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3 bed flat for sale in Fuengirola, Spain, 132 m²

3 bed flat for sale in Fuengirola, Spain, 132 m² - photo 1
3 bed flat for sale in Fuengirola, Spain, 132 m² - photo 2
Price€539,000
TypeFlat
Covered area132 m²
Beds3
Bath2
Market infoNew homes
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Environment

Apartment in Higueron West 217

Higueron West 217 is located in Carvajal urbanization of Fuengirola, in the province of Malaga. The complex is situated just five minutes from Carvajal beach, where you can enjoy the Mediterranean for much of the year given the mild climate which Costa del Sol is famous for. You can also have a nice drink in many of its chiringuitos and beach clubs.

The homes are located in a quiet but well-connected urbanization. Around it you will find several restaurants, a sports club, a pharmacy and a Carrefour Market supermarket.

In addition, it is very close to roads such as AP-7, A-7 and N-340, so you can reach the center of Fuengirola in just ten minutes. There you will find all you need from shopping centers to schools, more supermarkets, sports centers and large parks.

Given its good road connections, it takes only half an hour to get to the center of Malaga and in just a few minutes you can be in nearby towns such as Benalmádena.

Higueron West 217 development is a new project by Urbania which consists of two-, three- and four- bedroom apartments. This promotion includes spectacular common areas, with large swimming pools, large garden areas and sports grounds.

The apartments range between 88 and 275 square meters and the types for sale are very varied from ground floor apartments with large terraces to single-family and spacious apartments that have their own private pool.

All of them are built complying with best quality norms. They have porcelain floors, large-format wooden doors (2.11 meters high), built-in wardrobes in the bedrooms and the walls covered with smooth white plastic paint.

The kitchen is fully assembled and equipped with furniture, porcelain countertops such as Dekton or similar and high-end Bosch stainless steel appliances.

The bathroom has white toilets with double flush pushbuttons, sinks built into high-resistance countertops and glass partitions.

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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