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Apartment for sale in Marbella, Spain, 366 m² - photo 1
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Apartment for sale in Marbella, Spain, 366 m²

ID: 275390
Price€995,000
TypeApartment
Covered area366 m²
Qualify for Residence Permit
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4 Bedroom, 4 Bathroom Apartment For Sale in Marbella

Ground Floor Apartment, Marbella, Costa del Sol.
4 Bedrooms, 4 Bathrooms, Built 366 m², Terrace 100 m².

Setting : Town, Commercial Area, Beachside, Close To Port, Close To Shops, Close To Sea, Close To Schools, Close To Marina, Urbanisation, Front Line Beach Complex.
Orientation : South.
Condition : Excellent.
Pool : Communal, Private.
Climate Control : Air Conditioning, Hot A/C, Cold A/C.
Views : Pool.
Features : Lift, Fitted Wardrobes, Near Transport, Private Terrace, Satellite TV, Storage Room, Ensuite Bathroom, Marble Flooring, 24 Hour Reception.
Kitchen : Fully Fitted.
Garden : Communal.
Security : Gated Complex, Electric Blinds, Entry Phone, 24 Hour Security.
Parking : Underground, Garage, Covered, More Than One, Private.
Utilities : Electricity, Drinkable Water, Telephone.
Category : Beachfront, 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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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%
Jane
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