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Ref: CSP-A1210
Property marketed by Crystal Shore Properties
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This high quality apartment is located in the contemporary gated development of Acosta in the 24h security manned resort of Los Flamingos, featuring a fabulous 5* Hotel with exclusive amenities and a short drive to all amenities. Enjoying a west facing position, it comprises of a bright living room with dining area, accessing an ample terrace enjoying pool sea, golf & mountain views, furthermore there is a kitchen which needs equipping, a utility room, two double bedrooms with built in wardrobes and two bathrooms. Additionally both bedrooms access a rear patio, ideal for creating a Japanese garden, for example. An underground parking space and storeroom is included.
Property Features
- 2 bedrooms
- 2 bathrooms
- 120m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,400€
Final Payment of 90% on completion
282,600€
Property Purchase Expenses
Property price
314,000€
Transfer tax 10%
31,400€
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.