, 1 Bathroom, Built 52 m2;.
Setting : Town.
Condition : Excellent.
Pool : Communal.
Climate Control : Air Conditioning.
Features : Fitted Wardrobes, Near Transport, Double Glazing.
Furniture : Fully Furnished.
Kitchen : Fully Fitted.
Category : Investment, Reduced.
Features
Setting
Town
Condition
Excellent
Pool
Communal
Climate Control
Air Conditioning
Features
Fitted WardrobesNear TransportDouble Glazing
Furniture
Fully Furnished
Kitchen
Fully Fitted
Category
InvestmentReduced
Costs and details
- Community fees
- € 840 / year
- IBI (property tax)
- € 200 / year
- Year built
- 2015
- Completion date
- 1 January 2015
Amounts come straight from the listing and may change. I verify the community statutes, IBI and actual running costs before you sign.
Investment and buyer's costs
On top of the asking price of € 321.500 you budget 12 to 14% buyer's costs in Spain: transfer tax (ITP) or IVA, notary, registration and lawyer. For this property that comes to a total investment of around € 360.080 to € 366.510. In Málaga Centro the gross rental yield on holiday lets is typically around 5 to 7%.
- Asking price
- € 321.500
- Buyer's costs (12 to 14%)
- € 38.580 – € 45.010
- Total investment
- € 360.080 – € 366.510
- Indicative gross rental yield
- 5 to 7%
Indicative. See the full buyer's costs.
Frequently asked questions
What does this ground floor apartment in Málaga Centro cost on top of the asking price?
Budget 12 to 14% buyer's costs on top of the asking price of € 321.500. For this property that is roughly € 38.580 to € 45.010, so a total investment of around € 360.080 to € 366.510. That covers transfer tax (ITP) or IVA, notary, registration and lawyer.
Can I buy this property from abroad?
Yes. As your fixer, I arrange the whole process remotely: viewing (including by video), legal checks, NIE number and the transfer via a power of attorney. You don't have to travel to Spain for it.
What is the expected rental yield in Málaga Centro?
Málaga Centro typically returns 5 to 7% gross rental yield on holiday lets, depending on location, condition and licence. I work out the yield for this specific property with you.
Am I allowed to rent this property to tourists?
Tourist rental requires an RTA licence in Andalusia and approval under the community statutes. Not every complex allows it; I check this before the purchase so your rental plan is feasible.
Location
Ground floor apartment in Málaga Centro, Málaga province. I know the area, visit in person and send honest images of the surroundings.
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€ 321.500