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Ref: CSP-ND611
Property marketed by Crystal Shore Properties
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This new development of 176 luxury homes with a contemporary design is due completion October 2019, and nestled on the edge of the La Cañada golf course in Sotogrande, one of the most exclusive private developments in Spain. With excellent qualities and the highest level of leisure facilities through sports such as golf, polo and aquatic recreation. There will be spectacular views of both golf and sea from within a family friendly environment with 24h security, pools for adults and children, a gym, paddle tennis courts and a running track. Some of the individual property features include HVAC underfloor heating and air conditioning throughout, fireplace, domotics system, alarm system, fully fitted kitchens, bathrooms equipped with Hansgrohe, double garage and more.
Property Features
- 3 bedrooms
- 3 bathrooms
- 179m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,400€
Final Payment of 90% on completion
381,600€
Property Purchase Expenses
Property price
424,000€
Transfer tax 10%
42,400€
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.