Owner info:
Paul Fausnight
Phone: See owner phone
Listed on: April 27, 2017
condo-torremolinos-for-sale-avenida de españa, 1, torremolinos, spain 29620-4715
Languages Spoken:

About my listing

My property address, which can be seen via Google Earth: Av. Espana 1, Torremolinos 29620, Malaga, Spain. The unit is on the top floor, south side with private balcony/terrace facing south, in the exact center of the floor, 7th unit from either end of building. The building can be seen from aerial satellite view and includes a just-remodeled outdoor swimming pool, lovely gardens, and tennis court, as well as other features. One of my favorite things is the enormous rooftop terrace a few steps from my unit and directly above it. Almost never does anyone go up there; it is like one`s own huge terrace (except that you cannot leave your personal furniture and items up there), with 360-degree panoramic views of the mountains close by and wrapping around the bay to 70 kilometers distant (at times even the snow-capped mountains of Granada can be seen, as one photo shows), of the city, and of course the sea, which fills your view from the moment you open the door and enter the unit through the floor-to-ceiling windows. When I put about $193,000 into acquiring it 11 years ago for my sisters (sadly, they both died of heart attacks not long afterwards and never even obtained passports to travel), I gutted the entire unit and redid the ceilings (recessed and dimming lighting with ceiling fan), floors (all beautifully tiled, including outside balcony), brand-new fitted kitchen (full-sized frost-free refrigerator, ceramic stove-top with oven beneath, new custom-built cabinetry (all the walls with beautiful tiles, even behind the refrigerator and cabinets), WASHER/DRYER (top of the line Hoover Euro-brand, about 1000 euros), mirrored walls in living area, built-in custom-fitted wardrobes with built-in sliding dresser drawers and four mirrored closet sliding doors, modern thermostat-controlled split-system air-conditioning/heating (which never is needed, really, as it is very comfortable with the huge sliding window/doors wide open any time of the year I have been there, from February through November. (My friend stayed at the unit for a couple years; I asked if it got cold and she said that she never once even turned on the heat.) The window sliders open up even farther than shown in photos, as I have a swinging panel to preserve the outer facade of the building but which can be swung open from so high up, as it is not really noticeable from below. Even with my lights on at night with the nearly wall-to-wall double-paned, floor-to-ceiling sliding windows as wide open as possible, I have never noticed an insect, whether moth, fly, mosquito, or bug, inside the unit. The bed now has a newer queen-sized mattress. The full bath is beautifully tiled and includes the standard bathtub/shower, bidet, etc. The building is kept in good repair, and the lobby has recently been remodeled. There are three new elevators affording easy, quick, and quiet access. The area is a walker`s delight! You are right in the very center of everything interesting and desirable, the very best part of the Costa del Sol, yet it is quiet (no traffic noise, nor traffic either) and peaceful. Also, it is very, very safe; you can walk along the seafront lighted promenade worry-free at 3 A.M., if you wish. Down the three new elevators to the gate exiting to the pool gardens, from where you are on the beach in ten steps. The units in the building are owned by individual owners, most of whom have their units in the owners` cooperative hotel program. A couple dozen of us owners have kept our units separate from the hotel. I have never had my unit in the building`s rental program, but if the property is placed in the hotel rental pool, the manager informs that in the rental pool owners pay nothing in the way of operational fees or community charges nor for any repairs, insurance, etc. (except taxes on income, if applicable) and the annual property tax which is only $550 ever since I bought it over a decade ago. He said this month that the free stay with meals for two persons/owners is for 60 days out of the high season and that last year the owners each received over 3150 euros in profits. If the owners` stay is for more than 60 days in a year, the amount may be adjusted according to the season. The management take care of all maintenance and repairs, painting, etc. I do remember, I think, that when they converted to nice new doors for the hotel units, I think the owners paid a nominal cost for that, but my unit still has the original door. He also says that in that arrangement, you still retain full ownership of your studio and that only its use (exploitation) is affected as part of the communal rental pool. My friend (who owns a lower floor unit there and also runs her own holiday rental business located a couple blocks away, dealing with multiple rental properties) handles most of my rentals of the unit, and she rents in July (etc.) my studio for 315 euros/week but can get 350 euros/week in August. I have never heard sounds from neighbors on either side of me, while I was staying in the unit. Every evening from 10 to 12 there is free entertainment nightly throughout the year: flamenco shows, good (romantic) music and dancing, other shows and entertainments. There is an excellent buffet restaurant on the premises. Three new elevators give easy access down to the lobby, where there is free WiFi in all areas. There are no utility charges: all the electric, water, cable TV, and garden & pool maintenance is included. Putting EVERYTHING together: all the yearly property TAXES, all community maintenance fees which include ALL UTILITIES and insurance, etc.--the costs of ownership come to under $400 monthly, expected to be even lower this year through anticipated restructuring of charges for those of us not in the hotel pool. The deed shows 35 square meters (380 square feet). Full kitchen off the studio, with full bath and private (walled up) seafront balcony, facing south.

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What I love about my home

Whisper-quiet electric trains pass every 20 minutes among the coastal towns from Fuengirola to the west through Torremolinos stations, the airport, and Malaga center, linking there to rail destinations throughout Europe. There are no parking meters along the streets. There is so much to see nearby: the mountain top is reachable in a few minutes by car, affording amazing views (the first day I went up,, I could see the mountain ranges of Africa and the `pillars of Hercules` including the Rock of Gibraltar). Many beautiful places are in easy reach, in addition to Malaga: Mijas pueblo, Ronda (with its spectacular cliffs with houses perched atop a straight-down drop of hundreds of meters to the valley below), Gibraltar (and across to Morocco), Sevilla, Granada, Cordoba, Nerja (with its magnificent caverns and photogenic seafront, `balcony of Europe`), etc. The best part: there is a magnificent seaside pedestrian promenade which extends for miles in both directions (about seven or eight altogether, I would guess), and there one meets people from all over Europe, which I find very pleasant, lined on one side by magnificent sand sculptures and the lovely beach and sea, while on the other side one passes hundreds of stores/shops and dining opportunities. Continually, whether inside the unit above or down along the promenade, there is the roar of the surf, the sea. Always whenever I stay there, I see so many beautiful flowers: bougainvillea, hibiscus, jasmine...not to mention the orange trees lining some streets. Shopping is very easy everywhere, with many grocery stores and shopping malls and super-centers within easy reach. From the balcony, one overlooks not only the sea but also the lovely marina `Puerto Marina` just beyond the Burger King 300 meters distant, which is a great place to stroll along the Mississippi River steamer anchored along the huge concrete jetty, from the end of which is a spectacular view of the entire towns of Torremolinos/Benalmadena, the harbors, and sunset over the mountains nearby. Photos and words do not do justice to the reality. One has to be careful about making assumptions on some pictorial property ads. I see some with great photos of the sea and called direct seafront. The problem is (I know the buildings) they are on high rocky cliffs with no access to the beach without going roundabout to a distant public staircase with many steps leading up from the street below. Where my unit is, you not only see and hear the waves, you are on the sand in five seconds upon leaving the pool garden. The mile-long section of the beach where my properties are located is the ONLY part of the entire hundred-mile long Costa del Sol (as far as I have seen, and I have been up and down it) where the seafront beach pedestrian promenade is NOT alongside a busy street with traffic.

Need any remodeling

Completely and beautifully remodeled to highest standards

Next Open house:

Owner Criteria:

Price is negotiable
Willing to speak to Realtors®

Facts:

Listed on: April 27, 2017
  • Type: Condo
  • Unit Number: 907
  • Unit Floor: 10
  • Surface: 380 Sqft
  • Price/ Sqft: $592.11
  • Last sold: 0
Monthly Est. Mortage: $948.83

Features:

  • Flooring: Tile
  • Orientation: South
Offer