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Flat for sale in Los Flamingos, Benahavis, Spain, 251 m² - photo 1
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Flat for sale in Los Flamingos, Benahavis, Spain, 251 m²

ID: 275638
Price€595,000
TypeFlat
Covered area251 m²
Qualify for Residence Permit
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3 Bedroom, 3 Bathroom Penthouse For Sale in Los Flamingos, Benahavis

LOS FLAMINGOS:Stunning duplex penthouse apartment in this beautiful urbanisation on a hilltop inside Los Flamingos. The property is west facing with great coastal sea views! Consists of a very large lounge area (a fourth bedroom has been incorparated into the lounge), high-quality kitchen, one bedroom and one bathroom on the ground floor. Upstairs there are two bedrooms and 2 bathrooms. Terraces on both levels. Luxury qualities. 1 underground parking spaces with direct lift access. The urbanisation is gated and has 24-hours security and concierge service, there are lovely mature tropical gardens including an olive tree grove, and two swimming pool areas. Los Flamingos is conveniently set between Marbella and Estepona, just 1,5 kilometers from the sea, and features the exceptional Hotel Villa Padierna, 3 championship golf courses and an excletic mix of grand villas and modern luxury apartments.

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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