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Ref: SD1F-59782
Property marketed by David Santiago Inmobiliaria

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Studio for sale with tenant in Pirámides del Puerto Caleta de Vélez Cozy studio for sale located in the renowned urbanization Piramides del Puerto, which has a tennis court and communal pool, in Caleta de Vélez. Unbeatable location, just a short walk from the marina, beach, supermarkets, restaurants and all the necessary services for day to day. It is currently rented at €500/month, with a solvent tenant and a contract in force for 2 years, which makes it a safe and profitable investment opportunity from day one. An excellent opportunity for those looking to invest in one of the most sought-after areas of the east coast of Malaga.
Property Features
- 0 bedrooms
- 1 bathroom
- 37m² Build size
- Furnished : Semi
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,250€
Final Payment of 90% on completion
155,250€
Property Purchase Expenses
Property price
172,500€
Transfer tax 10%
17,250€
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.