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Under construction with expected handover early 2025
New modern design complex of 68 units to be built in Estepona East.
Last units for sale - 3 X 2 bedroom garden apartments with prices €301,000 - €309,000.
The complex will offer 15,000m2 of landscaped gardens with swimming pool, co-working area, gym, children's play area and garden areas.
Payment terms: Reservation €6,600 / Private purchase contract 30% + VAT / 70% + VAT upon completion at the public notary.
New modern design complex of 68 units to be built in Estepona East.
Last units for sale - 3 X 2 bedroom garden apartments with prices €301,000 - €309,000.
The complex will offer 15,000m2 of landscaped gardens with swimming pool, co-working area, gym, children's play area and garden areas.
Payment terms: Reservation €6,600 / Private purchase contract 30% + VAT / 70% + VAT upon completion at the public notary.
Property Features
- 2 bedrooms
- 2 bathrooms
- 100m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,100€
Final Payment of 90% on completion
270,900€
Property Purchase Expenses
Property price
301,000€
Transfer tax 10%
30,100€
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.