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La Finca de Marbella 2

La Finca de Marbella 2, Río Real, Marbella, 29603, Spain, Marbella, Spain
EUR 1265000 - 1325000
La Finca de Marbella 2
La Finca de Marbella 2 - Image 2
La Finca de Marbella 2 - Image 3

Overview

Bedrooms4-24
Bathrooms2-4
Area199-800 sqm
Year Built2019

The second phase of a residential development near the Santa Clara Golf course in Marbella.

High demand! This property is getting a lot of attention.

Consider acting fast if you're interested.

Building/Community Amenities

  • Air Conditioning / Central A/C
  • Balcony / Patio / Terrace
  • BBQ / Grilling Area
  • Clubhouse / Resident Lounge
  • Fitness Center / Gym
  • Garage Parking
  • Gated Community
  • Heating
  • Hot Tub / Jacuzzi
  • In-Unit Laundry (Washer & Dryer)
  • Kitchen Appliances
  • Mountain View
  • Pool
  • Private Pool
  • Sea / Ocean View
  • Spa / Wellness Center
  • Storage Units
  • Walk-in Closets

Investment Insights

Investment Analysis

Investment Summary

Property Price:€1,265,000
Down Payment (30%):€379,500
Total Investment:€0
Monthly Rental Income:€0
Net Annual Rental Income:€0
Future Property Value:€0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Full ownership rights (Freehold)

Foreign Ownership

No restrictions for EU citizens. Non-EU citizens need to obtain a Foreign Identity Number (NIE).

Tax Considerations

Property Taxes

Annual property tax (IBI) of 0.4-1.1% of cadastral value. Non-resident income tax of 24% on rental income.

Transfer Tax

Transfer tax (ITP) of 6-10% depending on the region. New properties are subject to 10% VAT instead.

Inheritance Tax

Inheritance tax rates vary by region, ranging from 7.65% to 34%.

Important Considerations

Restrictions

  • Properties in certain border areas may require military authorization
  • Restrictions may apply to rural land and properties in coastal areas

Required Documents

  • NIE (Foreigner's Identification Number)
  • Public deed of sale (Escritura Pública)
  • Property registration with the Land Registry
  • Payment proof of all applicable taxes

Financing Options

Financing Options

Mortgage Calculator

€379,500
Loan Amount:€885,500
Monthly Payment:€0
Total Payment:€0
Total Interest:€0

Financing in Spain

Spanish banks offer mortgages to foreign buyers, though the process and requirements differ from those for residents. Most banks will lend up to 60-70% of the property value to non-residents.

Requirements for Foreign Buyers
  • 1
    Valid passport and NIE (Foreigner's Identification Number)
  • 2
    Proof of income (typically last 3-6 months of pay slips or tax returns)
  • 3
    Bank statements for the last 3-6 months
  • 4
    Details of existing debts and financial commitments
Popular Lenders
Banco Santander
Max LTV:
70%
Interest Rate:
From 2.5% fixed, Euribor + 1.5% variable
BBVA
Max LTV:
70%
Interest Rate:
From 2.3% fixed, Euribor + 1.4% variable
CaixaBank
Max LTV:
70%
Interest Rate:
From 2.4% fixed, Euribor + 1.6% variable

Contact Information

Bright / Andalusian

Bright / Andalusian

Property Developer

Verified

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info@by-bright.com

by-bright.com/

Contact Developer

Mention property ID: La Finca de Marbella 2 when contacting.

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