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Ref: 745-00225P
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Nestled on one of the most coveted plots in the well-established enclave of Estepona, this highly anticipated development is a masterpiece in the making. Perched in an elevated position with southern orientation, the stunning new development boasts breathtaking sea views and an unrivaled location in close proximity to the beach and all amenities in Estepona.This duplex penthouse is a vision of modern elegance, featuring superb terrace spaces and solarium that offer spectacular views of the Mediterranean. Positioned perfectly for indulging in the luxury outdoor lifestyle synonymous with southern Spain, the stylish penthouse is within walking distance of blue-flag beaches and a plethora of amenities. Additionally, they are conveniently situated near some of the best golf courses on the Costa del Sol. Estepona has become a hotspot with its comprehensive infrastructure, international and local schools, modern hospitals, and a selection of sporting facilities, including equestrian centers and tennis clubs.With just 48 two, three, and four-bedroom apartments and penthouses distributed over three low-rise buildings, this boutique development stands as a testament to refined living in the sought-after Costa del Sol area of Estepona.Resting at the base of the Sierra Bermeja Mountains, Estepona is strategically located to the west of Puerto Banus and Marbella, encompassing a range of beautiful beachside resorts. Playa del Cristo and Playa la Rada are two popular destinations within easy reach, providing a relaxed atmosphere and easy access to main tourist hotspots. The resort has undergone significant development over the years, attracting buyers from around the world. A little further west lies Sotogrande, renowned for its Polo matches and high-class marina, where the elite of society can be found wining and dining.These sophisticated contemporary homes aim to seamlessly blend design and comfort. The communal areas and spacious interiors are meticulously crafted to maximize natural light, presenting an exceptionally attractive product perfectly situated to enjoy all the offerings of this vibrant and renowned resort. Emphasizing interior natural light and a seamless connection with generous outside terraces, the design creates an extended living space, ideal for enjoying moments with family and friends in the allure of Mediterranean living.745-00225P
Property Features
- 4 bedrooms
- 2 bathrooms
- 165m² Build size
- Amenities near
- Sea view
- Lift
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
74,500€
Final Payment of 90% on completion
697,500€
Property Purchase Expenses
Property price
775,000€
Transfer tax 10%
77,500€
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.