€ 126,900
Apartment for sale in El Molino, Torrevieja, Alicante
- 72 m2
- 2
- 1
Description
Excellent real estate investment opportunity in Torrevieja. This two-bedroom, one-bathroom apartment is located in the El Molino area, a well-connected residential neighbourhood close to the city centre and surrounded by all the essential amenities needed for everyday living.
The property is currently rented to a tenant who has been living in the apartment for the past 10 years, providing an established rental history and making it a particularly attractive option for investors looking to acquire a property with rental income from the moment of purchase. The apartment currently generates a monthly rental income of €500, equivalent to €6,000 in gross annual rental income.
Key features
- 2-bedroom apartment.
- 1 bathroom.
- Property currently rented.
- Long-term tenant with 10 years of occupancy.
- Monthly rental income of €500.
- Gross annual rental income of €6,000.
- Located in the El Molino area of Torrevieja.
- Close to Torrevieja city centre.
- Ideal for property investors.
Location and nearby amenities
The apartment is situated in an established residential area of Torrevieja, offering convenient access to supermarkets, parks, schools, shopping centres, local shops and a wide range of everyday services. Its proximity to Torrevieja city centre and good transport connections make this location a practical and attractive choice for residents and investors interested in the Costa Blanca property market.
An investment property with existing rental income
This property represents an excellent opportunity for investors looking to expand their real estate portfolio by purchasing an apartment that already has a tenant and generates regular monthly rental income. The continuation of the tenancy will be subject to the terms of the existing rental agreement and applicable legislation.
Features
- Apartment
- Bedrooms: 2
- Bathrooms: 1
- Build Size: 72 m2
- Energy Efficiency Rating: In Progress