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Ref: MLSC2441972
Property marketed by The Property Group
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This property is currently rented, but the owner wants to sell it with the existing lease All leases include insurance to guarantee the rental incomeOnce the rental agreements expire, you can do whatever you want with the property; it's yours The only difference now is that you are buying the property with the existing lease, which we are obligated to honor, while the owner wants to sell due to their own circumstancesThe current lease began in April 2023 and ends in April 2030, guaranteeing an income of €940 per month until April 2030 The purchase price of the property is €260,700 Become a homeowner in Spain now and enjoy a sound, hassle-free investment with guaranteed returns Please review the taxes you will be required to pay on this income! If you have any questions, please don't hesitate to contact us; we are here to helpThis is a 2-bedroom, 1-bathroom apartment in Estepona The building dates from 2003 It boasts an unbeatable location in a very family-friendly and central area, and these buildings do have elevators If you have any questions, please don't hesitate to contact us Thank you in advance
Property Features
- 2 bedrooms
- 1 bathroom
- 83m² Build size
- Category - Bargain
- Category - Cheap
- Category - Investment
- Category - Luxury
- Category - Resale
- Condition - Good
- Features - Near Transport
- Furniture - Not Furnished
- Furniture - Optional
- Safe Box
- Kitchen - Fully Fitted
- Security - Entry Phone
- Setting - Close To Schools
- Setting - Close To Sea
- Setting - Close To Shops
- Setting - Close To Town
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,070€
Final Payment of 90% on completion
234,630€
Property Purchase Expenses
Property price
260,700€
Transfer tax 10%
26,070€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.












