Middle Floor Apartment · Torreguadiaro

The Elusive Large Towers Apartment

The towers in Torreguadiaro are unique.  It's impossible to be so close to the sea with these panoramic sea views in a buzzing village, at this price point.  "Ley de Costa" governs that such properties can no longer be built.  And if a developer does find a plot, the cost is high, which means the end user pays a huge premium.

This Type C Apartment (the larger types) has been reconfigured to be a large 2 bedroom, 1 bathroom.  (Circa 130m² built including covered terraces/common elements).  What makes this property impressive are 3 things: 1) the epic sea, Gibraltar, and Africa views; 2) The large open living area leading to the sea view terrace; and 3) The completed "heavy lifting" in terms of refurbishment ie windows all new, walls moved, and bathroom - all done.

The property is cheap to run with community fees of 125/month and IBI a nominal amount of circa 184/year! Note the community have installed a new lift system throughout with 2 years paid and new owner to pay 60/month for next 2 years.

There is an option to buy a much coveted covered parking space for 30,000€

To be able to live so close to the sea, with panoramic sea views, walk to 20 restaurants and even the Port of Sotogrande, before 2 hotels come on line, makes this a Paradise for now and a wise investment.

* the property is 133m² including allocated common spaces (see floorplan).  The IBI is low due to cadastral not updated to real m², as this was originally bought in the 80s, so buyer can address should they wish.  These properties also do not have an LPO.  These are the peculiarities of buying in Torreguadiaro.