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4 Bed Apartment for sale

Torremolinos, Malaga, Andalucia, Spain

£413,381 *  [€498,000]

4 Bed Apartment for sale

Torremolinos, Malaga, Andalucia, Spain

£413,381 *  [€498,000]

Property Details


  • Bedrooms: 4
  • Bathrooms: 3

Features


  • Lift
  • Near Transport
  • Ensuite Bathroom
  • Terrace
  • Partly Furnished
  • Living Room
  • Amenities Near
  • Sea View
  • Doorman
  • Urban View
  • Close to Shops
  • Close to Town
  • Close to Schools
  • Office Room
  • Kitchen equipped
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Full Description


Discover this investment opportunity in the Cascada Building, located on the top floor of this complex of buildings in Torremolinos, which offers unobstructed sea views and great potential for refurbishment and revaluation. This property comprises two independent dwellings (separate deeds) which are sold as one, totalling 182 m².
One of the strong points of the property is its large enclosed aluminium terrace, ideal for enjoying the unobstructed sea views and the sunny climate of the Costa del Sol. This additional space not only brings in natural light, but also allows for expanded usage options.
The property has a total of four double bedrooms, all equipped with fitted wardrobes, providing ample storage space. In addition, there are three bathrooms, one of which is en suite. The presence of two living rooms and two fitted kitchens provides multiple options, and can be reformed as one large flat, two or even three studios, to maximise its profitability.
t is important to note that although the properties offer ample space and a versatile layout, they are in need of a comprehensive refurbishment to modernise and adapt the spaces to today's needs. The refurbishment will not only improve the quality of life, but will also significantly increase the value of the property. The unobstructed views and strategic location are plus points that justify the asking price, making this an attractive investment.
The building itself is in the process of being refurbished to improve the communal areas. It does not include a parking space, although there is the possibility of acquiring an additional parking space for a separate price.
In short, these two properties together represent a great investment opportunity. With the right renovations, they can be converted into a spacious flat or an attractive rental project.
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Map may not show exact location

This property listing (ref: SPCRM1947) is an advertisement supplied by Strand Properties S.L. and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8301 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.