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Ref: R4871938
Property marketed by Early Bird Investments
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"VICTORIA BAY, is an exclusive residential development by SUBA HOMES, located in Rincón de la Victoria, in the eastern part of the Axarquía. The proximity to the beaches, and all the services, schools, supermarkets, sports centres, restaurants, that the municipality offers makes this project more attractive.
A total of 28 homes, facing south, west, and north; the building is distributed over the ground floor, first, second, and third floors. Each home includes a parking space and a storage room.
Don't miss the opportunity to live in a privileged environment, with all the luxuries of a modern residential complex in an unbeatable location.
Contact us for more information or to arrange a visit and discover everything this development has to offer!"
A total of 28 homes, facing south, west, and north; the building is distributed over the ground floor, first, second, and third floors. Each home includes a parking space and a storage room.
Don't miss the opportunity to live in a privileged environment, with all the luxuries of a modern residential complex in an unbeatable location.
Contact us for more information or to arrange a visit and discover everything this development has to offer!"
Property Features
- 2 bedrooms
- 1 bathroom
- 76m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,110€
Final Payment of 90% on completion
243,990€
Property Purchase Expenses
Property price
271,100€
Transfer tax 10%
27,110€
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.