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Flat for sale in New Golden Mile, Estepona, Spain, 141 m² - photo 1
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Flat for sale in New Golden Mile, Estepona, Spain, 141 m² - photo 8
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Flat for sale in New Golden Mile, Estepona, Spain, 141 m²

ID: 275587
Price€325,000
TypeFlat
Covered area141 m²
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2 Bedroom, 2 Bathroom Penthouse For Sale in New Golden Mile, Estepona

Fantastic two bedroom apartment in Cortijo del Mar. Located in the small part of Cortijo del Mar, this unique 2 Bedroom penthouse is ideally situated in one of the corner of the complexes, being it totally private, and in a priviledge situation. South Facing, and absolutely brand new, this 2 Bedroom 2 Bathroom, is an excelent rental investment property (being now rented by Cortijo del Mar Resort) as well as a long term family home. Even though it's situated on the small plot, you have access to all the facilities of Cortijo del Mar (Pool bar, and pool) apart from having your own exclusive pool of the complex. It's priced to sell - Open to offers - A must view

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%
Paula
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