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Ref: MLSC3961757
Property marketed by The Property Group
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Situated in a resort with a myriad of facilities and amenities and overlooking the bay just outside of Sotogrande, this tourist apartment has tons to offer!The property is classified as a tourist apartment and under concession of Pierre & Vacances, who are managing the propertyThis means you as the owner can have access to the property a certain amount of weeks in low and mid season, the operator rents the property out the rest of the yearAside from organising the rentals, the operator also takes care of all the property management and guarantees a set percentage return to the ownerAs for the property itself, it is a well presented two bedroom and two bathroom apartment on the 2nd floorFrom its terrace there are views over the communal grounds and the sea beyondThe property comes with a small fitted kitchen and there is lift access as well as an underground parking spaceThe resort features multiple swimming pools, sport facilities, kids playground and several restaurants as well as an on-site minimarketIn a time when rental investment properties are not as easy to come by anymore, this concept may be an ideal choice!
Property Features
- 2 bedrooms
- 2 bathrooms
- 61m² Build size
- Laundry Room
- Communal Pool
- Furnished
- Gym
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,490€
Final Payment of 90% on completion
148,410€
Property Purchase Expenses
Property price
164,900€
Transfer tax 10%
16,490€
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.