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Ref: OL530Tee5
Property marketed by Alcantara&Good
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This beautiful and spacious duplex penthouse is nestled in the exclusive Tee 5 urbanization, part of the prestigious Los Flamingos Golf Resort, and next to the luxurious 5-star Villa Padierna Hotel. With breathtaking south-to-west-facing views that stretch across the Mediterranean coast, this residence offers a serene yet upscale living experience, all within easy reach of essential amenities.
The main floor is designed for comfort and elegance, featuring a bright and airy living and dining area with high ceilings and a cozy gas fireplace. Two generous terraces extend from this space, with one offering a private Jacuzzi—perfect for relaxing while enjoying the panoramic coastal views. The semi-open, fully equipped kitchen, complete with a separate laundry area, adds both functionality and style to the home. This floor also houses two spacious guest bedrooms, one with an en-suite bathroom, and the other with access to a separate full bathroom. A guest toilet completes this level, ensuring convenience for visitors.
Upstairs, the master suite serves as a private retreat, boasting an en-suite bathroom, a dressing area, and access to a stunning roof terrace. This rooftop space elevates outdoor living with a private plunge pool and sauna, making it an idyllic spot to unwind while taking in the sweeping views.
Additional amenities include two underground parking spaces and a storage room, as well as access to the community's two sparkling pools and meticulously landscaped gardens. This penthouse blends luxury, privacy, and the allure of the Costa del Sol, offering an extraordinary lifestyle in one of the most coveted areas of southern Spain.
The main floor is designed for comfort and elegance, featuring a bright and airy living and dining area with high ceilings and a cozy gas fireplace. Two generous terraces extend from this space, with one offering a private Jacuzzi—perfect for relaxing while enjoying the panoramic coastal views. The semi-open, fully equipped kitchen, complete with a separate laundry area, adds both functionality and style to the home. This floor also houses two spacious guest bedrooms, one with an en-suite bathroom, and the other with access to a separate full bathroom. A guest toilet completes this level, ensuring convenience for visitors.
Upstairs, the master suite serves as a private retreat, boasting an en-suite bathroom, a dressing area, and access to a stunning roof terrace. This rooftop space elevates outdoor living with a private plunge pool and sauna, making it an idyllic spot to unwind while taking in the sweeping views.
Additional amenities include two underground parking spaces and a storage room, as well as access to the community's two sparkling pools and meticulously landscaped gardens. This penthouse blends luxury, privacy, and the allure of the Costa del Sol, offering an extraordinary lifestyle in one of the most coveted areas of southern Spain.
Property Features
- 3 bedrooms
- 3 bathrooms
- 231m² Build size
- Swimming Pool
- aire acondicionado
- amueblado
- apartamento
- armarios empotrados
- ascensor
- buen estado
- cocina amueblada
- cocina equipada
- dúplex
- edificio con garaje
- exterior
- gimnasio
- jardín comunitario
- lavadero
- luminoso
- parking
- piscina comunitaria
- plaza garaje incluida
- terraza
- urbanizacion privada
- vigilancia 24h
- vistas al golf
- vistas al mar
- vistas al monte
- ático
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
107,000€
Final Payment of 90% on completion
990,000€
Property Purchase Expenses
Property price
1,100,000€
Transfer tax 10%
110,000€
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.