Apartment in Malaga, Spain 3 bedrooms, 70 sq.m. No. 96613

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Apartment in Malaga, Spain 3 bedrooms, 70 sq.m. No. 96613
ID96613 € 298 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £

Property description

Located in the heart of El Palo, Malaga, this three-bedroom apartment offers stunning sea views and abundant sunlight. While it requires renovation, it presents a fantastic investment opportunity.
Featuring a living room with access to a sunny balcony, three bedrooms, a full bathroom, a laundry room (formerly a bathroom), and a kitchen, the apartment is east-oriented for optimal light. The building includes an elevator and accessibility for disabled individuals.
Situated in the peaceful residential area of Echevarría del Palo, the apartment is just a two-minute walk from the beach and popular "chiringuito" restaurants. Nearby amenities include schools, shops, restaurants, pharmacies, and a Spanish language school.
With its prime location and potential for renovation, this apartment offers numerous investment possibilities.

Location

  • Close to the beach
  • Close to shopping malls
  • Close to schools
  • River harbour nearby
  • Close to river or promenade
  • Sea view
  • City view
  • Street view
  • East orientation

Features

  • Terrace
  • Unfurnished

Outdoor features

  • Transport accessibility

Malaga - Statistics

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ParametersMalaga
Rent Per Month
Apartment (1 bedroom) in City Centre€ 1 062.50
Apartment (1 bedroom) Outside of Centre€ 761.43
Apartment (3 bedrooms) in City Centre€ 1 791.67
Apartment (3 bedrooms) Outside of Centre€ 1 256.25
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre€ 5 743.06
Price per Square Meter to Buy Apartment Outside of Centre€ 2 500.00
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ParametersMalaga
Crime Index29.13
Cost of Living and Rent Index36.15
Purchasing Power Index95.19
Property Price to Income Ratio12.36
Safety Index70.87
Traffic CO₂ Index3294.38
Traffic Inefficiency Index68.55
Rent Index25.48
Health Care Index70.76
Groceries Index43.15
Pollution Index33.86
Traffic Commute Time Index24.50
Restaurant Price Index45.14
Climate Index96.98
Cost of Living Index44.83
Quality of Life Index182.48
Traffic Index95.13
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ParametersMalaga
Restaurants
Meal, Inexpensive Restaurant€ 12.00
Meal for 2 People, Mid-range Restaurant, Three-course€ 50.00
McMeal at McDonalds (or Equivalent Combo Meal)€ 8.75
Domestic Beer (0.5 liter draught)€ 2.90
Imported Beer (0.33 liter bottle)€ 3.50
Coke/Pepsi (0.33 liter bottle)€ 1.85
Water (0.33 liter bottle) € 1.33
Cappuccino (regular)€ 1.83
Markets
Milk (regular), (1 liter)€ 1.03
Loaf of Fresh White Bread (500g)€ 1.05
Eggs (regular) (12)€ 2.30
Local Cheese (1kg)€ 11.51
Water (1.5 liter bottle)€ 0.72
Bottle of Wine (Mid-Range)€ 4.50
Domestic Beer (0.5 liter bottle)€ 1.04
Imported Beer (0.33 liter bottle)€ 2.36
Cigarettes 20 Pack (Marlboro)€ 5.50
Apples (1kg)€ 2.02
Chicken Fillets (1kg)€ 6.33
Oranges (1kg)€ 1.39
Potato (1kg)€ 1.46
Lettuce (1 head)€ 1.00
Rice (white), (1kg)€ 1.33
Tomato (1kg)€ 2.00
Banana (1kg)€ 1.65
Onion (1kg)€ 1.54
Beef Round (1kg) (or Equivalent Back Leg Red Meat)€ 10.58
Transportation
One-way Ticket (Local Transport)€ 1.40
Monthly Pass (Regular Price)€ 25.48
Gasoline (1 liter)€ 1.58
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)€ 33 365.00
Taxi Start (Normal Tariff)€ 4.00
Taxi 1km (Normal Tariff)€ 1.00
Taxi 1hour Waiting (Normal Tariff)€ 22.10
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)€ 27 687.50
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment€ 136.45
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)€ 27.13
€ 17.35
Salaries And Financing
Average Monthly Net Salary (After Tax)€ 1 667.74
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate3.58
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult€ 37.17
Tennis Court Rent (1 Hour on Weekend)€ 13.17
Cinema, International Release, 1 Seat€ 8.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)€ 64.38
1 Summer Dress in a Chain Store (Zara, H&M, ...)€ 33.00
1 Pair of Nike Running Shoes (Mid-Range)€ 83.13
1 Pair of Men Leather Business Shoes€ 88.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child€ 360.96
International Primary School, Yearly for 1 Child€ 13 466.67
Data are provided by Numbeo.com and are based on its users survey. Spain-Real.Estate can not guarantee the validity of these data.
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CityMalaga
TypeApartment
Bedrooms3
Living space70 m2
Completion dateIV quarter, 1975
Price
  • Price
  • per m²
€ 298 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £