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Ref: YPIS98A
Property marketed by Your Property in Spain S.L
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Nicely refurbished, quite unique first floor apartment in Nueva Andalucía. A closed luxury development with 24 hours security, well maintained gardens with 2 pools (one of them heated). Nice terrace next to the pool for alfresco dining. The most popular shops and restaurants on your doorstep and only a 15 minute walk to Puerto Banus and the beach.
Property Features
- 3 bedrooms
- 2 bathrooms
- 120m² Build size
- Swimming Pool
- well presented
- spacious accommodation
- full of character
- quality residence
- central
- near beach
- quiet location
- close to shops
- close to golf
- prestigious area
- close to all amenities
- fitted kitchen
- en suite
- newly fitted bathroom
- air conditioning
- community garden
- terrace
- sunny terraces
- tennis court
- garage
- underground parking
- communal pool
- automatic entrance
- marble floors
- adsl
- fitted wardrobes
- double glazing
- very good access
- close to schools
- fitted bathroom
- garden & pool views
- mountain views
- part renovated
- electric garage door
- close to restaurants
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
64,500€
Final Payment of 90% on completion
607,500€
Property Purchase Expenses
Property price
675,000€
Transfer tax 10%
67,500€
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.