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Ref: CSP-ND788
Property marketed by Crystal Shore Properties
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We invite you to explore this high-end contemporary development boosting an avant-garde design, situated 500 metres from the sea, within walking distance to all amenities and due completion end 2018. Featuring 82 exclusive apartments, its privileged location offers one of the best bay views of Fuengirola. Built to the highest standards of quality, all of them have large terraces, fully equipped kitchens, home automation, solar panels and air conditioning. A few features from the communal areas will be two salt water infinity swimming pools, gym, business centre and 24h security. All the apartments have 1 parking and 1 storeroom included. Enjoy a calm and peaceful lifestyle in an area with 24 hours security, only 500 meters from the sea and in an environment with excellent services as a fabulous internationally renowned hotel, 3 restaurants (including one with 1 star Michelin), spa, tennis, paddle, supermarket, cafes, laundry and so much more.
Property Features
- 3 bedrooms
- 2 bathrooms
- 83m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,400€
Final Payment of 90% on completion
345,600€
Property Purchase Expenses
Property price
384,000€
Transfer tax 10%
38,400€
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.