3 bedroom Apartment for sale

3 bedroom Apartment for sale

Estepona, Málaga
204,000
 
  • 3 bedroom Apartment for sale
  • 3 bedroom Apartment for sale
  • 3 bedroom Apartment for sale
  • 3 bedroom Apartment for sale
  • 3 bedroom Apartment for sale
  • 3 bedroom Apartment for sale
  • 3 bedroom Apartment for sale
  • 3 bedroom Apartment for sale
  • 3 bedroom Apartment for sale
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Ref: MLSC4932622
Property marketed by The Property Group
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This property is currently rented out, but the owner wants to sell them with the current contract and these contracts ALL have insurances to guarantee the income!After the rental contracts have finished you can do what you want with the property, freehold, it is your property, the only difference now is that you buy the property with the current rental contract and we have to respect that agreement and the owner wants to sell due to own circumstancesthe current contract started May 2023 and finishes in May 2030, this means that an income of 875 Euros a month is guarenteed up to May 2030Property price to buy is 204000 Euros, become a landlord now in Spain and have a good, no hassle investment, with a guarenteed return, PLEASE DO check taxes that you will have to pay over this income! Also do let us know if you have questions, we are here to helpIt is a 3 bed, 1 bath Estepona apartment, the block is from 1972, but you are 2 streets from the beach! location, ocation, location, after the rental we would suggest we do the property up and you could resell This does seem to be a 4th floor with no lift let us know if you have any questions thanks in advance

Property Features

  • 3 bedrooms
  • 1 bathroom
  • 88m² Build size
  • Category - Bargain
  • Category - Cheap
  • Category - Investment
  • Category - Luxury
  • Category - Resale
  • Condition - Good
  • Safe Box
  • Features - Near Transport
  • Kitchen - Fully Fitted
  • Setting - Close To Schools
  • Setting - Close To Sea
  • Setting - Close To Town
  • Setting - Commercial Area

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,400€
Final Payment of 90% on completion
183,600€
 
Property Purchase Expenses
Property price
204,000€
Transfer tax 10%
20,400€
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.

Mortgage Calculator

Mortgage Amount:
204,000€
Deposit:
Interest Rate:
%
Period:
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.

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%.

Read More

Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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