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Ref: R4641811
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****Investment Opportunity. Sold with a tenant on a 12 month agreement until Feb 2025****
This fantastic 3 bed apartment is located in a sought after beachside development with 24 hr security and direct access to the beach. Originally a 4 bed apartment the current owners have cleverly incorporate the fourth bedroom into the sitting room making an extremely spacious living area which leads out directly to the large south facing terrace. The apartment itself is bright and well laid out with the bedrooms located along a corridor, away from the main living area, so nobody is disturbed while sleeping. Tastefully decorated, this property has marble floors throughout and both bathrooms are marble, there is A/C throughout and all bedrooms have shutters. The master bedroom is larger than is normally found and enjoys an ensuite bathroom, while the other two bedrooms share a family bathroom along the hall.
This property is sold with an underground parking space and storage room.
The urbanisation is extremely well maintained with lush tropical gardens and a large central communal pool with bar. There is 24 hr concierge/security and direct access to the beach
Location: Beachside between San Pedro Alcantara and Estepona. Just a few minutes stroll to the beach, walking distance to shops and restaurants, 5 mins in car to San Pedro and just under 10 mins to Estepona. In the immediate area there are 6 golf courses, 2 supermarkets, a pharmacy, and restaurants. A short stroll will take you into Cancelada village with its fantastic restaurants.
This fantastic 3 bed apartment is located in a sought after beachside development with 24 hr security and direct access to the beach. Originally a 4 bed apartment the current owners have cleverly incorporate the fourth bedroom into the sitting room making an extremely spacious living area which leads out directly to the large south facing terrace. The apartment itself is bright and well laid out with the bedrooms located along a corridor, away from the main living area, so nobody is disturbed while sleeping. Tastefully decorated, this property has marble floors throughout and both bathrooms are marble, there is A/C throughout and all bedrooms have shutters. The master bedroom is larger than is normally found and enjoys an ensuite bathroom, while the other two bedrooms share a family bathroom along the hall.
This property is sold with an underground parking space and storage room.
The urbanisation is extremely well maintained with lush tropical gardens and a large central communal pool with bar. There is 24 hr concierge/security and direct access to the beach
Location: Beachside between San Pedro Alcantara and Estepona. Just a few minutes stroll to the beach, walking distance to shops and restaurants, 5 mins in car to San Pedro and just under 10 mins to Estepona. In the immediate area there are 6 golf courses, 2 supermarkets, a pharmacy, and restaurants. A short stroll will take you into Cancelada village with its fantastic restaurants.
Property Features
- 3 bedrooms
- 2 bathrooms
- 125m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,000€
Final Payment of 90% on completion
531,000€
Property Purchase Expenses
Property price
590,000€
Transfer tax 10%
59,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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