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3 bed flat for sale in New Andalusia, Spain, 150 m²

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Price€599,000
TypeFlat
Covered area150 m²
Beds3
Bath2
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Ground Floor Apartment Nueva Andalucía

High quality, newly renovated apartment in one of the best locations in Nueva Andalucia!

A tastefully designed and carefully planned apartment with absolute top quality materials. An elevated ground floor apartment consisting of three spacios bedrooms. The Master bedroom is en suite with his and hers basin, rainshower and underfloor heating. The two guest bedrooms are sharing one bathroom, also with rainshower and underfloor heating. There is an additional guest toilet in the living room.

The livingroom and kitchen has an open plan with a natural flow between interior and exterior and offers great social space. Schmidt-kitchen with Siemens appliances, kitchen island and worktop in high quality Silestone .

From the living room and dining area there is direct access to a grand terrace space for al fresco dining and lounge area. The terrace is south facing and offers sun all day with view towards the gardens and pool.

This aparment is truly one of a kind and offer luxury living in prime location in Nueva Andalucia with walking distance to everything.

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%
Amina
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