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4 bed flat for sale in Malaga, Spain, 283 m²

4 bed flat for sale in Malaga, Spain, 283 m² - photo 1
4 bed flat for sale in Malaga, Spain, 283 m² - photo 2
4 bed flat for sale in Malaga, Spain, 283 m² - photo 3
4 bed flat for sale in Malaga, Spain, 283 m² - photo 4
4 bed flat for sale in Malaga, Spain, 283 m² - photo 5
4 bed flat for sale in Malaga, Spain, 283 m² - photo 6
Price€3,800,000
TypeFlat
Covered area283 m²
Beds4
Bath3
Market infoNew homes
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Environment

Sierra Blanca Tower

Sierra Blanca Tower is a unique project of luxury homes that will change the skyline of Malaga. The project combines in perfect harmony light, color and the Mediterranean Sea. Due to its extra-prime location on the beachfront of Malaga, all apartments enjoy breathtaking sea views and are perfectly connected to the center, the airport, the highway and a multitude of facilities to enjoy the weather and the outdoors. All one step away from the sea. The project offers spacious and light-filled spaces, first quality and noble materials, all linked to a unique concept in Malaga of exclusive community services such as gym, SPA, nursery, playroom, pool bar, solarium, co-working spaces… all this accessible through One click on the exclusive app.

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

Property Price
Rental Cost
0%
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