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Ref: M296086
Property marketed by MarBanus SL

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ESTEPONA. EL Paraiso/ Benavista,. INVESTOR ALERT top-floor apartment at the lowest price in the area!
Ideal for renovation
This two-bedroom, two-bathroom top-floor apartment is located in a beautiful residential complex within walking distance to shops, a supermarket, and restaurants. It has easy access to the A7 and is a very short drive to the golf courses of El Paraiso and Atalaya.
The beautiful Andalucian community features landscaped gardens and access to two pools, one of which is heated. Trendy area between Banus and Estepona,
The apartment would benefit from some renovation and would suit a buyer looking for a project to flip, there is a possibility of converting the apartment into a 3-bedroom property with the corresponding increase in value
Note, first floor (top floor) no lift access
communal street parking.
Community fees include the water for the property
Ideal for renovation
This two-bedroom, two-bathroom top-floor apartment is located in a beautiful residential complex within walking distance to shops, a supermarket, and restaurants. It has easy access to the A7 and is a very short drive to the golf courses of El Paraiso and Atalaya.
The beautiful Andalucian community features landscaped gardens and access to two pools, one of which is heated. Trendy area between Banus and Estepona,
The apartment would benefit from some renovation and would suit a buyer looking for a project to flip, there is a possibility of converting the apartment into a 3-bedroom property with the corresponding increase in value
Note, first floor (top floor) no lift access
communal street parking.
Community fees include the water for the property
Property Features
- 2 bedrooms
- 2 bathrooms
- 90m² Build size
- 1m² Plot size
- Urbanisation
- Close To Shops
- Close To Sea
- Close To Town
- Close To Schools
- South
- West
- Renovation Required
- Fair
- Communal Pool
- Heated Pool
- Air Conditioning
- Hot A/C
- Cold A/C
- Garden
- Pool
- Ensuite Bathroom
- Private Terrace
- Double Glazing
- Fitted Wardrobes
- Fully Fitted
- Communal
- Gated Complex
- Street
- Electricity
- Drinkable Water
- Resale
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,000€
Final Payment of 90% on completion
225,000€
Property Purchase Expenses
Property price
250,000€
Transfer tax 10%
25,000€
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.
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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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