4 bedroom Duplex for sale in Velez Malaga, Málaga, Spain

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Property marketed by David Santiago Inmobiliaria

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GREAT OPPORTUNITY!! Beautiful semi-detached house under construction, 130m2 built + 60m2 garage + terraces + solarium. Ground floor has a living-dining room, open kitchen, bedroom and toilet. First floor has 3 bedrooms, 2 bathrooms. Solarium with large terrace with views of the village, the sea and the mountains. Possibility of making changes on site.

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Property Features

4 bedrooms
2 bathrooms
130m² Build size
70m² Plot size
Sun/facing : South

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

23,000€

Final Payment of 90% on completion

234,000€

Property Purchase Expenses

Property price

260,000€

Transfer tax 10%

26,000€

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.

Mortgage Calculator

Mortgage Amount:

260,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.