Apartment for sale in Manilva, Málaga

This is not a residential apartment; it is an investment intended exclusively for short-term tourist rental.

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 managed 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 linked to the management company. According to the complex’s bylaws and conditions, these apartments cannot be operated independently by their owners, but must be managed by a single tourist rental operating company.

Investment terms:

- Annual rent: 5,760 € + VAT.
- The rent is updated annually in line with the CPI, with a maximum increase of 2% per year.
- Operating contract currently in force until 2030.
- Once the contract ends, a renewal for another 10 years or contract termination may be considered, depending on the conditions applicable at that time.
- The owner has 1 week of personal use per year in the low season, as set out in the contract.
- The tourist operation and management are handled by the management company, so the owner does not have to manage the rental or the apartment’s operation directly.
- The owner pays the corresponding VAT on the annual rent; the rest of the expenses and obligations are regulated 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