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Ref: CSP-PH480
Property marketed by Crystal Shore Properties
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Amazing penthouse enjoying excellent sea and garden views from 2 private terraces, located in a fabulous gated community Toscana hills featuring a big swimming pool and benefiting from being within 10 minutes walking distance to amenities and 20 minutes walk from the sandy beaches. This property offers a large living-dining room accessing a west facing terrace, two double bedrooms with fitted wardrobes and there are 2 bathrooms. Additionaly an underground parking and one storeroom is included. This makes for an exceptional holiday home with good rental potential
Property Features
- 2 bedrooms
- 2 bathrooms
- 93m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,900€
Final Payment of 90% on completion
287,100€
Property Purchase Expenses
Property price
319,000€
Transfer tax 10%
31,900€
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.