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Ref: A889
Property marketed by David Santiago Inmobiliaria

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Exclusive Investment Opportunity on the Costa del Sol - Building with Tourist License in Caleta de Vélez We present this magnificent building of tourist apartments, ideal for investors looking for profitability in one of the areas with the greatest projection of the Axarquía of Malaga. Located in Caleta de Vélez, just a short walk from the marina, golf course, beaches, restaurants and all amenities, this property offers a perfect combination of location, comfort and versatility. Building layout: Ground floor: Spacious open-concept loft, with kitchenette, living room, bedroom and full bathroom with shower. First floor: Spacious lobby Two double bedrooms sharing a bathroom Master suite with private bathroom Second floor: Cosy living-dining room Two bedrooms Dressing room and full bathroom Attractive option for group or family rental or as a manager's residence Third floor: Bright living-dining room Equipped kitchen Guest toilet Two spacious terraces with panoramic sea views Ideal space to relax or to offer a premium experience to guests. Extras and highlights: Closed garage with capacity for 2 vehicles Spacious storage room Freight elevator with the possibility of conversion into a lift Solar panels for energy efficiency Gas heating and air conditioning Active tourist license This property offers high profitability thanks to its versatility and privileged location, in an area with growing tourist demand throughout the year. A safe investment with multiple possibilities of exploitation. Request more information or a private tour. Don't miss this unique opportunity in the heart of the Costa del Sol!
Property Features
- 5 bedrooms
- 4 bathrooms
- 330m² Build size
- Parking : Garage(2car)
- Furnished : Yes
- Sun/facing : South
- Roof access
- Double glazing
- Basement
- Terrace/balcony
- Walk-in closet
- Wardrobe/closet
- Vitroceramic
- Dishwasher
- Oven
- Closeby : Restaurants/bars.
- Closeby : Drugstore
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
70,000€
Final Payment of 90% on completion
657,000€
Property Purchase Expenses
Property price
730,000€
Transfer tax 10%
73,000€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.