43
Townhouse, Casares Playa
€ 550.000
- 4 bed
- 4 bath
- 137 m²
Ref R5530417
Estepona, Costa del Sol
Asking price€ 550.000
INVESTMENT OPPORTUNITY. TOWNHOUSE WITH TENANTS IN ESTEPONA
Investment opportunity in Galera Park, Estepona: a property with reliable tenants in place and a rental agreement running until 2029, providing rental income from day one.
The home features a bright living and dining room, a separate kitchen and generous outdoor spaces. Its terraces and rooftop solarium with sea views add lasting appeal for both current and future tenants.
The development offers communal gardens, swimming pools and a padel court, in a residential setting close to the beach and just a short drive from Estepona Old Town.
An appealing option for investors seeking an established rental property, with the longer-term possibility of continuing to let the home or updating it to enhance its value and appeal.
The property is sold subject to the existing tenancy, with the terms of the rental agreement and tenants’ rights remaining in place.
Contact us for details of the current rental income, property expenses and sale conditions.
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.