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Ref: CSP-V1232
Property marketed by Crystal Shore Properties
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A stunning new contemporary house completed beginning of 2018, with advanced design and technological features, located in a prestigious area on the Costa del Sol. The villa is situated in the golf course surroundings overlooking the sea. The journey to Puerto Banus will only take you 5 minutes, 7 minutes to Marbella and only 4 minutes to the beach. This villa is located in a beautiful, gated and modern urbanization with 24 hour security and outstanding infrastructure. There is a new bilingual school that recently opened walking distance from the community. The villa is built using the latest technology and modern materials. It comes equipped with furniture and the latest domestic tech, providing limitless comfort for you and your family.
Property Features
- 5 bedrooms
- 5 bathrooms
- 551m² Build size
- 1,443m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
257,000€
Final Payment of 90% on completion
2,340,000€
Property Purchase Expenses
Property price
2,600,000€
Transfer tax 10%
260,000€
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.