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Ground Floor Apartment in Manilva

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.
  • Setting

    Country

    Beachside

    Close To Forest

    Urbanisation

  • Orientation

    South

    South West

  • Condition

    Recently Refurbished

  • Pool

    Communal

  • Climate Control

    Air Conditioning

  • Views

    Sea

    Mountain

    Panoramic

    Garden

    Pool

    Forest

  • Features

    Covered Terrace

    Fitted Wardrobes

    Private Terrace

    WiFi

    Tennis Court

    Ensuite Bathroom

    Barbeque

    24 Hour Reception

    Restaurant On Site

  • Furniture

    Fully Furnished

  • Kitchen

    Fully Fitted

  • Garden

    Communal

  • Security

    Gated Complex

    24 Hour Security

  • Parking

    Communal

  • Category

    Beachfront

    Distressed

    Holiday Homes

    Investment

  • Property Highlights

    Reference
    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

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