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Ref: CSP-A1113
Property marketed by Crystal Shore Properties
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Exclusive garden apartment for sale in Marbella, situated in the luxurious 24h gated development of Las Lomas de Sierra Blanca above Marbellas beautiful Golden Mile, providing easy access to all amenities including world famous Puerto Banus. Presented in show home condition, this spacious property comprises of a generously appointed living-dining room with fireplace, a modern kitchen diner with utility area, guest cloakroom, three ample double bedrooms with built in wardrobes and three en suite bathrooms, of which the master features Onyx marble. Furthermore there is a stunning covered terrace enclosed with glass curtains and accessing the communal gardens, featuring an impressive swimming pool area and gymnasium.
Property Features
- 3 bedrooms
- 3 bathrooms
- 241m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
72,000€
Final Payment of 90% on completion
675,000€
Property Purchase Expenses
Property price
750,000€
Transfer tax 10%
75,000€
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.