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ISTAN - New Apartments
new development, in the Sierra de las Nieves, on the slopes of La Concha, close to the Sierra Blanca Country Club resort, in an area of exceptional natural beauty with hundred-year-old forests and panoramic views of Marbella Bay and the great Istán reservoir.
The new resort comprises 7 small residential nuclei with apartments and semi-detached homes nestling on the side of the mountain.
with the best panoramic views at the highest part of the development.
All the homes have unrestricted views with a south-easterly aspect towards the Marbella Bay and Gibraltar.
The project includes 4 blocks of 3 floors with homes in contemporary “open plan” style but with a rustic appearance that blends into the natural surroundings. Apartments with 2 and 3 bedrooms and penthouses with a solarium, with large terraces, communal pool and gardens with autochthonous plants
The homes are delivered fully equipped, with premium brand finishings, ready to move in. They also have an underground parking space and a storeroom.
Construction is underway and the homes are expected to be ready: May 2024
new development, in the Sierra de las Nieves, on the slopes of La Concha, close to the Sierra Blanca Country Club resort, in an area of exceptional natural beauty with hundred-year-old forests and panoramic views of Marbella Bay and the great Istán reservoir.
The new resort comprises 7 small residential nuclei with apartments and semi-detached homes nestling on the side of the mountain.
with the best panoramic views at the highest part of the development.
All the homes have unrestricted views with a south-easterly aspect towards the Marbella Bay and Gibraltar.
The project includes 4 blocks of 3 floors with homes in contemporary “open plan” style but with a rustic appearance that blends into the natural surroundings. Apartments with 2 and 3 bedrooms and penthouses with a solarium, with large terraces, communal pool and gardens with autochthonous plants
The homes are delivered fully equipped, with premium brand finishings, ready to move in. They also have an underground parking space and a storeroom.
Construction is underway and the homes are expected to be ready: May 2024
Property Features
- 2 bedrooms
- 2 bathrooms
- 97m² Build size
- Urbanisation
- Close To Schools
- Country
- Close To Forest
- Village
- Mountain Pueblo
- South East
- Excellent
- New Construction
- Communal Pool
- Air Conditioning
- Hot A/C
- Cold A/C
- Mountain
- Panoramic
- Garden
- Pool
- Country
- Covered Terrace
- Lift
- Storage Room
- Ensuite Bathroom
- Private Terrace
- Double Glazing
- Utility Room
- Marble Flooring
- Fitted Wardrobes
- Fully Fitted
- Communal
- Gated Complex
- Underground
- Electricity
- Investment
- Luxury
- Off Plan
- Contemporary
- New Development
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,500€
Final Payment of 90% on completion
319,500€
Property Purchase Expenses
Property price
355,000€
Transfer tax 10%
35,500€
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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