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Ref: P-M-08-CV/9971
Property marketed by Costasur Estates SL
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A fantastic opportunity to purchase brand new apartments and penthouses situated just 15 minutes from the historical town of Malaga.Luxury residences with panoramic sea views from 1 - 4 bedrooms with brand ambassador Antonio Banderas.These unique residences offer:24 hr securityConcierge ServiceSpacious and equipped gymIndoor and outdoor climatized poolSolarium with infinity poolPool bar on the rootftop terracePre-installation for charging electric vehiclesNursery and playroom, including audio visual roomBuilt to the highest quality with underfloor heating in the entire apartment, double glazing with solar control layer, lift and slide living room windows, advanced KNX home automation system, design kitchen 100% equipped with high level appliances.
Property Features
- 3 bedrooms
- 2 bathrooms
- 140m² Build size
- Swimming Pool
- Terrace
- Elevator
- Wardrobes cupboard
- Storeroom
- Appliances
- Heating
- Air-Conditioning
- Video Intercom
- Community Pool
- Sauna
- Parking
- Gymnasium
- All Foreign
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
122,000€
Final Payment of 90% on completion
1,125,000€
Property Purchase Expenses
Property price
1,250,000€
Transfer tax 10%
125,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.