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Flat for sale in Elviria, Marbella, Spain, 248 m²

ID: 275602
Price€650,000
TypeFlat
Covered area248 m²
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3 Bedroom, 2 Bathroom Penthouse For Sale in Elviria, Marbella

Second line beach amazing property built by the very famous architect Melvin Villarroel and his well known Mediterranean style, One of the best Penthouses of that beautiful complex next to the beautiful sunny beaches of Elviria Marbella and close to Nikki¨s Club and many other chiringuitos. The fabulous property has the living dining room at the entrance leading into the extra south facing terrace of 100 m2, half covered, with 3 bedrooms 2 bathrooms, fitted american kitchen and laundry room all at the same level. The master on suite bedroom has also balcony facing the beach. The amazing terrace comes with high wooden ceilings in a Bali style with its private dining living area with barbecue to enjoy the beautiful sunny days and warm nights with all the family and friends. The beautiful PH includes Marble floors, A/C, alarm, safe, a garage space and a large Storage room as well. The community offers a gymnasium, sauna, 3 pools and much more. Walking distance to commercials, amenities and just one step from the beach.

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

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0%
Paula
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