Appartement in Estepona

ESTEPONA | INCOME PRODUCING INVESTMENT New build two bedroom, two bathroom apartment in the centre of Estepona, located just a six minute flat walk from the beach. Situated on the fifth floor of a modern development with lift access, the property also benefits from a 10 m² south facing terrace. The asking price is €379,000 and the property currently generates a rental return of approximately 6%, with a long term tenant already in place and rental income guaranteed. INVESTMENT SALE ONLY This property is being sold strictly as an income producing investment. The existing long term rental contract forms part of the sale and must be fully respected by the purchaser. The apartment will not be sold vacant, and the existing tenancy cannot be terminated as ‌a ‌condition ‌of ‌purchase. A ‌turnkey investment offering immediate ‌rental income, an established ‌tenancy and ‌an excellent ‌location within ‌easy ‌walking ‌distance of both ‌the ‌beach ‌and ‌Estepona ‌town ‌centre.