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1 bedroom apartment in Benalmadena, Malaga, Spain

790€

Benalmádena, Málaga

Features

  • General
  • Lift
  • Good
  • 1 bedroom
  • 1 bathroom
  • Terraces
  • Facing the East
  • Areas
  • Built: 58 m²
  • Equipment
  • Furnished
  • Running water available
  • Electricity available
  • Individual Hot Water
  • Air cond. / Heating
  • Individual Heating
  • Electronic Phone Entry System
  • Sporting facilities

Property description

From a buyer's perspective, this property in Benalmádena, Málaga offers several advantages for both real estate investment and lifestyle purchase. For real estate investment, the location on the first line of the beach with sea views is highly desirable, as it ensures a high demand for rentals and potential appreciation in property value. Additionally, the approximate monthly rent of 790€ (as of October 1, 2024, to May 31, 2025) is reasonable, considering the prime location and amenities offered. The inclusion of utilities like water, internet, pay TV, international channels, and HBO further increases the appeal of this investment. As a lifestyle purchase, the property's proximity to the beach, restaurants, supermarkets, pharmacy, taxi stop, and bus station makes it convenient for those seeking a comfortable and convenient living experience. The availability of a racket club without the need for a car and the acceptance of small, well-behaved pets for renters makes this property attractive to a wide range of potential tenants. However, some drawbacks need to be considered, such as the lack of parking and swimming pool, requiring tenants to rent additional space. Additionally, the minimum rental period of 3 months might not be ideal for those seeking a short-term stay. Furthermore, the slightly higher rental rate of 950€/month for September and June 2025 may deter potential tenants, especially if the market becomes saturated with similar options. In conclusion, this property appears to be a good investment opportunity for those looking to rental income while also offering a desirable lifestyle for tenants. However, potential renters should be prepared for the drawbacks, such as limited parking and higher rental rates during certain periods.

Location

Benalmádena, Málaga

Date added: 24.07.2024

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