1 bedroom Apartment for sale

1 bedroom Apartment for sale

Velez de Benaudalla, Granada
105,000
 
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1 bedroom apartment in a stylish & private, gated complex with beautiful gardens and communal swimming pool. Basement parking, private roof terrace and lift to all floors. The ideal holiday home or rental property with good access to the Costa Tropical

This apartment is ideal for anyone looking for either an investment property to rent out for holidays, or as a retirement property for all or part of the year.

It is in excellent condition and is part of a private, gated development on the edge of a very traditional, Spanish small town.

The apartments were built around 12 years ago, and there are many advantages to owning an apartment here. There are lovely, well-maintained gardens with plenty of quiet seating areas. There is a communal swimming pool surrounded by lawns, and a separate children’s pool. Just outside this private area there is another building that houses an Arabic Spa and gym, all for the use of the residents. Beneath the main buildings, there is an underground car park, and this apartment has a private parking space. On top of the building, there are private roof terraces for each apartment.

The apartment itself is on the first floor of one of the best blocks in the development – central and surrounded by landscaped walkways, water channels and fountains. There is an elevator and a staircase leading to the car park, and providing access to the apartment, the roof terrace and the outside areas.

Inside, the accommodation is well laid out, and each of the main rooms has french windows opening onto Juliet balconies. The apartment is fully furnished so is ready to either move straight in, or start renting for income generation.

The kitchen is fully fitted with Zanussi appliances – dishwasher, washing machine, oven, hob and fridge/freezer.

The spacious living room has a large sofa that was custom-made for the space and converts to a double bed. There is also an extendable dining table.

Bedroom with double bed and wardrobes. Bathroom with bath, shower, WC, wash basin and bidet.

Storage cupboard.

There are air-conditioning/heating units in the living room and the kitchen.

CHARGES:

Service Charges: Apartment and Garage – €27.46 per month

Service Charges: Communal Areas – €8.98 per month

IBI Apartment – €75.84 per annum

IBI Garage – €13.26 per annum

Ayuntamiento (Water, sewage and rubbish collection): €153.84 per annum

Property Features

  • 1 bedroom
  • 1 bathroom
  • 41m² Build size
  • Private Pool

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,500€
Final Payment of 90% on completion
94,500€
 
Property Purchase Expenses
Property price
105,000€
Transfer tax 10%
10,500€
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.

Mortgage Calculator

Mortgage Amount:
105,000€
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Interest Rate:
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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%.

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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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