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74 new homes to be built in Los Pacos, Fuengirola, with a choice of 2 or 3 bedrooms (1-bedrooms are sold out). From here there is access to amenities, restaurants, cafes, sports facilities and so much more.
Prices penthouses 3 beds from €469,950 (2 beds are sold out).
(prices apartments 2 beds from €329,500 / 3 beds from €419,950)
SPECS include aero-thermal system for air-conditioning hot & cold, built-in wardrobes in bedrooms, blinds in bedrooms, ceramic flooring, fully fitted kitchen with appliances from Bosch, Balay of similar, separate utility room with washing machine, sound insulation, mechanical ventilation in bathrooms. The price includes 2 parking spaces + 1 storeroom situated in the underground garage.
Payment terms residents in spain: Deposit €5,500 / Private purchase contract payment of 12,5% of purchase price - deposit + VAT / During construction additional 12,5% + VAT / Handover payment of remaining 75% + VAT.
Payment terms non-residents: Deposit €5,500 / Private purchase contract payment of 20% of purchase price - deposit + VAT / During construction payment of an addition 20% + VAT / Remaining 60% + VAT upon handover at the public notary.
The complex will be fully gated and feature landscaped gardens with 2 swimming pools + sauna.
Prices penthouses 3 beds from €469,950 (2 beds are sold out).
(prices apartments 2 beds from €329,500 / 3 beds from €419,950)
SPECS include aero-thermal system for air-conditioning hot & cold, built-in wardrobes in bedrooms, blinds in bedrooms, ceramic flooring, fully fitted kitchen with appliances from Bosch, Balay of similar, separate utility room with washing machine, sound insulation, mechanical ventilation in bathrooms. The price includes 2 parking spaces + 1 storeroom situated in the underground garage.
Payment terms residents in spain: Deposit €5,500 / Private purchase contract payment of 12,5% of purchase price - deposit + VAT / During construction additional 12,5% + VAT / Handover payment of remaining 75% + VAT.
Payment terms non-residents: Deposit €5,500 / Private purchase contract payment of 20% of purchase price - deposit + VAT / During construction payment of an addition 20% + VAT / Remaining 60% + VAT upon handover at the public notary.
The complex will be fully gated and feature landscaped gardens with 2 swimming pools + sauna.
Property Features
- 3 bedrooms
- 2 bathrooms
- 193m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,995€
Final Payment of 90% on completion
422,955€
Property Purchase Expenses
Property price
469,950€
Transfer tax 10%
46,995€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.