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Ref: M268936
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Stunning ground floor, corner property in Menara Beach. Located in a quiet and private part of the urbanization with lovely garden and fountain views. This apartment has been very well cared for and the kitchen has been recently renovated to a very high standard. The property has a South West orientation and enjoys sun from the afternoon until late in the evening. Facilities include an indoor pool, gym and beautiful tropical manicured gardens. Located just steps away from the beach and the famous restaurant Tikitanos and only a short drive from Estepona town, San Pedro, Puerto Banus and Marbella, a superb location!
Property Features
- 2 bedrooms
- 2 bathrooms
- 130m² Build size
- Condition - Excellent
- Category - Investment
- Category - Holiday Homes
- Features - Near Transport
- Features - Marble Flooring
- Features - Ensuite Bathroom
- Features - Private Terrace
- Features - Fitted Wardrobes
- Features - Lift
- Climate Control - Hot A/C
- Climate Control - Cold A/C
- Condition - Recently Renovated
- Climate Control - Air Conditioning
- Features - Double Glazing
- Features - Covered Terrace
- Category - Beachfront
- Features - Gym
- Climate Control - U/F/H Bathrooms
- Category - Luxury
- Category - Contemporary
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
65,000€
Final Payment of 90% on completion
612,000€
Property Purchase Expenses
Property price
680,000€
Transfer tax 10%
68,000€
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.