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Ref: CSP-ND560
Property marketed by Crystal Shore Properties
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New penthouses for sale in Alcaidesa, an absolutely stunning nature reserve with its own golf course, long sandy beaches and a quaint shopping centre with all amenities on hand. Situated next to the exclusive resort of Sotogrande with its modern infrastructure, including an impressive yacht marina, and close to Gibraltar´s international airport. We have an excellent selection of quality apartments on offer, all built to high standards and featuring sunny al fresco terraces with magnificent views of the sparkly Mediterranean Sea. Surrounded by wonderful lush landscaped gardens and inviting swimming pools make this a peaceful haven and a truly unique setting, which needs to be seen.
Property Features
- 2 bedrooms
- 2 bathrooms
- 109m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,900€
Final Payment of 90% on completion
170,100€
Property Purchase Expenses
Property price
189,000€
Transfer tax 10%
18,900€
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.