Townhouse - malaga_city

Detailed cost analysis · Generated by SolySold.com

Cash Needed Day 1

€313,398

Year 1 Total Cost

€316,250

Effective cost rate

8.44%

Property Price €289,000

Tax

Transfer Tax (ITP) €20,230

Professional Fees

Notary Fees €403

Land Registry €213

Lawyer Fees €2,890

Gestor / Administrator €500

NIE Application €12

NIE Gestor Fee €150

Total Purchase Costs €24,398

Total incl. Property Price €313,398

Property Tax (IBI) €1,040

Waste Tax (Basura) €210

Community Fees €960

Home Insurance €340

Non-Resident Tax (Modelo 210) €302

Total Annual Costs €2,852

Monthly Rent €850

Annual Rent (Gross) €10,200

Gross Yield 3.53%

Management Fees (10%) -€1,020

Maintenance Reserve (5%) -€510

Vacancy Loss (~1 month) -€816

Income Tax on Rent -€1,647

Annual Rent (Net) €6,207

Net Yield 2.15%

Short-term rental estimate (net/year) €9,180

Long-term rental (net/year) €6,207

This report is for informational purposes only. Actual costs may vary. Consult a qualified professional before making property purchase decisions.