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Ref: 711014
Property marketed by Lavanda Real Estate SL
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A very special penthouse situated 2nd line to the beach right in the centre of Estepona. The penthouse and terraces occupy the whole of the 6th floor on this building making it one of a kind and very private. The good size living and dining room have access straight out onto the southern part of the terrace with sea views but here comes the beauty, from here you can practically walk around the whole penthouse giving you amazing views in all directions especially over the old town towards the Sierra Bermeja Mountain range. The size of the terrace makes it possible to maximize your outdoor living and at the same time have a change of scenrio when you so desire. This is a truely unique property and has to be seen to be fully appreciated. Please note that the apartment is appr. 100m² constructed plus 187m² of terrace.
Property Features
- 3 bedrooms
- 2 bathrooms
- 76m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
114,500€
Final Payment of 90% on completion
1,057,500€
Property Purchase Expenses
Property price
1,175,000€
Transfer tax 10%
117,500€
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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Spanish Property News & Updates by Spain Property Portal.com
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.