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Ref: CSP-PH416
Property marketed by Crystal Shore Properties
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Unique penthouse for sale in Los Arqueros, occupying an elevated south facing position with panoramic sea & golf views. Situated in the gated development of Los Pinos with two swimming pools, of which one is heated, and close to the golf clubhouse with restaurant, bar, gym, sauna, squash, tennis and paddle courts. The property was originally two apartments, now split into one creating a really spacious duplex penthouse with a generously sized living accommodation. It comprises of an open plan L shaped living room with dining area and fireplace, a covered terrace enjoying the views, a huge kitchen diner, laundry room, a double bedroom and family bathroom. Upstairs offers three further double bedrooms with two bathrooms, of which the master bedroom is very impressive in size incorporating a dressing room and en suite bathroom with Jacuzzi. The master accesses a sunny terrace which enjoys the open views. Underground parking and storeroom included.
Property Features
- 4 bedrooms
- 3 bathrooms
- 234m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
51,000€
Final Payment of 90% on completion
486,000€
Property Purchase Expenses
Property price
540,000€
Transfer tax 10%
54,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.