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SV - SvenskaFor sale Ground Floor Apartment Costa Del Sol Málaga € 229.000,-
Ref.no: RSOR5251012
Price: € 229.000,-
For sale Ground Floor Apartment Costa Del Sol Málaga € 229.000,-
| Bedrooms | 2 |
| Bathrooms | 1 |
| Lot size | 61m² |
| Living area | m² |
| Pool | no |
| Garden | no |
| Parking | no |
| Cooling | %lng_% |
| Storage | %lng_% |
| Elevator | %lng_% |
| Built year | 0 |
| Floor | |
| Setting: Beachside, Close To Port, Close To Shops, Close To Town, Close To Schools | |
| Features: Lift, Near Transport |
Price: € 229.000,-
More information ›››
We present a fantastic opportunity located in one of Málaga’s most in-demand and fast-growing areas: El Molinillo – Capuchinos, just a few minutes’ walk from the Historic Centre and surrounded by shops, services, and public transport.Main Features • Built area: 61 m² • Price: €229,000 • Condition: To renovate • Building with lift • Exterior orientation – very brightThe property offers a comfortable and functional layout and is distributed as follows:✔ Two spacious bedrooms✔ One bathroom✔ Living–dining room✔ Independent kitchenThanks to its natural light, distribution, and potential, this apartment can easily be transformed into a modern home or a profitable investment project.⸻✨ Renovation Potential & ROI Estimation???? Estimated Renovation Cost(for a full modern refurbishment including kitchen, bathroom, installations, flooring and finishes of medium–high quality): • Renovation estimate: €750–€900/m² • Total estimated cost (61 m²): €45,000 – €55,000???? Market Value Once RenovatedFully renovated apartments in the Capuchinos–Molinillo area currently sell between €3,800 and €4,500/m², depending on quality and natural light. • Estimated resale value once renovated:• 61 m² × €3,800/m² = €231,800• 61 m² × €4,500/m² = €274,500???? Estimated Value IncreaseDepending on the quality of the renovation: • Potential value increase: +€25,000 to +€45,000 • Excellent option for investors, first-time buyers, or rental investment given the strong demand in the area.⸻⭐ Why This Property Stands Out • High-growth neighbourhood • Strong demand for annual and mid-term rentals • Building with lift • Bright and well-distributed interior • Ideal to customise or create a value-add investment
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