## INVESTMENT OPPORTUNITY WITH APPROX. 10% GROSS YIELD IN TORREMOLINOS
An excellent opportunity for investors seeking immediate rental income in one of the Costa del Sol's most sought-after rental locations.
For sale: a 96 m² commercial premises on the ground floor, currently configured and operated as two independent residential units, generating a total rental income of €1,650 per month.
### INVESTMENT HIGHLIGHTS
* Asking Price: €199,000
* Current Monthly Rental Income: €1,650
* Annual Rental Income: €19,800
* Approximate Gross Yield: 9.95%
### CURRENT LAYOUT
The property benefits from two independent entrances and is currently arranged as two self-contained units:
**Unit 1 – One-Bedroom Apartment**
* Living and dining area
* Fully equipped kitchen
* Separate bedroom
* Full bathroom
**Unit 2 – Studio Apartment**
* Open-plan living and sleeping area
* Fully equipped kitchen with breakfast bar
* Full bathroom
* Additional guest toilet
### FEATURES
* 96 m² built area
* Ground floor location
* Two independent entrances
* Two fully equipped kitchens
* Two full bathrooms and one guest toilet
* Air conditioning
* Sold fully furnished
* Good overall condition
* Residential complex with communal gardens and swimming pool
### IMPORTANT INFORMATION
The property is legally registered as a COMMERCIAL PREMISES and is being sold in its current legal and planning status.
Although it is currently configured and rented as two residential units, no official change of use to residential has been granted. Any future application or possibility for a change of use should be independently verified by the purchaser with the relevant authorities and technical advisors.
### LOCATION
Located on Calle Loma del Colegial, in a well-established residential area of Torremolinos with excellent access to all amenities.
* Walking distance to Torremolinos town centre
* Close to supermarkets, schools, pharmacies and shops
* Near the C-1 commuter train station
* Direct train connection to Málaga and Fuengirola
* Less than 10 minutes from Málaga International Airport
* Area with strong and consistent rental demand
A rare opportunity to acquire an income-producing asset with proven rental returns in a strategic Costa del Sol location.
If your target audience is mainly international investors, I would even make the headline stronger: **"10% Gross Yield – Income Producing Asset in Torremolinos"**, as yield is usually the first metric investors focus on.
We present this magnificent property located on Republica Argentina Street in Fuengirola, facing Santa Amalia Avenue, in one of the city's most sought-after areas due to its proximity to the beach and all amenities.
The property boasts 94 m² of comfortably and functionally distributed living space, including a spacious living room, separate kitchen, two bedrooms, and two bathrooms, one of which is en-suite in the master bedroom, providing added comfort and privacy.
Its south-facing orientation ensures excellent natural light throughout the day, creating a warm and inviting atmosphere in every room.
Furthermore, the property includes a parking space, a significant added value in this area.
Located less than 200 meters from the beach, you can enjoy the sea with a pleasant stroll, and supermarkets, restaurants, cafes, public transport, schools, and all kinds of services are within easy reach, eliminating the need for a car.
This property is ideal as a primary residence, a second home, or an investment, thanks to its excellent location and great potential for appreciation.
2 bed apartment 2nd line from the beach, Benalmádena Costa
We offer to the market a large 2 bed apartment, 2nd line to the beach in Benalmádena Costa that has been completed renovated to a high quality standard and is ready to live in. Just a quick walk to the beach, popular bars and restaurants, what more could you ask for?
With a modern kitchen, spacious lounge and modern bathroom and two bedrooms, this apartment is ideal to have as a home or second home, or for long-term investment use. The apartment benefits from disabled access direct from the communal entrance.
The enclosed private terrace has views of beautiful communal gardens.
The urbanisation is quiet and has two communal pools, with street parking and options to buy a private parking space.
Please note that tourist use is currently prohibited by the community of owners but due to the high percentage of residents voting for tourist use, this may change in the future to allow tourist use.
Top floor apartment located in the area of Cerros del Aguila with cafes, bars and a mini market literally on your doorstep. Lovely bright lounge with access to the terrace plus a partially open fully fitted kitchen and an air conditioning unit. Both bedrooms are ample double rooms with built-in wardrobes and both have use of the large family bathroom. The view from the terrace looks over the communal grounds towards the mountains and out towards Benalmadena and Mijas Pueblo. Owners have the use of the stunning communal swimming pool and gardens plus tennis court and yet with super low running costs. You are also a short drive to Fuengirola and the Commercial Centre Miramar as well as the quaint coastal town of La Cala de Mijas