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Ref: CSP-PH493
Property marketed by Crystal Shore Properties
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Cataleya 1st phase built in 2018, Brand new 3 bedrooms penthouse. The elegant gated resort features an inviting salt water swimming pool of overflow design, modern landscaped gardens, outdoor sports & recreation and double underground parking with storerooms. The exclusive apartments are designed to make the best use of natural lighting, joining the exterior and the interior spaces through floor to ceiling sliding windows off the surprisingly spacious terraces, thus creating a constant sensation of freedom. Open plan kitchens are integrated into the living area giving a friendly atmosphere. The exquisite selection of materials has been carefully studied in order to ensure the most comfortable quality of life.
Property Features
- 3 bedrooms
- 2 bathrooms
- 133m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
83,000€
Final Payment of 90% on completion
774,000€
Property Purchase Expenses
Property price
860,000€
Transfer tax 10%
86,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.