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Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 1
Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 2
Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 3
Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 4
Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 5
Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 6
Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 7
Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 8
Flat for sale in Rio Real, Marbella, Spain, 300 m² - photo 9

Flat for sale in Rio Real, Marbella, Spain, 300 m²

ID: 275625
Price€1,395,000
TypeFlat
Covered area300 m²
Qualify for Residence Permit
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4 Bedroom, 4 Bathroom Penthouse For Sale in Rio Real, Marbella

Stunning spacious duplex penthouse with 4 bedrooms en suite. Main floor with 2 bedrooms, upper floor master suite and 1 bedroom. Spectacular views to Rio Golf course and the sea. Four terraces east to west facing, all day sun!

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
Rental Cost
0%
Amina
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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