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Ref: 708953
Property marketed by Lavanda Real Estate SL
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This exclusive property in the heart of Marbella, on its main artery Ricardo Soriano, has 2 bedrooms, one of them with an en-suite bathroom, the other with a separate bathroom, equipped kitchen and laundry room. The large living-dining room is entered through a spacious hall. It also has a terrace with views of the Avenue. A garage space in the basement is included. Porter service. Ideal for both main home and second home. Air conditioning, built-in wardrobes, recently renovated bathrooms. It does not need renovation - ready to move into and enjoy the best location near the beach, restaurants, supermarkets, etc. etc
Property Features
- 2 bedrooms
- 2 bathrooms
- 100m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
48,500€
Final Payment of 90% on completion
463,500€
Property Purchase Expenses
Property price
515,000€
Transfer tax 10%
51,500€
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.