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Ref: CSP-A1245
Property marketed by Crystal Shore Properties
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Brand new quality apartment with panoramic sea views located in the fabulous gated development of Avalon in Los Arqueros, an exclusive golf resort with 24h security and on site sports facilities. Featuring a modern contemporary style, this elevated apartment comprises of a spacious living-dining room with an open plan kitchen and utility, three double bedrooms with built in wardrobes, two luxury bathrooms and an expansive south facing terrace enjoying incredible views of the Mediterranean Sea, golf course, mountains, Gibraltar and Africa. The community is beautifully designed and features a residents swimming pool surrounded by Mediterranean style gardens. Underground parking and storeroom included.
Property Features
- 3 bedrooms
- 2 bathrooms
- 107m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,900€
Final Payment of 90% on completion
449,100€
Property Purchase Expenses
Property price
499,000€
Transfer tax 10%
49,900€
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.