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Ref: CSP-ND831
Property marketed by Crystal Shore Properties
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An exciting development release of contemporary apartments and penthouses with 2 and 3 bedrooms. These larger than average top quality apartments include a fully fitted Siemens kitchen, bathroom fittings, wardrobes in bedrooms, two parking places and one storage room; and of course spectacular panoramic views of the Mediterranean Sea. They are located just 200 meters from the Buddhist temple in Benalmádena which allows an easy access to the motorway and to the beach. You can be assured that there is a professional team with long experience behind this unique project. Common areas consist of tropical gardens and a Wellness Centre for the whole family, including a large pool of modern design with solarium, indoor heated swimming pool, modern gym, sauna and outdoor Jacuzzi.
Property Features
- 3 bedrooms
- 2 bathrooms
- 126m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
38,900€
Final Payment of 90% on completion
377,100€
Property Purchase Expenses
Property price
419,000€
Transfer tax 10%
41,900€
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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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.