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Ref: CSP-A0878
Property marketed by Crystal Shore Properties
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Quality apartment located in the exclusive gated development of Jardines del Albaicin, with tropical landscaped gardens and two swimming pools. This spacious first floor apartment comprises of a generously appointed living room with dining area, a modern fully equipped kitchen, two double bedrooms with built in wardrobes, two modern bathrooms and there is a cosy covered south west facing terrace which overlooks the pool and gardens. There is also an underground parking space with storeroom included. Situated next to prestigious Los Flamingos golf with its five star hotel Villa Padierna, offering luxury facilities.
Property Features
- 2 bedrooms
- 2 bathrooms
- 96m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,900€
Final Payment of 90% on completion
242,100€
Property Purchase Expenses
Property price
269,000€
Transfer tax 10%
26,900€
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.