Middle Floor Apartment in Nueva Andalucía

Middle Floor Apartment in Nueva Andalucía

€470,000€510,000
  • 2 bed
  • 2 bath
  • 111 m² built
Price reduced
Beds
2
Baths
2
Built
111m²
Terrace
18m²
The property

About This Apartment

This is a great opportunity to buy an apartment in the popular El Dorado urbanisation in Nueva Andalucia at a reduced price compared to other apartments for sale in the complex.

The apartment is in need of modernisation and is therefore less than more modern apartments in the complex. It has 2 bedrooms, 2 bathrooms and a front and rear terrace, one with partial sea views. While the parking is on the street, there is always ample space. The apartment is ideally located for use as a holiday home as it is just a 2 minute walk to the nearest supermarket, restaurant and cafe. It is just a 10 minute walk to the centro plaza and bull ring in Nueva Andalucia, and only a 15 minute walk to the luxury marina of Puerto Banus. Location is the real selling point here as it is so close to literally hundreds of restaurants, bars and shops. That said it is actually located in a quiet neighbourhood surrounded by lots of green and floral areas. The communal gardens and pool area are very well kept, as are all communal areas. For the right buyer willing to invest some money in modernising the apartment, there could be a good return available whether it is to renovate and sell, or use as a holiday / long-term rental. The development still allows rental licenses to be applied for, they just charge a slightly higher community fee for any that get a touristic license.
Photography

The Apartment in Pictures

Features & amenities

Every Detail

28 features of this apartment
  • Sea views
  • Gated community
  • Close to the beach
  • Golf nearby
  • Air conditioning
Setting7
  • Close To Golf
  • Close To Shops
  • Close To Sea
  • Close To Town
  • Close To Schools
  • Close To Marina
  • Urbanisation
Orientation1
  • North East Orientation
Condition1
  • Renovation Required
Pool1
  • Communal Pool
Climate Control2
  • Air Conditioning
  • Hot A/C
Views4
  • Sea Views
  • Garden Views
  • Pool Views
  • Street Views
Features5
  • Covered Terrace
  • Fitted Wardrobes
  • Near Transport
  • Private Terrace
  • Marble Flooring
Furniture1
  • Not Furnished
Kitchen1
  • Partially Fitted Kitchen
Garden1
  • Communal Garden
Security1
  • Gated Complex
Parking1
  • Street Parking
Utilities1
  • Electricity
Category1
  • Resale
Price & running costs

The Numbers

Asking price€470,000
Previously
€510,000
Price per m² built
€4,234
Community feesper year
€864
Estimated buying costs≈ €43,287
Transfer tax (ITP)7%
€32,900
Notary & land registryapprox.
€4,700
Legal fees≈1% + VAT
€5,687
Total, approx.9.2% of the price
€513,287

A guide based on typical costs in Andalucía. Mortgage costs are not included. Your lawyer will confirm the exact figures before you commit. Read our guide to buying costs

The Details

Type
Apartment · Middle Floor Apartment
Reference
R5410438
Location
Nueva Andalucía
Year built
1994
Status
Available

As provided by the listing agent. We verify every figure before you commit.

Location

Nueva Andalucía

Marbella · Costa Del Sol

Drive times · approx.
The beach
7 min
Nearest golfAloha
2 min
Puerto Banús
7 min
Marbella old town
11 min
Málaga airport
45 min
Gibraltar airport
50 min

Approximate location in Nueva Andalucía. We share the exact address on enquiry.

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