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2 bed flat for sale in Estepona, Spain, 168 m²

2 bed flat for sale in Estepona, Spain, 168 m² - photo 1
2 bed flat for sale in Estepona, Spain, 168 m² - photo 2
Price€388,000
TypeFlat
Covered area168 m²
Beds2
Bath2
Market infoNew homes
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Environment

Apartment in Mar Azul

Mar Azul residential development is located in Estepona, very close to Laguna Village and the Kempinsky Hotel, on Océano Atlántico 3 street. Given its excellent location, the complex is a few steps from Padrón beach and Punta Plata beach. So, you can have at your disposal the sun and the Mediterranean Sea whenever you want.

It is a quiet area with all the shops and essential services, such as supermarkets (Aldi Carrefour), restaurants, gas stations and medical centers such as Hospiten Estepona and Cenyt Hospital.

And, if you want to get closer to the center of Estepona, it will take less than ten minutes by car to reach both its most central streets of Estepona and its beautiful marina.

In addition, it is very well connected with A-7 and AP-7, so you will be able to reach other enclaves of the Costa del Sol with ease. For example, it will take you an hour to get to Malaga and just half an hour to Marbella.

Mar Azul is a residential project consisting of one- and three-bedroom apartments up to 168 square meters. All the properties can boast sea views and. The development has ground floors with private gardens and penthouses with large terraces, so you can choose the type that best suits your needs.

It is a luxurious urbanization with an exclusive design that stands out for its privacy and security. It has private access to the beach, the promenade and common areas designed to relax and enjoy with family and friends. You will find a spectacular Japanese-style tropical garden, an outdoor pool for summer days and a heated one, an equipped gym, sauna, Turkish bath area, spa, and other services. Everything is design make fill your daily life with comfort and tranquillity.

The apartments have marble floors, a hydromassage bathtub, home automation system, underfloor heating, installation of hot and cold air conditioning and fully furnished and equipped kitchen.

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

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