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Ref: CSP-A1098
Property marketed by Crystal Shore Properties
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Wonderful beachside apartment for sale in Park Beach, situated between Marbella and Estepona just 100m from the Mediterranean Sea and close to amenities. This highly sought after community features spectacular tropical landscaped gardens with beach entry swimming pools and various sun bathing areas, making it the perfect holiday getaway with excellent rental potential. The property itself is a corner unit and features a private enclosed garden of 80 m2 overlooking the pool, accessed from a private south facing terrace. It comprises of a very spacious living room with log fireplace, dining area, a fully equipped kitchen diner with utility room, two double bedrooms with fitted wardrobes and two bathrooms.
Property Features
- 2 bedrooms
- 2 bathrooms
- 108m² Build size
- 80m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,500€
Final Payment of 90% on completion
220,500€
Property Purchase Expenses
Property price
245,000€
Transfer tax 10%
24,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.