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Ref: 710149
Property marketed by Lavanda Real Estate SL
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Spacious three bedroom, southwest facing ground floor apartment in the well-known and gated community Marbella Real. A prestigious gated community with well-kept tropical gardens, a children's playground, five communal swimming pools, gymnasium, sauna, paddle courts and located a stone throw from the beach and local amenities. The property has an open living and dining area with access to a lovely terrace with direct access to the garden and swimming pool; a fully equipped kitchen with access to a large rear terrace which has the possibility to be enclosed; master bedroom with en suite bathroom and access to the terrace; two guest bedrooms; and a guest bathroom. Other features include fitted wardrobes, shutters on the windows, a parking space and a storeroom.
Property Features
- 3 bedrooms
- 2 bathrooms
- 153m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
72,000€
Final Payment of 90% on completion
675,000€
Property Purchase Expenses
Property price
750,000€
Transfer tax 10%
75,000€
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.