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Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 1
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 2
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 3
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 4
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 5
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 6
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 7
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 8
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 9
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 10
Apartment for sale in New Golden Mile, Estepona, Spain, 128 m² - photo 11

Apartment for sale in New Golden Mile, Estepona, Spain, 128 m²

ID: 275430
Price€485,000
TypeApartment
Covered area128 m²
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3 Bedroom, 2 Bathroom Apartment For Sale in Bahía de la Plata Fase II, New Golden Mile, Estepona

Front line beach three bedroom apartment with sea views in Estepona

South-East facing three bedroom middle floor apartment on the beach front, overlooking the Mediterranean Sea to Africa and Gibraltar. The fully gated complex offers amazing lush gardens, two outdoors pools, one Thalasso Spa pool, gymnasium, covered Paddle Tennis Court, jacuzzi, cafeteria, 24-hr security and direct access to the beautiful beach. This bright property comprises of an entrance hall, living room with access to a covered terrace, three bedrooms, two bathrooms, fully fitted kitchen with its utility room. Other features include: under floor heating, hot & cold A/C, home intelligent system, automated blinds. The property includes two car parking spaces. Ideally located, within minutes of the traditional coastal resort Estepona, offering sandy beaches and a charming marina and a 15-minute drive from Puerto Banus, Marbella.

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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