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Ref: CSP-ND594
Property marketed by Crystal Shore Properties
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Exciting new build residential development due completion November 2018, situated on the western Costa del Sol, renowned for its pristine sandy beaches, magnificent marinas, world-class sports and leisure attractions, cosmopolitan resort towns and picturesque inland villages. The first phase comprises 29 properties with an ultramodern design of 12 with 3 bedrooms, and 17 with 2 bedrooms. All are spacious, have two bathrooms, plenty of wardrobe space, lift access and allocated parking. Onsite communal facilities meanwhile, include subtropical gardens featuring a swimming pool, as well as a fully-equipped gym. All the units feature open views over the extensive communal gardens, and - depending on their position within the development - many extend on the horizon to the sea.
Property Features
- 2 bedrooms
- 2 bathrooms
- 86m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,900€
Final Payment of 90% on completion
179,100€
Property Purchase Expenses
Property price
199,000€
Transfer tax 10%
19,900€
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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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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