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Ref: 711723
Property marketed by Lavanda Real Estate SL
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Impressive three bedroom south facing duplex penthouse in the prestigious and gated beachfront community Menara Beach, Estepona. This sought-after complex has well-kept tropical gardens, outdoor communal swimming pool, indoor heated swimming pool and gymnasium, as well as being just ten minutes' drive to Puerto Banus and a short drive to shops, restaurants and all amenities. The property has an open plan living and dining area with patio doors leading to two private terraces with beautiful sea views; fully fitted kitchen with separate laundry area; guest suite with access to the terrace; guest bedroom; and a guest bathroom. The upper-level leads to the impressive master suite with vaulted ceilings and a private terrace; on this level there is an additional large terrace with BBQ area and stunning views of the community and sea. Other features include fitted wardrobes throughout, marble floors, hot and cold air conditioning, underfloor heating in the bathrooms, private parking and store room.
Property Features
- 3 bedrooms
- 3 bathrooms
- 302m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
187,000€
Final Payment of 90% on completion
1,710,000€
Property Purchase Expenses
Property price
1,900,000€
Transfer tax 10%
190,000€
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.