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2 bed apartment for sale in Marbella, Spain, 177 m²

2 bed apartment for sale in Marbella, Spain, 177 m² - photo 1
2 bed apartment for sale in Marbella, Spain, 177 m² - photo 2
2 bed apartment for sale in Marbella, Spain, 177 m² - photo 3
2 bed apartment for sale in Marbella, Spain, 177 m² - photo 4
2 bed apartment for sale in Marbella, Spain, 177 m² - photo 5
Price€975,000
TypeApartment
Covered area177 m²
Beds2
Bath2
Rooms3
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Environment

Description

The apartment is 150 sqm, located in the famous residential complex in the center of Marbella, first line beach (with 24 hour security, outdoor swimming pool with sea views, indoor heated pool, Jacuzzi, sauna, gym). There are views of the sea. The apartment has 2 bedrooms with bathrooms en-suite, lounge with access to the terrace and an equipped kitchen with a window to the hall. Equipment: marble floors, air conditioning hot/cold, garage and storage room. Location: next to 5* hotel Meliá Don Pepe. Shops, restaurants, entertainment centres - all within walking distance. There is direct access to the beach.

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
1 682 per month
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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%
Company Representatives
in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
in UK
London
+44-20-3936-4067
in Russia
Moscow
+7 (495) 240-81-87
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