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Ref: Limonero-apartm
Property marketed by MGP - Golf & Coastal Properties
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An opportunity to purchase a fantastic brand new apartment situated on the prestigious Las Colinas Golf & Country Club. Ready for completion towards the end of the year, these apartments offer spacious accommodation with 132 sq'm of living space plus a 36 sq'm terrace. The apartment comprises a 54 sq'm open-plan living room incorporating the contemporary modern kitchen, three double bedrooms with fitted wardrobes, two bathrooms a WC and a South-East facing terrace. Outside there is an allocated parking space and gardens with communal swimming pools. Contact MGP to arrange a tour of the resort.
Property Features
- 3 bedrooms
- 3 bathrooms
- 132m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
55,400€
Final Payment of 90% on completion
525,600€
Property Purchase Expenses
Property price
584,000€
Transfer tax 8%
46,720€
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.