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Ref: R4336042
Property marketed by Spanish Legal Homes
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This residential development is spread across three distinct residential zones, featuring a modern design that harmoniously integrates with the surrounding environment. Situated in a well-established area of Estepona, it is conveniently located just a few minutes away from the beach, city center, and Estepona's marina.Taking full advantage of its south-southeast orientation, this apartment maximizes natural light, while its elevated position provides breathtaking panoramic views.R4336042
Property Features
- 2 bedrooms
- 2 bathrooms
- 99m² Build size
- Amenities near
- Transport near
- Air conditioning
- Fully fitted kitchen
- Storage room
- Brand new
- Private terrace
- Sea view
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,000€
Final Payment of 90% on completion
315,000€
Property Purchase Expenses
Property price
350,000€
Transfer tax 10%
35,000€
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.
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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.