€ 269,000
Flat for sale in Cala Millor, Son Servera, Mallorca
- 114 m2
- 2
- 2
Description
This is an impeccably maintained, fully furnished apartment, currently rented, located on the third floor of a residential building in the centre of Cala Millor, in a highly sought-after and well-connected area. The property currently has tenants in place paying a monthly rent of €1,080, allowing the buyer to enjoy immediate income from day one, with no vacancy periods or initial refurbishment costs.
Important information: The current tenants will vacate the property in April, offering a significant strategic advantage. Until then, the buyer may continue to benefit from rental income and, thereafter, have the property available vacant, either for personal use as a main residence or to start a new rental under current market conditions.
At its current market price, this property offers an approximate gross yield of 4.8% per annum (€12,960 per year), making it particularly attractive for first-time investors seeking security, stability and predictability, as well as a well-founded entry into the property market.
The apartment stands out for its functional layout, large windows and open-plan concept, creating a bright, practical and welcoming living environment. One of its key features is the spacious balcony of approximately 14 m², accessible from both the living room and the main bedroom—ideal for an outdoor dining area, plants or a comfortable relaxation space, significantly enhancing the feeling of usable living space.
The property is sold fully furnished and ready to move into, increasing its appeal both for the current tenant and for future rentals, or for buyers wishing to move in without complications. It is equipped with air conditioning, a fully fitted kitchen, washing machine and tumble dryer (Grundig brand), double-glazed windows, and bicycle parking space, all highly valued features in today’s rental market.
Its central location allows easy walking access to the beach, the Cala Millor promenade, as well as restaurants, cafés and shops. The area enjoys strong demand for both residential and long-term rental properties, providing stability, liquidity and long-term value growth.
A property designed to help you start with solid foundations, whether building wealth as an investor or taking the step towards your first home by the sea.
Features
- Flat
- Bedrooms: 2
- Bathrooms: 2
- Build Size: 114 m2
- Storeys: 3
- Year Built: 1988
- Energy Efficiency Rating: In Progress