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Ref: CSP-ND432
Property marketed by Crystal Shore Properties
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Deluxe frontline beach apartments for sale in Estepona, situated in the select resort of Mar Azul with exclusive facilities such as 24hr reception, a spectacular tropical pool, heated indoor pool, Spa, gym, and direct beach access. Each high-spec apartment features an expansive terrace, a bright living room with dining area, a modern designer kitchen, double bedrooms with fitted wardrobes and quality bathrooms. All are built to top quality specifications with a modern Mediterranean design and feature underfloor heating throughout, air conditioning system, underground parking and storeroom. Situated walking distance to the beautiful town of Estepona with its endless choice of restaurants, shops and bars.
Property Features
- 2 bedrooms
- 2 bathrooms
- 96m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,000€
Final Payment of 90% on completion
396,000€
Property Purchase Expenses
Property price
440,000€
Transfer tax 10%
44,000€
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.