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Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 1
Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 2
Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 3
Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 4
Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 5
Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 6
Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 7
Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 8
Apartment for sale in Cancelada, Estepona, Spain, 153 m² - photo 9

Apartment for sale in Cancelada, Estepona, Spain, 153 m²

ID: 274795
Price€382,000
TypeApartment
Covered area153 m²
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3 Bedroom, 2 Bathroom Apartment For Sale in The Residences, Cancelada, Estepona

Situated half way between Estepona and Marbella, the exclusive private complex finds itself in a privileged spot that offers peace and tranquillity in a natural setting yet is also close to the shops, schools, restaurants, beaches, sports facilities and professional services of the Costa del Sol. The neighbouring village of Cancelada is just a few minutes’ walk away, as are sandy beaches. The complex has landscaped gardens and a large communal pool. There are fourty seven apartments, all open plan with either two or three bedrooms. The beautiful interior landscape blend seamlessly with the inspiring views of the mountain and the sea. The residence spacious terraces are accessed via floor‑to-ceiling sliding windows that frame the inspiring views of each home and seamlessly integrate both living spaces into one. These contemporary style residences have been designed to maximize the natural light and spectacular views.

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
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0%
Paula
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