Apartment for sale in Torremolinos, Málaga

Investment opportunity with approx. 10% gross yield in Torremolinos

An excellent opportunity for investors seeking immediate rental income in one of the Costa del Sol's most sought-after rental locations.

For sale: a 96 m² commercial premises on the ground floor, currently configured and operated as two independent residential units, generating a total rental income of €1,650 per month.

Investment highlights

Asking price: €199,000
Current monthly rental income: €1,650
Annual rental income: €19,800
Approximate gross yield: 9.95%

Current layout

The property benefits from two independent entrances and is currently arranged as two self-contained units:

Unit 1 – One-bedroom apartment
Living and dining area
Fully equipped kitchen
Separate bedroom
Full bathroom

Unit 2 – Studio apartment
Open-plan living and sleeping area
Fully equipped kitchen with breakfast bar
Full bathroom
Additional guest toilet

Features

96 m² built area
Ground floor location
Two independent entrances
Two fully equipped kitchens
Two full bathrooms and one guest toilet
Air conditioning
Sold fully furnished
Good overall condition
Residential complex with communal gardens and swimming pool

Location

Located on Calle Loma del Colegial, in a well-established residential area of Torremolinos with excellent access to all amenities.

Walking distance to Torremolinos town centre
Close to supermarkets, schools, pharmacies and shops
Near the C-1 commuter train station
Direct train connection to Málaga and Fuengirola
Less than 10 minutes from Málaga International Airport
Area with strong and consistent rental demand

Rare opportunity to acquire an income-producing asset with proven rental returns in a strategic Costa del Sol location.