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Ref: 663845
Property marketed by Lavanda Real Estate SL
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New Development: Prices from 365,000 € to 784,000 €. [Beds: 2 - 4] [Baths: 2 - 4] [Built size: 102.00 m2 - 223.00 m2]
This development is a residential project located in Fuengirola (Malaga), one of the most emerging areas of the Costa del Sol. Due to its elevated layout, this project of 36 apartments, enjoys stunning panoramic views of the Mediterranean Sea.
Now you have the perfect opportunity to enjoy the advantages of living in a dynamic and vibrant city, as well as the tranquility of living near the sea and the mountains.
This development is a residential project located in Fuengirola (Malaga), one of the most emerging areas of the Costa del Sol. Due to its elevated layout, this project of 36 apartments, enjoys stunning panoramic views of the Mediterranean Sea.
Now you have the perfect opportunity to enjoy the advantages of living in a dynamic and vibrant city, as well as the tranquility of living near the sea and the mountains.
Property Features
- 2 bedrooms
- 2 bathrooms
- 102m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
33,500€
Final Payment of 90% on completion
328,500€
Property Purchase Expenses
Property price
365,000€
Transfer tax 10%
36,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.