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Ref: CSP-ND717
Property marketed by Crystal Shore Properties
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Welcome to this innovative and elegant promotion of 124 excellent quality apartments and penthouses with 1, 2 and 3 bedrooms located in a desirable location, within walking distance to all kinds of amenities such as restaurants, bars, supermarkets, shops, town centre and the beach. This vibrant location is ideal for permanent all-year-round living as well as being perfect for holidays as there is an incredible rental potential, being so close to everything. The community will be gated and boosts an inviting swimming pool area, a gym and children's play area. All properties feature an open plan living space, double bedrooms with built in wardrobes, luxury bathrooms, and ample terraces with fabulous mountain views, garage and storeroom.
Property Features
- 3 bedrooms
- 2 bathrooms
- 99m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,200€
Final Payment of 90% on completion
217,800€
Property Purchase Expenses
Property price
242,000€
Transfer tax 10%
24,200€
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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Spanish Property News & Updates by Spain Property Portal.com
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.