3 bedroom Apartment for sale in Nueva Andalucia, Málaga, Spain

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Ref: CSP-PH455

Property marketed by Crystal Shore Properties

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Luxury duplex penthouse in the prestigious gated development of Magna Marbella in Nueva Andalucia, close to all amenities including top-class golf courses and only 3 minutes drive from world-famous Puerto Banus. The property is spacious to say the least and comprises of a large entrance hall, a fully equipped modern kitchen, a generously sized living room with dining area and impressive high ceiling feature, three double bedrooms with built in wardrobes and three quality en suite bathrooms. There is a lovely terrace off the living area as well as an impressive roof terrace featuring its own Jacuzzi and panoramic views of the golf course and La Concha mountain range. All rooms are equipped with underfloor heating and air conditioning. The community is manned 24hrs a day and offers three underground parking spaces, three storerooms and access to three spectacular swimming pools, all surrounded by landscaped gardens.

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Property Features

3 bedrooms
3 bathrooms
263m² Build size
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

121,000€

Final Payment of 90% on completion

1,116,000€

Property Purchase Expenses

Property price

1,240,000€

Transfer tax 10%

124,000€

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.

Mortgage Calculator

Mortgage Amount:

1,240,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Apartment for sale

Nueva Andalucia, Málaga

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.