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3 bed apartment for sale in Marbella, Spain, 273 m²

ID: 246198
Price€695,000
TypeApartment
Covered area273 m²
Beds3
Bath3
Rooms4
Qualify for Residence Permit
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3 Bedroom, 3 Bathroom Apartment For Sale in Marbella

LUXURY APARTMENT ON THE GOLDEN MILE - A great opportunity to acquire a large west facing ground floor apartment in one of the most prestigious communities in Marbella, Monte Paraiso Golf and Country Club. Located just below Sierra Blanca, the property is close to amenities of all kinds and Marbella Town, Puerto Banús, the beach, shops and restaurants are all within very easy reach. This gated and secure prestigious development has 24-hour security, three swimming pools and lovely landscaped gardens. On site there is a nine hole par three golf course with a club house and a fully equipped fitness centre as well as a heated swimming pool. The overall standard of care and upkeep is exceptional. The property has an extremely large lounge with separate dining area with a working fireplace and French doors that lead to a large covered terrace from which there is direct access to the communal gardens. The open plan kitchen had been reformed and is fully equipped with top quality Siemens appliances and a laundry area. This spacious accommodation has three bedroom suites with ample wardrobe space and quality bathrooms. The master bedroom has direct access to the terrace and a Jacuzzi bath with separate shower. Features include electrically operated blinds, double glazing and underfloor heating throughout.

Nobody is a foreigner in MARBELLA. A cosmopolitan town inhabited by 137 nationalities, with a very wellbalanced size and population, over 30% of the inhabitants are of international origin and the majority from outside of Marbella. With all the charisma of a large city and the attributes of a convenient town, Marbella is, without any doubt, one of the best places in the world to live. Marbella is famous for its internationally renowned and privileged climate. The annual average temperature is around 18.5º C, with 320 days of sunshine a year. Weather forecasts do not suggest any significant changes and the rain here does not usually exceed 50 days each year, December and January being the time of year with the highest precipitation. This climate is due to its unique geographical situation, namely the mountains that surrounds Marbella, the Sierra Blanca and the Concha, visible from the entire area. Allied to the position of its coastal inlet, the effect is to shelter the town from the northern winds, allowing it to enjoy a special microclimate unique in the world and which became one of its great tourist attractions.

Ground Floor Apartment, Marbella, Costa del Sol.
3 Bedrooms, 3 Bathrooms, Built 193 m², Terrace 80 m².
Setting : Frontline Golf, Close To Port, Close To Shops, Close To Sea, Close To Town, Close To Schools, Close To Marina, Urbanisation.
Orientation : South, South West.
Condition : Excellent.
Pool : Communal, Heated, Children`s Pool.
Climate Control : Air Conditioning, Hot A/C, Cold A/C, Fireplace, U/F Heating.
Views : Mountain, Garden, Pool.
Features : Covered Terrace, Lift, Fitted Wardrobes, Private Terrace, Satellite TV, ADSL / WIFI, Gym, Storage Room, Ensuite Bathroom, Marble Flooring, Jacuzzi, Double Glazing.
Furniture : Optional.
Kitchen : Fully Fitted.
Garden : Communal, Landscaped.
Security : Gated Complex, Electric Blinds, Alarm System, 24 Hour Security.
Parking : Underground, More Than One.
Utilities : Electricity, Drinkable Water, Telephone.
Category : Golf, Holiday Homes, Investment, Luxury.

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
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Paula
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