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Ref: CSP-ND992
Property marketed by Crystal Shore Properties
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Development of luxury apartments situated front line golf In Cerrado de Aguila constructed to the highest contemporary style and using the finest materials. The apartments are designed to make the most out of natural light, joining the exterior and the interior spaces, through the terrace bringing a feeling of amplitude. Cerrado del Aguila offers modern living arrangements, high qualities and close proximity to all local amenities. Beyond the open, spacious and contemporary architecture the complex also offers tropical gardens, two communal pool areas, kids playground, Eco garden, home cinema, gymnasium, underground parking, storage rooms and much more.
Property Features
- 2 bedrooms
- 2 bathrooms
- 98m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,470€
Final Payment of 90% on completion
274,230€
Property Purchase Expenses
Property price
304,700€
Transfer tax 10%
30,470€
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.