€650,000

Apartment for sale Málaga
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Overview

SUMMARY: Discover an opportunity with this Málaga apartment for sale and available for €650,000. This could be your next ideal home or a smart investment. More details await.

Investment Opportunity: Skol Hotel / Skol Building Central Marbella The Skol Building (Hotel Skol) is one of the most iconic beachfront residential and holiday complexes in Marbella Centre. Its prime location directly on the beachfront promenade, adjacent

to the Alameda Park, makes it a high-yield asset with strong year-round short-term rental demand. Key Investment Highlights Prime Location: Direct access to the beach and promenade, surrounded by top-tier restaurants, shops, public transport, and leisure options, eliminating the need for a car. High Occupancy Potential: Situated in the heart of Marbella, it attracts summer sun-and-beach tourists as well as mid/low-season visitors and digital nomads. Resort-Style Amenities: Features 24-hour reception and security, private gated gardens, and multiple swimming pools, making short-let management smooth and efficient. Estimated Vacation Rental Yield (1-Bedroom / Studio Unit) Below is an annual income and expense projection model for a typical unit within the Skol Building: Estimated Gross Annual Income: 26,000 Estimated Annual Operating Expenses: 10,130 Estimated Net Operating Income (NOI): 15,870 (~61% Net Profit Margin) Breakdown of Estimated Annual Expenses Management & Operations: Agency Commission / Booking Platforms (1820%): 4,680 Cleaning & Check-in Services: 1,800 Fixed Property Expenses: HOA Community Fees & Water: 1,600 Property Tax (IBI) & Garbage Fees: 650 Utilities (Electricity, Wi-Fi) & Property Insurance: 1,400 *Estimates are based on an average annual occupancy rate of 65%75% with seasonal rate variation. Critical Due Diligence Checklist Before Purchase Holiday Rental License (VFT): Verify that the property holds a valid registration code from the Regional Government of Andalusia (Junta de Andalucía) or meets all current municipal requirements in Marbella to obtain one. Community Bylaws: Ensure that the HOA rules for the Skol Building do not impose restrictions or bans on vacation rentals. Renovation Condition: Refurbished units with a modern interior design achieve up to 30% higher average daily rates (ADR) compared to units in original condition. Nota: He generado también un documento PDF profesional listo para descargar y enviar con el formato exacto de dossier de inversión.

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Details

  • Neighborhood: Marbella
  • Beds: 2
  • Baths: 1
  • Price: €650,000
  • Reference No.: OP-YMYZX8
  • Area: 71 m2

Amenities

  • Home
    • Air conditioning
    • Closed condominium
    • Close to the beach
    • Elevator
    • Garden
    • Central location
    • Furnished
    • Swimming pool
    • Terrace

Location

Marketed by:

  • Olala Properties
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  • +34622454076
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