1 bedroom apartment in Torremolinos, Malaga, Spain

From a buyer's perspective, this property in Torremolinos, Málaga offers a great opportunity for both real estate investment and lifestyle purchase. The location, just 200 meters from the beach and close to all facilities, ensures a desirable and convenient living environment. The apartment's features, such as 35m2 built area, air conditioning, south-facing orientation, and a garden with private security, contribute to a comfortable and enjoyable living experience. As an investment, the property's location in a popular tourist destination like Torremolinos, Málaga, is a significant advantage. The mid-season rental periods from March to June 2024 and September to June 2025 provide a good opportunity to generate rental income. The asking price of 700€/month, including wifi and water (with electricity billed separately), and a 1-month deposit, seems competitive for the area. The fact that the property is ground-floor without an elevator and has a garden with private security may also appeal to potential renters. However, it is essential to consider the financial commitment and potential risks involved in this investment. As mentioned in the description, it is crucial to prove financial solvency, which may require additional documentation and verification. Additionally, factors such as the local real estate market trends, occupancy rates, and potential competition from other rental properties should be considered when evaluating the investment's long-term viability and profitability. Overall, this property presents an attractive opportunity for those seeking a combination of lifestyle and investment benefits in a popular beachfront location.