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Apartment, El Paraiso

El Paraiso, Costa del Sol

Asking price€ 249.000

Apartment, El Paraiso, photo 1
Apartment, El Paraiso, photo 2
Apartment, El Paraiso, photo 3
1Bedroom
1Bathroom
61 m²Built
14Photos
ApartmentType

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Located within the sought after gated community of Patio Alcornocal in El Paraíso, this 1 bedroom, 1 bathroom apartment represents a fantastic opportunity for buyers looking

Located within the sought after gated community of Patio Alcornocal in El Paraíso, this 1 bedroom, 1 bathroom apartment represents a fantastic opportunity for buyers looking for a well located holiday home, permanent residence or investment property on the Costa del Sol.

The apartment is just a few minutes’ walk from the beach, as well as a wide range of restaurants, cafés, supermarkets, shops and everyday amenities, making it an exceptionally convenient location for both owners and holiday guests.

A major advantage for investors is that tourist rentals are permitted within the community, giving the property excellent potential as a short-term rental investment.

Patio Alcornocal has recently benefited from a brand new communal swimming pool, complemented by attractive landscaped gardens, creating a peaceful and welcoming environment to enjoy throughout the year.

The property is perfectly usable in its current condition, allowing a buyer to move in or begin using it immediately. Alternatively, it offers an excellent renovation opportunity, with the potential to create a stylish modern apartment and further increase both its rental appeal and future resale value.

With its combination of walking distance location, gated community, new swimming pool, tourist rental potential and scope to add value, this is a particularly attractive opportunity at this price point in El Paraíso.

An ideal lock up and go holiday home, rental investment or renovation project just minutes from the beach.

Features

  • Top Floor Apartment
  • Close To Golf
  • Close To Shops
  • Close To Sea
  • Close To Town
  • Close To Schools
  • Urbanisation
  • Fair Condition
  • Communal Pool
  • Garden Views
  • Covered Terrace
  • Near Transport
What it really costs

Buying costs in Andalusia

Spain adds roughly 8 to 13% on top of the price, depending on whether it is a resale or a new build. Here is the honest arithmetic for this home, so nothing surprises you at the notary.

Indicative only. ITP in Andalusia is 7%; new build is 10% VAT plus 1.2% stamp duty. Notary, land registry and legal fees are estimates. Your lawyer confirms the exact figures. Mortgage costs are not included.