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Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 1
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 2
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 3
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 4
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 5
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 6
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 7
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 8
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 9
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 10
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 11
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 12
Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m² - photo 13

Apartment for sale in Nueva Andalucia, Marbella, Spain, 127 m²

ID: 275448
Price€430,000
TypeApartment
Covered area127 m²
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2 Bedroom, 2 Bathroom Apartment For Sale in Nueva Andalucia, Marbella

Luxurious apartment located in an enclosed urbanization offering 24 hour security, fantastic communal gardens, two swimming pools (one is heated) and paddle court. The main features include superb open views towards the gardens, golf course, mountain and some sea views, spacious terrace, fully fitted kitchen, marble floors, under floor heating, air conditioning hot/ cold, double glazing, safe, two garage spaces and storage room.

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%
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