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1 bed apartment for sale in San Miguel de Abona, Spain, 84 m²

1 bed apartment for sale in San Miguel de Abona, Spain, 84 m² - photo 1
1 bed apartment for sale in San Miguel de Abona, Spain, 84 m² - photo 2
1 bed apartment for sale in San Miguel de Abona, Spain, 84 m² - photo 3
1 bed apartment for sale in San Miguel de Abona, Spain, 84 m² - photo 4
1 bed apartment for sale in San Miguel de Abona, Spain, 84 m² - photo 5
1 bed apartment for sale in San Miguel de Abona, Spain, 84 m² - photo 6
Price€299,000
TypeApartment
Covered area84 m²
Land area16 m²
Beds1
Bath1
Rooms2
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Environment

1 bedroom Apartment for sale in El Nautico, Golf del Sur

Ref: N787 - 1 bedroom Penthouse apartment right on the sea front and comprising of an open kitchen, lounge, terrace with sea views, garage space and storeroom. Fully furnished. The communal pool is heated in winter.

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%
Paula
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