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2 bed flat for sale in Estepona, Spain, 113 m²

2 bed flat for sale in Estepona, Spain, 113 m² - photo 1
2 bed flat for sale in Estepona, Spain, 113 m² - photo 2
2 bed flat for sale in Estepona, Spain, 113 m² - photo 3
2 bed flat for sale in Estepona, Spain, 113 m² - photo 4
2 bed flat for sale in Estepona, Spain, 113 m² - photo 5
2 bed flat for sale in Estepona, Spain, 113 m² - photo 6
2 bed flat for sale in Estepona, Spain, 113 m² - photo 7
2 bed flat for sale in Estepona, Spain, 113 m² - photo 8
2 bed flat for sale in Estepona, Spain, 113 m² - photo 9
2 bed flat for sale in Estepona, Spain, 113 m² - photo 10
2 bed flat for sale in Estepona, Spain, 113 m² - photo 11
Price€249,950
TypeFlat
Covered area113 m²
Beds2
Market infoNew homes
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Environment

Apartment in Ayre Homes

The building with 58 apartments of 2 and 3 bedrooms and 4 penthouses of 3 bedrooms with large terraces and parking and storage spaces on the first floor and basement. It is a modern design building equipped with all the amenities and the most advanced technologies to provide maximum comfort and habitability that is located in the residential area known as Parque Central in Estepona. The development has an enviable location as it is just a few meters from the historic center of the city and 800 meters from the beach. The area is very well connected by AP-7 and A-7 highways linking Estepona with Malaga, which can be reached by plane or high-speed train. In addition, it has several bus lines that connect different towns of the Costa del Sol. Estepona is a destination of national and international tourism added by the good climate of the Costa del Sol. The municipality maintains its historic center, typical of an Andalusian village, along with the new developments along more than 20 kilometers of coastline. There are shopping centers, supermarkets, schools, sports and health centers nearby. There are the leisure centers of Puerto Banús and Puerto España and a wide range of restaurants along the seafront promenade. Ayre Homes is a 6-storey building with a total of 58 apartments of 2 and 3 bedrooms and 4 penthouses of 3 bedrooms with garage and storage spaces. It is a building of modern design which uses the most of the natural light characteristic of the Costa del Sol and has large terraces open to the living room in all the apartments and the penthouses. Each apartment includes a large living room, kitchen, two or three bedrooms depending on size, and two bathrooms. The living room and bedrooms are paved with wood-type porcelain stoneware in two tones to choose from and stoneware in the kitchen, bathrooms and toilets. The kitchens are furnished with natural stone countertop and front and equipped with induction hob, electric oven and extractor hood. The homes are bright, with white lacquered interior doors, and glazed in the living room and kitchen while the bedrooms have built-in wardrobes lined with hanging rail and trunk inside. Ayre Homes applies maximum energy efficiency in all homes along with of the latest technologies. There is air conditioning in living rooms and bedrooms with adjustable grilles and hot water produced by solar energy with an independent water heater in each home. The common areas include a saltwater swimming pool together with a relaxation area and solarium. There is also a function room for the exclusive use of the community.

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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