3 Bedroom Middle Floor Apartment For Sale In Nueva Andalucía
€485,000€4,491/m²
Andalusia, Spain
3
bedrooms
2
bathrooms
108 m²
interior
Apartment
property type
1 week ago
listed
About this place
Modern Unfinished Apartment in La Campana, Nueva Andalucía This modern southeast-facing apartment offers excellent potential and natural light throughout. It features 3 bedrooms, 2 bathrooms, and a fully fitted kitchen with a utility room. Ideally located, within walking distance to all amenities and just 2 km from the beach. A garage and storage room are included. Currently, the property is rented to a reliable tenant at €2,300 per month, fully covered by insurance — ensuring no risk of non-payment. A highly profitable investment, generating approximately €22,000 net profit per year after taxes — that's nearly €100,000 in just four years.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
