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5 bed flat for sale in Benahavis, Spain, 353 m²

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Price€849,000
TypeFlat
Covered area353 m²
Beds5
Bath4
Rooms6
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Environment

Description

Luxury apartment with total area of 353 sq. m. Located in a private urbanization Capanes del Golf, Benahavis, Costa del Sol. The apartment consists of 5 bedrooms, 4 bathrooms, living area of 72 sqm and a spacious terrace of 80 sqm, the Apartment is made a design in the style of "country bourgeois". The apartment attached with 2 spaces in the underground garage and 2 storage rooms.

Extra Сosts when Buying Property

WITHOUT MOTGAGE
VAT for new residential properties 10%
VAT for new commercial properties and plots of land 21%
Property Transfer tax for re-sale property 6-10%
Stamp Duty 1%
Notary and Land Registry fees about 2%
WITH MORTGAGE
To the expenses noted above add:
Bank mortgage fee, of the value of the mortgage 1%-1.5%
Mortgage deed tax 1.5%
Land Registry and notary expenses about 2%
Bank valuation of the property from €300
Documents translation from €200
Insurance payments for the first year from €300/год

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Ongoing Ownership Costs

Annual property ownership tax, calculated on the cadastral value 0.5-2%
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) 25%
Annual wealth tax 0.2%-2.5%
Rubbish Collection Tax €100-200 p.a.
Community expenses for condominiums and urbanisations from €300 p.a.
Water and electricity rates €100-200 per month

Additional Services Costs

Legal fees about 1%
Estate agency fees 3-5%

Return on Investment

Property Price
Rental Cost
0%
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