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Ref: MB-19-RR/9971
Property marketed by Costasur Estates SL
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FOR SALE - 2 BED APARTMENT - MARBELLA. . A high quality apartment situated just a short drive to the famous port of Puerto Banus and Marbella.. The surrounding area offers, Tennis clubs, Golf clubs and bars and restaurants.. . Features:. 2 bedroom. 2 bathroom. Living area with access to private terrace . Separate fully equipped kitchen. East orientation. Views to the pool and mountain. Air condition. Parking. Storage room . Community pool and gardens. .
Property Features
- 2 bedrooms
- 2 bathrooms
- 106m² Build size
- Swimming Pool
- Elevator
- Wardrobes cupboard
- Appliances
- Heating
- Air-Conditioning
- Community Pool
- Light
- Water
- Parking
- Garden
- Residencial
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,650€
Final Payment of 90% on completion
311,850€
Property Purchase Expenses
Property price
346,500€
Transfer tax 10%
34,650€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.