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Ref: CSP-ND779
Property marketed by Crystal Shore Properties
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An innovative development due completion beginning of 2020 located in the very heart of Marbella Golden Mile with very close proximity to Puerto Banus, Marbella town centre, top beaches, leading restaurants and hotels, golf courses and other hot spots. The project consists of 20 homes distributed into 5 buildings with 4 properties, each having a private garden overlooking the intricate garden landscape. The communal areas feature a large pool, sun deck and impressive landscaped gardens, making for idyllic surrounding in the most pleasant of environments. The resort symbolises the utmost quality standard in fusion with functional and creative high end luxury residential living. Floor plans are conceived with an emphasis on spacious open areas, maximum floor to ceiling height level, as well as a premium on large face windows making for plentiful natural light throughout. Basements will have from 128 to 188 m2 allowing to comfortably having up to 5 bedrooms in total as well as the possibility of adding a home cinema, gym, entertainment or second kitchen.
Property Features
- 4 bedrooms
- 4 bathrooms
- 578m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
176,000€
Final Payment of 90% on completion
1,611,000€
Property Purchase Expenses
Property price
1,790,000€
Transfer tax 10%
179,000€
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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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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