Apartment with 2 bedrooms in Nueva Andalucía
Middle Floor Apartment
About this home
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.
Features
- Walk to shops
- Communal pool
- Air conditioning
- Sea views
- Terrace
- Garden
- Gated community
Details
- 1994Year built
- EEnergy rating
Location
The circle shows the approximate area. We share the exact address when you book a viewing.
More homes in Nueva AndalucíaMortgage and buying costs
Non-residents can usually borrow 60–70% of the price, so plan for 30–40% in cash, plus about 10–13% for taxes and fees. Residents can often borrow up to 80%. The bank also needs your income to cover the payments.
- Mortgage amount
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- Your deposit
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- Transfer tax (ITP 7%)
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- Notary, registry and lawyer (about 1.5%)
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- Cash you need to buy
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Habeno is our mortgage partner for international buyers. They compare Spanish banks for you and handle the application.
This is an estimate, not a mortgage offer. Rates, fees and how much you can borrow depend on the bank, your income and where you live. Tax rates shown are for Andalucía.
Transfer tax (ITP 7%) VAT 10% + stamp duty 1.2% years- €72community fees per month