Apartment for sale in Manilva, Málaga

This is not a residential apartment. It is an investment intended exclusively for tourist rental operations.

Apartment located on the ground floor, with 1 bedroom, a private garden, and views of the Rock of Gibraltar from the garden itself.

The property is part of a tourist rental complex operated by Pierre & Vacances, one of the internationally recognized companies in the tourism sector.

The owner purchases the apartment as an investment, with its tourist rental operation linked to the management company. According to the complex bylaws and conditions, these apartments cannot be operated independently by their owners, but must be managed by a single tourist rental operating company.

Investment conditions:
- Annual rent: €5,760 + VAT.
- The rent is updated annually according to the CPI, with a maximum increase of 2% per year.
- Operating contract in force until 2030.
- Once the contract ends, renewal for another 10 years or withdrawal from the contract may be considered, depending on the applicable conditions at that time.
- The owner has 1 week of personal use per year during the low season, as established in the contract.
- Tourist operation and management are handled by the management company, so the owner does not have to manage the rental or operate the apartment directly.
- The owner assumes the VAT corresponding to the annual rent; all other expenses and obligations are governed by the operating contract.

An interesting option for anyone looking for a real estate investment with an annual income and professionalized tourist management, without having to personally handle the apartment’s operation.

Apartment 12.007 · Pierre & Vacances