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Apartment for sale in Elviria, Marbella, Spain, 139 m² - photo 1
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Apartment for sale in Elviria, Marbella, Spain, 139 m²

ID: 275466
Price€380,000
TypeApartment
Covered area139 m²
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3 Bedroom, 2 Bathroom Apartment For Sale in Elviria, Marbella

Beautiful apartment perfectly located just 100 meters from the beach in one of the most beautiful areas of Marbella. It is 5 minutes drive to supermarkets and restaurants and 10 minutes to Marbella center. It is a second floor, corner apartment with southwest orientation and consists of 3 bedrooms and 2 bathrooms. It has a very cozy living room with exit to the terrace where you can enjoy beautiful sea views. Fully equipped kitchen with laundry area.
A perfect property for regular living and enjoying holidays! It also has good potential to rent for long term or for weeks

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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