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Ref: 663856
Property marketed by Lavanda Real Estate SL
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New Development: Prices from 290,000 € to 580,000 €. [Beds: 1 - 2] [Baths: 1 - 2] [Built size: 59.00 m2 - 99.00 m2]
Situated in the nucleus of LUXURY Residentials , in one of the most emblematic and popular zones in the centre of Torremolinos surrounded with all type of services, transports, shops, restaurants, schools just at 5 minutes from the beach.
This spectacular building very demanded and wished in the zone and the centre of Torremolinos brings us:
- Apartments of 1 and 2 bedrooms and Penthouses with private pools.
- All properties have the option of Spa-Jacuzzi in their terraces.
- Infinity community pool.
- Gym with all sport machinery.
- Kitchens completely furnished and equipped.
- Cold and Hot air conditioner.
- Garages and Storerooms.
- Garages with preinstalled electric charges.
- Top quality finishes.
Note: Garages and storerooms are not included in the price
Situated in the nucleus of LUXURY Residentials , in one of the most emblematic and popular zones in the centre of Torremolinos surrounded with all type of services, transports, shops, restaurants, schools just at 5 minutes from the beach.
This spectacular building very demanded and wished in the zone and the centre of Torremolinos brings us:
- Apartments of 1 and 2 bedrooms and Penthouses with private pools.
- All properties have the option of Spa-Jacuzzi in their terraces.
- Infinity community pool.
- Gym with all sport machinery.
- Kitchens completely furnished and equipped.
- Cold and Hot air conditioner.
- Garages and Storerooms.
- Garages with preinstalled electric charges.
- Top quality finishes.
Note: Garages and storerooms are not included in the price
Property Features
- 1 bedroom
- 1 bathroom
- 59m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,000€
Final Payment of 90% on completion
261,000€
Property Purchase Expenses
Property price
290,000€
Transfer tax 10%
29,000€
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.