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Flat for sale in Rio Real, Marbella, Spain, 282 m²

ID: 274826
Price€2,200,000
TypeFlat
Covered area282 m²
Qualify for Residence Permit
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4 Bedroom, 4 Bathroom Penthouse For Sale in Rio Real, Marbella

Spectacular Frontline Beach Four Bedroom Four Bathroom Penthouse Apartment in Rio Real Playa, East Marbella the exclusive 5 star beachfront complex, situated only a short drive to Marbella and Puerto Banús.

On the main floor are three spacious en-suite double bedrooms and a spacious fully equipped kitchen with a west facing terrace, which is perfect for “al fresco” dining and barbequing.

The ample living room and two south facing bedrooms on the lower floor offer direct access to the main terrace with its breathtaking views of the beach, the sea and on a clear day even the
Coast of Africa. The north facing third bedroom has a private balcony.

The master en suite bedroom is on the upper floor with a private terrace.

All windows and terrace doors are double glazed and equipped with security shutters and thereis air conditioning and heating throughout. The bathrooms also feature under floor heating.

The exclusive urbanisation of Rio Real Playa boasts of beautiful gardens, two communal swimming pools, of which one is heated, sun bathing areas and two children’s pools. Both pool areas also have direct beach access, one leading to the well-known beach restaurant “Trocadero Playa”.

For families with children there are many attractions in the surrounding areas, visit the local waterparks, the Selwo Safari park in Estepona, see the dolphins at Selwo Marina in Benalmádena, the Wakeboard/Waterski park in San Pedro or climb the trees at Amazonia Adventure Park in Elviria (only 5 minutes in the car).

Upon arrival you will be personally greeted at the apartment.

And then relax and enjoy your holiday.

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
Rental Cost
0%
Helga
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