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Flat for sale in Los Monteros, Marbella, Spain, 359 m² - photo 1
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Flat for sale in Los Monteros, Marbella, Spain, 359 m²

ID: 275644
Price€835,000
TypeFlat
Covered area359 m²
Qualify for Residence Permit
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4 Bedroom, 2 Bathroom Penthouse For Sale in Altos de los Monteros, Marbella

Spacious duplex penthouse located in Los Monteros Hill Club - Marbella East. With panoramic views to the Coast and the Mediterranean, south facing.

Large living and dining area, fully fitted kitchen, small laundry area, two guest bedrooms sharing one bathroom. Direct access to a large covered terrace. Upstairs master bedroom suite and an extra room (could be a 4th bedroom). Sunny open roof terrace. Garage space and storage room.
Community pool, fitness, sauna and gardens.

Situated in Los Monteros Altos, appr. 5 to 10 minutes to the coast and to Marbella town centre.

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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