Apartment in Torremolinos

Property description

Discover this investment opportunity in the Cascada Building, located on the top floor of this complex of buildings in Torremolinos, which offers unobstructed sea views and great potential for refurbishment and revaluation. This property comprises two independent dwellings (separate deeds) which are sold as one, totalling 182 m².
One of the strong points of the property is its large enclosed aluminium terrace, ideal for enjoying the unobstructed sea views and the sunny climate of the Costa del Sol. This additional space not only brings in natural light, but also allows for expanded usage options.
The property has a total of four double bedrooms, all equipped with fitted wardrobes, providing ample storage space. In addition, there are three bathrooms, one of which is en suite. The presence of two living rooms and two fitted kitchens provides multiple options, and can be reformed as one large flat, two or even three studios, to maximise its profitability.
t is important to note that although the properties offer ample space and a versatile layout, they are in need of a comprehensive refurbishment to modernise and adapt the spaces to today's needs. The refurbishment will not only improve the quality of life, but will also significantly increase the value of the property. The unobstructed views and strategic location are plus points that justify the asking price, making this an attractive investment.
The building itself is in the process of being refurbished to improve the communal areas. It does not include a parking space, although there is the possibility of acquiring an additional parking space for a separate price.
In short, these two properties together represent a great investment opportunity. With the right renovations, they can be converted into a spacious flat or an attractive rental project.