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Ref: CSP-A1198
Property marketed by Crystal Shore Properties
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This apartment enjoys wonderful views of the local golf course, mountains and Sea and is located in the sought after Los Arqueros golf resort, a gated community with 24h security and on site sports facilities at the clubhouse. It enjoys a private south west facing position and the interior layout comprises of a welcoming hall, leading into a bright living-dining room, a fully equipped kitchen with separate utility room, three double bedrooms with built in wardrobes and two bathrooms. The lounge access a sunny terrace enjoying the views. Residents have the private use of two inviting swimming pools, of which one is heated during the winter months, all surrounded by beautiful tropical gardens.
Property Features
- 3 bedrooms
- 2 bathrooms
- 101m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 10%
27,500€
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.