sale 164156 R4856119 https://sps-spain.com/en/show/sale/164156 36.622554 -4.499477 250000

€250.000

Property Enquiry

Ref R4856119
Type Ground Floor Apartment
Bedrooms 2
Bathrooms 1
Parking No
Garden No
Pool No
Built Size 85m²
Terrace Size 0m²
Plot Size 85m²

Property Overview

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.  Apartment of 85m² and the possibility to buy the adjoining flat.

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 3 double bedrooms, all equipped with fitted wardrobes, providing ample storage space.  In addition, there are two bathrooms, one of which is en suite.  A living rooms and a fitted kitchen.  The opportunity of having the adjoining flat provides multiple options, and can be reformed as one large flat, two or even three studios, to maximise its profitability.

It 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 property represent a great investment opportunity.  With the right renovations, they can be converted into a spacious flat or an attractive rental project.

Features

  • Features: Lift, Near Transport, Private Terrace, Ensuite Bathroom
  • Setting: Close to Shops, Close to Town, Close to Schools
  • Views: Sea, Urban
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Torremolinos, Costa del Sol, Spain

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Ground Floor Apartment · Torremolinos

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Ref: R4856119

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