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Ref: M268945
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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INVESTMENT APART-HOTELLovely 2 bedroom 2 bathroom Aparthotel investment opportunity in Valle Romano.owner can use apartment for up to 8 weeks per year and then Valle Romano Golf Resort will rent out for you stress free.this investment property guarantees a return profit for the owner.the apartment also comes with Storage room and underground parking.Middle Floor Apartment, Estepona, Costa del Sol.2 Bedrooms, 2 Bathrooms, Built 90 m², Terrace 34 m².Setting : Urbanisation.Orientation : South West.Condition : Excellent.Pool : Communal.Climate Control : Hot A/C, Cold A/C.Views : Mountain, Golf, Street.Features : Lift, Fitted Wardrobes, Near Transport, Private Terrace, Gym, Paddle Tennis, Tennis Court, Ensuite Bathroom, Marble Flooring, Bar, Double Glazing, 24 Hour Reception, Restaurant On Site.Furniture : Fully Furnished.Kitchen : Fully Fitted.Garden : Communal.Security : Gated Complex, Entry Phone.Parking : Street.Category : Holiday Homes, Investment.
Property Features
- 2 bedrooms
- 2 bathrooms
- 90m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,500€
Final Payment of 90% on completion
148,500€
Property Purchase Expenses
Property price
165,000€
Transfer tax 10%
16,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.