Flat / apartment in El Palo, Málaga

About this property

RENTED PROPERTY, IDEAL FOR INVESTORS AND NO AGENCY FEES Excellent 1-bedroom, 1-bathroom apartment. It is located on the 4th floor of a residential building and has an elevator and wardrobes. The property is distributed into 1 bedroom, a living-dining room, and an independent kitchen equipped with upper and lower cabinets, ceramic hob, oven, and extractor hood. It has laminate flooring in the kitchen, bathroom, and the rest of the rooms. It is located in the East, Southeast of Malaga. It has easy access via the main roads and good public transport connections. The nearest bus stop is Avenida Salvador Allende - Cementerio and is less than a 5-minute walk away. The nearest taxi stand is less than a 5-minute walk away. In its surroundings, there are multi-family homes of similar characteristics. The area has all kinds of basic services, the nearest health center is 280 meters away, there are 3 pharmacies less than 300 meters away, and there are 2 schools less than 300 meters away. Additionally, within 500 meters, you can also find 4 supermarkets, 3 banks, a post office, and a police station. The area has a wide range of entertainment options with 2 libraries, a theater, a gym, 4 parks, bars, restaurants, and shops a few minutes from the property. Furthermore, the nearest beach is less than a 5-minute walk away. Regarding private transport, the area has private parking and street parking. The property has easy road access and is well connected via the Autovia del Mediterraneo, Calle Almeria, and Carretera Olias. The property is currently rented at market price, with solvent tenants who have permanent employment and payslips, paying the rent punctually and regularly. Contract details: Contract expiry: 27/07/2028 Current monthly rent: €677 Estimated profitability: 3.4% In addition to offering you the purchase of a profitable asset, we provide you with a real estate management service that will help you optimize your investment. If you are interested, do not hesitate to contact us through the Alquizen website, which belongs to PROMONTORIA MACC RESIDENCIAL, S. L. We will be happy to send you additional information about both the asset and the mentioned services. *Important: Since the property is rented, visits are not possible at this time. The property is marketed through collaborators who do not charge agency commission, offering you a direct, clear, and cost-free process.

Listed by Alquizen · first seen 03/06/2026

What's included

• exterior
• elevator