Buy an Investment Apartment Block for Sale In Desirable Coastal Resort business for sale in Fuengirola on BusinessesForSale.com

  • Advert ID: 616664
  • (Seller ref: MCM1044)

Investment Apartment Block for Sale In Desirable Coastal Resort


Location:
Category:
Asking price:
€839,000
Sales revenue:
< €500k
Net profit:
< €250k
Years established:
1


A very rare exceptional investment opportunity to acquire the Freehold on this recently completed exquisitely decorated, furnished and finished to the highest standards block of 6 apartments, 2 offices and a bar. This block is perfectly located in this very popular sought after coastal area with both tourists and locals, it is less than 50 metres from a beautiful white sandy beach with restaurants, cafeterias, a very child friendly promenade with a lovely child play park, beach bar and restaurant (chiringuito).
This block is also only 50-80 metres from a good size commercial centre with many shops, banks, supermarket, plenty of bars and restaurants. This popular coastal resort is very easily accessed of the main coastal road, so many locals and tourists come here, these apartments are truly well located.
All of these apartments except for one are rented long term and one office is on a 5 year rental contract, so this really is a rare and exciting opportunity to purchase the freehold on this block of apartments.
It is a perfect time to buy a freehold in Spain now, the property market has levelled out at its lowest for some years, the forecast is for the market to soon recover and property to climb back to levels of the former glory days in the next couple of years.
Do not miss out on this unique opportunity to purchase this block of apartments, it truly offers a very good return on investment.


Real Estate:
Real Property Included
Living accommodation:
There is a spacious 3 bedroom apartment that is currently vacant within this apartment block that will be ideal for living accommodation.
Location:
This block is also only 50-80 metres from a good size commercial centre with many shops, banks, supermarket, plenty of bars and restaurants. This popular coastal resort is very easily accessed of the main coastal road, so many locals and tourists come here, these apartments are truly well located.

For more information about this business for sale, click the Contact Seller button.

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