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Ref: TPG787
Property marketed by The Property Group
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Investment Opportunity in Marbella centrernrnSeize the chance to own a prime piece of real estate in one of Marbella's most coveted locations. This stunning beachfront apartment offers an unparalleled living experience, situated right in front of the vibrant marina and just steps away from the crystal-clear waters of the Mediterranean.rnrnSpanning 112 square meters, this apartment includes 2 spacious bedrooms and 2 bathrooms, with the master bedroom featuring a private en suite. While the property requires renovation, it presents a unique opportunity to customize and modernize the space to your taste, turning it into the perfect coastal retreat.rnrnThe apartment is bathed in natural light, with 3 balconies that provide breathtaking side views of the sea and marina, ideal for enjoying the serene surroundings.rnrnThis exclusive complex is more than just a place to live—it's a lifestyle. With access to 3 pristine swimming pools and the convenience of nearby shops and restaurants, you'll have everything you need at your fingertips.rnrnWhether you're looking for an exceptional investment or a dream home, this apartment in Marbella offers the perfect canvas to create a luxurious haven in a world-class location.~
Property Features
- 2 bedrooms
- 2 bathrooms
- 95m² Build size
- 112m² Plot size
- Balcony
- Close to amenities
- Unfurnished
- Pool - communal
- Sea views
- Renovation Needed
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,500€
Final Payment of 90% on completion
535,500€
Property Purchase Expenses
Property price
595,000€
Transfer tax 10%
59,500€
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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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.