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Ref: 745-00059P
Property marketed by Spanish Legal Homes
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This fully renovated 3-bedroom ground floor apartment is situated in the esteemed Cabo Bermejo, a first-line development on the picturesque New Golden Mile between San Pedro and Estepona. This 5-Star gated community offers round-the-clock security, meticulously landscaped tropical gardens, 2 cascading outdoor pools, serene artificial lakes, a well-appointed gym, and a sauna area. The promenade runs directly in front of the complex, with charming restaurants and renowned 5-star hotels like 'Las Dunas' and 'ikos Resorts' within easy walking distance.The apartment showcases a newly designed open kitchen and lounge area, meticulously curated by our interior designer to maximize appreciation of the unobstructed Mediterranean Sea views. Additional premium features include a Bang & Olufsen Sound System and an electric fireplace, enhancing the allure of this exquisite interior. The property also includes an underground parking space and a storage room.745-00059P
Property Features
- 3 bedrooms
- 2 bathrooms
- 127m² Build size
- Front line beach
- Air conditioning
- Fully furnished
- Fully fitted kitchen
- Fireplace
- Sauna
- Storage room
- Security service 24h
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
173,500€
Final Payment of 90% on completion
1,588,500€
Property Purchase Expenses
Property price
1,765,000€
Transfer tax 10%
176,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.