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Ref: R4883506
Property marketed by Your Property in Spain S.L
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Incredible investment opportunity in Fuengirola! It is a studio on the beachfront, with spectacular views of the sea and the mountains. This space offers a luxury experience facing the port, combining the comfort of being close to all the amenities of the city with the tranquility of incomparable views.
The studio is under an operating contract with the hotel, ensuring good annual profitability, which makes it an ideal option for those looking for a safe and profitable investment in the tourism sector. You will not only have a property in a paradise location, but also a passive source of income.
For more information, do not hesitate to contact us!
The studio is under an operating contract with the hotel, ensuring good annual profitability, which makes it an ideal option for those looking for a safe and profitable investment in the tourism sector. You will not only have a property in a paradise location, but also a passive source of income.
For more information, do not hesitate to contact us!
Property Features
- 1 bedroom
- 1 bathroom
- 23m² Build size
- Swimming Pool
- good condition
- close to town
- close to shops
- close to port
- first line beach
- commercial area
- terrace
- communal pool
- lift
- fitted wardrobes
- partly furnished
- sea views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,800€
Final Payment of 90% on completion
106,200€
Property Purchase Expenses
Property price
118,000€
Transfer tax 10%
11,800€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.