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Flat for sale in Nueva Andalucia, Marbella, Spain, 234 m² - photo 1
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Flat for sale in Nueva Andalucia, Marbella, Spain, 234 m²

ID: 275597
Price€459,000
TypeFlat
Covered area234 m²
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3 Bedroom, 3 Bathroom Penthouse For Sale in La Maestranza, Nueva Andalucia, Marbella

Newly renovated duplex penthouse in Nueva Andalucia with 3 bid bedrooms and 3 bathrooms. The penthouse has four terraces with a totas terrace area of 100 sq.m. It's located in a very popular gated community with security guard, 3 pool areas, which one of the pool areas is heated, plus children pools. The community also has 24 h security.

Walking distance to all amenities, Centro Plaza, Aloha Gardens, Puerto Banus and the beach. A few minutes to popular golf courses such as Los Naranjos, Las Brisas and Aloha. Amazing rental potential!

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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