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3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m²

3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 1
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 2
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 3
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 4
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 5
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 6
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 7
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 8
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 9
3 bed apartment for sale in Nueva Andalucia, Marbella, Spain, 165 m² - photo 10
Price€815,000
TypeApartment
Covered area165 m²
Beds3
Bath3
Rooms4
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Apartment For Sale In Nueva Andalucia, Marbella

Wonderful opportunity to acquire off plan an ultra-modern, minimalistic apartment currently under construction and due for completion in March 2017. This community of forty two exclusive properties is being created by a highly reputable local developer with a superb reputation for delivering a top quality product. Located just above Los Naranjos Golf course in the heart of the Golf Valley, the planned apartments will have an extremely high specification that will include NEFF kitchens, large terraces, top quality woodwork and marble finishes throughout- Reservations are now being taken and an early site visit s strongly recommended in order to avoid disappointment. A selection of two bedroom ground and first floor apartments as well as three bedroom penthouses are currently available.

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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