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Ref: ESTPD32DA
Property marketed by Grupo Platinum Estates Sl
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Grupo Platinum Estates presents. Duplex penthouse in the center of Estepona, 5 minutes walking distance to the old town of Estepona. A spacious, bright property of first quality. The property consists of a 111m2 living area with a spacious livingdining room, brand new fitted kitchen, and 2 large bathrooms; one with shower, the other with bathtub. 3 bedrooms with fitted wardrobes, a terrace at the front of the property, and a spectacular private solarium on the roof terrace. The property is practically new, sold furnished, with ducted air conditioning, underground parking space, and a storage room. This property will be on the market for a very short time, call us today on 0034950466112 before you miss the opportunity.
Property Features
- 3 bedrooms
- 3 bathrooms
- 160m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
38,990€
Final Payment of 90% on completion
377,910€
Property Purchase Expenses
Property price
419,900€
Transfer tax 10%
41,990€
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.