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Fantastic first line beach apartment in the well-known and exclusive La Malagueta Beach-area in Malaga.
The apartment has undergone full reforms, comprising 4 bedrooms, 4 bathrooms. Built size 210m2 including 11m2 of terrace that is South facing.
Situated on the 1st floor with partial sea views.
The price includes a fully fitted kitchen, air-conditioning hot & cold, built-in wardrobes, double glazing, etc. Also included in the price are 2 parking spaces + 1 storeroom in the underground garage. Lift to the property.
Fantastic first line beach apartment in the well-known and exclusive La Malagueta Beach-area in Malaga.
The apartment has undergone full reforms, comprising 4 bedrooms, 4 bathrooms. Built size 210m2 including 11m2 of terrace that is South facing.
Situated on the 1st floor with partial sea views.
The price includes a fully fitted kitchen, air-conditioning hot & cold, built-in wardrobes, double glazing, etc. Also included in the price are 2 parking spaces + 1 storeroom in the underground garage. Lift to the property.
Property Features
- 4 bedrooms
- 4 bathrooms
- 210m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
112,000€
Final Payment of 90% on completion
1,035,000€
Property Purchase Expenses
Property price
1,150,000€
Transfer tax 10%
115,000€
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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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.