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NEW BUILD APARTMENTS IN ISTAN
New Build residential complex in Istan, near Marbella, is made up of 22 apartments with 1 and 2 bedrooms, distributed in three blocks with large terraces and panoramic views of the sea and the Embalse de la Concepcion.
Most of the properties have parking space and storage room.
The communal areas include a communal swimming pool and garden areas to enjoy the warmer months.
Residential complex surrounded by a spectacular natural environment.
Istán is a town and municipality in the province of Málaga in Andalusia in southern Spain with an estimated population in 2005 of 1400 people. It lies beneath the Sierra Blanca in the valley of the Rio Verde about 15 km to the northwest from Marbella and the Mediterranean coast. It is situated on the southern slope of the Sierra de las Nieves. It is also near the large reservoir created by the Presa de la Concepción dam, built in 1972 to provide drinking water to towns all along the Costa del Sol.
New Build residential complex in Istan, near Marbella, is made up of 22 apartments with 1 and 2 bedrooms, distributed in three blocks with large terraces and panoramic views of the sea and the Embalse de la Concepcion.
Most of the properties have parking space and storage room.
The communal areas include a communal swimming pool and garden areas to enjoy the warmer months.
Residential complex surrounded by a spectacular natural environment.
Istán is a town and municipality in the province of Málaga in Andalusia in southern Spain with an estimated population in 2005 of 1400 people. It lies beneath the Sierra Blanca in the valley of the Rio Verde about 15 km to the northwest from Marbella and the Mediterranean coast. It is situated on the southern slope of the Sierra de las Nieves. It is also near the large reservoir created by the Presa de la Concepción dam, built in 1972 to provide drinking water to towns all along the Costa del Sol.
Property Features
- 2 bedrooms
- 2 bathrooms
- 112m² Build size
- Communal Pool
- Gated
- Number of Parking Spaces: 1
- Views: Sea
- Near Schools
- Near Commercial Center
- Air Conditioning: Pre-Installed
- Double Bedrooms: 2
- Beach: 7000 Meters
- Location: Rural, Urbanisation
- Terrace: 15 Msq.
- Useable Build Space: 71 Msq.
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,500€
Final Payment of 90% on completion
229,500€
Property Purchase Expenses
Property price
255,000€
Transfer tax 10%
25,500€
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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