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Ref: CSP-A1216
Property marketed by Crystal Shore Properties
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This newly built modern apartment is located in the gated community of Golf Hills in Selwo on the New Golden Mile, only 50 metres from La Resina Golf & Country Club and 2 minutes drive to the beach. The white washed village style resort offers residents two communal swimming pools, a paddle court, barbeque area and excellently maintained gardens. Enjoying a spacious distribution, the property boosts a bright living-dining room, a super large al fresco terrace, a fully equipped kitchen with separate utility area, two double bedrooms with fitted wardrobes and two bathrooms. Furthermore an underground parking space and storeroom is included.
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%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 10%
22,000€
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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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.