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This property can obtain a Tourist licence.
We are very pleased, to present to you this wonderful two bedroom two bathroom apartment in El Faro.
The apartment, has been exceptionally well kept by a single owner since the property was built.
As you enter the apartment, there is a hall way that enters the property. To the right side, is a generous sized, separate fully fitted equipped kitchen with a convenient utility room which houses the boiler and washing machine.
The living room, is bright and spacious with high ceilings and guest bathroom. The ten meter terrace, leading of off the living room has great morning sun and over looks the communal swimming pool and forest walk way, there is also a palatial sea view.
Both of the double sized bedrooms have built in wardrobes and the master bedroom is en suite with a swimming pool view through the double glazed floor to ceiling windows.
The complex, is very well maintained. There is a communal swimming pool surrounded by lush green, landscaped gardens.
Included in the sale, is an underground private parking space allocated to the property.
The complex is in a great location, there is a small super market and restaurant just a few minutes walk away. The bus stop is a 5 minutes walk.
El Faro, is just a 5 minute drive from the beautiful La Cala De Mijas and 4 minute drive to Fuengirola.
This is a bargain and a must see property.
We are very pleased, to present to you this wonderful two bedroom two bathroom apartment in El Faro.
The apartment, has been exceptionally well kept by a single owner since the property was built.
As you enter the apartment, there is a hall way that enters the property. To the right side, is a generous sized, separate fully fitted equipped kitchen with a convenient utility room which houses the boiler and washing machine.
The living room, is bright and spacious with high ceilings and guest bathroom. The ten meter terrace, leading of off the living room has great morning sun and over looks the communal swimming pool and forest walk way, there is also a palatial sea view.
Both of the double sized bedrooms have built in wardrobes and the master bedroom is en suite with a swimming pool view through the double glazed floor to ceiling windows.
The complex, is very well maintained. There is a communal swimming pool surrounded by lush green, landscaped gardens.
Included in the sale, is an underground private parking space allocated to the property.
The complex is in a great location, there is a small super market and restaurant just a few minutes walk away. The bus stop is a 5 minutes walk.
El Faro, is just a 5 minute drive from the beautiful La Cala De Mijas and 4 minute drive to Fuengirola.
This is a bargain and a must see property.
Property Features
- 2 bedrooms
- 2 bathrooms
- 74m² Build size
- Swimming Pool
- well presented
- full of character
- near transport
- near beach
- quiet location
- close to shops
- close to golf
- close to all amenities
- fitted kitchen
- en suite
- community garden
- garden
- terrace
- covered terrace
- tennis court
- garage
- underground parking
- communal pool
- automatic entrance
- lift
- adsl
- fitted wardrobes
- good rental potential
- double glazing
- furnished
- close to schools
- fitted bathroom
- garden & pool views
- residential area
- sea views
- electric garage door
- close to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,500€
Final Payment of 90% on completion
238,500€
Property Purchase Expenses
Property price
265,000€
Transfer tax 10%
26,500€
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.