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NEW BUILD RESIDENTIAL COMPLEX IN SAN PEDRO DE ALCANTARA
New Build residential development of apartments with 3 bedrooms and penthouses with 4 bedrooms and 2 to 3 bathrooms, only 4 minute walk away from the sea front promenade and 3 minutes from the ancient part of San Pedro de Alcantara, in the new expanding area towards Marbella beach and near Puerto Banus.
Residential complex offers homes designed to provide maximum comfort for their residents, with a selection of top-quality materials from prestigious brands, and a carefully considered design. They boast a perfect air conditioning system, which adapts to the temperature during the colder months as well as the warmer ones and have optimal soundproofing between the homes and the exterior.
Constructed in compliance with the regulations contained in the new Technical Building Code (CTE), these homes are at the forefront of the market, providing the highest levels of energy efficiency.
The area has wide and modern avenues with cycling lanes, gardens, public transport, all of this surrounded by restaurants and stores.
A new residential development counts upon all the advantages of a quality residential environment, strategically located next to Puerto Banus, in Marbella, all with an extraordinary price.
Estimated completion date phase 1: June 2025
New Build residential development of apartments with 3 bedrooms and penthouses with 4 bedrooms and 2 to 3 bathrooms, only 4 minute walk away from the sea front promenade and 3 minutes from the ancient part of San Pedro de Alcantara, in the new expanding area towards Marbella beach and near Puerto Banus.
Residential complex offers homes designed to provide maximum comfort for their residents, with a selection of top-quality materials from prestigious brands, and a carefully considered design. They boast a perfect air conditioning system, which adapts to the temperature during the colder months as well as the warmer ones and have optimal soundproofing between the homes and the exterior.
Constructed in compliance with the regulations contained in the new Technical Building Code (CTE), these homes are at the forefront of the market, providing the highest levels of energy efficiency.
The area has wide and modern avenues with cycling lanes, gardens, public transport, all of this surrounded by restaurants and stores.
A new residential development counts upon all the advantages of a quality residential environment, strategically located next to Puerto Banus, in Marbella, all with an extraordinary price.
Estimated completion date phase 1: June 2025
Property Features
- 3 bedrooms
- 2 bathrooms
- 122m² Build size
- Near bus route
- Communal Pool
- Elevator/Lift
- Number of Parking Spaces: 1
- Location: Coastal, Urbanisation
- Near Schools
- Near Commercial Center
- Double Bedrooms: 3
- Gated
- Beach: 700 Meters
- Air Conditioning: Yes
- Terrace: 56 Msq.
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
75,500€
Final Payment of 90% on completion
706,500€
Property Purchase Expenses
Property price
785,000€
Transfer tax 10%
78,500€
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.