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Ref: CSP-ND1012
Property marketed by Crystal Shore Properties
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Welcome to the most exclusive new build penthouses and apartments in the prestigious La Marina de Sotogrande, situated in a private gated community with pools and garden areas. The development comprises two buildings, offering 2 and 3 bedroom apartments and also the possibility to transform two apartments into a spacious 4 or 5 bedroom home with large reception rooms. The nautical style residential complex blends into the wonderful scenery of la Marina. Enjoy your new home in a unique setting in one of the most prestigious residential areas in southern Spain. Built to the most highest quality standards, with each home having the best in thermal and acoustic insulation. Enjoy all the services at la Marina de Sotogrande, just five minutes away from the beaches and Santa Maria Polo Club, a unique destination for lovers of golf and polo. Among the 5 courses nearby is the fabulous Valderrama, home to the Ryder Cup, Real Club de Sotogrande and San Roque Golf. Here you can enjoy various equestrian sports, sailing, tennis or paddle tennis in a privileged environment that provides great privacy, strategically located between the Costa del Sol and Cádiz. Sotogrande is recognised as being one of the best destinations in Spain for golf, sailing and equestrian sports and you can find everything that southern Andalusia has to offer within a 20 kilometre radius.
Property Features
- 2 bedrooms
- 2 bathrooms
- 82m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,800€
Final Payment of 90% on completion
358,200€
Property Purchase Expenses
Property price
398,000€
Transfer tax 10%
39,800€
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.