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Ref: M540206
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Renovated penthouse in East Marbella, situated in the prestigious and well-established area of Río Real, close to golf courses. This penthouse is a true gem, offering luxurious living on one level with direct access to the apartment via a private lift. The highlight of this property is the stunning wrap-around terrace, spanning an impressive 269m2 and facing both south-west and south-east. This expansive terrace offers a perfect blend of outdoor living and entertainment spaces, including a barbecue area, a heated pool for refreshing dips, and various dining and chill-out areas with a gazebo. The interior of the penthouse is tastefully decorated, reflecting an elegant design. The spacious living room, complete with a fireplace, leads seamlessly to the main terrace, allowing for a harmonious indoor-outdoor flow. The separate, fully equipped kitchen features an island, offering ample space for culinary creations. Adjacent to the kitchen there is a separate dining room with high ceilings, providing a grand and inviting space for meals and gatherings. The master bedroom is a sanctuary of luxury, boasting a double-height ceiling, a dressing area, and an inviting fireplace. The west-facing guest bedrooms also offer stunning views and one of them has a private terrace overlooking the sea. Extra features include underfloor heating in bathrooms, alarm and electric shutters. In addition, the property includes an underground parking space in communal garage and guest parking within the community.
Property Features
- 4 bedrooms
- 4 bathrooms
- 230m² Build size
- Swimming Pool
- 24 hour security
- air conditioning
- alarm system
- close to park
- close to schools
- double glazing
- gated complex
- lift
- modern style
- pool views
- private garden
- sea views
- swimming pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
116,500€
Final Payment of 90% on completion
1,075,500€
Property Purchase Expenses
Property price
1,195,000€
Transfer tax 10%
119,500€
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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