Lucas Fox presents Be Grand Limonar, a new development in the central district of Malaga with a full range of amenities, restaurants, and entertainment that Malaga has to offer. Specifically, it boasts an enviable location in El Limonar, just a four-minute walk from the beach. Be Grand El Limonar is a project consisting of 17 exclusive homes that elegantly blend modern and traditional design. Inside Be Grand El Limonar stands the majestic Alcazaba building, which has undergone careful reconstruction both inside and out. It harmoniously blends with both newly constructed buildings and those belonging to Malaga's historical heritage. This apartment is located on the second floor. Upon entering the house through the corridor, you step into a spacious living-dining room with an open kitchen with a central island and access to a pleasant balcony. Further down the corridor, on the right, is a bedroom with a double bed and a bathroom. Returning to the entrance hall, on the left is a toilet and a second sleeping area, where there is a bedroom with two beds and a separate bathroom, and a third bedroom with a double bed, a separate bathroom, and a dressing room. This home has been designed with large windows, luxurious finishes created exclusively for your well-being, and large, welcoming spaces. It complies with the highest quality standards to ensure maximum comfort, such as a fully equipped kitchen. The Alcazaba building, located just 200 meters from the beach, offers magnificent views.
Characteristics
Property type
Residential Properties
Object type
Flat
Price
1 592 135 $
FAQ
How can I get a residence permit by buying property in Spain?
In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Malaga; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Spain?
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
What taxes and fees apply when buying in Spain?
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
How is the title checked in Spain?
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Can I rent out property after purchase in Spain?
Yes. Rental income tax is 5–25% depending on the regime. In Malaga short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (1 592 135 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Spain?
A typical transaction runs 30–90 days, averaging 45 in Malaga: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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