3 bedroom Apartment for sale in Nueva Andalucia, Málaga, Spain

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Ref: CSP-ND500

Property marketed by Crystal Shore Properties

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New exclusive apartments for sale in Marbella, situated in the affluent residential area of Nueva Andalucia within close proximity to all amenities including restaurants, bars, shops, schools and only 5 minutes drive to world famous Puerto Banus with its wonderful beaches. Currently under construction and due completion beginning of 2018, these contemporary style apartments will be located in a 24h gated complex with swimming pool and lush gardens. Spacious and bright layouts will feature double bedrooms with built in wardrobes, quality bathrooms, modern designer kitchens, and private sunny terraces to enjoy al fresco. Designed and built to the absolute highest quality standards using only the best materials.

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Property Features

3 bedrooms
2 bathrooms
128m² Build size
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

60,500€

Final Payment of 90% on completion

571,500€

Property Purchase Expenses

Property price

635,000€

Transfer tax 10%

63,500€

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.

Mortgage Calculator

Mortgage Amount:

635,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.