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Ground Floor Apartment

location_onManilva

€205,000

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Property Highlights

Ref No: R5002723 Price: €205,000
Location: Manilva Area: Manilva
Property Type: Ground Floor Apartment Bedrooms: 2
Bathrooms: 2 Plot Size: 0 m2
Living Area: 75 m2 Terrace: 20 m2

Property Highlights

Ref No: R5002723
Price: €205,000
Location: Manilva
Area: Málaga
Property Type: Ground Floor Apartment
Bedrooms: 2
Bathrooms: 2
Plot Size: 0 m2
Living Area: 75 m2
Terrace: 20 m2

Description

For sale privately owned flat (94m2) in the complex RESORT TERRAZAS COSTA DEL SOL (MANILVA) in profitability. It has two bedrooms, two bathrooms, large living room with integrated kitchen, terrace with direct access to a small garden as it is located on the ground floor. Sea views. The property can be bought for private use, as a holiday investment or subrogated in the contract currently with the holiday company (Pierre&Vacances) with a guaranteed profitability of 5%.
This Holiday Apartment (AT) is currently being managed by Pierre & Vacances with a current fixed annual income of around 8247€ for this year. The buyer would have to subrogate to the current lease, in force until 31 October 2030. This contract can be renewed on expiry or not, subject to an agreement with the current management company of the complex. It can be renewed with the management company for 5 or 10 years. There are other contracting options with the management company once the contract has expired.
The complex operates in high season from June to October, the rest of the year without activity. The owner will be able to enjoy 60 days a year outside of the management company's operating season.
Beautiful and extensive communal areas with beautiful views to the sea, the Strait of Gibraltar and even the African Mountains! Very quiet residential complex, surrounded by mountains. 5 min. drive to the beach. Good communications.
No community fees, no electricity, water and internet, everything is paid by the operator, Pierre & Vacances. You only pay annual IBI.
  • Features

    Covered Terrace

    Private Terrace

    Ensuite Bathroom

    24 Hour Reception

    Fitted Wardrobes

    WiFi

    Tennis Court

    Barbeque

    Restaurant On Site

  • Orientation

    South

    South West

  • Climate Control

    Air Conditioning

  • Views

    Sea

    Mountain

    Panoramic

    Garden

    Pool

    Forest

  • Setting

    Beachside

    Urbanisation

    Country

    Close To Forest

  • Condition

    Recently Refurbished

  • Pool

    Communal

  • Furniture

    Fully Furnished

  • Kitchen

    Fully Fitted

  • Garden

    Communal

  • Security

    Gated Complex

    24 Hour Security

  • Parking

    Communal

  • Category

    Holiday Homes

    Investment

    Beachfront

    Distressed

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    Community Fees

    €0 / monthly

    IBI (Municipal tax)

    €0 / annually

    Basura (Garbage collection fee)

    €0 / annually

    Approximate location