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BENALMADENA .... NEW APARTMENTS, COMPLETION DATE ESTIMATED 2ND QUARTER OF 2025
An exclusive residential resort, situated in a privileged location in Benalmádena. Thanks to its elevated position, all homes boast breathtaking panoramic views of the sea and the coast. The sloping terrain allows for staggered housing, with large terraces that are further enhanced by glass railings that appear to blend seamlessly with the sea in front, allowing for maximum appreciation of the views and the stunning sunlight overlooking the Mediterranean Sea means that each and every one of the 49 homes and 2 townhouses enjoy bright rooms thanks to natural light. large terraces, bright penthouses, and townhouses with private gardens and terraces.
An exclusive residential resort, situated in a privileged location in Benalmádena. Thanks to its elevated position, all homes boast breathtaking panoramic views of the sea and the coast. The sloping terrain allows for staggered housing, with large terraces that are further enhanced by glass railings that appear to blend seamlessly with the sea in front, allowing for maximum appreciation of the views and the stunning sunlight overlooking the Mediterranean Sea means that each and every one of the 49 homes and 2 townhouses enjoy bright rooms thanks to natural light. large terraces, bright penthouses, and townhouses with private gardens and terraces.
Property Features
- 3 bedrooms
- 2 bathrooms
- 98m² Build size
- Close To Golf
- Urbanisation
- Close To Shops
- Close To Sea
- Close To Town
- Close To Schools
- South
- South West
- West
- Excellent
- New Construction
- Communal Pool
- Air Conditioning
- Pre Installed A/C
- Hot A/C
- Cold A/C
- Sea View
- Panoramic
- Pool
- Covered Terrace
- Lift
- Storage Room
- Ensuite Bathroom
- Private Terrace
- Double Glazing
- Utility Room
- Marble Flooring
- Gym
- Fitted Wardrobes
- Fully Fitted
- Communal
- Gated Complex
- Entry Phone
- Underground
- More Than One
- Electricity
- Investment
- Golf
- Luxury
- Contemporary
- New Development
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
61,600€
Final Payment of 90% on completion
581,400€
Property Purchase Expenses
Property price
646,000€
Transfer tax 10%
64,600€
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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Spanish Property News & Updates by Spain Property Portal.com
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.