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Ref: CSP-PH470
Property marketed by Crystal Shore Properties
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Fantastic modern duplex penthouse, located only 5 minutes from La Cala de Mijas. This 3 bedroom modern apartment is sold fully furnished. The property offers marble floors, air conditionning, and highest quality kitchen and bathroom. There is aswell an amazing roofterrace with breathtaking views of the sea and mountain.The community has a 24 hour securtity, 3 swimming pools and is surrounded by tropical gardens. One underground parking an a huge storeroom are included.
Property Features
- 3 bedrooms
- 2 bathrooms
- 264m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,500€
Final Payment of 90% on completion
256,500€
Property Purchase Expenses
Property price
285,000€
Transfer tax 10%
28,500€
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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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.