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Ref: CSP-ND696
Property marketed by Crystal Shore Properties
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These new apartments are situated in the sought after gated development of Dama de Noche which is walking distance to all amenities, including world famous Puerto Banus with its endless choice of amenities including sandy beaches. The luxury development offers 24h security, two inviting swimming pools, four paddle tennis courts, a children´s play area and lush landscaped gardens. The exclusive apartments include a fully equipped kitchen with utility area, a spacious living room with dining area, fitted wardrobes in the double sized bedrooms, marble tiled bathrooms, sunny terraces and underground parking. This makes for an excellent holiday home with rental potential, walking distance to amenities!
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,600€
Final Payment of 90% on completion
248,400€
Property Purchase Expenses
Property price
276,000€
Transfer tax 10%
27,600€
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.