## 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.
Fantastic 169 m² apartment in Cala Hills (Mijas Golf), featuring 119 m² of built area plus a 50 m² covered, glazed terrace. The property has recently undergone a complete, high-end renovation. As a corner unit, it is laid out effectively as two apartments in one: one section comprises a full suite with a walk-in closet and bathroom, while the other contains two additional bedrooms and another bathroom. The property is entirely exterior-facing, enjoying abundant natural light throughout the day. The complex offers multiple swimming pools and visitor parking, as well as a dedicated underground parking space and a storage unit. Wi-Fi is included in the community fees. Price: €570,000 (negotiable).
Ground Floor Apartment, La Cala Hills, Costa del Sol.
3 Bedrooms, 2 Bathrooms, Built 119 m², Terrace 50 m².
Setting : Suburban, Close To Golf, Close To Shops, Close To Schools, Close To Forest, Urbanisation.
Orientation : South East.
Condition : Excellent.
Pool : Communal.
Climate Control : Air Conditioning, Hot A/C, Cold A/C.
Views : Mountain, Garden, Forest.
Features : Covered Terrace, Lift, Fitted Wardrobes, Near Transport, Private Terrace, WiFi, Storage Room, Ensuite Bathroom, Access for people with reduced mobility, Marble Flooring, Double Glazing, Fiber Optic.
Furniture : Optional.
Kitchen : Fully Fitted.
Garden : Communal.
Security : Gated Complex, Entry Phone, 24 Hour Security.
Parking : Underground, Private.
Utilities : Electricity, Drinkable Water, Telephone.
Category : Investment, Resale.
Wow! A brand-new, key-ready ground floor garden apartment in a prestigious new development in the heart of La Cala de Mijas!
Positioned on a desirable corner plot within Phase 1 of the community, this exceptional home is available for immediate occupation and offers a rare opportunity to purchase one of the most unique properties within the development. Comprising three bedrooms and two bathrooms, the apartment enjoys an impressive wrap-around terrace and private garden, creating a wonderful space for outdoor living, entertaining and relaxing while taking in the sea views.
Its privileged position places it within easy walking distance of the communal swimming pool, whilst still maintaining a sense of privacy and exclusivity. Finished to an excellent standard throughout, the property is ideal as a permanent residence, holiday home or investment opportunity.
One of the apartment’s most outstanding features is the inclusion of two underground parking spaces and two storage rooms. In addition to the traditional storage room located within the garage, there is a second private storage space situated immediately next to the apartment with its own independent access. Measuring approximately 33m², this highly versatile area provides an abundance of additional space rarely found in properties of this type and offers endless possibilities for storage, hobbies or practical day-to-day use.
Combining a prime corner position, sea views, generous outdoor space and an exceptionally rare additional storage area, this is a truly unique opportunity within Royal Palms Mijas. With key-ready properties in such desirable locations in high demand, we expect strong interest, so early viewing is highly recommended.
A new boutique residential development of 1 and 2-suite homes, with panoramic penthouses and garden suites that include a private pool or jacuzzi, just a step away from the beach.
All homes feature spacious terraces and panoramic views, blending interior and exterior to fully enjoy the Costa del Sol.
It stands out for its avant-garde design, premium qualities, and exclusive amenities. An iconic building inspired by the Mediterranean Roman pine, conceived for an urban lifestyle connected to nature.
The project features a complete selection of amenities designed for enjoyment and community living: swimming pool, barbecue area, chill-out zone, and pet care space, among others.
Spaces designed to share, connect, and foster a social, comfortable, and dynamic lifestyle, where every day is lived with greater quality and well-being.