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BEST PRICE AROUND ! EASY, NO HASSLE * YEARLY RETURN * 60 DAYS FREE USE***Very nice Tourist Apartment located in the urbanization of Bahía de las Rocas, Village Club site in Terrazas Costa del Sol in ManilvaThe Apartment consists of 1 bedroom and 1 bathroom South-west orientation Fully equipped kitchen Air conditioning Good qualities and built-in wardrobes Extensive communal garden areas, swimming pool with relaxation areas, paddle tennis court, parking, etcThe complex is distributed in 4 blocks of flats surrounded by large green areas and a swimming pool with sea views that offers a relaxed lifestyle in an unbeatable locationProperty whose purpose is tourist exploitation, it is not possible to reside as a habitual residenceThis Tourist Apartment (AT) is currently being managed by Pierre & Vacances with a current annual fixed rent of approximately €7,000 The buyer would have to take over the current lease, in force until October 31, 2027 This contract is automatically renewed every 10 years, unless the community of owners communicates its intention to terminate it 1 year in advance and proposes another management companyThe complex operates in high season from June to October, rest of the year without activity The owner can enjoy it for 60 days a year outside the operating period of the Management CompanyBeautiful and extensive common areas with beautiful views of the sea, the Strait of Gibraltar and even the African mountains! Very quiet residential complex, surrounded by mountains 5 minutes by car from the beach Good communicationsCome and visit it and feel the sea breeze nearbyVISIT IT WITHOUT COMMITMENT, 0% commission to buyers for this asset
Property Features
- 1 bedroom
- 1 bathroom
- 60m² Build size
- 50m² Plot size
- Category - Bargain
- Category - Cheap
- Category - Golf
- Category - Holiday Homes
- Category - Investment
- Category - Luxury
- Category - Reduced
- Category - Resale
- Climate Control - Air Conditioning
- Climate Control - Cold A/C
- Climate Control - Hot A/C
- Condition - Excellent
- Features - Covered Terrace
- Features - Double Glazing
- Features - Ensuite Bathroom
- Features - Fiber Optic
- Features - Fitted Wardrobes
- Features - Lift
- Features - Marble Flooring
- Features - Private Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 10%
12,500€
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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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.