NEW DEVELOPMENT – INVESTMENT
One and two bedroom apartments in an Apart-Hotel in Torremolinos a few minutes walk to the beach. These will be run as a holiday complex by a group with over 11 years experience with holiday rentals on the Costa del Sol who will guarantee 6% rental return for the first 5 years. This allows for 4 weeks owner usage per year (outside July and August). After the first 5 years, rental income will be 80% of gross yield.
The complex includes 24hr reception, pool, laundry, sauna, restaurant and indoor and outdoor recreation area.
One bed from €98,000
Two bed from €179,000