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Investment Opportunity - this 2 bedroom apartment is in need of renovation and modernisation, but is located within walking distance to shops, bars, restaurants, and the beaches and marina of Sotogrande.
The complex is fully gated, with guest car parking, a community pool with separate children's pool and community gardens. The property comes with a large garage and storeroom, and is entered via an external patio, with space for plants and seating.
The main floor has a guest bathroom, a spacious lounge and dining area with direct access to the terrace, from where you can see the community swimming pool. The kitchen come equipped with appliances, and a water heater, which is boosted by solar panels, and there is a utility area that could be incorporated into the kitchen,
On the upper floor are two bedrooms, and a bathroom, both of which have access to terraces, and the master has partial sea views from the terrace.
This property is in need of updating, but given the location and ease of access to the wealth of amenities in the area, any renovations would turn this property into a popular rental apartment, making this an investment.
Contact us nowe to make an appointment to view.
The complex is fully gated, with guest car parking, a community pool with separate children's pool and community gardens. The property comes with a large garage and storeroom, and is entered via an external patio, with space for plants and seating.
The main floor has a guest bathroom, a spacious lounge and dining area with direct access to the terrace, from where you can see the community swimming pool. The kitchen come equipped with appliances, and a water heater, which is boosted by solar panels, and there is a utility area that could be incorporated into the kitchen,
On the upper floor are two bedrooms, and a bathroom, both of which have access to terraces, and the master has partial sea views from the terrace.
This property is in need of updating, but given the location and ease of access to the wealth of amenities in the area, any renovations would turn this property into a popular rental apartment, making this an investment.
Contact us nowe to make an appointment to view.
Property Features
- 2 bedrooms
- 2 bathrooms
- 145m² Build size
- Swimming Pool
- South-east orientation
- Private garage
- Communal garden
- Communal pool
- Amenities near
- Transport near
- Fireplace
- Solar panels
- Private terrace
- Kitchen equipped
- Fitted wardrobes
- Gated community
- Pool view
- Unfurnished
- Close to golf
- Uncovered terrace
- Glass Doors
- Balcony
- Renovation Needed
- Urban view
- Close to shops
- Close to town
- Close to port
- Close to schools
- Individual A/C units
- Electric radiators
- Partial sea views
- Mains electricity supply
- Mains water supply
- Close to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,000€
Final Payment of 90% on completion
243,000€
Property Purchase Expenses
Property price
270,000€
Transfer tax 10%
27,000€
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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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.