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Apartment for sale in Estepona, Spain, 247 m² - photo 1
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Apartment for sale in Estepona, Spain, 247 m²

ID: 275549
Price€895,000
TypeApartment
Covered area247 m²
Qualify for Residence Permit
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3 Bedroom, 3 Bathroom Apartment For Sale in Estepona

BEACHFRONT LOCATION!! A VERY MODERN, LUXURIOUS AND STYLISH 3 BEDROOM, 3 BATHROOM APARTMENT LOCATED IN THE POPULAR AREA OF ESTEPONA.

The apartment is finished to a high standard and is decorated tastefully throughout and is bright and spacious and benefits from a fantastic communal pool, jacuzzi, bar and nice views over the garden and pool areas and the beach with access to a gym and restaurant on site.

Close to all amenities, shops, golf, the port, the town and close to the excellent beaches of Estepona. A fantastic investment opportunity.

Estepona is located 81km from Malaga International Airport and only 49km from Gibraltar. The area of Estepona shares its borders with Marbella in the east and Caseras and Manilva in the west. The population of Estepona is 67,101 in habitants. The average yearly temperature is 17 degrees and the average rainfall for the year is 900mm. There are 8 golf courses in Estepona and 4 five star hotels and it has 21km of coastline with 13 beaches, 2 of which have been awarded a blue flag. Estepona also has a marina which is spilt into two. One side of the marina is a lively fishing port where daily catches are traded and the other being a modern sports marina ideal for boat trips, sea fishing and yachting.

Middle Floor Apartment, Estepona, Costa del Sol.
3 Bedrooms, 3 Bathrooms, Built 189 m², Terrace 58 m².

Setting : Beachfront, Close To Golf, Close To Port, Close To Sea, Close To Town, Close To Marina, Urbanisation.
Orientation : South East, South.
Condition : Excellent.
Pool : Communal.
Climate Control : Air Conditioning, Hot A/C, Cold A/C.
Views : Sea, Beach, Garden, Pool.
Features : Covered Terrace, Lift, Fitted Wardrobes, Near Transport, Private Terrace, Satellite TV, Gym, Ensuite Bathroom, Marble Flooring, Jacuzzi, Bar, Double Glazing, Restaurant On Site.
Furniture : Not Furnished.
Kitchen : Fully Fitted.
Garden : Communal.
Security : Gated Complex, Entry Phone, 24 Hour Security.
Parking : Private.
Utilities : Electricity, Drinkable Water.
Category : Beachfront, Golf, Holiday Homes, Investment, Luxury.

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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