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Ref: 721713
Property marketed by Lavanda Real Estate SL
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Great value three bedroom end of terrace townhouse located within a private gated community on Estepona's New Golden Mile. The property is just 3 minutes walk from all general amenities, and 17 minutes walk (1.3km) from one of the best beaches in Estepona. Situated in the desirable area of Bel Air, property offers three bedrooms, two bathrooms and a guest WC, and is split over three levels including a very private roof top terrace. The development features beautifully kept communal gardens and two swimming pools and is ideal for full time living or a rental investment. The south-facing orientation ensures plenty of natural light, while the location provides easy access to local amenities, golf courses, and the beach - all within walking distance. The property has airconditioning throughout, an open fireplace in the lounge, marble flooring throughout, and double glazed windows. A must view investment opportunity in a great location!
Property Features
- 3 bedrooms
- 3 bathrooms
- 145m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,000€
Final Payment of 90% on completion
414,000€
Property Purchase Expenses
Property price
460,000€
Transfer tax 10%
46,000€
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.