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Ref: 1802VRE/7103
Property marketed by VERUS REAL ESTATE
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Fantastic townhouse located in Sierra Blanca Caprice Meisho Hills. The most exclusive area with the best location on the Costa del Sol. The common areas are privileged, with 24-hour Private Security, manicured and pleasant gardens, two outdoor designer swimming pools, 3 gym areas with Sauna and Turkish Bath and 3 heated interiors . swimming pools. . . This fantastic house is south facing, with spacious and bright rooms. The living room located on the ground floor is very spacious, with lots of light and has a large terrace with lots of vegetation overlooking the sea. It also has a fantastic fully equipped kitchen and an integrated garage for two cars. It has underfloor heating throughout the house, air conditioning and a domotic home system.. . It is the perfect property to live in, as a second residence or as an investment since they are obtaining bank rates of 85% above the purchase value and returns close to 7% of profit.. . HOUSING WITH FIRST OCCUPANCY LICENSE. . IT IS A GREAT OPPORTUNITY
Property Features
- 2 bedrooms
- 3 bathrooms
- 350m² Build size
- Swimming Pool
- Alarm Theft
- Garage
- Terrace
- Community Pool
- Jacuzzi
- Parking
- Alarm
- Vistas al mar
- Residencial
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
93,500€
Final Payment of 90% on completion
868,500€
Property Purchase Expenses
Property price
965,000€
Transfer tax 10%
96,500€
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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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.