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3 bed apartment for sale in Puerto Banus, Spain, 180 m²

3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 1
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3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 3
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 4
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 5
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3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 7
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 8
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 9
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 10
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 11
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 12
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 13
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 14
3 bed apartment for sale in Puerto Banus, Spain, 180 m² - photo 15
Price€1,300,000
TypeApartment
Covered area180 m²
Beds3
Bath2
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Environment

Description

Bright apartment of 180 sqm on the second floor in perfect condition (after repair). The apartment has 3 bedrooms, 2 bathrooms, separate kitchen, glazed terrace of 15 sqm overlooking the sea and garden. Closed urbanization with security, manicured gardens, several pools and a natural spring. In addition, there is round the clock security, Concierge services and direct access to the beach. The price includes a Parking space in the underground garage. Bargain. Location: on the seafront in a quiet part of Puerto Banus. Developed infrastructure within walking distance.

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%
Company Representatives
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