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Ref: CSP-A0952
Property marketed by Crystal Shore Properties
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Immaculate three bedroom apartment enjoying an elevated position with sea views, yet walking distance to a local commercial centre with restaurants, bars, shops, a supermarket, etc. Located in the exclusive area of Monte Halcones with easy access to some of the best golf courses including La Quinta & Los Arqueros and only a few minutes drive from San Pedro, with its blue flag beaches. The property has been decorated to a very high standard and comprises of an enclosed terrace with superb panoramic views. Each bedroom has an ensuite bathroom and there is a patio area to the front of the property with access to the kitchen which is fully equipped.
Property Features
- 3 bedrooms
- 3 bathrooms
- 167m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,000€
Final Payment of 90% on completion
405,000€
Property Purchase Expenses
Property price
450,000€
Transfer tax 10%
45,000€
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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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.