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Ref: CSP-ND583
Property marketed by Crystal Shore Properties
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This newly built gated complex features 162 apartments and penthouses within walking distance to sandy beaches, and easy driving access to all amenities including the charming marina of La Duquesa or Sotogrande. The bright apartments offer double sized bedrooms with built in wardrobes, bathrooms, fully equipped kitchens, airy living-dining rooms and al fresco terraces to enjoy the views, of which most offer sea views. Underground parking included.
Property Features
- 3 bedrooms
- 2 bathrooms
- 99m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,060€
Final Payment of 90% on completion
162,540€
Property Purchase Expenses
Property price
180,600€
Transfer tax 10%
18,060€
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.