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3 bed flat for sale in Malaga, Spain, 96 m²

3 bed flat for sale in Malaga, Spain, 96 m² - photo 1
3 bed flat for sale in Malaga, Spain, 96 m² - photo 2
3 bed flat for sale in Malaga, Spain, 96 m² - photo 3
3 bed flat for sale in Malaga, Spain, 96 m² - photo 4
3 bed flat for sale in Malaga, Spain, 96 m² - photo 5
3 bed flat for sale in Malaga, Spain, 96 m² - photo 6
3 bed flat for sale in Malaga, Spain, 96 m² - photo 7
3 bed flat for sale in Malaga, Spain, 96 m² - photo 8
Price€308,000
TypeFlat
Covered area96 m²
Beds3
Bath2
Market infoNew homes
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Environment

Apartment in Living Teatinos

The new building project Living Teatinos is located at the street Mencía Calderón, 2 (Malaga)

The residential complex is situated at one of the newest districts of the сity with advanced infrastructure called El Cónsul that is a part of Teatinos-Universidad municipal area. The surrounding has all you need starting from bars and restaurants and ending with chemists and supermarkets (Mercadona is only five minutes` walk from the complex), fitness centers, educational centers (such as the state school Colegio público Profesor Tierno Galván) and driving schools.

This area of Malaga is situated within a close proximity with the University Hospital Virgen de la Victoria (which is only 900 meters away) and the university campus Teatinos, where a large part of educational centers of the Malaga`s university are located.

As for the public transport, El Cónsul (1st line) is the closest to the object Living Teatinos metro station, while at the surrounding streets there are some bus stops (including of the routes 8 and 23). Thanks to a quick access to the highway A-357 it will take less than 5 minutes to get to the center of Malaga.

Project description

The residential complex has 86 apartments of two and three bedrooms designed for those who enjoy spending time with the family and outdoors. The project is characterized by the spacious and well-designed public areas with two swimming pools for children and adults, a gym, playground for children, barbecue and chill-out area, tennis-court and outdoor amenities with fountains and plants.

All the apartments have open and spacious living-rooms, modern bathrooms and cosy bedrooms. The kitchen is fully equipped with the table top of Silestone or similar type of material, stainless steel sink, cooker hood and electrical appliances (washing machine, microwave, fridge, ceramic hob, electric oven and dishwasher machine).

The residential complex Living Teatinos has solar panels the converted energy from which is used for space conditioning and water heating, along with air-filtering systems that help to save energy.

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
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