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Apartment for sale in La Quinta, Benahavis, Spain, 170 m² - photo 1
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Apartment for sale in La Quinta, Benahavis, Spain, 170 m²

ID: 275498
Price€395,000
TypeApartment
Covered area170 m²
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2 Bedroom, 2 Bathroom Apartment For Sale in Lomas de la Quinta, Benahavis

Nice and spacious apartment on an elevated ground floor. South facing
with views to the golf, the mountains and the sea.
Built in 2000.

Large living and dining area, semi-open fully fitted kitchen,
laundry area, master bedroom suite and one guest bedroom with separate bathroom.
Direct access to the terrace.
Garage space and storage room.

A/C with heating, underfloor heating in the bathrooms,
marble floors, gated community.
Community gardens and pool.

Close to all amenities

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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Interest Rate
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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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