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Ref: 676488
Property marketed by Lavanda Real Estate SL
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Situated within the residential development of Cerros del Lago, nestled in the picturesque village of Istán, within the province of Malaga. This delightful town serves as a genuine haven of serenity along the Costa del Sol, conveniently located just a 10-minute drive from Puerto Banús, renowned as one of the region's most prestigious destinations.
Comprises a total of 22 apartments of different layouts, encompassing 1 and 2 bedroom units distributed across three separate buildings. The majority of these units come with the added convenience of dedicated parking spaces and storage rooms.
Istán, a hidden gem on the Costa del Sol, embraced by mountains and the tranquil Embalse de la Concepción reservoir. It's a local area where the beauty of nature and the richness of culture come together to create an unparalleled experience.
Comprises a total of 22 apartments of different layouts, encompassing 1 and 2 bedroom units distributed across three separate buildings. The majority of these units come with the added convenience of dedicated parking spaces and storage rooms.
Istán, a hidden gem on the Costa del Sol, embraced by mountains and the tranquil Embalse de la Concepción reservoir. It's a local area where the beauty of nature and the richness of culture come together to create an unparalleled experience.
Property Features
- 2 bedrooms
- 2 bathrooms
- 93m² Build size
- 114m² Plot size
- Swimming Pool
- Modern
- Near beach
- Near town
- Near city
- Near airport
- Near golf
- Near schools
- Near hospital
- Sea views
- Mountain views
- City views
- Countryside views
- Air conditioning
- Superfast Fiber Internet
- Off road parking
- Lift
- Disabled Access
- One-floor
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,400€
Final Payment of 90% on completion
219,600€
Property Purchase Expenses
Property price
244,000€
Transfer tax 10%
24,400€
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.