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Flat for sale in Los Monteros, Marbella, Spain, 301 m² - photo 1
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Flat for sale in Los Monteros, Marbella, Spain, 301 m²

ID: 275659
Price€900,000
TypeFlat
Covered area301 m²
Qualify for Residence Permit
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3 Bedroom, 2 Bathroom Penthouse For Sale in Los Monteros Hill Club, Marbella

Stunning Duplex Penthouse With Panoramic Costal view

Fantastic 3 double bedroom duplex penthouse with the most amazing and stunning views of he coast line. This really is a most beautiful furnished penthouse with very spacious outside terraces. The lounge 7 dining room is very bright with open fireplace. Fully fitted kitchen with built in appliances. Master bedroom has large dressing room and wardrobe area. Underground garage. 24 hr security. Under floor heating.

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%
Jane
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