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Ref: 709118
Property marketed by Lavanda Real Estate SL
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This charming one-bedroom penthouse for sale is located in a gated community, providing privacy and security for its residents. The complex features a range of amenities, including multiple swimming pools, beautifully landscaped gardens, and convenient access to nearby golf courses. The property is well-suited for long-term rentals or holiday lets, making it an attractive investment opportunity. The penthouse offers stunning views, showcasing the lush garden, pool area, golf course, and the sparkling Mediterranean Sea in the distance. With its exclusive location and desirable features, it promises both comfort and potential for great returns.
Property Features
- 1 bedroom
- 1 bathroom
- 78m² Build size
- 85m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 10%
22,000€
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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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.