3 bedroom Townhouse for sale in El Peñoncillo, Málaga, Spain

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Ref: SC17-57589

Property marketed by David Santiago Inmobiliaria

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Spectacular house for sale in the Peñoncillo area with wonderful sea views. South facing. The built house consists of 200 meters and the plot has a total of 1200 meters. There is the possibility of enlarging the house, since the allowed meters of construction on the plot have not been exhausted. The house has a single floor and has 3 large bedrooms, 2 bathrooms, a living-dining room with an open kitchen, 2 parking spaces, an elevator to go down to the house, a huge garden with orchard and swimming pool. In addition, the house has double glazing with an air chamber for a better feeling of cold and heat. Hot water with solar panels and a tank so that the hot water can reach the pool and thus be semi-heated. DON'T MISS THE OPPORTUNITY TO ENJOY THESE VIEWS

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Property Features

3 bedrooms
2 bathrooms
269m² Build size
1,205m² Plot size
Swimming Pool
Parking : 2 P.Spots
Furnished : Yes
Garden : Yes
Swimming pool : Yes
Private patio
Terrace/balcony

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

122,000€

Final Payment of 90% on completion

1,125,000€

Property Purchase Expenses

Property price

1,250,000€

Transfer tax 10%

125,000€

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.

Mortgage Calculator

Mortgage Amount:

1,250,000€

Deposit:

€

Interest Rate:

Period:

Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.