Apartment for sale in Rincon de la Victoria

€216,000 ~ £187,380 *

Description…

This studio in RincĂ³n de la Victoria presents an option for real estate investment, suitable for the holiday rental market. Its location and features offer a profile that can generate returns.

Location

Walking distance to beaches and proximity to the A-7 motorway provides easy connections to Malaga city, the airport and other towns on the Costa del Sol, which may be a factor to consider for guests who use a vehicle or require transfers.

Features of the studio

The studio is designed to optimise space, including a living room-bedroom area, kitchen and bathroom. It has a private terrace and the residential complex offers a communal swimming pool, services that may be valued by potential tenants.

Holiday rental profitability

RincĂ³n de la Victoria is a coastal destination with high tourist demand, both nationally and internationally. The combination of its location near the sea and transport links, together with amenities such as the terrace and swimming pool, can contribute to sustained occupancy in holiday rentals. This type of property can represent a source of income for investors in the Costa del Sol tourism sector.

A summary information document is available. Expenses: Taxes (ITP or VAT + AJD) + Notary and registration fees.

SDM

Distances and Times to Airports

  • Gibraltar Airport (GIB)2 hours 2 mins152.7 km
  • Malaga-Costa del Sol Airport (AGP)24 mins30.8 km
Currencies Direct

Mortgage calculator…

Energy Certificate…

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Consumption: Grade D

Emissions: Grade D

  • Coastal property
  • Part Furnished
  • 1 bathroom
  • Build Size 39 m²
  • Mains Water
  • Mains Electric
  • Telephone Possible
  • Internet Possible

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Standard form of payment

  • Reservation deposit €3,000 (£2,603)
  • Remainder of deposit to 10% €18,600 (£16,136)
  • Final Payment of 90% on completion €194,400 (£168,642)

Property Purchase Expenses

  • Property price €216,000 (£187,380)
  • Transfer tax 7% €15,120 (£13,117)
  • Notary fees (approx) €750 (£651)
  • Land registry fees (approx) €750 (£651)
  • Legal fees (approx) €1,500 (£1,301)

* Prices quoted in Pounds are illustrative and should only be used as a guide.

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

* Price valid until sold

* Conveyancing not included

* The DIA is available at our office according to the Decree 218/2005

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Spanish Property Choice has made every effort to obtain the information regarding this listing from external sources deemed reliable. However, we cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.