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Ref: Velapi-II
Property marketed by MGP - Golf & Coastal Properties
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An opportunity to buy a brand new penthouse apartment in a brand new development located in Los Narejos - close to golf courses, restaurants and the beach. The development has a communal swimming pool and underground parking with lifts to all floors. The penthouse apartments are South facing, with two bedrooms, two bathrooms and spacious 86 sq'm solarium sun terraces. We also have apartments on the lower floors for sale starting from 219.000 euros . Ready for occupation around December 2024, these apartments would be ideal holiday homes or rental investments. Limited availability - contact MGP to reserve yours!
Property Features
- 2 bedrooms
- 2 bathrooms
- 96m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,000€
Final Payment of 90% on completion
243,000€
Property Purchase Expenses
Property price
270,000€
Transfer tax 8%
21,600€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.