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Discover this apartment full of potential, ideally located in highly desirable Nueva Andalucía. Built in the 1970s, it offers a solid structure and an excellent foundation for a personalized renovation. This is a fantastic opportunity for investors or first-time buyers looking for a budget-friendly property on the Costa del Sol.
The current entrance is on the roadside, but it is possible to create an access through the patio, as several neighbouring apartments have already done, offering enhanced privacy and convenience.
The bathroom has been fully renovated to improve comfort. The kitchen is equipped and opens onto the patio. The rest of the apartment would benefit from modernisation, giving you the chance to transform it into a cozy, functional space—perfect for everyday living or rental income.
Viewings are available with 24 hours' notice, to respect the current occupant's schedule.
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
Costing Breakdown
* 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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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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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.