1 bedroom Apartment for sale

1 bedroom Apartment for sale

Riviera del Sol, Málaga
250,000
 
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
  • 1 bedroom Apartment for sale
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South-Facing 1 Bed Apartment for Sale in Riviera del SolThis fully furnished 1 bedroom apartment for sale in Royal Green, Riviera del Sol offers an excellent opportunity for both investors and lifestyle buyers Set within a secure gated community, the property enjoys a south-facing position with open sea views, just a 5-minute drive from the beach and local amenities The development features manicured gardens and a communal swimming poolThe apartment is generously sized, with a bright living area opening directly onto a large private terrace, also accessed from the bedroom The spacious double bedroom includes fitted wardrobes and electric blinds, while the full bathroom is well maintained The independent kitchen, with the option to be opened into the lounge, is complemented by a separate utility roomThe property benefits from pre-installation for air conditioning and is also equipped with portable air conditioning units in both the lounge and bedroom, meaning it is ready for immediate use or rental Further features include marble flooring, double glazing, fibre optic internet, a private underground parking space, and a separate storeroom With a tourist rental licence already in place, this apartment presents a strong entry-level investment with immediate rental income potential, ideally located 25 minutes from Málaga Airport and 20 minutes from MarbellaSummaryFully furnished 1 bedroom, 1 bathroom apartmentSouth-facing with sea views and large private terraceTerrace access from lounge and bedroomGated community with communal pool and landscaped gardensIndependent kitchen with utility room and flexible layoutPre-installed air conditioning plus portable units includedTourist rental licence in place – ideal investment opportunityUnderground parking space and separate storeroom

Property Features

  • 1 bedroom
  • 1 bathroom
  • 55m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,000€
Final Payment of 90% on completion
225,000€
 
Property Purchase Expenses
Property price
250,000€
Transfer tax 10%
25,000€
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.

Mortgage Calculator

Mortgage Amount:
250,000€
Deposit:
Interest Rate:
%
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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.

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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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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