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Ref: CSP-PH0383
Property marketed by Crystal Shore Properties
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Spectacular beachside penthouse for sale in Torre Bermeja, Estepona, south facing with wonderful views to the community gardens. Built to exceptionally high quality standards with domotics system, underfloor heating and B&O sound system throughout. It comprises of three double bedrooms with three bathrooms, a grand living room with lounge area, dining area, modern designer kitchen fitted with Siemens appliances & utility room, and there are private expansive terraces including a Jacuzzi. Two underground parking spaces and two storerooms included. The community offers two swimming pools, an indoor heated pool, two gymnasiums and 24h security.
Property Features
- 3 bedrooms
- 3 bathrooms
- 209m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
91,900€
Final Payment of 90% on completion
854,100€
Property Purchase Expenses
Property price
949,000€
Transfer tax 10%
94,900€
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.