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Ref: CSP-ND601
Property marketed by Crystal Shore Properties
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This new development of sleek modern apartments and penthouses due completion January 2019, is located between Marbella and Estepona, in walking distance to the charming village of La Cancelada which features an endless choice of restaurants, bars, shops, supermarkets, cosy squares and much more. Within a gated community offering lush gardens and inviting swimming pools, these apartments with superior finishing merge indoor and outdoor living spaces to the fullest. The kitchen, dining room and lounge blend into a spacious open plan area that is very much the heart of the home, but slide the doors to the terrace and you create a whole new dimension in which the living space is amplified both in size and scope. Enquire for more detailed information today!
Property Features
- 2 bedrooms
- 2 bathrooms
- 106m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,020€
Final Payment of 90% on completion
306,180€
Property Purchase Expenses
Property price
340,200€
Transfer tax 10%
34,020€
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.