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Bright 2-Bed Corner Apartment in MirafloresA bright and spacious 2-bedroom, 2-bathroom corner apartment in the sought-after Albamar complex in Miraflores, Mijas Costa Offering a prime west-facing terrace perfect for afternoon sun, this apartment benefits from stunning communal gardens, three swimming pools, a children's pool, and an on-site bar and restaurant open seasonally Just a 10-minute walk to Miraflores beach with Antonio's popular chiringuito restaurant as well as a range of local amenities including supermarkets, restaurants, and bars right on your doorstepThe property features a wide lounge with an aspect window that brings in plenty of natural light The fully furnished apartment includes two renovated bathrooms and two spacious bedrooms, both with fitted wardrobes The master bedroom comes complete with an en-suite bathroom, while the kitchen features a convenient serving hatch to the lounge and a separate utility room With air conditioning and fibre optic internet, this property offers everything needed for comfortable living or a profitable rental investmentAdditional highlights include a proven short-term rental history, making it an excellent option for investors seeking immediate returns Summary:2-bedroom, 2-bathroom corner apartment in Albamar, MirafloresWest-facing terrace with afternoon sun and garden viewsThree communal pools, children's pool, and seasonal on-site bar/restaurantRenovated bathrooms and fully equipped kitchen with utility roomBright lounge with aspect window and terrace accessAir conditioning, fibre optic internet, and fully furnishedProven short-term rental history for immediate investment returns10-minute walk to Miraflores beach, chiringuito, supermarket, restaurants, and bars
Property Features
- 2 bedrooms
- 2 bathrooms
- 81m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,900€
Final Payment of 90% on completion
269,100€
Property Purchase Expenses
Property price
299,000€
Transfer tax 10%
29,900€
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.