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Ref: Penthouse Malaga
Property marketed by JT Estates
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Penthouse in Málaga On the seventh floor of an open U-shaped building, this penthouse offers sea views and generous light throughout the day. As you enter the apartment you are greeted by an open plan living and dining room, where the modern kitchen is integrated with a central island. This gives an impression of space and generosity. The living room, with its floor-to-ceiling windows, also has access to a magnificent terrace that extends to the east and south. From the terrace you can enjoy the view of Malaga, the communal gardens, the swimming pool and the sea. From the hall, on the left, there is access to the bedrooms. The master bedroom has an en-suite bathroom and a walk-in closet. The second bedroom has access to the second bathroom, which is also used by guests. Both bedrooms give access to the large terrace. This recently built property has a spacious swimming pool, gardens and a gym. Its perfect south orientation makes it warm and bright. In a few minutes walk you reach the beach. The whole area is ideal for cycling, with cycle paths that run along the beach and extend to the east of the city, passing through the old town. This comfortable residence has two garage spaces and a large storage room. Contact us for more information on this property or to book a viewing.
Property Features
- 2 bedrooms
- 2 bathrooms
- 114m² Build size
- Swimming Pool
- Garage
- Parquet
- Lift
- Air conditioner
- Storage Room
- Terrace
- Solarium
- Private urbanisation
- guardian
- Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
96,500€
Final Payment of 90% on completion
895,500€
Property Purchase Expenses
Property price
995,000€
Transfer tax 10%
99,500€
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.