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Ref: M268587
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Situated in Nueva Andalucia's coveted El Dorado community, this duplex penthouse epitomises elegance and practicality. With two stories and three bedrooms and three bathrooms, the property is elegantly designed in the modern Scandinavian style. Featuring high-end Smeg equipment, the ground floor kitchen is light and airy and flows smoothly into the living space, which has doors opening to a south-facing patio. A dining table, a bar table and a BBQ area complete this area that looks out into the large communal pool.There are two bedrooms on the equally beautiful upper level, each with its own private bathroom.The walk-in closet-equipped master suite leads out to a heated plunge pool and a balcony with expansive views of the sea. Designed for afternoon lounging, the second bedroom features a peaceful west-facing balcony with views of the mountains.Three terraces—two facing south and one west—as well as a community garden with a sizable pool enhance outdoor living. Two underground parking spaces and a gated community for security are additional perks of the property. Fully furnished in a contemporary style, the penthouse has impressive rental records, with first occupation license (LPO), as well as a tourist rental license in place.The position is unrivalled, close to Centro Plaza and all of its restaurants, supermarkets, and shopping centres. Walking distances to Puerto Banus and the beach are available, and there is a little community fee. This El Dorado duplex penthouse is more than simply a place to live for people looking for luxury, practicality, and significant rental investment possibilities.
Property Features
- 3 bedrooms
- 3 bathrooms
- 135m² Build size
- Condition - Excellent
- Category - Investment
- Category - Holiday Homes
- Features - Near Transport
- Features - Marble Flooring
- Features - Ensuite Bathroom
- Features - Storage Room
- Features - Private Terrace
- Features - Fitted Wardrobes
- Features - Lift
- Climate Control - Hot A/C
- Climate Control - Cold A/C
- Features - Utility Room
- Features - Solarium
- Climate Control - Air Conditioning
- Features - Satellite TV
- Features - Double Glazing
- Features - Covered Terrace
- Climate Control - U/F/H Bathrooms
- Category - Contemporary
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
76,000€
Final Payment of 90% on completion
711,000€
Property Purchase Expenses
Property price
790,000€
Transfer tax 10%
79,000€
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.