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Ref: CSP-ND749
Property marketed by Crystal Shore Properties
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This is a new boutique development of 53 apartments and penthouses with a contemporary design nestled in an exclusive and peaceful area of Marbella East, with access to nature, tranquillity and walking footpaths, just 5km from Marbella town. Due completion October 2019 the new resort is fully legal according to PGOU 86 and boosts spacious homes that, thanks to a studied architectural approach, each and every one of them will have spectacular panoramic views of the Mediterranean Sea and beautiful mountain scenery from ample terraces. All comprise of double bedrooms with built in wardrobes, modern bathrooms, a fully equipped kitchen with utility area and an open plan living-dining area accessing al fresco terraces. Residents will be able to enjoy an inviting swimming pool surrounded by manicured gardens and of course 300 days of sunshine a year.
Property Features
- 2 bedrooms
- 2 bathrooms
- 103m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 10%
27,500€
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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