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2 bed flat for sale in Casares, Spain, 113 m²

Price€324,000
TypeFlat
Covered area113 m²
Beds2
Bath2
Market infoNew homes
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Environment

Apartment in Alcazaba Lagoon

The Costa del Sol enjoys one of Europe’s particularly special ecosystems. Not only does it have an exceptional number of sunny days, it is also protected from the winter winds by a chain of mountains, and has a milder climate in the summer. Excellent transport links, airports close to hand and all the services from Marbella to Gibraltar: golf courses, restaurants and commercial areas, marinas, hotels, hospitals and schools. ALCAZABA Lagoon lies within the bounds of the village of Casares, a “white village”, known for the beauty of its walking routes, and with the best coves for swimming, fishing and scuba diving.

ALCAZABA Lagoon is the residential development of your dreams, stretching through over 40,000 m2 with exotic gardens. A development of buildings with a catching design of white lines and gentle outlines for its south-facing dwellings. The dwellings sit in small residential groups, nestling among large green zones of palm trees, tropical plants and pools, which create a green Mediterranean ecosystem. A walkway skirts the edge of the lagoon, so you can enjoy the natural setting and views while you walk, run or enjoy other wheeled sports. The artificial beaches are of fine beige sand and have sun deck areas and zones for beach sports, communal service facilities, changing rooms and showers.

ALCAZABA Lagoon offers a quality residential experience: airy living spaces which open onto balconies and terraces, places to enjoy the true style of Mediterranean life. All the dwellings have separate individual storage rooms, an underground garage and lifts; they have air conditioning to keep you cool, and central heating, satellite television. Quality finishes to the design of the interiors, such as the marble-fitted bathrooms, and kitchens included in some apartments. The third phase of the development offers 78 exclusive 2 and 3 bedroom apartments and lofts with spectacular terraces.

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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