9 bedroom Apartment for sale in Mijas Costa, Málaga, Spain

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Ref: 710140

Property marketed by Lavanda Real Estate SL

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Incredible investment opportunity to own seven independent ground floor apartments in a frontline beach community of Calahonda, Mijas Costa. This gated complex is in an unbeatable location and offers communal swimming pools, children's playground, direct access to the beach and is close to all local amenities. All seven apartments are sold together and part of a single registered property with a touristic license already in place. The apartments consist of five studio apartments, two, two-bedroom apartments . Completed in August 2023, the apartments have aerothermal air conditioning, humidity control, water softener, WIFI, high end appliances and are beautifully furnished. The apartments could be sold separately after segregation.
There is a private parking lot with 28 parking spaces that could be sold at an additional cost.

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Property Features

9 bedrooms
9 bathrooms
470m² Build size
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

196,500€

Final Payment of 90% on completion

1,795,500€

Property Purchase Expenses

Property price

1,995,000€

Transfer tax 10%

199,500€

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:

1,995,000€

Deposit:

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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.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.