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Ref: CSP-ND510
Property marketed by Crystal Shore Properties
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Brand new quality apartments for sale in Nueva Andalucia, Marbella, currently under construction and due completion end of 2018. Enjoying a fabulous location in the heart of the Golf Valley, within five minute´s drive to the glamorous marina of Puerto Banus with all its shopping facilities, top restaurants and popular bars. These newly built luxury apartments and penthouses will be spacious and built to high quality modern standards in a typical Mediterranean design. The gated complex will offer spectacular tropical gardens with waterfalls, swimming pools and small lakes to enjoy life outdoors. All apartments will include underground parking spaces and a lock-up storeroom. Please note the photos represent the first phase show flat.
Property Features
- 3 bedrooms
- 2 bathrooms
- 142m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
51,500€
Final Payment of 90% on completion
490,500€
Property Purchase Expenses
Property price
545,000€
Transfer tax 10%
54,500€
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.
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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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