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Ref: CSP-ND626
Property marketed by Crystal Shore Properties
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New modern contemporary apartments and penthouses situated frontline golf in La Cala de Mijas, walking distance to all amenities including sandy beaches. Currently under construction by one of Spains most successful property developer and due completion end of 2019, it will feature 2, 3 and 4 bedrooms. Comprising double bedrooms with built in wardrobes, luxury bathrooms, fully equipped kitchens with the most up-to-date appliances, ample terraces, underground parking and storeroom. This quality gated development with will offer an inviting swimming pool for residents use, paddle tennis courts and childrens play area. Take advantage of the privilege to be one of the first to choose a unit and at launch price!
Property Features
- 2 bedrooms
- 2 bathrooms
- 79m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
38,000€
Final Payment of 90% on completion
369,000€
Property Purchase Expenses
Property price
410,000€
Transfer tax 10%
41,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.