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Flat for sale in Puerto Banus, Marbella, Spain, 431 m² - photo 1
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Flat for sale in Puerto Banus, Marbella, Spain, 431 m²

ID: 275577
Price€3,950,000
TypeFlat
Covered area431 m²
Qualify for Residence Permit
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5 Bedroom, 4 Bathroom Penthouse For Sale in Puerto Banus, Marbella

This is a rare opportunity indeed as seldom do such well-appointed duplex penthouses become available in the much sought-after Playas del Duque apartment complex. This is one of the best known of all the luxury complexes in Puerto Banús and boasts award-winning internal gardens, a summer beach bar, communal swimming pools and has the largest health and beauty centre in the Marbella area just outside the front portico.

The apartment is impressive with an extremely spacious five bedrooms, four-bathroom apartment decorated in a classic, modern style. The generous lounge/dining area has a connecting window to the contemporary fitted kitchen, which also houses an occasional table for informal breakfasts. The master suite has a changing area with an impressive amount of wardrobe space. In order to really enjoy this prestigious location however, simply step onto the wide balcony and take in the breath-taking views of Marbella’s La Concha and the sparkling Mediterranean Sea only a short distance away.

The location of this duplex penthouse would be hard to beat – with all the world-famous amenities of Puerto Banús on the doorstep, it is only ten minutes to Marbella and 35 minutes to the international airport of Málaga

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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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%
Paula
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