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Ref: P-FUE-16-LR/9971
Property marketed by Costasur Estates SL
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Brand new development under construction situated within walking distance to the beach and just 15 minutes drive to Malaga.The development will have 40 apartments of 2 3 bedroom, fully furnished kitchen and bathroom, air condition hot and cold.Access to the rooftop community swimming pool with the most amazing views and to the gym.The apartments are designed to be spacious and light and have a varity of layout and footages.Prices from 309.000
Property Features
- 2 bedrooms
- 2 bathrooms
- 96m² Build size
- Swimming Pool
- Terrace
- Elevator
- Wardrobes cupboard
- Storeroom
- Appliances
- Heating
- Air-Conditioning
- Community Pool
- Light
- Water
- Gymnasium
- Garden
- Residencial
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,900€
Final Payment of 90% on completion
278,100€
Property Purchase Expenses
Property price
309,000€
Transfer tax 10%
30,900€
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.