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Ref: 5618MLA
Property marketed by Azul Villa
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Beautiful south-facing, two-bedroom apartment located in the prestigious Hacienda Playa, Elviria. Designed for comfortable coastal living and filled with natural light, the property features two large bedrooms, two bathrooms and a fully equipped kitchen, making it ideal for holidays or year-round use. Additionally this apartment also includes the convenience of one underground parking space and one secure storage room. This gated community offers well maintained gardens, tennis courts and a communal swimming pool. Perfectly situated in the heart of Elviria, the property is within walking distance of the famous Nikki Beach, as well as a fantastic selection of restaurants, cafes, and shops. It’s also close to several top international schools, adding to its appeal for both families and investors. With its prime location and excellent local amenities, this property offers strong rental potential.
Transferable Touristic license already in place for this property - This is a fantastic investment opportunity.
Transferable Touristic license already in place for this property - This is a fantastic investment opportunity.
Property Features
- 2 bedrooms
- 2 bathrooms
- 144m² Build size
- Swimming Pool
- heating yes
- storage room
- near the beach
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
72,000€
Final Payment of 90% on completion
675,000€
Property Purchase Expenses
Property price
750,000€
Transfer tax 10%
75,000€
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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