Make an Enquiry About This Property
Ref: MLSC9217519
Property marketed by The Property Group
Your Name:
Email Address:
Telephone Nº:
By checking this box, we will pass your query on to up to five other Estate Agents who have similar properties to this.
How can we help you?:
Studio Apartment - Central Sierra Nevada - Modern Refurbished Design - Rental OpportunityThis small but perfectly formed studio apartment located in Monachil, Sierra Nevada, offers the perfect base for 4 people to enjoy the famous ski resortThe apartment has been fully refurbished by the current owner, maximising space to the full and offering complete modernisation and a truly homely feelThe apartment offers a snowy, mountain view and is just a short walk to the ski slopes and town of MonachilThe property has enjoyed a healthy rental income since its refurbishment and is normally fully-booked from November through to February Studio Apartment Central Location Refurbished and Modernised Healthy Rental Income Capacity for 4
Property Features
- 1 bedroom
- 1 bathroom
- 30m² Build size
- 30m² Plot size
- Close to shops
- Entrance Hall
- Key ready
- Mountain views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 10%
12,000€
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.
Mortgage Calculator
Similar Properties
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.