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Ref: PD310850
Property marketed by Property Directors Costa del Sol, S.L.
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Ideal opportunity for investors! Studio Apartment in the Sol Andalusí complex, 150,000m² of grounds with lake, gardens, two community saltwater pools, vitality studio gym, tennis, padel and trails, close to Málaga City and the Airport. This offers tremendous rental potential. Second floor with lovely southerly views to the plaza, lake, community pool and mountains beyond. Spacious open plan living room / bedroom with double fitted wardrobe with sliding doors, fully fitted galley kitchen with plenty of cupboards, built in high end dishwasher and washing machines. Microwave, electric hob, extractor hood, and fridge freezer. Aircon hot and cold, large size double glazed windows let in a lot of natural light, with electric shutters and curtains. Travertino tiled bathroom with large shower cubicle. Thermo-electric hot water boiler. Offered for sale including the furniture items as seen. Ideal starter home or as a buy to let investment opportunity given the high demand for long term and holiday let Airbnb rentals. Sol Andalusí is a well sought after location so we do not expect this property to be on the market for long.
Property Features
- 0 bedrooms
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 10%
14,000€
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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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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