In the popular village of Casarabonela, just a 30 minute drive to Malaga City, Malaga Airport and the Coast is an established Rural Tourism Business with Rural Tourism Licence and proven income potential – last year the owners cleared around 7.5 % annual return on the purchase price, which is significantly higher than bank interest rates. Casarabonela is getting extremely popular with buyers from Malaga, so property in this village is also a solid property investment
The property is an easy walking distance to the main square and free public car park, and the village has all the necessary facilities for a great holiday including a good range of bars and restaurants, supermarkets, weekly market, local shops, dentist, chemist, health centre, and beautiful public swimming pool with bar/restaurant. Good bus service to the Coast and Malaga.
The property has an attractive facade and is 264m2 built over 4 floors, divided into 3 holiday apartments. On the ground floor is a 2 bedroom apartment which averages 35 euros a night and is the most popular apartment re bookings, it has an entrance hall perfect for storing bicyles and other equipment. On the first floor is a one bedroom apartment which averages 50 euros a night, and on the third and fourth floors is a two bedroom apartment, with separate dining area, top floor living room/kitchen, terrace with jacuzzi and great views towards the coast of Malaga, which averages 75 euros per night. The entire property is in excellent condition, fully fitted out with furniture, bed linen, cooking utensils etc. so no further investment is needed after the purchase.
Each apartment is clean, modern and attractive, and the property has an average rating of between 9 and 10 from clients on the holiday booking sites.
There are currently bookings throughout the summer and booking are continue coming in until the end of 2020, offering the buyer an immediate income. The owners live locally and are happy to show the buyers everything necessary in order to continue to run the business successfully.
IBI 450 euros per annum