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Ref: M268462
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Lovely penthouse with garden, mountain and some sea views near Cabopino port and beach. From the covered terrace and solarium you can experience the tranquility of the natural surroundings. There is an underground parking and storage room. The property is only a 15 minute drive to Marbella town and 30 minutes to Malaga airport.
Property Features
- 2 bedrooms
- 2 bathrooms
- 108m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,500€
Final Payment of 90% on completion
265,500€
Property Purchase Expenses
Property price
295,000€
Transfer tax 10%
29,500€
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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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.