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Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 1
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 2
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 3
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 4
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 5
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 6
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 7
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 8
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 9
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 10
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 11
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 12
Apartment for sale in Elviria, Marbella, Spain, 108 m² - photo 13

Apartment for sale in Elviria, Marbella, Spain, 108 m²

ID: 275406
Price€310,000
TypeApartment
Covered area108 m²
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2 Bedroom, 2 Bathroom Apartment For Sale in Elviria Hills, Marbella

Immaculate apartment in the award winning urbanisation of Elviria Hills overlooking the communal gardens and swimming pool towards the sea. The community offers 9 outdoor swimming pools, 2 clay tennis courts, a gym, a 9-hole par 3 golf course with clubhouse and last but not least the well known Michelin Star awarded restaurant "El Lago" overlooking an artificial lake. The property offers a fully fitted kitchen, a lounge/dining with direct access to a private terrace with "glass curtains", and two bedrooms plus two bathrooms, of which the master bedroom has an en-suite. Furthermore the property is equipped with air conditioning and an alarm system, marble flooring throughout, double glazing, internet and satellite television. A private underground garage space and storage room is included.

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
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0%
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