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Ref: R4341676
Property marketed by Spanish Legal Homes
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Completely remodeled 3-bedroom beachfront duplex penthouse in Estepona, boasting breathtaking and panoramic views of the Mediterranean Sea and coastline. The property faces south, offering abundant sunlight. it provides direct beach access and is conveniently located within walking distance of the Estepona port and town center. The complex includes a community pool, well-maintained gardens, a tennis court and a social area complete with BBQ facilities. Parking is conveniently situated within the gated community, and a garage space is available for purchase at a price of 15,000€.Main Level: Expansive living and lounge area seamlessly integrated with a modern, fully equipped open-plan kitchen featuring top-of-the-line Bosch appliances. This level also offers direct entry to a large covered and open terrace showcasing stunning views. Additionally, there is a guest restroom.Upper Level: The upper floor comprises a master bedroom with an en-suite bathroom and dressing area, as well as two guest bedrooms sharing a bathroom. There is a laundry room and storage space available as well.R4341676
Property Features
- 3 bedrooms
- 2 bathrooms
- 151m² Build size
- Front line beach
- Air conditioning
- Fully fitted kitchen
- Private terrace
- Sea view
- Security shutters
- Covered terrace
- Fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
68,900€
Final Payment of 90% on completion
647,100€
Property Purchase Expenses
Property price
719,000€
Transfer tax 10%
71,900€
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.