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Ref: PD356342
Property marketed by Property Directors Costa del Sol, S.L.
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Completing soon! This exciting New Development off-plan of Apartments and Penthouses with stunning panoramic sea views and spacious sunny terraces facing South and South West towards Gibraltar. Apartments of 2 and 3 bedrooms with 41m2 terraces and Penthouses with 61m2 terraces. Just minutes to several golf courses including Finca Cortesin. 5 minutes to La Duquesa Marina and 10 minutes to Estepona. 1 hour to Málaga Airport and 25 minutes to Gibraltar Airport. This development has already attacted a lot of interest and is selling fast!
Final two 2 bed Penthouses (Áticos) with huge 100m2 open terraces with stunning sea views available: from: €601,500
Feautures
Gym
Social club
Infinity pool
Storage & parking space included
Walking distance to the beach
Prices exclude purchase tax 10% VAT (IVA)
Completion due end March 2024
Final two 2 bed Penthouses (Áticos) with huge 100m2 open terraces with stunning sea views available: from: €601,500
Feautures
Gym
Social club
Infinity pool
Storage & parking space included
Walking distance to the beach
Prices exclude purchase tax 10% VAT (IVA)
Completion due end March 2024
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
57,150€
Final Payment of 90% on completion
541,350€
Property Purchase Expenses
Property price
601,500€
Transfer tax 10%
60,150€
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.