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Ref: CSP-A1169
Property marketed by Crystal Shore Properties
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distressed sale! Luxurious beachfront apartment located in the most exclusive development of Cabo Bermejo in Estepona, offering its fortunate residents 24 hrs security service, two swimming pools, a gym, absolutely impeccable landscaped gardens with ponds, and direct access onto sandy beaches. This corner garden apartment is immaculate throughout and comprises of three double bedrooms with built in wardrobes, three quality bathrooms, a fully equipped Siemens kitchen with serving hatch, utility room and there is a spacious living-dining room accessing two private al fresco terraces which enjoys beautiful views over the gardens and towards the sea. There is also a private rear terrace to enjoy. This unique property features luxury fittings including under floor heating throughout, air conditioning system, sound system, alarm, underground parking and storeroom.
Property Features
- 3 bedrooms
- 3 bathrooms
- 170m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
66,900€
Final Payment of 90% on completion
629,100€
Property Purchase Expenses
Property price
699,000€
Transfer tax 10%
69,900€
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.