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Ref: 724066
Property marketed by Lavanda Real Estate SL
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A rare opportunity to acquire a ground floor duplex apartment of this character in the popular gated development of Castiglione. Situated only a stone throw away from the Paseo Maritimo of San Pedro with all its Restaurants and beach makes this a desired property. The apartment is situated in a south orientation with a small private garden behind the beautifully kept communal pool. The large kitchen was recently fitted with a sleek modern design. When you get to the living room you are greeted with a very light and friendly room with terrace doors leading onto the terrace and small private garden. On this floor you have the master bedroom ensuite. On the top floor, there are 2 guest rooms sharing a bathroom. The apartment is a perfect holiday home with a very successful rental record. A true gem in a privileged area that has to be seen to be fully appreciated.
Property Features
- 3 bedrooms
- 2 bathrooms
- 166m² Build size
- 40m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
95,500€
Final Payment of 90% on completion
886,500€
Property Purchase Expenses
Property price
985,000€
Transfer tax 10%
98,500€
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.