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2 bed flat for sale in Torremolinos, Spain, 131 m²

2 bed flat for sale in Torremolinos, Spain, 131 m² - photo 1
2 bed flat for sale in Torremolinos, Spain, 131 m² - photo 2
2 bed flat for sale in Torremolinos, Spain, 131 m² - photo 3
2 bed flat for sale in Torremolinos, Spain, 131 m² - photo 4
2 bed flat for sale in Torremolinos, Spain, 131 m² - photo 5
2 bed flat for sale in Torremolinos, Spain, 131 m² - photo 6
2 bed flat for sale in Torremolinos, Spain, 131 m² - photo 7
2 bed flat for sale in Torremolinos, Spain, 131 m² - photo 8
Price€491,000
TypeFlat
Covered area131 m²
Beds2
Bath2
Market infoNew homes
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Environment

Apartment in Habitat Alborán-Siroco

Habitat Alborán Siroco is a promotion of luxury homes located in La Cizaña, Torremolinos (Málaga).

La Cizaña is a town located 5 kilometers from Malaga airport and 15 kilometers from the center of the Malaga capital, with connection through public transport, with the Los Álamos train station, and the connection with the rest of the towns on the Costa del Sol by the A-7, AP- 7 and N-340: Benalmádena (3 kilometers), Fuengirola (14 kilometers), Mijas (11 kilometers), Marbella (35 kilometers) and Estepona (61 kilometers).

This municipality has all the necessary services for family life: schools, medical centers, supermarkets, the Plaza Mayor shopping center and the La Térmica culture center.

The Habitat Alborán development has a privileged location in La Cizaña, just next to the San Julián beach, at the foot of the Paseo Marítimo de Torremolinos, which let you enjoy all the advantages of the Costa del Sol. The development is directly connected with the International airport with flights to more than 100 destinations, the port of Malaga where the main international cruises dock and the AVE station.

Habitat Alborán Siroco is an exclusive luxury residential consisting of 61 exclusive homes with 1, 2, 3 and 4 bedrooms.

The development is located in a quiet area, on Los Álamos beach, with more than 6 kilometers of promenade. It is an area with a great offer of leisure and restaurants and sports facilities, close to numerous golf courses, shops, supermarkets and shopping centers.

The homes are designed to enjoy the views over the Alboran Sea and the spectacular communal areas. They have been designed taking into account demanding functionality parameters and with the highest quality. They offer spacious and bright interiors with large windows and living rooms connected to spacious terraces to enjoy the sea view.

The common areas are made up of large landscaped spaces planned to enjoy the sunny and shady areas with maximum privacy, there is an outdoor pool, a heated indoor pool and a children's play area as well as access control to the residential area.

The housing typology is divided into one-bedroom and one-bathroom apartments from 59 square meters and 13 square meters of terrace from 272,500 euros; homes with two bedrooms and two bathrooms from 117.70 square meters and 14.10 square meters of terrace from 453,000 euros and homes with three bedrooms and two bathrooms from 127 square meters and 21 square meters of terrace from 546,000 euros. Prices do not include VAT.

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

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