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NEW BUILD RESIDENTIAL COMPLEX IN ISTAN, NEAR MARBELLA
New Build development in the Sierra de las Nieves, 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 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
The new development is connected by wide roads with pavements, landscaped gardens, visitor parking and rural pathways amongst the forest areas so that you can relax in tune with nature.
All the homes have unrestricted views with a south-easterly aspect towards the Marbella Bay and Gibraltar.
Istan is a town of Arabic origin located in the Natural Park of Sierra de las Nieves and just 15 kilometres from the beaches of Marbella. The beauty of the surrounding nature, the passage of river Verde, its fountains and the magic of its corners make Istan be known popularly as the "Manantial (Spring) of the Costa del Sol". In addition, the proximity to Marbella allows you to combine relaxation with nightlife entertainment or golf.
New Build development in the Sierra de las Nieves, 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 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
The new development is connected by wide roads with pavements, landscaped gardens, visitor parking and rural pathways amongst the forest areas so that you can relax in tune with nature.
All the homes have unrestricted views with a south-easterly aspect towards the Marbella Bay and Gibraltar.
Istan is a town of Arabic origin located in the Natural Park of Sierra de las Nieves and just 15 kilometres from the beaches of Marbella. The beauty of the surrounding nature, the passage of river Verde, its fountains and the magic of its corners make Istan be known popularly as the "Manantial (Spring) of the Costa del Sol". In addition, the proximity to Marbella allows you to combine relaxation with nightlife entertainment or golf.
Property Features
- 3 bedrooms
- 2 bathrooms
- 109m² Build size
- Communal Pool
- Gated
- Number of Parking Spaces: 1
- Views: Sea
- Near Schools
- Location: Coastal, Urbanisation
- Double Bedrooms: 3
- Elevator/Lift
- Beach: 7000 Meters
- Useable Build Space: 95 Msq.
- Terrace: 41 Msq.
- Air Conditioning: Yes, Pre-Installed
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,000€
Final Payment of 90% on completion
387,000€
Property Purchase Expenses
Property price
430,000€
Transfer tax 10%
43,000€
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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