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2 bed flat for sale in Estepona, Spain, 105 m²

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Price€442,000
TypeFlat
Covered area105 m²
Beds2
Bath2
Market infoNew homes
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Environment

Apartment in Oasis 325

The project Oasis 325 is situated at the intersection of the streets Reloj and Soto Resinera, in a ten-minute drive from Estepona, one of the most famous municipalities on the Costa del Sol, which has more than 67,000 residents. 

Estepona can boast of several beaches along with all kinds of shops and services. There are hypermarkets like Carrefour, Mercadona and Lidl, various restaurants, green areas and sports centers. The area also has a marina where you can practice all kinds of water sports.

And all this along with the calm pace of life, which is provided by the Hospital of Estepona, located in less than a 15-minute drive.

Another advantage of this project is an unmatched location: it is only in a 7-minute drive from Guadalmansa beach, which stands out for the tranquility throughout the year. There are also restaurants, shops, banks, schools, hotels and even a kitesurf academy in the surroundings.

In addition, the project has perfect transport connections with the A-7 and the AP-7 highways, so the road to Marbella will take only 20 minutes by car and in less than an hour you can get to the center of Malaga.

The residential complex Oasis 325 offers 215 apartments that stand out for their exclusivity and their Mediterranean style design. The properties have been designed by the prestigious architecture studio A-cero.

There are different types of properties for sale: 51 private ground floor apartments with a garden, 52 penthouses with solarium and option of a private pool and more than 100 flats with a terrace. The houses have a south orientation, that allows to admit how nature is perfectly integrated into their architecture of the complex, all this along with a private parking and utility rooms.

In addition, the project is well-designed, so the residents can enjoy abundant natural light and the use of communal areas. The living room, dining room and kitchen form a large open space with an access to an extensive terrace of more than 30 square meters.

The communal areas are located at the center of the residential complex. There is a pool designed as a natural lake and surrounded by gardens ideal for having a rest. Moreover, the project has a private spa with Jacuzzi and a gym, which includes a room with equipment for cardio exercises and an area designed for stretching or yoga practicing.

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

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