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Ref: CSP-ND739
Property marketed by Crystal Shore Properties
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First floor new contemporary style apartment for sale in Nueva Andalucia, Marbella, situated in an ultra-luxurious gated community in the heart of the Golf Valley within close proximity to all amenities, including glamorous Puerto Banus. These exclusive apartments enjoy spacious living accommodations and have been built to the highest quality standards, all surrounding tropical Mediterranean gardens including a beautiful swimming pool, which is accessed by two panoramic lifts and leads to a stunning lake. The complex is protected by a security perimeter fence and features state-of-the-art security with a surveillance centre. Last few units remaining!
Property Features
- 3 bedrooms
- 3 bathrooms
- 170m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,700€
Final Payment of 90% on completion
348,303€
Property Purchase Expenses
Property price
387,003€
Transfer tax 10%
38,700€
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.