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Ref: CSP-V1444
Property marketed by Crystal Shore Properties
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An amazing opportunity to acquire a stunning plot with a guest house already built in Europe's most exclusive estate, La Zagaleta. Situated a few minutes from the North Gate, the plot offers perfect privacy and panoramic views to sea, Gibraltar, mountain and the golf course. A 2 bedroom guest house has already been constructed in a corner of the plot and all retaining walls have also been placed. The guest house features a spacious driveway and double garage as well as a lot of storage space on the basement level. On the groundfloor we have the entrance hall with guest WC, a living - dining room withfireplace and the kitchen fitted by Clive Christian. From kitchen and living room we have access to the terrace and garden area with swimming pool.On the first floor we find 2 bedrooms with en-suite bathrooms and a wooden staircase leads up to upper tower room.
Property Features
- 2 bedrooms
- 2 bathrooms
- 183m² Build size
- 4,180m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
372,000€
Final Payment of 90% on completion
3,375,000€
Property Purchase Expenses
Property price
3,750,000€
Transfer tax 10%
375,000€
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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