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Ref: CSP-PH485
Property marketed by Crystal Shore Properties
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Stunning dúplex penthouse of 429 m2 located in one of the most exclusive complex of Marbella in the first line of the beach and Golf Courses! with direct access to one of the best beaches of the Costa del Sol, Palm Beach. This urbanization has 24h security, 2 swimming pools, tropical gardens and children's playground. This property is perfect to live the whole year or to come for holidays. This penthouse is very bright because it's south-west facing. From its terraces you will enjoy one of the best views of the Mediterranean Sea, Gibraltar and the African coast. It's built on two floors. On the first floor you'll find a big hall with access to the spacious living-dining room with fire-place with direct exit to a huge terrace, guest toilet, fully fitted kitchen with utility room and two large en-suite bedrooms. In the upper floor there is the master en-suite bedroom, a dressing room and 2 terraces. Two parking places are included in the price. This complex is located close to Trocadero Arena and to several golf courses.
Property Features
- 3 bedrooms
- 3 bathrooms
- 220m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
187,000€
Final Payment of 90% on completion
1,710,000€
Property Purchase Expenses
Property price
1,900,000€
Transfer tax 10%
190,000€
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.