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Ref: 710708
Property marketed by Lavanda Real Estate SL
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A well located penthouse close to Puerto Banus, the beach & amenities. Situated on a corner gives this property total privacy and the wrap around terrace enjoys both sea & mountain views. Spacious layout with a large family kitchen as the focal point, from here you access the main terrce with a large outdoor kitchen and dining area plus a jacuzzi facing the sea. The bedrooms are situated away from the living area creating privacy and all with access to the terrace. The property is accessed from the underground parking ( 2-3 cars), there is also a large storage room. The urbanisation has 24 hrs security, several pools, basketball and padel courts.
Property Features
- 3 bedrooms
- 2 bathrooms
- 173m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
116,500€
Final Payment of 90% on completion
1,075,500€
Property Purchase Expenses
Property price
1,195,000€
Transfer tax 10%
119,500€
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.