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Flat for sale in Marbella, Spain, 563 m²

ID: 275591
Price€1,250,000
TypeFlat
Covered area563 m²
Qualify for Residence Permit
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3 Bedroom, 3 Bathroom Penthouse For Sale in Marbella

3 bedroom Penthouse Duplex in luxury complex in Marbella.

The residence.
It is a gated complex with 24 hour security with single access. Spacious premium class apartments blending elegance and class. The complex is recognised for having some of the most spectacular gardens in Marbella.
Exotic palm trees, tropical vegetation, waterfalls, pools, gym… all providing a spectacular landscape according to the development’s location.
Distinct residents grant the complex with a discreet social atmosphere, making it more attractive and peaceful. The entire development is full light and peace.

A new life begins
Luxury 3 bedrooms and 2 bathrooms apartments with large terraces. Common areas with 2 pools, tropical vegetation and gym. Two parking spaces and storage room included.

Location
Located in Marbella’s most exclusive area, close to Puerto Banús, the complex combines quietness and distinction.
This prime natural enclave allows enjoying the most of Marbella’s unbeatable climate.
A perfect location which makes this development a life quality guarantee and an excellent investment.

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%
Helga
Offices in Spain
Barcelona, Marbella, Mallorca, Tenerife
+34 (931) 720-189
Office in UK
London
+44-20-3936-4067
Office in Russia
Moscow
+7 (495) 240-81-87
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